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Weebit Nano licenses its ReRAM technology to onsemi

  • 2 min read
  • Weebit Nano Limited ASX: WBT

License continues the proliferation of Weebit’s innovative non-volatile memory technology

HOD HASHARON, Israel, January 10, 2025 -- 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 random access memory (ReRAM or RRAM) technology to tier-1 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). Weebit ReRAM integration 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 top semiconductor integrated device manufacturers. This agreement is further industry recognition that ReRAM is the non-volatile memory solution best positioned to replace traditional flash storage, with Weebit being a leading independent provider of ReRAM.”

About Weebit Nano Limited

Questions around this news

  1. What does the agreement cover?

    The agreement licenses Weebit Nano’s ReRAM intellectual property to onsemi for integration into the Treo platform. The release says the technology will provide embedded non-volatile memory and that its integration into a BCD process offers low-power, cost-effective memory with retention at high temperatures.

  2. What is ReRAM, and how does it store information?

    Resistive random access memory, or ReRAM, stores information by changing the electrical resistance of a material. The resistance states represent data, and the stored information remains available when power is removed. ReRAM is one type of non-volatile memory; its characteristics and implementation depend on the materials and device design used.

  3. What does embedded non-volatile memory mean?

    Embedded non-volatile memory is storage integrated on the same semiconductor chip as other circuitry, rather than provided only by a separate memory chip. Because it retains data without power, it can support functions such as storing settings or program code in devices that may be switched off or lose power.

  4. What is a BCD semiconductor process?

    BCD is short for Bipolar-CMOS-DMOS, a semiconductor process that combines bipolar transistors, CMOS logic and double-diffused MOS power devices on a chip. Combining these technologies can support designs that need control logic alongside circuits for managing or switching higher voltages and currents.

Weebit Nano Ltd. is a leading developer and licensor of advanced semiconductor memory technology. The company’s ground-breaking 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 allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing flash memory solutions. As it is based on fab-friendly materials, the technology can be quickly and easily integrated with 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.

 -ENDS-

Media – US

Jen Bernier-Santarini, Weebit Nano

P: +1 650-336-4222

E: [email protected]

Media – Australia

Dylan Mark, Automic Group

P: +61 475 783 675

E: [email protected]

Investors

Eric Kuret, Automic Group

P: +61 417 311 335

E: [email protected]

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