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NVE Corporation (NVEC)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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83.00+0.80 (+0.97%)
As of 10:51AM EDT. Market open.

NVE Corporation

11409 Valley View Road
Eden Prairie, MN 55344-3617
United States
952 829 9217

Full-time employees51

Key executives

NameTitlePayExercisedYear born
Dr. Daniel A. Baker Ph.D.CEO, President & Director1.03MN/A1958
Mr. Daniel NelsonAccounting Manager & Principal Financial Officer62.23kN/A1986
Dr. Peter G. EamesVice President of Advanced Technology289.74kN/A1976
Mr. John K. MyersVice President of New Business Development135.62k2.75M1949
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


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 1 April 2024 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.