• Achieved multiple commercial and technical milestones in H1 FY26
• Secured licensing agreement with Texas Instruments, a global Tier-1 semiconductor company
• Completed technology qualification of ReRAM at leading South Korean foundry DB HiTek

Weebit Nano had an exceptionally strong start to FY26, achieving multiple commercial and technical milestones in the first half of the year. The company licensed its ReRAM technology to Texas Instruments, a global Tier-1 Integrated Device Manufacturer and its largest customer to date. Weebit also achieved technology qualification based on JEDEC industry standards for NVM in DB HiTek's 130nm Bipolar-CMOS-DMOS (BCD) process, and successfully taped-out the first test chips embedded with its ReRAM at onsemi's 300mm production fab. Additionally, the company secured multiple design agreements with product companies, exceeding its 2025 target of three product customers. Weebit established a US subsidiary to support growing customer engagement and agreements in North America, and appointed a new VP Systems and AI to lead the company's AI offerings. The group delivered strong revenue growth during the half-year, with IP licensing and NRE payments totaling A$5.6 million, up 8x over the prior corresponding period. The company remains well-funded for growth with a strong cash balance of A$82.8 million as at 31 December 2025, supporting increased commercial activities and ongoing R&D.

The company expects FY26 revenue to be over A$10 million - a more than 100% increase over the prior year. Revenue growth will be driven by new licensing and design agreements as well as milestone-based payments from existing customers.

Weebit Nano expects to build on its momentum in the second half of FY26, securing additional licensing and customer agreements, delivering annual revenue of over $10 million, and progressing its targets for the 2026 calendar year - first product customer tape-out and first AI customer engagement.