I do not believe this has anything to do with a licensing deal. I do believe If there is an inside MRAM licensing information causing this stock to go up then 9-10% would probaly be a very small pre-announcement increase. This has more to do with general market conditions viv a vis NVEC fundamentals (with a small outside possibility of a new sensor or coupler order/customer).
The rest of the market is up, but NVEC is up more than 5X the gain in the Nasdaq, on a percentage basis. On heavy volume too. Something is up, not just the price of the stock. The big boys always know what's happening before the rest of the market, the inside trading laws be damned.