Only 1291/173,640,855 shares of Weebit shorted. Why am I not surprised?

You’d have to be either brave, or stupid, to short Weebit at the moment. Well that’s my opinion!

(

"Weebit looks forward to first revenue in 2023​

News | January 31, 2023

By Peter Clarke

Coby Hanoch, CEO of resistive RAM pioneer Weebit Nano Ltd. (Hod Hasharon, Israel), has said he expects the company to make its initial sales in 2023.​

In a quarterly round up of progress at the listed startup for 2QFY23 Hanoch said: “Weebit Nano achieved key milestones in its commercialisation roadmap during the period, receiving the first silicon wafers with its embedded ReRAM from a commercial fab, commencing qualification at SkyWater, taping-out its first 22nm demo chip, ramping up discussions and evaluations with Tier-1 foundries and potential customers, and progressing longer-term development activities for the discrete memory market. Our progress in the first half of the financial year means we are well-placed to productise our embedded ReRAM technology and secure first revenues in 2023.”

He added that technology qualification is now underway with Skywater Technology on its 130nm manufacturing process and should be completed in the 1H23 enabling mass production in 2H23.

Hanoch added that TSMC’s offer of ReRAM as an alternative non-volatile memory has changed perceptions about the technology (see Infineon’s microcontrollers to go RRAM with TSMC).

“Demand for ReRAM is growing rapidly with many Tier-1 foundries now looking to add ReRAM as an alternative NVM to cater to customer requests. The use of ReRAM from the world’s leading foundry in major consumer products has been instrumental in changing industry perception of ReRAM as a future technology to one that is available right now,” Hanoch said.

Hanoch said Weebit is now engaged with multiple world-leading wafer fabs.

Meanwhile Weebit and Leti have started a qualification process for higher temperatures and for higher cycling endurance.

In addition, Hanoch said, Weebit and Leti continue to make progress on a ReRAM selector device to enable high-capacity arrays. While the initial focus of Weebit’s ReRAM selector was for discrete chips, the recent progress makes it also suitable for future embedded applications, such as edge AI and automotive, Hanoch said.

https://www.eenewseurope.com/en/weebit-looks-forward-to-first-revenue-in-2023/

The following is a well written article explaining how WeebitNano ReRAM is a far superior technology to FLASH. It’s only a 2 minute read and does not get technical.

Non-volatile memory considerations for data logging

In addition to explaining the critical aspects of ReRAM NVM well, ( as compared to FLASH—ReRAM is faster, cheaper, more resilient to heat and radiation, uses less power, operates at much lower voltage, less susceptible to cyber attack, lasts longer, can be embedded in sub 40 nm architecture etc.) the article touches on a point that I feel is the crux to why FLASH simply can’t compete in longevity with ReRAM and simply must be replaced by it in ALL applications that read and write data frequently. Aside from the fact that ReRAM has at least orders of magnitude improvements in read/write cycles (the number of times you can read and write data to it) FLASH suffers the problem of requiring a “page erase cycle” before programming a new page. That means, even when writing a single bit, an entire page of bytes is taken through one of their precious write cycles.

And this is why Weebit’s selector is so important.

Here’s some supporting technical data I found on the internet regarding the page erase cycle required by FLASH.

1 instruction = 3 bytes = 2 addresses

erase page = 1024 instructions = 3072 bytes = 2048 addresses

write page = 64 instructions = 192 bytes = 128 addresses

Even to the layperson, that appears to be a hell of a lot of wasted effort (and energy), just to write a piece of data.r

The above is from a reasonably old answer (2016) on the Microchip forum but I figure FLASH is an old technology and hasn’t been improved much.

This 2021 article from Silicon labs suggests flash pages can be anywhere from 512 bytes to 4096 bytes, in their particular module. So clearly, things haven’t changed much.

Reading and writing FLASH is actually far more complicated, as discussed briefly in Wikki. The world is full,of workarounds, both in code and in hardware, and simply MUST be looking for a viable replacement—bring on ReRAM

Coby Hanoch posted on LinkedIn about ASX Investor’s take on Weebit. It’s well worth a watch.

https://www.youtube.com/watch?v=hFQndlzHVkY

What an unfortunate day to call a trading halt after Weebit traded at $4USD ($5.62AUD equivalent) on the OTC market overnight.

