>>> NVE Corporation (NVEC) develops and sells devices using spintronics, a nanotechnology that utilizes electron spin rather than electron charge to acquire, store, and transmit information. 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 factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers, such as IL500-series couplers, passive-input couplers, high-speed couplers, isolated network couplers, and IL800-series top-of-the-line couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology to store data, as well as conducts contract research and development activities. NVE Corporation serves semiconductor and medical device industries. The company sells its products through distributors in the United States, Europe, Asia, and internationally. NVE Corporation was founded in 1982 and is headquartered in Eden Prairie, Minnesota. <<<
