Live News • May 22
Weebit Nano Reports Major Share Gains and Partnerships as ReRAM Commercialisation Accelerates Weebit Nano has reported strong share price gains over the past year, in a range of roughly 172% to over 300%, as it progresses the commercialisation of its ReRAM memory technology.
The company has completed two customer product tape-outs including a functioning prototype, a key step toward moving its ReRAM into mass production and generating licensing revenue.
Partnerships with Tier-1 semiconductor companies such as Texas Instruments and onsemi, upgraded FY2026 revenue guidance to at least A$10 million, and capital raises totaling about A$102 million indicate a push to scale ReRAM in AI and automotive edge-computing markets.
Taken together, the customer tape-outs, Tier-1 partnerships and upgraded revenue guidance suggest that Weebit Nano is transitioning from pure R&D toward a more commercial, licensing-focused business model supported by fresh capital.
It may be useful to track how quickly these partnerships convert into recurring licensing revenue and to monitor execution risk around scaling the technology and meeting the FY2026 revenue target. New Risk • May 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$18m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (AU$3.8m sold). Recent Insider Transactions • May 13
Independent Non-Executive Director recently sold AU$3.8m worth of stock On the 5th of May, Ashley Krongold sold around 860k shares on-market at roughly AU$4.43 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Mar 27
Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 87.075 million. Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 87.075 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,800,000
Price\Range: AUD 4.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,700,000
Price\Range: AUD 4.05
Transaction Features: Subsequent Direct Listing New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$4.3m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Mar 02
First half 2026 earnings released: AU$0.14 loss per share (vs AU$0.12 loss in 1H 2025) First half 2026 results: AU$0.14 loss per share (further deteriorated from AU$0.12 loss in 1H 2025). Revenue: AU$5.65m (up AU$4.97m from 1H 2025). Net loss: AU$30.0m (loss widened 32% from 1H 2025). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Global Semiconductor industry. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions Derivative • Jan 06
CEO, MD & Executive Director exercised options and sold AU$830k worth of stock On the 31st of December, Jacob Hanoch exercised options to acquire 158k shares at no cost and sold these for an average price of AU$5.24 per share. This trade did not impact their existing holding. For the year to June 2019, Jacob's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Jacob's direct individual holding has increased from 1.26m shares to 1.46m. This was the only transaction from an insider over the last 12 months. Announcement • Dec 31
Weebit Nano Limited Provides Revenue Guidance for the Fiscal Year 2026 Weebit Nano Limited provided revenue guidance for the fiscal year 2026. For the year, the company provided revenue guidance of minimum revenue of $10 million. Announcement • Oct 06
Weebit Nano Limited Taps Out Embedded Reram Test Chips at Onsemi Production Fab Weebit Nano Limited has successfully tape-out (released to manufacturing) test chips featuring its embedded Resistive Random-Access Memory (ReRAM) module at onsemi's 300mm production fab in East Fishkill, NY. The chips are being developed in onsemi's Treo platform, which is a 65nm Bipolar-CMOS-DMOS (BCD) process. onsemi is a U.S. based company that delivers intelligent power and sensing solutions for the automotive, industrial and AI data center markets. This tape-out represents a key milestone towards enabling Weebit ReRAM IP onsemi's Treo™? platform. For Treo-based designs, Weebit ReRAM provides an ultra-low-power, high density NVM that unlocks new levels of intelligence and functionality. onsemi's next-generation products are expected to use this breakthrough memory technology. The test chips will now be used for final testing and qualification ahead of anticipated volume production. Announcement • Sep 22
Weebit Nano Limited, Annual General Meeting, Nov 24, 2025 Weebit Nano Limited, Annual General Meeting, Nov 24, 2025. Major Estimate Revision • Sep 03
Consensus revenue estimates increase by 98% The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$9.39m to AU$18.6m. Forecast losses expected to reduce from -AU$0.194 to -AU$0.174 per share. Semiconductor industry in Australia expected to see average net income growth of 37% next year. Consensus price target of AU$8.82 unchanged from last update. Share price fell 13% to AU$2.44 over the past week. Reported Earnings • Aug 28
Full year 2025 earnings released: AU$0.19 loss per share (vs AU$0.22 loss in FY 2024) Full year 2025 results: AU$0.19 loss per share (improved from AU$0.22 loss in FY 2024). Net loss: AU$38.4m (loss narrowed 6.9% from FY 2024). Revenue is forecast to grow 87% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Global Semiconductor industry. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 01
