NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store and transmit information. The company manufactures spintronic products including sensors and couplers that are used to acquire and transmit data. The company has also licensed its spintronic magnetoresistive random access memory technology (MRAM). The company's products include: Sensor products, which detect the strength or gradient of magnetic fields and are used to determine position or speed; Coupler, which electrically isolates the coupled systems; and MRAM, which is used to store data in the spin of the electrons in thin metal alloy films, and read with spin-dependent tunnel junctions.
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