HOD HASHARON, Israel, January 1, 2025 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX: WBT) (Weebit or Company), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, has licensed its resistive direct access memory (ReRAM) technology to tier one semiconductor supplier, onsemi (Nasdaq:ON).
Under the terms of the agreement, Weebit ReRAM IP will be integrated into Onsemi’s Treo platform to provide embedded non-volatile memory (NVM). The integration of Weebit ReRAM into a bipolar CMOS, DMOS (BCD) process provides a cost-effective, low-power NVM that has demonstrated excellent high-temperature retention.
Coby Hanoch, CEO of Weebit Nano, said: We are pleased to announce Weebit’s latest commercial agreement with onsemi, one of the world’s leading manufacturers of integrated semiconductor devices. This agreement is further industry recognition that ReRAM is the persistent memory solution best positioned to replace traditional flash storage, and Weebit is the leading independent ReRAM supplier.
-ENDS-
| Media “US | Media ” Australia |
| Jen Bernier-Santarini, Weebit Nano | Dylan Mark, Automic Group |
| Q: +1 650-336-4222 | Q: +61 475 783 675 |
| Email: jen@weebit-nano.com | Email: dylan.mark@automicgroup.com.au |
| Investors | |
| Eric Kuret, Automic Group | |
| T: +61 417 311 335 | |
| Email: eric.kuret@automicgroup.com.au | |
About Weebit Nano Limited
Weebit Nano Ltd. is a leading developer and licensor of advanced semiconductor memory technology. The company’s revolutionary Resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of emerging electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit ReRAM enables semiconductor memory elements to be significantly faster, cheaper, more reliable and more energy efficient than those using existing flash memory solutions. Since it is based on materials suitable for production, the technology can be quickly and easily integrated into existing flows and processes, without the need for special equipment or large investments. See www.weebit-nano.com.
Weebit Nano and the Weebit Nano logo are trademarks or registered trademarks of Weebit Nano Ltd. in the United States and other countries. Other company, product and service names may be trademarks or service marks of others.
Source: Weebit Nano Ltd