Weebit Nano and DB HiTek to Demonstrate Chips integrating Weebit Reram at PCIM 2025 Weebit Nano Limited and DB HiTek will show the first demonstration of DB HiTek's Bipolar-CMOS-DMOS (BCD) silicon integrating Weebit's Resistive Random-Access Memory (ReRAM) non-volatile memory (NVM) technology at PCIM 2025. PCIM is Europe's largest power semiconductor exhibition, being held in Nuremberg, Germany, from May 6-8, 2025. This is the latest step in the continued collaboration between the companies as they progress towards full qualification of Weebit's embedded ReRAM module in DB HiTek's 130nm BCD process, expected later this year. This process is ideal for analog, mixed-signal and high-voltage designs in consumer, industrial, IoT, and a range of other applications. Weebit ReRAM IP provides a high-density, low-power embedded NVM for these applications that is cost effective and has proven excellent retention at high temperatures. The edge AI demonstration, running on DB HiTek chips with embedded Weebit ReRAM, shows an application of gesture recognition. It was developed in collaboration with Nanoveu's Embedded AI Systems Pte. Ltd. and will be shown in DB HiTek's booth 680 in Hall 7 at PCIM. Weebit ReRAM will be qualified in DB HiTek's BCD 130nm process and ready for production in calendar 2025. Once qualified, DB HiTek will add Weebit's memory module to its BCD 130nm Process Design Kit (PDK). DB HiTek customers can use the standard 1Mb modules in the PDK or have modules customized for their needs. Weebit ReRAM is available now to select DB HiTek customers for design prototyping. Major Estimate Revision • Feb 04
Consensus revenue estimates decrease by 44%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from AU$4.11m to AU$2.32m. EPS estimate increased from -AU$0.191 to -AU$0.111 per share. Semiconductor industry in Australia expected to see average net income growth of 38% next year. Consensus price target of AU$8.71 unchanged from last update. Share price was steady at AU$2.21 over the past week. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$1.0m revenue, or US$639k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$24m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Dec 19
Weebit Nano Limited Appoints Anne Templeman-Jones to Its Board as Non-Executive Director, Effective from 1 January 2025 Weebit Nano Ltd. announced the appointment of Ms. Anne Templeman-Jones to its Board as a Non-Executive Director (NED), effective from 1 January 2025. Ms. Templeman-Jones' distinguished career, which spans 35 years of executive and board roles in Australia and internationally, has seen her lead and advise many major companies across multiple industries. This included a successful executive career in the banking industry, and was followed by board roles with Commonwealth Bank of Australia Limited, Blackmores Limited, Cuscal, Worley Limited, GUD Holdings Limited, The Citadel Group, TAL Superannuation Australia, and HBF Private Health Insurance, among others. Ms. Templeman-Jones currently sits on the boards of New South Wales Treasury Corporation (TCorp), Trifork AG and Erilyan Pty Ltd. She brings deep business acumen, strategy, finance and corporate governance experience, as well as enterprise risk management of complex organisations. New Risk • Nov 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$1.0m revenue, or US$661k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$21m net loss in 3 years). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Announcement • Nov 15
Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million. Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,666,667
Price\Range: AUD 3
Discount Per Security: AUD 0.12
Transaction Features: Subsequent Direct Listing Announcement • Sep 20
Weebit Nano Limited, Annual General Meeting, Nov 27, 2024 Weebit Nano Limited, Annual General Meeting, Nov 27, 2024. Major Estimate Revision • Sep 06
Consensus revenue estimates increase by 608%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from AU$590.0k to AU$4.20m. EPS expected loss of AU$0.21 per share, down from profit of AU$0.226 per share previously. Semiconductor industry in Australia expected to see average net income growth of 36% next year. Consensus price target of AU$8.71 unchanged from last update. Share price fell 16% to AU$1.93 over the past week. New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.07% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 0.07% per year for the foreseeable future. Revenue is less than US$1m (AU$1.0m revenue, or US$691k). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$41m net loss in 2 years). Recent Insider Transactions • Jun 11
Independent Non-Executive Chairman recently bought AU$108k worth of stock On the 3rd of June, David Perlmutter bought around 44k shares on-market at roughly AU$2.46 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Recent Insider Transactions • Apr 03
Independent Non-Executive Director recently sold AU$681k worth of stock On the 27th of March, Ashley Krongold sold around 200k shares on-market at roughly AU$3.40 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Feb 22
