NVE Corporation (NVEC)

NASDAQ: NVEC · IEX Real-Time Price · USD
90.18
+2.66 (3.04%)
At close: Mar 28, 2024, 4:00 PM
90.19
+0.01 (0.01%)
After-hours: Mar 28, 2024, 5:11 PM EDT

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 acquiring 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) market; 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.

NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

NVE Corporation
NVE Corporation logo
Country United States
Founded 1989
IPO Date Sep 26, 1996
Industry Semiconductors
Sector Technology
Employees 51
CEO Dr. Daniel A. Baker Ph.D.

Contact Details

Address:
11409 Valley View Road
Eden Prairie, Minnesota 55344
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
Dr. Peter G. Eames Vice President of Advanced Technology
John K. Myers Vice President of New Business Development

Latest SEC Filings

Date Type Title
Feb 13, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 7, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 26, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Jan 24, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 24, 2024 144 Filing
Jan 17, 2024 10-Q Quarterly Report
Jan 17, 2024 8-K Current Report
Jan 3, 2024 8-K/A [Amend] Current report
Oct 18, 2023 10-Q Quarterly Report