Everspin Expands High-Reliability MRAM Portfolio with New Automotive-Grade Offerings

Rhea-AI Summary

Everspin Technologies (NASDAQ: MRAM) has announced an expansion of its high-reliability MRAM portfolio with new automotive-grade offerings. The new PERSYST EM064LX HR and EM128LX HR products operate at temperatures from -40°C to +125°C, meeting AEC-Q100 Grade 1 automotive standards.

These new memory solutions, available in 64Mb and 128Mb capacities, feature Quad SPI Interface compatibility and faster write speeds compared to NOR Flash. The products are specifically designed for aerospace, defense, and extreme industrial environments, with particular emphasis on Low Earth orbit (LEO) satellite applications requiring radiation tolerance.

Engineering samples will be available in June 2025, with full production scheduled for late 2025. The company is showcasing these products at Embedded World 2025, featuring demonstrations including PERSYST EMxxLX, OpenMV Camera Application, and evaluation board demos developed with Arrow, Lattice, and MAS Elettronica.

Positive

• Expansion into automotive-grade market with AEC-Q100 Grade 1 certification
• Product portfolio expansion with new 64Mb and 128Mb capacity offerings
• Enhanced temperature range capability (-40°C to +125°C)
• Strategic entry into growing LEO satellite market

Negative

• Long wait time to market - products not available until late 2025

Insights

Technology Analyst

Everspin's expansion of their PERSYST EMxxLX family with high-reliability STT-MRAM represents a strategic market positioning move targeting high-value sectors. The new EM064LX HR and EM128LX HR offerings specifically address three growth markets: automotive, aerospace/defense, and extreme industrial environments.

The technical specifications reveal significant performance advantages over competing non-volatile memory technologies. These MRAM modules operate across an impressive -40°C to +125°C temperature range while meeting AEC-Q100 Grade 1 automotive standards. The quad SPI interface ensures compatibility with existing systems, while the elimination of the erase cycle requirement gives MRAM a fundamental architectural advantage over flash memory in write-intensive applications.

The timing of this announcement coincides with the acceleration of LEO satellite deployments, where radiation tolerance and reliability in extreme conditions are non-negotiable requirements. Having Astro Digital's CTO provide testimonial validation strengthens Everspin's position in this specialized market.

However, investors should note that while engineering samples arrive in June 2025, full production won't begin until late 2025. This extended timeline means revenue impact will be delayed, although securing design wins could provide earlier positive signals.

Everspin's decade-long presence at Embedded World demonstrates their consistent focus on this market, with their expanded product line potentially opening new revenue streams in previously underserved sectors.

Industrial Applications Specialist

Everspin's new high-reliability MRAM expansion directly addresses critical pain points in extreme environment computing. The capability to operate reliably at temperatures from -40°C to +125°C solves a persistent challenge for aerospace and automotive engineers who have traditionally faced compromises when selecting memory technologies for harsh conditions.

The automotive-grade certification (AEC-Q100 Grade 1) represents a significant qualification milestone, opening doors to the massive automotive electronics market where stringent reliability standards create high barriers to entry. For advanced driver assistance systems and autonomous vehicles, the faster write speeds compared to NOR flash translate to improved real-time processing capabilities.

In aerospace applications, particularly the rapidly expanding LEO satellite sector, radiation tolerance combined with persistent storage creates a compelling value proposition. Traditional volatile memory requires complex backup systems with increased failure points, while conventional non-volatile memory suffers from write endurance - both problems MRAM elegantly solves.

The 64Mb and 128Mb capacities hit the sweet spot for many embedded control applications, though they won't address primary storage needs. The interactive demonstrations at Embedded World, particularly the OpenMV camera application, showcase practical implementations that help engineering teams visualize integration pathways.

With engineering samples available in Q2 2025, early adopters can begin validation testing this year, though mass deployment in production systems will extend into 2026 and beyond.

