Company Description
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally.
The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data.
Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches.
The company also offers spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets; and DC-to-DC convertors for use in power conversion systems and industrial networks for the IIoT.
In addition, it undertakes contracts for research and development, and licensing of 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.
| Country | United States |
| Founded | 1989 |
| IPO Date | Sep 26, 1996 |
| Industry | Semiconductors |
| Sector | Technology |
| Employees | 54 |
| CEO | Daniel Baker |
Contact Details
Address: 11409 Valley View Road Eden Prairie, Minnesota 55344-3617 United States | |
| Phone | 952 829 9217 |
| Website | nve.com |
Stock Details
| Ticker Symbol | NVEC |
| Exchange | NASDAQ |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| CIK Code | 0000724910 |
| CUSIP Number | 629445206 |
| ISIN Number | US6294452064 |
| Employer ID | 41-1424202 |
| SIC Code | 3674 |
Key Executives
| Name | Position |
|---|---|
| Dr. Daniel A. Baker Ph.D. | Chief Executive Officer, President and Director |
| Daniel Nelson | Accounting Manager and Principal Financial Officer |
| John K. Myers | Vice President of New Business Development |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 7, 2024 | 8-K/A | [Amend] Current report |
| Nov 5, 2024 | 144 | Filing |
| Oct 23, 2024 | 10-Q | Quarterly Report |
| Oct 23, 2024 | 8-K | Current Report |
| Oct 16, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Aug 15, 2024 | 144 | Filing |
| Aug 5, 2024 | 8-K | Current Report |
| Jul 17, 2024 | 10-Q | Quarterly Report |
| Jul 17, 2024 | 8-K | Current Report |