NVEC - NVE Corporation
NVE Corporation
11409 Valley View Road
Eden Prairie, MN 55344-3617
United States
952 829 9217
https://www.nve.com
Sector(s): Technology
Industry: Semiconductors
Full-time employees: 51
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Dr. Daniel A. Baker Ph.D. | CEO, Pres & Director | 665.52k | N/A | 1958 |
| Dr. Peter G. Eames | VP of Advanced Technology | 212.64k | N/A | 1976 |
| Mr. Daniel Nelson | Accounting Mang. & Principal Financial Officer | N/A | N/A | N/A |
| Mr. John K. Myers | VP of New Bus. Devel. | N/A | N/A | 1949 |
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.
Corporate governance
NVE Corporation’s ISS governance QualityScore as of 30 May 2023 is 2. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 2; Compensation: 5.