Weebit Nano Demonstrates Performance of its Reram Under Extended Automotive Conditions Weebit Nano Limited is demonstrating the high endurance and reliability of its Resistive Random-Access Memory (ReRAM) in extended automotive conditions, including high temperatures of 150 degrees Celsius and extended program cycles. The Weebit ReRAM module in SkyWater Technology's 130nm CMOS (S130) process has already been fully qualified at temperatures of up to 125 degrees Celsius - the temperature specified for Grade-1 automotive applications. Now, as part of Weebit's ongoing efforts to demonstrate performance at higher temperatures and higher endurance levels, the company is demonstrating: High endurance: 100K cycles; High-temperature stability: 150 degrees Celsius lifetime operation, including cycling and retention. New Risk • Oct 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Announcement • Oct 20
Weebit Nano Limited, Annual General Meeting, Nov 23, 2023 Weebit Nano Limited, Annual General Meeting, Nov 23, 2023, at 15:00 AUS Eastern Standard Time. Location: Olderfleet, 477 Collins Street Melbourne Victoria Australia Agenda: To consider Adoption of the Remuneration Report;to consider Re-election of Directors;to consider Approval of Issue of Performance Rights to Executive Director and CEO of the Company, Mr Jacob Hanoch; and to consider other matters. Announcement • Aug 24
Weebit Nano Limited Appoints Naomi Simson to the Board as an Independent Non-Executive Director, Effective 1 September 2023 Weebit Nano Ltd. appointed Ms. Naomi Simson to the board as an independent non-executive director, effective 1 September 2023. Ms. Simson had a corporate career in marketing with Apple, IBM, Ansett and KPMG before founding RedBalloon, an online marketplace for experiences, in 2001. RedBalloon now sits within Big Red Group, which she co-founded in 2017. In addition to offering wholesale services, platforms and technology to experience operators, Big Red Group also houses consumer brands; Adrenaline, Experience Oz, Local Agent and EverythingNZ. Naomi sits on a number of boards including Australian Payments Plus, Colonial First State, Big Red Group, University of Melbourne Economics and Business Faculty and Cerebral Palsy Research Foundation. Known as an entrepreneur and business leader, Ms Simson is also a best-selling author, podcaster and speaker. She has consistently been recognised for her corporate marketing expertise and leadership with awards including the National Telstra Business Women's Award for Innovation in 2008, a 2011 finalist in BRW's Entrepreneur of the Year, and being named Australia's Top Business Blogger in 2020. Announcement • Jun 29
Weebit Nano Ltd Appoints Mark Licciardo as an Independent Non-Executive Director Weebit Nano Ltd. announced that Mr. Mark Licciardo will join the Weebit Nano Board as an independent Non-Executive Director, effective 29 June 2023. Mr. Licciardo currently acts as Company Secretary for the Company and will be appointed to the Board as interim Director following Mr. Fred Bart's resignation on 27 June 2023. Mr. Licciardo (B Bus(Acc), GradDip CSP, FGIA, FCIS, FAICD) is the founder and Managing Director of Mertons Corporate Services, and is now Partner and Managing Director of Listed Company Services at Acclime Corporate Services Australia Pty Ltd. which provides company secretarial and corporate governance consulting services to ASX-listed and unlisted public and private companies. Mark has extensive experience working with Boards of ASX-listed companies in the areas of corporate governance, accounting & finance and company secretarial practice. Mark is a Non-executive Director of various public and private companies, a former Chairman of the Governance Institute of Australia Victorian division, LCI Melbourne and Melbourne Fringe Festival and a former Company Secretary of ASX-listed companies Transurban Group and Australian Foundation Investment Company Limited. Weebit Nano has commenced the process of seeking a longer-term candidate to replace Mr. Bart, and will provide an update to the market when this process is complete. Announcement • Jun 27
Weebit Nano Limited Announces Resignation of Fred Bart, Non-Executive Director Weebit Nano Ltd. announced that Non-Executive Director Fred Bart has informed the Board of his intention to resign from his position, effective immediately. Price Target Changed • Jan 26
Price target decreased by 9.6% to AU$3.90 Down from AU$4.31, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AU$4.74. Stock is up 59% over the past year. The company posted a net loss per share of AU$0.18 last year. Announcement • Jan 03
