License Continues Proliferation of Weebit’s Innovative Non-Volatile Memory Technology
HOD HASHARON, Israel, January 1, 2025 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT) (Weebit Or Business), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, has licensed its Resistive Random Access Memory (ReRAM) technology to a leading 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 low-power, cost-effective NVM that has proven excellent retention at high temperatures.
Coby Hanoch, CEO of Weebit Nano, said: “We are delighted to announce Weebit’s latest commercial agreement with onsemi, one of the world’s leading manufacturers of semiconductor integrated devices. This agreement is further industry recognition that ReRAM is the best-positioned non-volatile memory solution to replace traditional flash storage, with Weebit being a leading independent ReRAM vendor.
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About Weebit Nano Limited
Weebit Nano Ltd. is a leading developer and licensor of advanced semiconductor memory technologies. The company’s revolutionary resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit ReRAM enables solid-state memory elements to be significantly faster, cheaper, more reliable and more energy efficient than those using existing flash memory solutions. As it is based on manufacturing-friendly materials, the technology can be quickly and easily integrated into existing flows and processes, without requiring special equipment or significant investments. See www.weebit-nano.com.
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