Weebit Nano’s Commercial Targets Hinge on Timely Tape-Out and Qualification
Weebit Nano reports solid progress in Q4 FY25 with key technology milestones and its first product design license, backed by a strong cash position.
- Technology transfer to onsemi’s Treo™ platform progressing with first tape-out expected in 2025
- Qualification of ReRAM at DB HiTek on track for completion before end of 2025
- First product design license signed post-quarter with a US security applications company
- Received A$1.4 million in customer payments during the quarter
- Strong cash reserves of A$88 million to support growth and R&D
Technology Transfer and Milestones
Weebit Nano has marked a productive quarter ending June 2025, advancing the transfer of its Resistive RAM (ReRAM) technology to onsemi’s Treo™ platform. The company expects the tape-out of its first demo chip embedded with ReRAM before the end of the calendar year, a critical step towards commercial availability. This progress with onsemi, a NASDAQ-100 integrated device manufacturer, positions Weebit’s technology for use in high-temperature automotive and industrial applications.
Simultaneously, Weebit is on track to complete qualification of its ReRAM technology at DB HiTek, a leading foundry, by the end of 2025. This qualification process adheres to rigorous JEDEC industry standards, ensuring the technology meets demanding requirements for endurance and data retention. Once qualified, Weebit’s IP will be accessible through DB HiTek’s 130nm Bipolar-CMOS-DMOS process, broadening its applicability across consumer, industrial, and IoT markets.
Commercial Momentum and Customer Engagement
Commercially, Weebit is making significant strides. The company reported receiving A$1.4 million in customer payments during the quarter and, notably, signed its first product design license agreement post-quarter with a U.S.-based company targeting security-related applications. This milestone validates Weebit’s technology readiness and market interest.
Weebit’s CEO, Coby Hanoch, highlighted active discussions with over a dozen foundries, integrated device manufacturers, and product companies. The company remains well-positioned to meet its ambitious AGM targets of securing new agreements with three fabs and three product companies by the end of 2025. The strongest customer engagement is seen in AI, automotive, and power management sectors, where Weebit’s low-power, high-performance ReRAM offers compelling advantages.
Financial Health and Future Outlook
Financially, Weebit maintains a robust balance sheet with A$88 million in cash reserves as of June 30, 2025. This strong cash position supports ongoing R&D and commercial activities, including milestone-based customer payments that underpin revenue growth potential. Operating expenses included A$3.5 million in R&D and A$357,000 in payments to related parties, reflecting continued investment in technology development and leadership.
Weebit’s active presence at major semiconductor industry events worldwide; from Germany to Japan and the USA; further supports its commercial momentum by raising awareness and fostering partnerships. The company’s ongoing technical enhancements to its ReRAM technology aim to sustain competitive advantages and facilitate broader adoption.
Bottom Line?
With key technology milestones nearing completion and its first product license secured, Weebit Nano is poised for a pivotal year ahead.
Questions in the middle?
- How soon will Weebit finalize additional licensing agreements with fabs and product companies?
- What impact will onsemi’s Treo™ platform integration have on Weebit’s market penetration?
- How will ongoing technical improvements influence Weebit’s competitive positioning in AI and automotive sectors?