BAE Systems to Develop Nano-Sensor Technology in Pact with Micromem Applied Sensor Technologies

BOSTON, Jul 08, 2008 (ASCRIBE NEWS via COMTEX) -- SNTI | Quote | Chart | News | PowerRating -- BAE Systems, under an agreement with Micromem Applied Sensor Technologies, announced it will co-produce nano-sensor technology that will leverage both companies' use in military, commercial, and homeland security applications.

As a foundry and business development partner with Micromem Applied Sensor Technologies, BAE Systems said its Microelectronics Center in Nashua, New Hampshire, will develop Micromem designs and manufacturability for magnetic random-access memory (MRAM) products.

"Foundry facilities are very expensive, and development work on new products is highly capital-intensive," said Gino Manzo, foundry director at BAE Systems in Nashua. "This arrangement will advance technology and design maturity for products developed by Micromem by giving both companies the means to produce devices for a wide range of commercial and military uses."

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