Weebit Nano raises $15 million via Share Purchase Plan
The SPP was strongly supported, bringing total funds to $102 million to accelerate ReRAM commercialization and AI development.
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Developer of ReRAM non-volatile memory technology
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In short: Weebit Nano achieved record revenue growth, secured a major licensing deal with Texas Instruments, and raised $87 million to scale its ReRAM tech.
The SPP was strongly supported, bringing total funds to $102 million to accelerate ReRAM commercialization and AI development.
It discusses Q3 FY26 achievements, product tape-outs, ReRAM advantages, technical priorities, foundry negotiations, and revenue recognition.
One customer demonstrates functional prototype. This achieves a key 2026 target towards mass production.
Secured A$87 million funding, signed two new agreements, and progressed ReRAM programs with Texas Instruments and onsemi.
Weebit Nano Ltd. ( ($AU:WBT) ) has provided an announcement. Weebit Nano has reported a change in the indirect shareholding of director Yoav Nissan-Cohen, as...
Weebit Nano's stock rose 6.61% due to strategic partnerships, including a deal with Texas Instruments, and accelerating revenue growth, highlighting its potential in the semiconductor...
Weebit Nano Ltd. ( (AU:WBT) ) has provided an announcement.
The latest update is out from Weebit Nano Ltd. ( (AU:WBT) ).
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