The generation of short spin-current pulses is essential for fast spintronic devices. So far, spin current pulses are generated by femtosecond laser pulses which drive spins from a ferromagnetic metal layer. However, the need for miniaturization, simplicity and energy efficiency favour electric-field control of spintronic devices over optic or thermal control. Here, we combine ab initio calculations of electronic density of states at MgO/Fe interface with continuous model for charge transport to investigate the dynamics of the spin-dependent potential. We demonstrate that the voltage-driven instability of the electronic band structure due to the electronic resonant states at the Fe/MgO interface results in the generation of the femtosecond spin-polarized current pulse with the spin polarization up to P=7 00 % that propagates from the interface to the bulk. The dynamics of the current pulses driven by the Stoner instability depends neither on the dielectric relaxation time nor on the details of how the instability is achieved by changing the voltage, i.e. as long as the voltage changes are slow (quasi-static) with respect to the time determined by the spin diffusion constant, being of the order of fs. The presence of the instability can be detected by THz time-domain spectroscopy or pump-probe techniques.
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