Everspin Technologies Submits Application for U.S. CHIPS and Science Act Funding

CHANDLER, Ariz.--(BUSINESS WIRE)--Mar. 11, 2024-- Everspin Technologies Inc., (NASDAQ: MRAM), the market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program, which is part of CHIPS for America, with a full application submitted to the National Institute of Standards and Technology, a bureau of the U.S. Department of Commerce. The submitted application is for additional 200mm MRAM capacity and will increase long term R&D IP capability. (See link for details)

https://investor.everspin.com/news-releases/news-release-details/everspin-technologies-submits-application-us-chips-and-science