Everspin Technologies announces a strategic partnership with Teledyne HiRel Semiconductors to accelerate adoption of Everspin MRAM in aerospace, defense, and other demanding systems.
Everspin Technologies appoints Vikas Choudhary to its board of directors, effective August 10, 2026. Choudhary serves as SVP and GM of the Connectivity and Storage BU at MaxLinear and brings more than three decades of semiconductor experience.
Everspin Technologies reports preliminary unaudited Q2 2026 revenue of USD 18.7 million, a record for the company. Revenue is up 42 percent from USD 13.2 million in the year-earlier quarter, including USD 15.3 million in MRAM product sales.
Everspin Technologies says it is expected to join the Russell 2000 Index at the close of U.S. equity markets on June 26, 2026. The company identifies the benchmark as the U.S. small-cap Russell 2000 Index and trades on Nasdaq under ticker MRAM.