Let’s hope this oversight of not creating the appropriate cleansing notice gets dealt with quickly and in Weebit’s favour. I was enjoying the ride!

Weebit did release two associated “Application for quotation of securities” notices on the 21st and 22nd of a December, so it doesn‘t seem like they were trying to hide anything.

Article on Weebit taping out it’s 22nm FD-SOI chip published in the Wall Street Journal.

It’s mostly the same article as before, but now with all the exposure the Wall Street Journal offers.

The word is getting out, and soon, the world will have to take notice.

Here’s a small extract:

”Weebit Nano tapes-out first 22nm demo chip

Jan. 2, 2023 5:29 pm ET

Weebit Nano tapes-out first 22nm demo chip 

Weebit ReRAM in 22nm FD-SOI process provides cost-effective, reliable embedded NVM for IoT, edge AI and other ultra-low power applications 

HOD HASHARON, Israel, Jan. 02, 2023 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT), a leading developer of next-generation memory technologies for the global semiconductor industry, has taped-out (released to manufacturing) demonstration chips integrating its embedded Resistive Random-Access Memory (ReRAM) module in an advanced 22nm FD-SOI (fully depleted silicon on insulator) process technology. This is the first tape-out of Weebit ReRAM in 22nm, one of the industry's most common process nodes, and a geometry where embedded flash is not viable. 

Weebit worked with its development partners CEA-Leti and CEA-List to successfully scale its ReRAM technology down to 22nm. The teams designed a full IP memory module that integrates a multi-megabit ReRAM block targeting the 22nm FD-SOI process which is designed to deliver outstanding performance for connected and ultra-low power applications such as IoT and edge AI. 

As embedded flash is unable to scale below 28nm, new non-volatile memory (NVM) technology is needed for smaller process geometries. Weebit ReRAM in 22nm FD-SOI offers a low-power, cost-effective embedded NVM solution which can withstand harsh environmental conditions.”

Yet another blow by Weebit ReRAM proving superiority over flash.

Weebit Nano tapes-out first 22nm demo chip

Weebit ReRAM in 22nm FD-SOI process provides cost-effective, reliable embedded NVM for IoT, edge AI and other ultra-low power applications

Weebit Nano Limited (ASX:WBT, Weebit or the Company), a leading developer of next-generation memory technologies for the global semiconductor industry, has taped-out (released to manufacturing) demonstration chips integrating its embedded Resistive Random-Access Memory (ReRAM) module in an advanced 22nm FD-SOI (fully depleted silicon on insulator) process technology.

This is the first tape-out of Weebit ReRAM in 22nm, one of the industry’s most common process nodes, and a geometry where embedded flash is not viable.

Weebit worked with its development partners CEA-Leti and CEA-List to successfully scale its ReRAM technology down to 22nm. The teams designed a full IP memory module that integrates a multi-megabit ReRAM block targeting the 22nm FD-SOI process which is designed to deliver outstanding performance for connected and ultra-low power applications such as IoT and edge AI.

As embedded flash is unable to scale below 28nm, new non-volatile memory (NVM) technology is needed for smaller process geometries. Weebit ReRAM in 22nm FD-SOI offers a low-power, cost-effective embedded NVM solution that can withstand harsh environmental conditions.

Coby Hanoch, CEO of Weebit Nano, said: “We’re delighted to have taped-out on schedule our first demo chip in 22nm. We are continuing to accelerate Weebit’s path towards more advanced geometries to meet a clear market need in applications such as microcontrollers, IoT, 5G, edge AI and automotive. Embedded NVM is a key element of such designs, but since embedded flash is difficult to scale below 28nm, many companies are looking to emerging technologies like ReRAM. There is increased interest from companies looking to use our ReRAM to create exciting new products in these areas.”

Olivier Faynot, Head of Silicon Component Division, CEA-Leti, said: “FD-SOI technology provides high performance with low voltages and low leakage to enable devices to operate at higher frequencies with better energy efficiency. It also enables easier integration of additional features such as connectivity and security. With Weebit ReRAM available on this process, the industry will have a highly efficient and robust NVM option for their future product innovations.”

