Weebit Nano Breaks Records and Advances ReRAM Tech at Leading Fabs
Weebit Nano has reported a record quarter with A$7.3 million in customer receipts, securing three key product agreements and progressing critical technology milestones at leading semiconductor fabs.
- Record quarterly customer receipts of A$7.3 million
- Achieved target of three product company agreements integrating Weebit ReRAM
- First test chips taped-out at onsemi’s 300mm production fab
- Qualification progressing at DB HiTek, targeting completion by end 2025
- Strong cash position of A$91.6 million supports ongoing R&D and commercial expansion
Strong Start to FY26 with Commercial Momentum
Weebit Nano Ltd (ASX, WBT) has kicked off fiscal year 2026 with a robust quarterly performance, highlighted by record customer receipts of A$7.3 million. This milestone reflects growing market confidence in the company’s Resistive RAM (ReRAM) technology, which is gaining traction as a next-generation non-volatile memory solution.
CEO Coby Hanoch emphasized the significance of reaching the company’s 2025 target of securing three product company agreements. These partnerships will see Weebit's ReRAM integrated into advanced security and smart battery management applications, underscoring the technology’s versatility and appeal across diverse sectors.
Key Technology Milestones at Leading Semiconductor Fabs
A major technical achievement was the tape-out of the first test chips embedded with Weebit ReRAM at onsemi’s 300mm production fab. This milestone marks a critical step in the technology transfer process, with onsemi’s 65nm BCD Treo™ platform targeting high-temperature automotive and industrial applications. Final testing and qualification of these chips are expected in 2026, potentially paving the way for volume production.
Meanwhile, qualification efforts at South Korea’s DB HiTek are progressing well, with completion targeted before the end of 2025. Successful qualification in DB HiTek’s 130nm Bipolar-CMOS-DMOS process will open access to a broad customer base, further accelerating Weebit’s commercialisation plans.
Expanding Industry Engagement and Intellectual Property
Weebit is actively engaging with more than a dozen foundries, integrated device manufacturers, and product companies, aiming to secure additional licensing agreements before year-end. The company’s participation in key industry conferences across the USA, France, Israel, and Australia supports its sales and marketing efforts, positioning Weebit as a leading independent ReRAM provider.
In parallel, Weebit strengthened its intellectual property portfolio with six new patents granted during the quarter. These patents cover innovations in low-voltage devices, memory programming architectures, and manufacturing methods, reinforcing the company’s competitive edge.
Financial Health and Governance Enhancements
Financially, Weebit maintains a strong balance sheet with A$91.6 million in cash reserves at quarter-end, enabling continued investment in research and development as well as commercial activities. The company also received a significant A$4.1 million R&D tax rebate related to its French subsidiary.
Governance improvements include the appointment of Anne Templeman-Jones as Deputy Chair, enhancing board engagement with Australian investors and stakeholders. This move aligns with best-practice corporate governance standards and supports strategic oversight as Weebit scales its operations.
Bottom Line?
With technology milestones achieved and commercial momentum building, Weebit Nano is poised to accelerate its ReRAM market penetration in the coming quarters.
Questions in the middle?
- How soon will onsemi and DB HiTek complete final qualification and begin volume production?
- What additional licensing agreements might Weebit secure before the end of 2025?
- How will emerging competition from fabs developing in-house ReRAM technologies impact Weebit’s market position?
