• Signed licensing agreement with tier-1 IDM onsemi for Treo platform
• Qualified ReRAM to AEC-Q100 standards for automotive applications
• Progressing towards qualification at leading foundry DB HiTek

Weebit Nano Ltd delivered a strong performance in the 2025 financial year, accelerating the commercialization of its embedded ReRAM technology. The company reported revenue growth of over 400% to $4.4 million, driven by IP licensing and Non-Recurring Engineering (NRE) payments. A key milestone was signing a licensing agreement with tier-1 Integrated Device Manufacturer (IDM) onsemi, which will see Weebit's ReRAM integrated into onsemi's 65nm Treo platform for automotive and industrial applications. This agreement is a catalyst for future growth, increasing the urgency for other partners and customers to offer and integrate Weebit's ReRAM technology. The company also qualified its ReRAM to AEC-Q100 standards from the Automotive Electronics Council, demonstrating 150°C lifetime operation and 100K endurance cycles required for automotive applications. Additionally, Weebit is progressing towards qualification of its ReRAM at leading foundry DB HiTek, which will provide hundreds of product companies access to its technology. The company remains well-positioned to achieve its commercial targets of signing agreements with three product companies and three foundries by the end of 2025. Weebit is well-funded, with a cash balance of over A$62 million at the end of FY25, enabling it to support the commercial rollout of its ReRAM technology.

Weebit Nano is well-positioned for continued growth, with momentum from its licensing agreement with onsemi, progress towards qualification at DB HiTek, and ongoing discussions with over 20 leading foundries, IDMs, and product companies. The company expects to sign additional licensing agreements and meet key milestones for existing customers in the new fiscal year, delivering value for shareholders, partners, and customers.