Weebit’s embedded ReRAM module includes an 8Mb ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC). It is designed with unique patent-pending analog and digital circuitry running smart algorithms that significantly enhance the memory array’s technical parameters. Among other benefits, Weebit’s ReRAM technology excels in harsh environmental conditions including high temperatures, radiation and electro-magnetic fields, making it ideal for applications such as IoT, medical, automotive and industrial.

The demo chips comprise a full sub-system for embedded applications, including the Weebit ReRAM module, a RISC-V microcontroller (MCU), system interfaces, memories and peripherals.

Positive New Years message from Coby Hanoch. I love the bit about signing up at least one tier-1 fab expected to sign up and customers asking foundries for ReRAM.

Bring on 2023!

”2022 is almost over - what an amazing year this was for Weebit Nano Ltd! A year ago when I presented ReRAM to potential partners and customers the reaction was normally “great technology… but it is a future technology...”. Today nobody says that! 

During the past year we qualified our wafers and demonstrated the technology is strong and ready for mass production. We transferred our technology to our partners at SkyWater Technology Foundry, received the wafers manufactured there, and are now qualifying them. Customers are now calling on the big foundries and asking for ReRAM, and several of the top foundries are already evaluating our technology. And we will very soon be taping out the 22nm FD-SOI demo chip.

These are very exciting times for Weebit, and 2023 is shaping up to be even more exciting than 2022! We expect to sign up at least 1 tier-1 fab, sign up customers, and continue improving the technology, qualifying at more extreme levels and on more platforms.”

The following is a good read, it discusses FRAM, ReRAM and MRAM, talking of the advantages of each and where they can be used. It paints WeebitNano ReRAM in a positive light.

https://www.eetimes.com/low-power-apps-foundries-eye-emerging-memories

Some excerpts follow:

Earlier this year, Weebit Nano demoed how it has integrated its initial ReRAM module into a complete subsystem including a RISC-V MCU, system interfaces, static random-access memory, and peripherals. (Source: Weebit Nano)

Weebit’s embedded ReRAM module has been delivered to the company from SkyWater’s U.S. production fab, demonstrating that its ReRAM can be manufactured with standard tools and a mature process flow. (Source: Weebit Nano)

Like Infineon’s FRAM, Weebit’s ReRAM is industrial-grade, making it useful for harsh environments, including automotive and aerospace, especially where flash can’t handle radiation, said Briman. “We’re very robust with radiation; we are very robust with high temperature.”

Other applications for ReRAM noted by the Coughlin/Handy report include artificial intelligence. Along with PCM, it’s well suited for storing linear weighting configurations in an architecture commonly known as neural networks, a very simplified type of inference engine that can perform an enormous amount of math at low precision in a very short time.

Weebit’s VP of Marketing and Business Development Eran Briman will present how #ReRAM IP can differentiate your next design at IP-SOC 2022. It is fantastic to see them rubbing shoulders with the right people and getting their message out to the world.

This conference is in Grenoble France so the Weebit presentation will be at 8:25 pm Dec 1 AEDST.

IP-SoC 2022 will be the 25^th edition of the working conference fully dedicated to IP (Silicon Intellectual Property) and IP based electronic systems. Seems a perfect fit for Weebit!

The event is the annual opportunity for IP providers and IP consumers to share information about technology trends, innovative IP SoC products, Breaking IP/SoC News, Market evolution and more.

The Grenoble event is a special event as it is also the annual IP Think Tank meeting where high level executives, market analyzer and technical experts in all the design track from Foundry, technology, design methodology, EDA tools share their vision about the future of the IP concept. It will be the right time to analyze the fast evolution and consolidation in the IP market and IP business.

The recording of Coby Hanoch talking at TechOps 2022 (2-3 Nov) has now been published

https://www.youtube.com/watch?v=P3VceIUNppA

Here’s a report from Pitt Street Research that values Weebit at $4.75 per share-nice and close to my own $4.72 valuation. The report is quite thorough, at 19 pages long.

$4.75 will be cheap when qualification of the latest wafers, from SkyWater, completes and Weebit goes into full scale production (expected mid 2023).

