NVE Corp

NASDAQ:NVECUnited States

NVE Corporation develops and sells devices that use spintronics, which is a nanotechnology that relies on electron spin to acquire, store, and transmit information. The Company manufactures spintronic products, including sensors and couplers that are used to acquire and transmit data. The Company has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Its parts are primarily used in industrial, scientific, and medical applications, as well as the Industrial Internet of things. The Company's products include sensors, couplers, and MRAM products. Its sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed. Its spintronic couplers combine a giant magnetoresistance (GMR) sensor element and a microscopic coil. MRAM uses spintronics to store data. It combines the speed of static random-access memory (SRAM), the density of dynamic random-access memory (DRAM) and the nonvolatility of flash memory.

Contact Information

Headquarters

11409 Valley View RoadEDEN PRAIRIE, MN, United States 55344

Phone

952-829-9217

Fax

952-829-9189

Executives

Independent Chairman of the Board

Terrence Glarner

President, Chief Executive Officer, Director

Daniel Baker

Principal Financial Officer

Daniel Nelson

Vice President - Advanced Technology

Peter Eames

Independent Director

James Bracke