Major Licensing Win with Texas Instruments (TI)
Weebit signed a license agreement with TI, a top-5 IDM and the world’s #1 analog player, after ~3 years of engagement. TI intends to start with an advanced geometry and has options to expand to additional nodes, signaling strong strategic validation and access to large-volume customers.
Rapid Progress with onsemi — Silicon in Hands in ~1 Year
onsemi produced wafers and provided dies within ~1 year of signing; initial die tests are positive. This rapid turnaround demonstrates accelerated partner execution and technical compatibility with an IDM.
DB HiTek Qualification Completed
Weebit finished qualification with DB HiTek, meeting JEDEC requirements. DB HiTek is now handling internal steps toward product announcements and customer engagements; Weebit expects customer tape-outs at DB HiTek this year.
Financial Guidance and Cash Momentum
Management reiterated fiscal year 2026 revenue guidance of over USD 10 million and reported another quarter of record cash inflows (noted as an exceptional quarter driven by milestone timing), supporting near-term liquidity.
Strategic U.S. Subsidiary and Commercial Support
Weebit established a U.S. subsidiary focused on sales and technical/customer support, including a senior technical hire with ReRAM experience to strengthen North American engagement and accelerate commercial deployments.
AI / In-Memory Compute Initiatives and Hires
Weebit hired a lead (Giddy) for AI/in-memory compute strategy and a PhD in AI. Management intends to bundle hardware with software/algorithms and development kits to improve adoption — positioning ReRAM for edge AI and neuromorphic applications.
Market Growth Opportunity Cited — 45x ReRAM Forecast
Third‑party analyst (Yole) forecast referenced: ReRAM demand is expected to increase ~45-fold over the next 6 years and represent more than half of a USD 3.26 billion embedded emerging NVM market by 2031, underscoring a large addressable market.
Organizational and Operational Readiness
Weebit invested in PMO, tracking tools, customer success processes and design resources to manage expected rapid growth and to support multiple customer engagements across geometries.