And look, this report even talks about one of my other pet companies Brainchip. Maybe that seed I planted, and effort I spent getting Coby Hanoch and Tony Dawe, to talk about marrying their two technologies may one day come to fruition. ReRam and Akida living side by side on the same chip. Now that would be grand.

WBT research report_101122.pdf

What a HUGE achievement. Well done team WeebitNano. Commercialisation is just around the corner now.

Weebit Nano Limited (ASX:WBT) and SkyWater Technology (NASDAQ: SKYT) jointly announced today that the first silicon wafers integrating Weebit’s embedded Resistive Random-Access Memory (ReRAM) module have been delivered to Weebit from SkyWater’s U.S. production fab.

This is a major milestone toward commercialisation of Weebit ReRAM at SkyWater, and lays the groundwork for customers to confidently design innovative and highly differentiated SoCs.

Coby Hanoch, CEO of Weebit Nano, said: “This is the first time we’ve received ReRAM wafers from a production fab – a huge milestone towards commercialisation that has been achieved on-time through our close partnership with SkyWater. This increases the confidence of potential customers in our IP, pushing forward companies interested in engaging with us, and we’re seeing discussions with potential customers ramping up as we get closer to production…”

SkyWater Chief Revenue Officer, Mark Litecky, said: “… Weebit ReRAM is an exciting new NVM that customers across a broad array of markets can incorporate into their SoCs to achieve differentiation. We already see strong interest for the technology for applications including IoT, power management and mixed-signal ICs…”

Weebit Nano CEO Coby Hanoch will share company updates and industry insights in a fireside chat at TechOpps 2022, produced by Automic Group – join virtually or in-person in Melbourne – https://lnkd.in/dBRfXuyp 

Learn more about #ReRAM #semiconductors #NVM #RRAM#ProductionReady #TimeforReRAM

Coby is talking at the end of Day 1

What absolutely brilliant exposure for Weebit Nano.

SkyWater Technology Foundry now have a page about Weebit Nano Ltd and their ReRAM on their web site so all SkyWater customers can learn about Weebit Nano’s offering. The sales teams are working together to approach SkyWater customers and offer them Weebit's ReRAM.

IP Partner Weebit Nano

And the associated press release

Weebit and SkyWater Announce Agreement to Take ReRAM Technology to Volume Production

“Weebit Nano Limited (ASX: WBT), a leading developer of next-generation memory technologies for the global semiconductor industry, and SkyWater Technology(NASDAQ: SKYT), the trusted technology realization partner, announced an agreement to take Weebit’s innovative Resistive RAM (ReRAM) technology to volume production. In addition, SkyWater has licensed the technology for use with customer designs”

. . .

”Commercialization of ReRAM technology will provide enhancements to a range of new electronics in industries such as automotive which require high-temperature performance. Weebit’s ReRAM allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing embedded Flash memory solutions.”

The following is from the SkyWater IP Partner Page

A huge announcement from WeebitNano today.

Weebit Nano advances its ReRAM selector development to support embedded and discrete applications.

This is absolutely huge and opens the door for system on chip (SOC) development including ReRAM. Yet another achievement that cannot be achieved with FLASH.

And of potentially overlooked importance is that this selector works on individual bytes of data, as well as consuming basically no power. A huge advantage over discrete FLASH which does extremely wasteful block-wise writing.

This is particularly important when combined with knowledge that this can all be build on CMOS technology, using back-end-processing, and at 28nm and less.

Weebit’s ReRAM will soon be ubiquitous.

Here’s an interesting article talking of the future of ReRAM. Well worth the read IMHO.

Spoiler: it thinks it is a grand future.

The article states that PMIC will be the first cab off the rank. That marries nicely with my previous WeebitNano straw where I talk about using ReRAM in PMIC—very interesting.

The future of memory—the time for reram

“The limitations of flash are increasingly clear, especially the fact that it’s just not economically feasible to embed flash memories into SoCs beyond 28nm for most applications”

“The technology that offers the best balance is ReRAM, which is emerging as a leading candidate to replace flash memory for a broad range of applications.”

To me, it seems that WeebitNano is entering the market at EXACTLY the right time. 

