05:46 AM EDT, 07/25/2024 (MT Newswires) -- Everspin Technologies ( MRAM ) said Wednesday it secured a strategic contract with QuickLogic ( QUIK ) , valued at about $1.8 million, to provide its magnetoresistive random access memory, or MRAM technology, to support the Department of Defense's strategic and space system requirements.

Under the contract, Everspin ( MRAM ) will provide its AgILYST MRAM technology, logic design and manufacturing services to advance the development and demonstration of a strategic radiation-hardened high-reliability field programmable gate array technology.

The company said the contract is part of the $5.3 million contract that was awarded to QuickLogic ( QUIK ).

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