Weebit Nano Ltd. (AU:WBT) has released an update.
Weebit Nano Ltd has achieved a significant milestone by releasing its first demo chip for manufacturing at DB HiTek, positioning its ReRAM technology closer to mass market availability. The company is actively engaging with DB HiTek’s customers and is in advanced negotiations with potential partners, aiming to secure licensing agreements. Demonstrations of Weebit’s ReRAM on GlobalFoundries’ 22FDX wafers have generated substantial interest, underscoring the technology’s potential in power management, microcontrollers, and automotive applications.
For further insights into AU:WBT stock, check out TipRanks’ Stock Analysis page.