“ReRAM technologies will start to enter the market in the next 12 months. This technology is an ideal NVM for a broad range of applications”

As soon as testing has completed, and commercial production started, there should be a plethora of industries eager to take Weebit’s ReRAM on board. WeebitNano ReRAM testing is scheduled to finish before the end of 2022. And the tape out for commercial runs has already been done! Just need the fabs to produce them.

The following article explores an interesting use case for WeebitNano ReRAM

The power of ReRAM to PMIC

If nothing else it will introduce you to an acronym that is increasing in importance (PMIC).

”According to a 2021 report from Yole, the PMIC market will grow to more than US$25.6 billion by 2026”

As well as explaining how to pronounce it—so you can impress people with your knowledge.

The article gives a brief, but educational, look into the history of PMICs and explains the advantages of using ReRAM. One huge advantage is the ability of ReRAM to run in high temperature environments as most PMIcs operate in 150 °C temperatures.

WeebitNano’s ReRAM, being a back-end-of-line (BEOL) integration technology, aids the production of the more complex PMICs that require a system-on-a-chip (SOC) implementation.

The following report contains a decent in-depth analysis of WeebitNano’s ReRAM technology, as well as a quick look at the history of memory and several other memory technologies. It alludes to the demise of standard FLASH and it’s seemingly inevitable replacement by ReRAM. It culminates with a buy recommendation and an indicative 50% share price appreciation for WeebitNano in the next 12-18 months.

https://www.weebit-nano.com/wp-content/uploads/2022/09/Weebit-SEP-22_Gilder-Report-Flash-Flood-Coming-Non-volatile-Memory-Technology-RRAM.pdf

Here’s another StocksDownUnder interview with Weebit Nano CEO Coby Hanoch, recorded 23 Aug.

https://stocksdownunder.com/video/interview-with-weebit-nano-asxwbt-ceo-coby-hanoch

Coby talks about:

• the different kinds of memory - volatile versus non-volatile
• advantages of Weebit Nano ReRAM over FLASH - faster, cheaper, easier to manufacture, more resilient, lasts longer
• Weebit Nano ReRAM is close to DRAM speed
• business model - discrete memory and embedded IP
• the progress of the qualification of its ReRAM technology - should be complete early 2023
• how you can test 10 years retention in a short period of time - test in an oven at raised temperature
• how things are going with SkyWater - positively
• conversations the company is currently having with other fabs now - derisked by positive results from LETI testing
• 22nm SDOI - progressing well. Expect results before the end of 2022.
• Coby and the team visiting Australia for open sessions in Sep. Anyone can register to meet face-to-face.
• the two choices that chip companies now have if they want ReRAM are TSMC or Weebit Nano, Coby likes the idea that the largest fab in the world, TSMC, has stated it has a ReRAM solution as it helps push the technology to the world and makes Weebit ReRAM as the key alternative for other players to get into the action.

In this 29 June Stocks down under interview with Coby Hanoch, there are some VERY revealing statements made regarding interest in ReRAM and commercialisation.

Spoiler Alert:

• Some fabs have lost major contracts due to not having ReRAM technology available - their customers have been asking for it.
• Mass production could be within the year,

https://stocksdownunder.com/video/weebit-nano-asxwbt-achieves-next-milestone/

The latest issue of ReRAM insights is out.

ReRAM Insights Q2 2022

This is a great one-stop shop for info on what has been happening with Weebit in the last quarter.

I look forward to what happens in the next quarter as the tape-out of demo chips to SkyWater is a prelude to “characterization and qualification – the next steps toward commercialization.”

Weebit ReRAM is real - ReRAM is alive. To be demonstrated today at the Leti Innovation Days event.

Commercialisation may just be around the corner.

Weebit ReRAM is alive.pdf

Weebit out with the results of some testing, and it's impressive.

Weebit ReRAM Results: High Temperature Stability at 28nm

From the article: "Our results show that Weebit ReRAM in 28nm achieves a low raw bit error rate (BER) without any need for error correcting code (ECC) or redundancy. Specifically, we show the ability of Weebit ReRAM to maintain a stable memory window after 15 hours’ bake at 210°C after 10,000 cycles. To the best of our knowledge, this is one of the best results ever reported for any company’s ReRAM."

