NVE Corporation Introduces High-Sensitivity TMR Smart Magnetometer

Spintronics Market Set to Soar to USD 12.98 Billion at 36% CAGR by 2031, Driven by Advanced Consumer

NVE Corporation has introduced the SM223, a high-sensitivity TMR smart magnetometer for precise position control and current measurement, contributing to the growth and innovation of the Spintronics Market.

NVE Corporation

NVE Corporation Unveils World's Most Sensitive Analog Magnetometer IC

NVE Corporation has unveiled the ALT021-10E, one of the world's most sensitive analog magnetometer ICs, and expanded its line of isolated DC-to-DC converters.

NVE Corp to Invest in Production Capacity Expansion

Zacks Initiates Coverage of NVE Corp With Neutral Recommendation

NVE Corp plans to invest $4-$5 million over the next two fiscal years to expand its production capacity, particularly in areas such as medical devices and industrial sensors.

NVE Corp Declares Quarterly Cash Dividend and Reports Strong Cash Position

NVE Corp has declared a quarterly cash dividend of $1 per share, reflecting a strong commitment to returning value to shareholders, and reported cash and cash equivalents of more than $10 million and total current assets of approximately $33 million as of Mar 31, 2024.

NVE Corporation is a leader in practical spintronics, providing innovative products and solutions for the practical application of spintronics in various industries.

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers. The company’s designs are based on giant magnetoresistance (GMR) and tunneling magnetoresistance (TMR) combined with integrated circuitry.

NVE’s award-winning products are smaller, more precise, higher speed, and more rugged than coventional devices, and are used in industrial, scientific, and medical applications.

National Science Foundation

Our rugged new industrial network transceivers work where conventional parts are "toast" https://lnkd.in/g-wBNhBw

This recent paper describes an AAH002-02 GMR sensor array for petroleum and chemical process pipelines. https://lnkd.in/gzDVVZck

A recent symposium paper describes non-destructive inspection using NVE sensors: https://lnkd.in/gv2Kg8pV

NVE participated in just-published research that could improve energy efficiency and accelerate the use of spintronic Magnetic Tunnel Junctions: https://lnkd.in/gKQBKKhu

NVE will be at the Edina Senior High School Career Fair Thursday, Nov. 30. We offer internships and entry-level jobs for high school students and recent graduates. https://lnkd.in/e8nSfKz

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

COM:NVE

NVE Corporation

Last Close

78.42

22/11 21:00

Market Cap

351.12M

Beta: -

Volume Today

16.59K

Avg: -

Analysis Not Available