• Taped-out first module embedded with Weebit ReRAM at onsemi's 300mm production fab
• Achieved target of three product customers integrating Weebit ReRAM in next-generation products
• Record quarterly customer payments of A$7.3 million

Weebit Nano Ltd (ASX: WBT) has had an exceptionally strong start to FY26, taping-out the first test chips embedded with its ReRAM at onsemi's 300mm production fab, securing multiple design agreements with three US-based product companies, and receiving record quarterly customer payments of A$7.3 million. The company has also made progress on the qualification of its ReRAM technology at DB HiTek, targeting completion before the end of 2025. Weebit is advancing discussions with multiple fabs, moving closer to its stated AGM commercial targets. The strategic importance of ReRAM as a next-generation non-volatile memory continues to grow, with GlobalFoundries launching its own ReRAM technology, signaling that ReRAM is now a 'must have' offering for fabs. As the only independent ReRAM provider with qualified technology ready for production, Weebit is well-positioned to capitalize on this opportunity. The company has also strengthened its governance credentials with the appointment of an independent Non-Executive Director as Deputy Chair. Weebit had a strong balance sheet of A$91.6 million at the end of the quarter, facilitating increased commercial activities and ongoing R&D.

Revenues are expected to continue to build as new licensing and design agreements are signed, alongside milestone-based payments from existing customers.