Weebit Nano Limited Announces Weebit Nano Tapes-Out First 22Nm Demo Chip Weebit Nano Limited has taped-out demonstration chips integrating its embedded Resistive Random-Access Memory (ReRAM) module in an advanced 22nm FD-SOI (fully depleted silicon on insulator) process technology. This is the first tape-out of Weebit ReRAM in 22nm, one of the industry's most common process nodes, and a geometry where embedded flash is not viable. Weebit worked with its development partners CEA-Leti and CEA-List to successfully scale its ReRAM technology down to 22nm. The teams designed a full IP memory module that integrates a multi-megabit ReRAM block targeting the 22nm FD-SOI process which is designed to deliver outstanding performance for connected and ultra-low power applications such as IoT and edge AI. As embedded flash is unable to scale below 28nm, new non-volatile memory (NVM) technology is needed for smaller process geometries. Weebit ReRAM in 22nm FD-SOI offers a low-power, cost-effective embedded NVM solution that can withstand harsh environmental conditions. Weebit's embedded ReRAM module includes an 8Mb ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC). It is designed with unique patent-pending analog and digital circuitry running smart algorithms that significantly enhance the memory array's technical parameters. Among other benefits, Weebit's ReRAM technology excels in harsh environmental conditions including high temperatures, radiation and electro-magnetic fields, making it ideal for applications such as IoT, medical, automotive and industrial. The demo chips comprise a full sub-system for embedded applications, including the Weebit ReRAM module, a RISC-V microcontroller (MCU), system interfaces, memories and peripherals. Recent Insider Transactions Derivative • Dec 29
Executive Director exercised options to buy AU$646k worth of stock. On the 22nd of December, Yoav Nissan-Cohen exercised options to buy 200k shares at a strike price of around AU$0.32, costing a total of AU$65k. Company insiders have collectively sold AU$677k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Dec 26
Non-Executive Director recently sold AU$742k worth of stock On the 21st of December, Ashley Krongold sold around 200k shares on-market at roughly AU$3.71 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$1.4m more than they bought in the last 12 months. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Syed Raza was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 27
Weebit Nano Limited Successfully Qualifies Its Reram Module Weebit Nano Limited announced it has successfully completed full technology qualification of its Resistive Random-Access Memory (ReRAM) module manufactured by its R&D partner CEA-Leti. This is the first full qualification of Weebit ReRAM technology, a key step that must be completed for every semiconductor product on each new target process. The qualification, using Weebit's demo chips incorporating its ReRAM module, was performed based on well-known JEDEC industry standards for non-volatile memories (NVMs). It confirmed the suitability of Weebit's embedded technology for volume production. The JEDEC standards impose rigorous testing of many silicon dies blindly selected from three independent wafer lots, as well as collecting a significant data set for detailed analysis. Obtaining in-depth statistics with a standards-based approach is key to showing the maturity of Weebit's ReRAM. All the dies successfully passed the entire set of qualification tests, demonstrating the quality, repeatability and reliability of Weebit's ReRAM, and confirming its suitability for volume production as embedded IP. The results of the qualification show high endurance, long data retention before and after endurance testing, as well as industrial-grade high-temperature stability: High endurance: 10K cycles (Flash equivalent) endurance; 10 years' data retention before and after endurance testing; Industrial-grade high-temperature stability - up to 85°C; 3x SMT cycles (by itself a powerful retention test). These represent key advantages of Weebit ReRAM compared to other embedded NVM technologies. Announcement • Oct 25
Weebit Nano Limited to Report Q1, 2023 Results on Oct 28, 2022 Weebit Nano Limited announced that they will report Q1, 2023 results on Oct 28, 2022 Announcement • Oct 13
Weebit Nano Limited Advances Its Reram Selector Development to Fit Embedded & Discrete Applications Weebit Nano Limited has made significant progress in its selector development with new results confirming its ReRAM selector is suitable for both embedded and discrete (stand-alone) applications, greatly increasing the number of possible applications for Weebit's technology. Weebit Nano, together with its development partner CEA-Leti, have demonstrated the potential of the Weebit ReRAM selector to achieve the high densities needed for discrete chips using standard materials and tools. In addition, this same selector technology will fit embedded applications, enabling unprecedented Non-Volatile Memory (NVM) densities for future system-on-chips (SoCs). The new Weebit ReRAM selector was manufactured in CEA-Leti's R&D fab, and the silicon wafers were thoroughly tested for both programming and leakage currents. The results from this internal testing showed that the ratio between programming current and leakage current was at industry standard, signifying high on-state and low leakage current. In a memory array, the role of a selector is to ensure that only the specific cells which should be accessed actually are, and all other cells