Everspin publishes investor presentation outlining MRAM growth strategy, $4.3B market opportunity by 2029

Reuters04-03

Everspin publishes investor presentation outlining MRAM growth strategy, $4.3B market opportunity by 2029

Everspin outlined strategy to expand MRAM product portfolio for mission-critical uses across industrial, automotive, aerospace-defense, data center markets.
Market opportunity for MRAM projected to exceed $4.3B by 2029.
Company highlighted PERSYST served market of $1.1B in 2024, rising to $4.3B in 2029.
Manufacturing plan centers on US-owned 8-inch MRAM line, supported by 12-inch STT-MRAM partnership with GlobalFoundries across 28/22/12nm nodes.
Financial summary showed revenue of $63.8 million in fiscal 2025, zero debt, positive free cash flow.

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 April 02, 2026, and is solely responsible for the information contained therein.

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