NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.
NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems. These devices are designed to offer low noise, fast response times, and miniature form factors suitable for embedded and high-density applications.
Founded in 1989 and headquartered in Eden Prairie, Minnesota, NVE operates wafer fabrication and assembly facilities to support both research and volume production. The company’s engineering and R&D efforts focus on advancing spintronic materials and device architectures, ensuring a steady pipeline of proprietary products and enhancements.
NVE is led by President and CEO David L. Thompson, whose tenure has fostered the commercialization of multiple generations of spintronic isolators and sensors. The company serves a global customer base, with sales and distribution channels spanning North America, Europe, and Asia.
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