are disconnected and not impacted. Embedded designs currently use a transistor as the selector device, but transistors increase the cell area of a memory bit and therefore cannot support the high densities required for discrete chips. In addition, future embedded applications such as edge AI and automotive will require far larger memory arrays and could benefit from an optimised selector that enables higher densities. Developing cost-efficient selectors using only standard materials and tools is a significant challenge, but has the potential to further minimise manufacturing cost and complexity. While additional development is still required, this new selector technology could be easily integrated into any CMOS fab, potentially enabling the high-capacity memory arrays needed while keeping size and power to a minimum. Announcement • Aug 26
Weebit Nano Limited, Annual General Meeting, Nov 15, 2022 Weebit Nano Limited, Annual General Meeting, Nov 15, 2022. Announcement • Jun 29
Weebit Nano Limited Tapes Out ReRam Demo Chip to SkyWater Foundry WeebitNano Limited announced it has taped-out (released to manufacturing) demonstration chips integrating its embedded Resistive Random-Access Memory (ReRAM) module to SkyWater Technology’s foundry. This is the first tape-out of Weebit’s ReRAM technology to a production fab and is a major milestone toward commercialization. The technology will be available on SkyWater’s 130nm CMOS process, which is ideal for applications such as analog, power management, automotive, IoT and medical. SkyWater customers can now use the highly integrated demo chip as the final platform for testing and prototyping ahead of volume production. Weebit’s embedded ReRAM module includes a 256Kb ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC). It is designed with unique patent-pending analog and digital smart circuitry running smart algorithms, thereby significantly enhancing the memory array’s technical parameters. It also supports an extended temperature range, 10 years’ data retention at high temperatures, fast access time, extremely low standby power, and is radiation-hardened (rad-hard) by nature. The demo chip comprises a full sub-system for embedded applications, including the Weebit ReRAM module, a RISC-V microcontroller (MCU), system interfaces, memories and peripherals. Announcement • Jun 21
Weebit Nano Limited to Demonstrate Its ReRAM IP Module for the First Time Weebit Nano Limited announced publicly demonstrate its ReRAM IP module for the first time at a leading industry event, highlighting its technology’s real-world capability as a non-volatile memory (NVM) integrated into an actual subsystem. The Interactive demonstration at the Leti Innovation Days event will show Weebit ReRAM functioning as an NVM memory block, being fed live images and retaining this data while powered-off, then displaying the data separately. The demonstration will also show the speed of the ReRAM module, clearly highlighting its faster write speed compared to typical flash memory technology. The Direct Program/Erase capability and byte addressability of Weebit ReRAM contribute to its faster write throughput time compared to flash, which needs to access entire data sectors every time it erases/writes. The demo is based on Weebit’s embedded ReRAM module that includes the ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC) as well as patent-pending analog and digital smart circuitry running smart algorithms which significantly enhance the memory array’s technical parameters. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Syed Raza was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Weebit Nano Demo Chips Integrating Its Embedded ReRAM Module Successfully Complete Functional Testing Phase Weebit Nano Limited confirmed demonstration (demo) chips integrating its embedded Resistive Random-Access Memory (ReRAM) module have successfully completed their functional testing phase, a key step towards delivering a commercial product. These are the first available System-on-Chips (SoCs) embedding the Weebit ReRAM array inside its memory module. Potential customers can now use the demo chips to test Weebit’s ReRAM technology ahead of commercial orders and volume production. After receiving the silicon wafers containing the demo chips from manufacturing in December, Weebit, together with its development partner CEA-Leti, sliced the wafers into chips, packaged them, and has now completed functional testing of the chips. Testing included programming (set and reset) and reading of the entire ReRAM array using smart algorithms, error correcting code (ECC) and various data manipulations. It also included testing the operation of the complete sub-system comprising all communication interfaces and system peripherals, as well as software running on the RISC-V microcontroller (MCU). The entire chip is performing as expected. These highly integrated chips will now be used for characterisation and qualification – the next steps on Weebit’s commercialisation path. Chips based on a similar design are currently being prepared for fabrication in SkyWater Technology’s US production fab. Once the module is qualified at SkyWater, volume production can commence. The transfer of Weebit’s embedded ReRAM technology to SkyWater’s production fab is progressing on schedule. Announcement • Feb 02