Or if you want to read the referenced paper directly (it's only 4 pages long and has lots of pictures)

High temperature stability embeddedPaper: ReRAM for 2x nm node and beyond

Not only is ReRAM proving to be far superior to FLASH in every conceivable way, Weebit have now optimized their ReRAM to be superior to other forms of ReRAM.

Some VERY interesting comments in an interview today (7th of June, 2022) between Ross Miller, VP strategic marketing & business unit at SkyWater, and Eran Briman, Weebit Nano’s VP of marketing and business development.

ReRAM NVM – Coming Soon for your Embedded Design​

Here are some appetite whetting excerpts:

Ross: Aerospace and defense applications are among the most demanding, requiring extremely high levels of precision and accuracy. ICs for aerospace and defense also have unique requirements for robustness and reliability in harsh environmental conditions. Since these products must often last for years – mostly without maintenance – longevity is another key trait.

Eran: Weebit ReRAM provides excellent endurance and retention even at high temperatures, retaining data for up to 20 years at 175 degrees Celsius. It can also withstand 350x more ionizing radiation than flash. If you’re designing a product today with flash, it’s going to require extra design for redundancy or shielding, and this isn’t needed with ReRAM. Our technology also has advantages over other emerging NVMs like MRAM such as cost, access time and immunity to electromagnetic fields.

Ross: ReRAM fits with SkyWater’s vision for the future as we look toward technologies that will enable differentiation and advanced performance the market demands.

…

Because ReRAM is a back-end-of-line, or BEOL technology, it can be integrated at various points in the fabrication process.

Weebit Nano out with an interesting tweet promoting their technology. If it truly IS this superior, in EVERY way, to FLASH, then it MUST eventually become the industry standard. And I for one fail to see a future without ReRAM in it. It seems to solve so many problems, and that’s the kind of technology I prefer to invest in.

It even is more secure. A point I believe Weebit Nano should be marketing far more.

https://www.weebit-nano.com/technology/reram-advantages/

WeebitNano this morning announcing the successful testing of their demo ReRAM chips.

https://www.asx.com.au/asxpdf/20220406/pdf/457r40p4yd61km.pdf

I found the use of a RISC-V microcontroller to perform this testing, to be of great interest in this announcement.

At the recent Strawman/Brainchip webinar I suggested to Tony and Sean (from Brainchip) that they should consider WeebitNano's ReRAM technology. And now, following last night's Brainchip press release regarding a new partnership with SiFive to deploy AI/ML technology at the edge, somewhat of a marriage of RISC-V with Akida. There seem to be a few dots lining up.

So Brainchip in partnership with SiFive to work with RISC-V, and ReRAM proven to work with RISC-V. This all adds strength to my suggestion to Tony and Sean, especially considering WeebitNano’s ReRAM is now working at 22nm with plans to further reduce.

ReRAM does not have the 40nm limitation of flash memory. So it should be able to create solutions on a chip that contain all three technologies.

I truly hope they do go down this path. It will be a VERY GOOD path.

I have already corresponded with Tony Dawe regarding this WeebitNano progress.

This slide, from the Goldman Sachs Presentation, really says it all.

One day the world will have to sit up and take notice of the advantages ReRAM has.

@Saiton, it is not WeebitNano doing the comparison, it is Pitt Street research doing it. So not quite one company giving a free pump to another.

Pitt Street Research recently released a report on BrainChip, so are in a good position to do the comparison. And hey, they are continuing to push BrainChip’s message, i.e. their recent research report, so all good on that front too.

Where both companies will be in 5 or 10 years is anyone’s guess. But with words like “ubiquitous” being thrown about, they can each be huge. I even see a future that marries Akida and ReRAM, it is such a great, and to me obvious, fit. Then throw in Strategic Elements’ self-charging, printable, battery, and you have the most pure edge device without the need for any connections to the outside world, not even for recharge.

BTW: BrainChip and WeebitNano absolutely are not in competition with each other. They do completely different things, but things that can supplement each other so very well.

DISC: I do hold shares in both BrainChip and WeebitNano, as well as having an each way bet in the ReRAM field by also holding shares in 4DS. The ReRAM technology employed by 4DS is different in that it can also store power and act as a battery. But it is quite a way behind in development from WeebitNano after suffering a major setback at the end of 2021.

Pitt Street research out with a report of WBT scaling down to 22nm and gives a valuation of $4.75.

