NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. NVE Corporation?s products are used in a variety of applications including industrial control, factory automation, medical devices, and communications. The company was founded in 1982 and is headquartered in Eden Prairie, Minnesota.