Weebit Nano Limited Appoints Gabriel Molas as Chief Scientist Weebit Nano Limited announced it has appointed ReRAM and non-volatile memory (NVM) expert Gabriel Molas as Chief Scientist. At Weebit, Mr. Molas is leading the Company’s applied research efforts with a focus on continuous ReRAM optimisations to cement ongoing technology leadership on all performance metrics. He will also focus on requirements targeting specific market segments as the Company enhances its IP productisation efforts. Announcement • Jan 25
Weebit Nano Demonstrates Its First Crossbar ReRAM Arrays Weebit Nano Limited announced that together with its development partner CEA-Leti, it has demonstrated its first operational crossbar arrays, a key milestone on the Company’s path to creating discrete (stand-alone) non-volatile memory (NVM) chips. The 1T1R (one transistor one resistor) architecture used in embedded ReRAM arrays is not sufficient to support the large arrays of memory cells needed in discrete memory chips. For this reason, Weebit’s crossbar arrays were developed using a 1S1R (one selector one resistor) architecture that enables the high density needed for discrete chips. Such an architecture also allows Weebit’s arrays to be stacked in 3D layers so they can deliver even higher densities. Weebit’s 1S1R crossbar ReRAM architecture has potential applications in storage class memory, persistent memory and as a NOR flash replacement. It is also ideal for AI architectures such as in-memory computing and neuromorphic computing. Recent Insider Transactions Derivative • Jan 04
Non-Executive Chairman exercised options and sold AU$323k worth of stock On the 29th of December, David Perlmutter exercised 357.14k options at around AU$0.45, then sold 150k of the shares acquired at an average of AU$2.60 per share and kept the remainder. Since June 2021, David has owned 1.81m shares directly. Company insiders have collectively sold AU$656k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Jan 04
Non-Executive Director recently sold AU$708k worth of stock On the 29th of December, Saiyed Raza sold around 272k shares on-market at roughly AU$2.60 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$170k more than they bought in the last 12 months. Announcement • Jul 15
Weebit Nano Limited Completes Design and Tape-Out of Embedded ReRAM Module Weebit Nano Limited announced that it has completed the design and verification stages of its embedded ReRAM module, and taped-out (released to manufacturing) a test-chip that integrates this module. This highly integrated test-chip will be used as the final platform for testing and qualification, ahead of customer production. A memory module is a critical component when embedding a memory array in a System-on-Chip (SoC). It acts as the interface between the memory array and the rest of the system and includes the logic that controls the way the array is accessed. The test chip comprises a full sub-system in which the module is embedded. It also includes a RISC-V microcontroller (MCU), system interfaces, Static Random-Access Memory (SRAM) and peripherals. Potential customers can use it as a development and prototyping platform for new products such as low-energy Internet of Things (IoT) devices. Weebit’s new memory module is easily customisable and provides a foundation for the Company’s future ReRAM compiler, which will enable customers to automatically reconfigure the design according to their specific requirements without going through exhaustive manual design and fab qualification processes. The module will also be the basis for other ReRAM modules that Weebit will develop, tape-out and qualify at production fabs based on customer requests starting later this year. The ReRAM module was designed in the ST 130nm process after interaction with potential customers showed it is the sweet spot for their analog, power, sensor and IoT designs. It includes a 128Kb ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC). Weebit expects to have its first silicon of the embedded ReRAM module towards the end of this year. The Company plans to demonstrate the module and report functional testing results in the first quarter of 2022. Qualification of the module is expected by mid-2022. Announcement • Jun 25
Weebit Nano Limited Creates Selector with ReRam for Discrete Market Weebit Nano Limited created the oxide-based ReRAM (OxRAM) cell with an ovonic threshold switching (OTS) selector, a critical step in the company's commercialisation path for the discrete (stand-alone) memory market. A selector is a key element of a memory chip, enabling optimised cell access within a memory array. It assists in isolating memory cells so only the specific cells that should be accessed are, and all the other cells are not impacted. In the embedded space, a transistor is typically used as the selector device, but a transistor does not support the densities required for discrete chips. OTS is an ideal selector technology for discrete ReRAM chips as it enables the smallest ReRAM bit cell, as small as 4F2, as well as excellent endurance, low energy consumption, and high switching speed. Executive Departure • Jun 04
