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Stock impact report

Lucid Motors Selects Everspin’s PERSYST MRAM for Gravity Electric SUV

Everspin Technologies, Inc. (MRAM) 
Last everspin technologies, inc. earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Lucid has integrated Everspin’s MRAM Across Multiple High-Performance EV Models, Strengthening Data Reliability and System Performance CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that Lucid Motors will use its PERSYST MRAM in its recently released Gravity SUV. The MR25H256A, a 256Kb serial MRAM, was selected because it meets the AEC Q100 Grade 1 specification of -40C to 125C temperature operation. The MRAM is used in the Gravity to handle data logging and parameter storage to assist in the efficient operation of the all-electric powertrain."The selection of our PERSYST product family for both the Lucid Gravity SUV and the Lucid Air is a testament to the reliability and performance our MRAM products provide in demanding environments,” said Sanjeev Aggarwal, President and CEO of Everspin Technologies. “As the aut Show less Read more
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