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.

NVE Corporation

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

NASDAQ:NVEC

NVE Corporation

Last Close

84.22

26/07 20:00

Market Cap

351.12M

Beta: 1.24

Volume Today

47.35K

Avg: 33.73K

PE Ratio

17.95

PFCF: 19.92

Dividend Yield

5.00%

Payout:89.71%

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