Joint Company Secretary Priyamvada Rasal has left the company On the 28th of May, Priyamvada Rasal's tenure as Joint Company Secretary ended after 1.3 years in the role. We don't have any record of a personal shareholding under Priyamvada's name. Priyamvada is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.21 years. Announcement • Mar 06
Weebit Nano Limited Files New Patents on ReRAM Improvements Weebit Nano Limited announced that it has filed two new patents to further protect the intellectual property of its silicon oxide (SiOx) ReRAM technology. These new patents describe significant improvements to the programming of ReRAM, further extending some of the already-known advantages of Weebit's ReRAM technology. The programming of non-volatile memories (NVM) had continuously been a challenge, resulting in prolonged access times, high power consumption and reduced endurance. Weebit's ReRAM technology tackled these drawbacks by supporting a simple programming method, requiring sophisticated analog circuits. With the recently filed patents, applicable to a wide variety of ReRAM technologies, Weebit paves the way to even more efficient programming methods, which enhance these advantages by up to a factor of two while increasing memory endurance. The first patent describes unique chip circuitries that operate in tandem to optimise the access time and power associated with programming the memory module, while enhancing bit performance. The second patent, also deeply embedded in the chip circuitry, expands the concurrency of ReRAM programming beyond what emerging NVMs support 5 March 2021, resulting in doubling memory access speed. Recent Insider Transactions • Feb 17
Non-Executive Director recently bought AU$538k worth of stock On the 12th of February, Ashley Krongold bought around 200k shares on-market at roughly AU$2.69 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Jan 12
Weebit Nano Limited Announces Executive Changes Weebit Nano Limited announced the appointment of non-volatile memory (NVM) veteran Mr. Ishai Naveh as Chief Technology Officer (CTO). As CTO of Weebit Nano, Mr. Naveh will drive the strategic direction of the Company's technology development, adapting it to target markets, differentiating it from competition, and supporting Weebit's engagement with manufacturing facilities (fabs) and technology transfers towards commercialisation. His deep technology understanding in the NVM domain in general, and ReRAM technologies specifically, will assist in progressing Weebit Nano's technology development and market adoption. Mr. Naveh has more than 35 years' experience in the semiconductor field, ranging from process development and integration, silicon manufacturing, setting technology requirements and directing technical teams to address customers' needs. Amir Regev, who originally established Weebit Nano's technology development and managed the SiOx ReRAM development with Leti over the past five years, has been appointed VP Technology Development, focusing on the continued enhancement of Weebit Nano's ReR M technology and development of the standalone solution, combining the Company's ReR M with Leti's proprietary selector. Is New 90 Day High Low • Jan 11
New 90-day high: AU$3.03 The company is up 274% from its price of AU$0.81 on 13 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: AU$2.32 The company is up 159% from its price of AU$0.90 on 24 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 22% over the same period. Announcement • Nov 16
Weebit Nano Limited Appoints Ilan Sever as Vice President Research & Development Weebit Nano Limited has appointed non-volatile memory design expert Mr. Ilan Sever as Vice President Research & Development to drive the Company's progress within the embedded, standalone and neuromorphic markets. Mr. Sever brings more than 25 years' in Very Large-Scale Integration (VLSI) design to Weebit Nano with extensive experience across the entire semiconductor spectrum, from complex mixed-signal System-on-a-Chip (SOC's) design through to IoT and security chips as well as physical device and process improvements. Is New 90 Day High Low • Nov 16
New 90-day high: AU$2.16 The company is up 620% from its price of AU$0.30 on 18 August 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day high: AU$1.00 The company is up 213% from its price of AU$0.32 on 21 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 17% over the same period. Is New 90 Day High Low • Sep 23
New 90-day high: AU$0.95 The company is up 258% from its price of AU$0.27 on 25 June 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 18% over the same period. Announcement • Jul 21
Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 2.527562 million. Weebit Nano Limited has completed a Follow-on Equity Offering in the amount of AUD 2.527562 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,027,006
Price\Range: AUD 0.28
Discount Per Security: AUD 0