New PERSYST EM064LX and EM128LX HR STT-MRAM Expanding Use in Aerospace, Automotive, and Industrial Applications Unveiled at Embedded World 2025

CHANDLER, Ariz.--(BUSINESS WIRE)-- Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced its latest high-reliability MRAM expansion. The newest additions to the PERSYST EMxxLX family, the EM064LX HR and EM128LX HR, will operate at temperatures from -40°C to +125°C, meeting the AEC-Q100 Grade 1 standard for automotive applications. This expanded temperature range addresses the growing demand for persistent, high-speed memory in aerospace, defense, and extreme industrial environments.

"As embedded systems continue to push the boundaries of reliability and endurance, memory technology must keep pace with extreme operating environments," said Sanjeev Aggarwal, President and CEO at Everspin Technologies. "Our latest high-reliability PERSYST MRAM provides designers with a robust, fast, and scalable alternative to Static RAM or NOR flash, ensuring mission success in automotive, aerospace, and industrial applications."

The rapid expansion of Low Earth orbit (LEO) satellite deployments is driving demand for high-reliability memory solutions capable of withstanding extreme operating conditions, including tolerance to radiation. With LEO satellites playing an increasing role in infrastructure and connectivity, memory solutions that offer high-speed performance, extended endurance, and resilience to extreme temperatures are essential for ensuring mission success.

"Everspin's MRAM has proven to be an optimal solution for demanding space exploration and LEO satellite missions," said Billy Wahng, Chief Technology Officer of Astro Digital. "The addition of the HR high-rel version will give us the option to broaden the operating range of our systems."

Everspin's PERSYST MRAM has been widely adopted for almost two decades in critical storage applications, recognized for its high endurance and reliability. As the fastest MRAM available in its temperature range, the latest PERSYST expansion delivers the performance and durability required for next-generation embedded systems:

• Capacities of 64Mb and 128Mb – Optimized for mission-critical systems.
• Quad SPI Interface – Industry-standard compatibility for easy integration.
• Faster Write Speeds vs. NOR Flash – Reducing system overhead in real-time applications.
• Simpler architecture – No erase required enhancing system utilization.

Engineering samples of the EM064LX and EM128LX HR will be available in June 2025, with full production scheduled for late 2025.

Everspin marks a decade of participation at Embedded World, underscoring its commitment to embedded system developers and industry-leading persistent memory solutions. This year attendees can explore real-world MRAM applications through interactive demonstrations at Everspin’s booth 4-360:

• PERSYST EMxxLX Showcase – Featuring the new high-reliability product expansion.
• OpenMV Camera Application – Utilizing MRAM for embedded vision systems.
• Evaluation Board Demo – Developed with Arrow, Lattice, and MAS Elettronica.
• Customer Use Cases – Highlighting MRAM’s integration in mission-critical applications.

Visit Booth 4-360 at Embedded World 2025 to learn more about Everspin’s PERSYST MRAM solutions or visit www.everspin.com.

About Everspin Technologies

Everspin Technologies, Inc., is the world’s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest-performance, non-volatile memory for Industrial IoT, Data Centers, and other mission-critical applications where data persistence is paramount. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base. For more information, visit www.everspin.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20250310030417/en/

Agency Contact:

Kiterocket

Stephanie Quinn

T: 480-316-8370

E: squinn@kiterocket.com

Source: Everspin Technologies, Inc.

FAQ

What are the key features of Everspin's new PERSYST EM064LX and EM128LX HR MRAM products?

The new MRAM products operate at -40°C to +125°C, meet AEC-Q100 Grade 1 automotive standards, offer 64Mb and 128Mb capacities, feature Quad SPI Interface, and provide faster write speeds than NOR Flash.

When will Everspin's (MRAM) new high-reliability PERSYST products be available?

Engineering samples will be available in June 2025, with full production scheduled for late 2025.

What markets is Everspin Technologies (MRAM) targeting with its new PERSYST products?

The products target aerospace, automotive, defense, and extreme industrial environments, with specific focus on LEO satellite applications.

How does Everspin's (MRAM) new PERSYST memory compare to traditional alternatives?

It offers a faster, more robust alternative to Static RAM or NOR flash, with higher endurance, no erase requirement, and better performance in extreme conditions.