Crocus Technologies Surpasses 100 million Sent Models of its CMOS-Integrated XtremeSense® TMR Sensor Citing Design and style Wins and Rapid Market place Adoption of TMR Engineering

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Today, Crocus Technologies, a leader in spintronic-primarily based sensors, introduced that they have surpassed the production and sale of 100 million CMOS-Integrated XtremeSense® TMR (tunneling magnetoresistance) sensors. This integral milestone highlights the fast market place adoption and recognition of TMR technology and Crocus’ designs.

Since its launch in 2019, XtremeSense® TMR sensors are becoming increasingly adopted across industries ranging from automotive and medical devices to industrial equipment and hard drives. The unique design of Crocus’ sensors has been a vital factor in their success. Utilizing advanced chip technology from their research team, their CMOS-Integrated XtremeSense® TMR sensors pair high-resolution magnetic sensing with low power consumption, providing a reliable answer for today’s power-driven digital world.

Commenting in this accomplishment, Ray Srivastava, President and CEO of Crocus Technologies stated, “This is undoubtedly an extraordinary milestone for us and we’re particularly proud that our popular sensing products harnessing TMR technology have been adopted throughout the world in such a short amount of time. We give much of the credit to our team and investors that have made this success possible. We’re not done yet, and will continue to strive to improve our products and provide trust-worthy sensing solutions to our customers.”

Crocus Technologies’ has been able to successfully establish itself in the market as a reliable provider of sensors due to their data-driven approach to design and development. Their innovative designs provide their customers with various product offerings to choose from and cater to the various needs for different applications.

Overall, these impressive milestones for Crocus clearly demonstrates their exceptional design and innovation, as well as the fast adoption of TMR technology. The company is committed to meeting the needs of their customers by providing reliable, high quality products that are tailored to their needs. As the industry evolves, Crocus is prepared to lead the way with cutting-edge sensing solutions and technologies.

SANTA CLARA, Calif., Jan. 31, 2023 /PRNewswire/ — Crocus Technological know-how, the foremost maker of TMR magnetic sensors, is very pleased to announce that at the stop of CY2022 it grew to become the very first producer to achieve a history shipping of 100 million models of its state-of-the-artwork monolithic, CMOS-built-in XtremeSense TMR. This major milestone marks a significant achievement for the corporation, solidifying its position as the major service provider of TMR sensor technological innovation and signifying its determination to innovation and to delivering the optimum-high quality alternatives to its prospects.

Crocus commenced providing products to the industrial market in CY2020 and rapidly achieved 100 million units shipped because of to its large overall performance technology, crucial design and style wins and swift market place adoption. XtremeSense TMR technological innovation will allow prospects to create goods devoid of compromise, leveraging the higher sensitivity, nano-amps electricity consumption, superior bandwidth, higher accuracy, temperature steadiness and most effective-in-class sign-to-sounds ratio (SNR). No other maker or technologies can match Crocus’ XtremeSense TMR attributes.

“We are thrilled to access this major milestone,” claimed President and CEO Zack Deiri. “It is a testomony to the fantastic excellent and reliability of our TMR magnetic sensors. Our consumers employ XtremeSense functions to generate merchandise with performance differentiation. We outperform legacy solutions these types of as Corridor-Effect sensors, bulky shunt resistors, and other complex mechanical remedies.” Dieri additional, “Crocus has received important layouts in a wide variety of purposes, which includes EV/HEV, renewable power, electric power supplies, motor controls, and healthcare. We are fully commited to aggressively expanding our assistance and manufacturing capabilities to meet customers’ evolving demands effectively into the long run.”

“We would like to convey our gratitude to our buyers and associates for their continued help and have confidence in in our XtremeSense know-how,” explained Deiri. “our commitment to study and progress guarantees that we continue to be at the forefront of magnetic sensor innovation. We glance ahead to bringing our superior TMR sensor technologies to far more clients and applications soon.”

About Crocus

Crocus Engineering is a world wide chief in giving highly developed TMR sensor technology remedies to foremost designers and producers of industrial, automotive and purchaser electronics. We are the developer of XtremeSense TMR highly developed sensor technological know-how that provides the greatest sensitivity, the most affordable ability intake and smallest measurement by comparison to other dated magnetic technologies these as Corridor, AMR and GMR. Founded in 2006, we are a privately held, VC-backed enterprise. With over 150 patents issued and more than 300 pending, Crocus Technological innovation is a worldwide chief in the superior TMR sensor industry. We are headquartered in Milpitas, California, with an R&D facility in Grenoble, France.

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