NVE Corporation (NVE) develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. The Company manufactures spintronic products, including sensors and couplers that are used to acquire and transmit data. The Company has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Its designs are based on either giant magnetoresistance or tunneling magnetoresistance. In NVE�s products, the spintronic elements are connected to integrated circuitry.