Everspin announces new strategic contract with QuickLogic

Everspin Technologies (MRAM) announced a new strategic contract with QuickLogic Corporation (QUIK). “Everspin is pleased to continue its collaboration with its partners QuickLogic and Honeywell to integrate MRAM directly into the FPGA product to support the DoD,” said Sanjeev Aggarwal, President Technologies and CEO of Everspin Technologies. “This project builds upon over 12 years of Everspin’s experience in delivering MRAM IP for strategic radiation hardened and space applications.” Under the contract, Everspin will provide its innovative AgILYST MRAM technology, logic design, and back end of line manufacturing services to advance the development and demonstration of a Strategic Radiation Hardened high-reliability Field Programmable Gate Array technology. This initiative supports both current and future Department of Defense strategic and space system requirements. The contract with Everspin Technologies is valued at approximately $1.8M.