Weebit Nano Ltd. (AU:WBT) has released an update.
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Weebit Nano Ltd. has reported significant technical progress in Q3 FY24, including demonstrating the robustness of its ReRAM technology for high-temperature automotive applications and showcasing a successful live demo on GlobalFoundries’ 22FDX wafers. The company is advancing negotiations with industry partners and has appointed a new Chief Revenue Officer, Issachar Ohana, to drive licensing sales and bolster commercialization. Weebit’s ReRAM is being optimized for extreme environments and is gaining interest from top-tier foundries and integrated device manufacturers.
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