Everspin awarded up to $14.55M for on-shore MRAM manufacturing for aerospace/defense

EVERSPIN TECHNOLOGIES INC.

Award valued at up to $14.55 million over 2.5 years for developing a long-term MRAM manufacturing plan.
Award aims to mitigate supply chain risks for aerospace and defense segments.
Everspin's Chandler, AZ facility will continue to support Department of Defense and space system requirements.
CEO cites front-end CMOS agnostic manufacturing enabling flexible CMOS wafer sourcing.

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