Weebit Nano in 2025: More licensing deals and a major qualification achieved

Investing in Weebit Nano in 2025 is an interesting proposition. Despite the Tech Wreck, it has been business as usual for the company, and this year is destined to be the company’s biggest yet. 2025 is less than 3 months old, but early signs are that good things are destined.

Recap of Weebit Nano

Weebit is commercialising its own version of Resistive Random Access Memory (ReRAM). ReRAM is a memory technology that enables devices to store data. These days, it is Flash Memory that does this, but it is losing its effectiveness to do so (at least in a cost-effective way) as devices get smaller and smaller, while being expected to do more and more. Specifically, Flash cannot scale below 40nm but current ReRAM nodes under development are 28nm and 22nm, but will likely go “beyond” 20nm in the future.

Weebit’s ReRAM has:

• High endurance
• High data retention capacity
• Low power consumption
• Faster program time
• Higher environmental tolerance
• Lower incremental costs
• Higher security, and
• A lower carbon footprint.

Weebit plans to license out its technology to semiconductor companies, generating revenue from license fees, non-recurring engineering costs and a per-unit royalty fee.

Weebit has 3 commercial partners: Skywater, DB HiTek and Onsemi. The first two are semiconductor fabs and the latter is an Integrated Device Manufacturer (IDM), all of whom will integrate ReRAM into their own platforms and available to their own customers.

With Skywater, it has completed the qualification process. For DB HiTek, the company is testing demonstration chips with qualification underway and expected to be finalised by mid-2025. With onsemi, Weebit Nano is currently working throught the usual technology transfer, design and qualification work. 

AEC-Q100 achieved

It has been a good start to the year for the company. The deal with Onsemi was revealed to shareholders just before the opening bell on the first trading day of the year. And earlier this month, the company achieved something none of its competitors have – AEC-Q100 150C Qualification.

AEC-Q100 is the standard automotive stress test for integrated circuits (ICs). AEC was designed by Chrysler, Ford and GM to establish common part-qualification and quality-system standards, and since then many key players in the automotive industry have adopted it too.  

On 11 March 2025, Weebit Nano announced that its ReRAM module (specifically the module in SkyWater Technology’s 130nm CMOS process) had achieved this certification. This achievement confirms the quality and reliability of Weebit Nano’s embedded ReRAM non-volatile memory (NVM) technology for high-temperature automotive applications. 

Weebit Nano’s ReRAM was qualified according to the AEC-Q100 standard for NVM, including Program/Erase Endurance, Data Retention and High-Temperature operating Life (HTOL) qualification tests. The qualification was achieved using a one-transistor one-resistor (1T1R) cell architecture, demonstrating stability at 150C operation for up to 100K endurance cycles, including cycling and post-cycling high-temperature data retention. 

Although this qualification is most relevant to the automotive sector, it makes WBT’s ReRAM by default also suitable for applications with less stringent requirements including industrial, robotics and medical applications.

Collaborating with EMASS

Weebit has also unveiled a collaboration with EMASS – the same one that was acquired by Nanoveu (ASX:NVU). EMASS has IP including five core SoC (system on a chip) technologies covering algorithmic transformation, hardware support, system architecture and AI-specific hardware accelerators. These SoCs are 20x more energy efficient compared to competitor Edge AI chips and can handle 13m AI parameters and process them at 30 Giga Operations per second. It does this at less than 2 milliwatts of power consumption. EMASS is using ReRAM because ReRAM is better able to support next-generation systems. And by developing an integrated solution, the companies will be able to push the limits of EMASS’ Edge AI chip in terms of performance and efficiency.

Weebit Nano in 2025: Set for good things

WBT is aiming to close at least 2 more deals with foundries/IDMs and 3 deals with product companies in 2025. It also aims to finalise the qualification with DB HiTek by mid-2025. To this end, the company has appointed new executives (one being Lilach Zinger as VP Customer Success) and has tied 100% of the CEO’s equity remuneration to these goals. If the company achieves them, it will be the biggest year in the company’s history yet.

Weebit and its investors are set for a spectacular year!

Weebit Nano is a research client of Pitt Street Research, and Pitt Street directors own shares.

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