Everspin Working to Expand Domestic MRAM Manufacturing Operations and Capabilities into State of Indiana

Everspin Technologies, Inc. announced it is working with state and federal government sources to secure funding to add capacity and capabilities for MRAM trusted manufacturing.

The company is working to build a manufacturing line in the state of Indiana which would add capacity for the firm’s commercial MRAM and increase its capability to act as a foundry for the manufacture of Toggle and STT-MRAM. The company plans to work with the local research community to enhance domestic research for MRAM technology development, creating a ‘Technology Development Center’ at the proposed Indiana-based location. The firm is in a position to leverage its MRAM patent portfolio; 15-year history of manufacturing MRAM domestically and 10-year history of manufacturing MRAM as a BEOL foundry service for commercial and DoD applications. Adding capacity and capability will ensure a secure supply chain for the next phase of growth and development.

“Everspin is the sole domestic commercial manufacturer of MRAM devices today. Expanding the capacity of MRAM manufacturing domestically is of strategic benefit for Everspin and its commercial and US Government partners. When funding is fully secured, Everspin will kick off the activities to move this exciting project forward,” says Sanjeev Aggarwal, president and CEO.

The firm’s MRAM manufacturing site in Chandler, AZ, will continue operations and be the basis for technology transfer to the incremental fab location.