Everspin Secures $14.55M Award To Ensure Long-Term MRAM Manufacturing For Aerospace And Defense Industries, Continuing On-Shore Production In Chandler, Arizona For Current And Future DoD And Space System Requirements
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Everspin Technologies has secured a $14.55 million award to support long-term MRAM manufacturing for aerospace and defense industries. This funding will ensure continued on-shore production in Chandler, Arizona, meeting current and future Department of Defense and space system requirements.
August 20, 2024 | 8:01 pm
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Everspin Technologies received a $14.55 million award to enhance MRAM manufacturing for aerospace and defense, ensuring on-shore production in Arizona.
The $14.55 million award is a significant boost for Everspin Technologies, ensuring the continuation and potential expansion of its MRAM manufacturing capabilities. This aligns with the strategic needs of the aerospace and defense sectors, likely leading to increased revenues and market confidence.
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