NVE Corporation (FRA:NVK)
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54.50
+1.50 (2.83%)
At close: Nov 28, 2025

NVE Corporation Company Description

NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally.

The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data.

Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market.

In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches.

Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products.

Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology.

The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

NVE Corporation
CountryUnited States
Founded1989
IndustrySemiconductors and Related Devices
Employees42
CEODaniel Baker

Contact Details

Address:
11409 Valley View Road
Eden Prairie, Minnesota 55344-3617
United States
Phone952 829 9217
Websitenve.com

Stock Details

Ticker SymbolNVK
ExchangeFrankfurt Stock Exchange
Stock TypeCommon Stock
Fiscal YearApril - March
Reporting CurrencyUSD
SIC Code3674

Key Executives

NamePosition
Daniel BakerChief Executive Officer
Daniel NelsonChief Financial Officer