22nm opens the door to a huge market. It is a size that is industry standard, requires less masks, and is in their words “a place where no other NVM can go”

https://static1.squarespace.com/static/5af533a312b13fb602fe7d7b/t/623c2319c0d6fb5f32a2ad4f/1648108315135/Weebit+Nano+Research+Update+25+03+2022.pdf

Frost & Sullivan have produced a very informative, and purportedly independent, report on Weebit Nano. Well worth the read IMHO. It packs a lot of info in it’s 13 pages, not the typical ‘baffle them with bullshit and hide the details in a sea of words’ approach. This report is written to be easy to read.

https://www.weebit-nano.com/wp-content/uploads/2022/03/220309.Frost-Sullivan_Weebit-Nano-Update-Report_RRAM_March-2022.pdf

In this report they ascribe a valuation of $3.90 to Weebit Nano.

Achieving volume production abilities in 2022 should help embed this technology. (Pun intended)

Flash memory was good, but IMHO it’s time is now up and it’s time to step aside and let the transition to the next technology begin. ReRAM’s superior scalability, superior retention, cost effective production, and improved energy efficiency should be sufficient to seal the deal.

A very interesting comment is : “The company has underlined 2023 as the milestone year for its ReRAM technology to be embedded in a full-fledged product, with 2022 focusing on quality improvements and volume production.”

The report summarised opportunities very succinctly as:

”Weebit's Opportunities

• As a crucial element of edge AI chips, memory must have a small geometry while storing more data; ReRAM represents an ideal answer to this challenge, especially given its low-power consumption nature.
• Weebit’s ReRAM offers a perfect memory alternative in SoCs as, unlike flash, it can scale to fit smaller geometries.
• IoT represents an excellent market opportunity for Weebit's ReRAM. IoT and other connected devices can be embedded with ReRAM because of its low power consumption and 10-year retention, even at high temperatures, which is a requirement for IoT field deployment.
• Various components of the wireless communication infrastructure of 5G, such as 5G chipsets, can use ReRAM as their embedded memory.
• Weebit's cost-effective back end of line (BEOL) solution, requiring only two added masks and no special fab equipment, is a good target for many cost-sensitive analog integrated circuits for smartphones, consumer electronics, industrial applications, and more.”

Q1 ReRAM Insights is out now. This seems to be a good starting place for a little dive ito the world of ReRAM and specifically how Weebit is progressing with it.

So Coby Hanoch (CEO of Weebit) starts this with “2022 will be a pivotal year for Weebit”. And “We’ve got all-hands on deck to achieve success in 2022, and we are moving quickly toward our goals.”

Now that should be sweet music to the ears of holders and even non-holders thinking of jumping on board.

It seems Weebit are using to shrink their technology beyond 28nM. That would be yet another advantage over flash memory.

And there is an interesting development that implies ReRAM may have some synergy with neural Networks. Could we see some collaboration with BrainChip? It is a thought I have had for a while.

Then just bring Strategic Element’s printable, self charging battery into the mix and you have the perfect edge based AI solution. One that will run for ever without needing any outside interaction other than the input stimulus that is to be controlled/monitored/whatever!

This could be interesting.

Can Weebit’s ReRAM be shown to be greener than alternatives. That will, be yet another feather in Weebit Nano’s hat.

Weebit Nano and CEA-Leti undertake environmental initiative

Life Cycle Assessment to analyse Weebit’s ReRAM carbon footprint compared to other Non-Volatile Memory technologies.

Weebit have basically confirmed the rumour with the following wording of the voluntary suspension request:

"The Company requests a voluntary suspension as it is not in a position to make an announcement regarding an incomplete negotiation regarding a material customer contract that has ceased to be confidential."

All should be known by next Thursday.

This space seems to have it all--leaks, tweets, sneaks and intrigue. Should be exciting times ahead.
 

I do hope Weebit have landed the "commercial partnership with US semiconductor foundry SkyWater Technology Inc. (NASDAQ: SKYT) to take its innovative ReRAM technology to mass production" that Market Eye have leaked.

I suppose we wil find out the truth real soon. Like hopefully tomorrow.

IMHO ReRAM will explode onto the world and change things for the better.