Weebit Nano

Weebit Nano is a developer of advanced semiconductor memory technology, focusing on Resistive Random-Access Memory (ReRAM). The company's ReRAM technology aims to address the growing need for higher performance and lower power memory solutions in various electronic products, including internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications, and artificial intelligence. Weebit's ReRAM offers significant advantages over existing Flash memory, being faster, less expensive, more reliable, and more energy-efficient. The technology is based on fab-friendly materials, allowing for quick and easy integration with existing processes without requiring special equipment or large investments.

As of March 2024, Weebit Nano has demonstrated its ReRAM technology on GlobalFoundries' 22FDX platform, showcasing an 8Mb ReRAM demo chip in the 22nm fully depleted silicon on insulator (FD-SOI) process. This achievement marks the largest memory capacity of any Weebit module to date and implementation in the most advanced process so far. The company is working toward rolling out a commercial solution in 22nm, which is considered the industry's most common process node. Weebit's ReRAM can scale to smaller geometries, unlike Flash memory which cannot scale below 40 nanometers.

Weebit Nano operates as an intellectual property (IP) company, providing technology licenses to semiconductor companies and manufacturing plants. The company's business model includes licensing income, Non-Recurring Engineering (NRE) support, and royalties from end product sales. As of April 2023, Weebit had approximately USUSD 83 million in cash, which was expected to fund operations for over two years.