Following TI Deal, Weebit Nano Forecasts Sharp Revenue Growth in 2026

Weebit Nano has published annual revenue guidance for the first time since becoming a public company, projecting revenues of at least A$10 million (approximately US$6.5 million) in 2026—more than double its A$4.4 million revenue in 2025. The forecast was released as part of the company’s quarterly report published over the weekend and marks a significant inflection point: a shift from a company primarily reporting technological milestones and licensing agreements to one seeking to anchor expectations around measurable revenue growth.

Weebit Nano’s shares, traded on the Australian Securities Exchange (ASX), have risen 140% over the past 12 months, giving the company a market capitalization of A$1.12 billion.

The main driver behind the forecast is the largest commercial agreement in the company’s history: the licensing of Weebit’s ReRAM technology to Texas Instruments, one of the world’s leading semiconductor manufacturers. The agreement includes IP licensing, technology transfer, and the design and qualification of Weebit’s ReRAM in TI’s advanced manufacturing nodes for embedded processing chips.

Weebit Nano CEO Coby Hanoch said the agreement represents a major milestone in the company’s commercialization path, stating: “Our agreement with TI marks a major milestone in our commercialisation trajectory, reflecting the quality of our Non-Volatile Memory (NVM) technology, evolving industry perceptions, and Weebit’s growing reputation as the leading independent provider of ReRAM.”

Hanoch added that TI’s adoption is already having a broader market impact: “TI’s adoption of our ReRAM is already accelerating our commercial discussions with multiple foundries, Integrated Device Manufacturers (IDMs) and product companies, and momentum is continuing to build.”

He noted that while a third target fab agreement originally planned for 2025 has slipped into 2026, negotiations with multiple parties are advancing and the company remains committed to closing additional deals during the year.

Alongside the commercial momentum, Weebit announced the establishment of a wholly owned U.S. subsidiary, aimed at supporting expanding engagement with customers in North America. The company says the move reflects growing commercial activity in the region and the need to support sales and business development efforts more closely. In practical terms, beyond the branding and signaling effect of the TI deal, Weebit is adjusting its organizational structure to deepen its footprint in the U.S. market, where many of its most relevant semiconductor customers are based.

Gideon Intrater to Lead AI Efforts

Beyond the headline commercial news, the quarterly report highlights technological progress designed to support the next phase: moving from demonstrations and agreements to product integration and manufacturing. During the quarter, Weebit completed technology qualification of its ReRAM at South Korean foundry DB HiTek, based on industry-standard JEDEC requirements for non-volatile memory. The process involved demanding tests, including high-temperature operation, program/erase endurance, and long-term data retention across multiple silicon wafer lots. The company says it is now working with DB HiTek to prepare for high-volume manufacturing readiness.

Another key technical update relates to demonstration chips manufactured at onsemi. Weebit reports that functional testing confirmed the chips are “performing as expected,” including full programming and readout of ReRAM arrays using smart algorithms and error-correcting code (ECC). The chips are now undergoing further qualification, expected to be completed later this year. The 65nm BCD Treo platform used for manufacturing is aimed primarily at automotive, industrial, and data-center applications that require reliable operation in harsh, high-temperature environments.

On the product commercialization front—working with “product customers” that integrate ReRAM directly into finished chips—Weebit says several products are already in design using its technology, and that it expects to complete the first product customer tape-out in 2026. During the quarter, the company also signed an agreement with a new U.S.-based product customer, reflecting what it describes as a broader industry shift in which ReRAM is increasingly viewed as the successor to embedded flash in next-generation applications.

In this context, Weebit cites a forecast by market research firm Yole Group, which predicts that ReRAM will grow 45-fold over the next six years and account for more than half of the US$3.26 billion embedded emerging NVM market by 2030. For Weebit, the data serves not just as market background, but as a way to frame the TI deal and its progress with DB HiTek and onsemi as part of a broader adoption wave.

Further signaling an expanded strategic focus, Weebit announced the appointment of Gideon Intrater as VP Systems and AI. The company notes that Intrater brings around 40 years of experience in the semiconductor industry, including senior roles at IP companies and leadership positions at Adesto and MIPS, as well as involvement in industry standards through JEDEC. Weebit says it plans to formalize an AI offering built around the advantages of ReRAM for edge AI applications, with an initial solution expected later this year.

Weebit Nano announced an embedded ReRAM module

Weebit Nano (ASX:WBT) has completed the design and verification of embedded ReRAM module, and taped-out a test-chip for testing and qualification. “The test chip allows Weebit to demonstrate a fully functional ReRAM memory product, “that can be readily integrated into System-on-Chip,” said Weebit’s CEO, Coby Hanoch.

The ReRAM (Resistive Random Access Memory) module comprises a full sub-system in which the module is embedded. It also includes a RISC-V microcontroller (MCU), system interfaces, Static Random-Access Memory (SRAM) and peripherals. It was designed for ST 130nm process and consists of a 128Kb ReRAM array, control logic, decoders, IOs (Input/Output communication elements) and error correcting code (ECC).

Weebit expects to recieve the first silicon towards the end of 2021, and to demonstrate the module in the first quarter of 2022. Qualifications are expected to be completed by mid-2022. ReRAM is an emerging technology that combines the advantages of both DRAM and Flash: It is a non-volatile, extremely fast, low-power and can endure significantly higher number Program/Erase cycles than Flash memory.

Weebit’s ReRAM cell consists of 2 metal layers with a Silicon Oxide (SiOx) layer between them. In an initial, one-time, forming step, positive voltage is applied on the cell to form a conductive filament, and entering a Low Resistive State. After that – applying positive and negative voltages can cause the cell to move from one state to the other. For now the company is focused on the embedded applications market, delivering solutions to semiconductor customers and fabs who embed its IP into their SoCs. The long tem goal is into the broad market for discrete memory devices.

Weebit Nano raised $4.5 million to commercialize ReRAM technology

Hod Hasharon (near Tel Aviv)-based Weebit Nano, which is developing a new type of non-volatile ReRAM technology, has raised $4.5 US million through a private allotment of shares on the Australian Securities Exchange (ASX). At the moment, the company is trying to raise an additional $0.5 AUD million through a public offering. Weebit Nano’s CEO, Coby Hanoch, told Techtime that this financial round ,”Will allow us to move towards commercialization, and hopefully, within a year we’ll already be engaging in serious interactions with potential customers.”

According to the report supplied by the company to the ASX, about half of the money raised will be allocated for the development of a dedicated module for embedded systems, the company’s first target market for its ReRAM technology. “Our technology has already been proven and tested by customers. We are now developing a specific module of the memory, in order to make it suitable for the embedded systems market.”

The Best of all Possible Worlds

Approximately 20% of the amount will be allocated for the development of a component called ‘Selector’, which is designed to minimize leakage currents between the memory cells, and about 15% for transferring the technology for production at standard Fab manufacturing facilities. Weebit Nano is developing a new Resistive Random Access Memory (ReRAM), based on the use of materials that change their electrical resistance in response to electrical voltage, thus “remembering” the voltage levels after they are disconnected from the power source.

It combines the non-volatility of flash memory with the fast, low-power, and long life cycle of the volatile DRAM memory technologies. The company estimates that its prototype is 1,000 times faster and uses 1,000 times less power than flash memory, traits which make him perfect candidate for IoT, artificial intelligence, information centers and more.

Lately, Weebit Nano announced first commercial collaborations, both with the Chinese semiconductors companies, XTX and SiEn. Together, they will examine the integration of the Weebit Nano’s memory component into their’ products. “China is the largest chip consumer in the world, and is determined to build an independent semiconductors industry,” said Hanoch.