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Home > News > NVE Wins Contract to Develop New Type of High-Density MRAM

November 21st, 2003

NVE Wins Contract to Develop New Type of High-Density MRAM

NVE Corporation announced today that it has been awarded a contract by the Defense Threat Reduction Agency (DTRA) to develop a new type of magneto-thermal Magnetic Random Access Memory (MRAM). The contract is for approximately $500,000 over two years and has a goal of showing the design feasibility of a one-gigabit chip. The contract announced today is in addition to a $750,000 magneto-thermal MRAM contract announced August 4, 2003 from the Defense Advanced Research Projects Agency (DARPA) administered by the U.S. Army Aviation and Missile Command.


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