Minnesota-based NVE Corporation is a leading developer and distributor of devices utilizing spintronics, a nanotechnology that makes use of electron spin to store, transmit, and acquire information both in the United States and around the world. The company's hardware offerings include sensors and couplers that are designed to acquire and transmit data using spintronic technology. Its product line caters to the factory automation market, offering standard sensors that detect magnetic and metallic materials for determining speed and position. The company also provides custom and medical sensors that replace electromechanical magnetic switches. NVE Corporation also offers spintronic couplers to the industrial Internet of Things market. Moreover, it undertakes R&D projects and technology licensing for spintronic magnetoresistive random access memory technology. The corporation was founded in 1989 and has its headquarters in Eden Prairie, Minnesota.
NVE's ticker is NVEC
The company's shares trade on the NASDAQ stock exchange
They are based in Eden Prairie, Minnesota
There are 51-200 employees working at NVE
It is nve.com
NVE is in the Technology sector
NVE is in the Semiconductor - Specialized industry
The following five companies are NVE's industry peers:
- Silicon Motion Technology Corporation