Everspin highlights MRAM market opportunity topping $4.3 billion by 2029 in investor presentation

Reuters2026/09/08 16:11

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Everspin investor presentation outlined MRAM strategy for mission-critical markets, highlighting a served market projected to reach USD 4.3 billion by 2029.
Positioned as a singular domestic MRAM supplier, targeting aerospace and defense, automotive, industrial, enterprise, data center applications.
Roadmap emphasized PERSYST persistent-data products, UNISYST unified code-and-data memory, system-in-package, chiplet approaches for new markets.
Manufacturing model spans an owned 8-inch US line, GlobalFoundries 12-inch STT-MRAM partnership, planned 16 nm node work at TSMC.
Reported FY25 revenue of USD 63.8 million, gross margin of 60%, free cash flow of USD 1.3 million, zero debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everspin Technologies Inc. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Everspin highlights MRAM market opportunity topping $4.3 billion by 2029 in investor presentation

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