Weebit is a leading developer of next-generation semiconductor memory technology, incorporated in Israel in 2015 and publicly traded on the Australian Stock Exchange (ASX: WBT).
The company’s ground-breaking Resistive Random Access Memory (ReRAM) addresses the growing need for higher-performance, more reliable, lower-power, and more cost-effective non-volatile memory (NVM) solutions in a range of emerging electronic products.
The opportunity is significant: the NVM market today is estimated at approximately $60 billion (USD), growing to around $100 billion in 2026*.
Applications such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence (AI) have ever-increasing storage requirements, and Flash memory – the incumbent NVM – cannot continue to scale. Weebit’s ReRAM is not only highly scalable to advanced process nodes such as 22nm and 14nm and beyond; it offers numerous technical and commercial advantages over alternative technologies.
Because it is based on fab-friendly materials, only requires two added masks,
and doesn’t require specialized tools, equipment, or processes, it overcomes the integration challenges and investment concerns inherent in other types of emerging NVM. Weebit’s technology can be quickly and easily integrated with existing standard manufacturing flows and processes and is therefore more than 4X lower cost compared to alternative NVM technologies.
In addition, Weebit’s ReRAM allows semiconductor memory designs to be significantly faster, less expensive, more reliable and more energy-efficient than those using existing Flash memory solutions. The technology is orders of magnitude faster and lower power compared to Flash (both NAND and NOR) and has an endurance of up to 1,000,000 cycles.
Unique features such as high temperature reliability – the ability to retain data for up to ten years at 175 degrees Celsius – make Weebit’s ReRAM a great fit for automotive, power, and industrial applications. Weebit’s ReRAM also shows enormous potential as an enabler for neuromorphic computing, with the ability to emulate neural networks in a way that consumes orders of magnitude less power than today’s neural network simulations.
In developing its ground-breaking ReRAM technology, Weebit has partnered with CEA-Leti, the French research institute recognized as a global leader in the field of micro-electronics. Starting in 2016, Leti has played a key role in advancing development of Weebit’s industry-leading ReRAM.
Weebit licenses its technologies to semiconductor companies and foundries, using a typical IP licensing model supporting license fees, royalties and non-recurring engineering fees (NRE). The technology is ideal for both embedded SoC designs, where ease of fabrication and integration of various size arrays is required, and for discrete memory chips, where memory density and cost per bit is top priority.
Weebit has world-class leadership, with an executive team and Board of Directors comprised of highly respected semiconductor industry veterans.
Weebit’s technology represents the future of semiconductor NVM.
*2021 Markets&Markets; Company data.