NasdaqGM:MRAMSemiconductor
Everspin Technologies (MRAM) Is Up 17.7% After $40M Navy MRAM Subcontract And Narrower Q1 Loss - Has The Bull Case Changed?
In April 2026, Everspin Technologies announced a US$40,000,000, 30‑month subcontract with Amentum Services under a U.S. Navy microelectronics RDT&E program, alongside first‑quarter 2026 results showing higher revenue and a smaller net loss than a year earlier.
The deal ties Everspin’s Toggle MRAM process technology directly into U.S. defense supply chains, reinforcing its role as an on‑shore memory partner for critical systems.
Next, we’ll examine how this US$40,000,000 defense-focused...