NVE is a leading provider of technology and intellectual property for revolutionary Magnetoresistive Random Access Memories (MRAM). MRAM has been called "the ideal memory," potentially combining the density of DRAM with the speed of SRAM and non-volatility of flash memory or disk. NVE's MRAM licensees have included Motorola, Inc., Honeywell International, and Cypress Semiconductor Corporation.

How MRAM Works Data is written by a small electrical current that creates a magnetic field, which flips electron spins in a spin-dependent tunnel junction. Data is read as the resistance of the junction.