Magnetoresistive random-access memory may actually play a role in industrial applications.

The spinoff from Freescale Semiconductor Everspin Technologies seens to suggest that smart meters will be good candidates for MRAMs.

EE Times' R. Colin Johnson reports that "MRAMs are already used for critical program and data storage requirements in extreme environments. Everspin recently won a contract from Airbus to supply 4- and 16-Mbit MRAMs for the flight control computer on the next-generation Airbus A350. "

Johnson contends that the new serial MRAM models from Everspin will extend the nonvolatile memories reach into low-cost consumer devices and industrial controllers that leverage the simplicity of designs that do not require a parallel interface to memory.

A recent report details the application areas for MRAMS.

Probably worth taking a look at MRAMs.