Weebit Nano Successfully Qualifies it's ReRam Module

Another tick on the road to commercialisation for WBT.

Weebit demonstrates successful scaling of its ReRam technology to 28nm

Another piece of the WBT puzzel is in place. This annoucement might not sound like a big deal but this will allow for significant increase in use cases for their technology (ReRAM technology on smaller geometries).

WBT (& BRN) is thrown out by many investors for it's lack of revenue & being a "story stock". The WBT technology is top of class & are well on their way to commercialisation. Definitely still a high risk play but over the past 12 months the business has been significantly derisked. Looking forward to watching this playout over the years to come.

WBT has signed it's first commercial deal to take its ReRam technology to volume production with SkyWater a US based & owned foundry.

Aiming for volume production by end 2022.

The company hasn't put any numbers in terms of "volume" or "revenue", due to the developing license fees & royalties which will be based on the production volume.