Weebit Nano Ltd
(ASX: WBT)

Wееbit Nano's ReRAM could catеr to several markеts such as IoT, smartphonеs, robotics, 5G systеms, and AI. All of these markets (any electronic device whatsoever as a matter of fact) need Non-Volatile Memory to operate and this is typically some form of embedded memory. Have you ever noticed that electronic devices have become smaller while still being able to do more? Well, in part this is because computer chips, including memory chips and modules, are getting smaller and smaller, while their capabilities are increasing. 

But the NVM market is at a critical juncture because stand-alone Flash memory (that is today's gold standard) cannot scale down below 40nm (nanometer), while embedded Flash can’t scale below 28nm, let alone while meeting increased growing performance needs. While not physically impossible, it would be commercially unviable to design this technology in a way that would cause it to be immune from problems, such as leakages of current between adjacent memory cells.  

Weebit's ReRAM technology is able to step in and fill the void. Although it is not the only alternative non-volatile memory technology, it is the most promising and WBT’s ReRAM specifically has several advantages.  

In particular, it can perform 10-100x better than Flash because it can handle 100k-1m read/write cycles, can store and retain data for 10 years at 175C or 20 years at 125C, has a 100x faster access time, and can withstand up to 350x more radiation than Flash.  

All the while, it adds far less to the cost of a semiconductor wafer than flash or other technologies and has lower power consumption levels and lower voltage requirements, thus enabling a longer battery life. And most critically, it can scale down further than Flash Memory, i.e. Weebit’s ReRAM has been taped-out at 22nm already and can likely be scaled down further below 20nm.