NVE Corporation develops and sells devices using spintronics, a nanotechnology we helped pioneer, which utilizes electron spin rather than electron charge to acquire, store and transmit information.
We make spintronics practical by manufacturing high-performance products including sensors and couplers that are used in industrial, scientific, and medical applications. We have also licensed our spintronic magnetoresistive random access memory technology, commonly known as MRAM.
Sensors acquire information, couplers transmit information, and memories store information. Thus our technology can provide the eyes, nerves, and brains of electronic systems. NVE's award-winning products are sold through a worldwide distribution network.
NVE was founded by Dr. James M. Daughton, a former Honeywell executive, in 1989.
The company is located in Eden Prairie, Minnesota, a suburb of Minneapolis.