• Secured A$87 million to accelerate ReRAM leadership and development of AI offerings
• FY26 revenue guidance upgraded to at least A$12 million
• Signed two new revenue-generating agreements

Weebit Nano Ltd (ASX: WBT) has made significant progress during the quarter ended 31 March 2026 (Q3 FY26). The company secured A$87 million via well-supported placements to institutional investors, which will be used to enhance its leading ReRAM technology, accelerate scale-up and commercialization activities, and fast-track the development and delivery of AI offerings. Weebit also signed two new revenue-generating agreements, including the Korean National Project, and its ReRAM technology was selected for a Korean National Compute-in-Memory Program. The technology transfer initiative with Texas Instruments, a leading Tier-1 semiconductor company, is off to a strong start, with joint teams from both organizations working closely to integrate Weebit's ReRAM into TI's advanced platform. Weebit's discussions with multiple foundries and IDMs continue to advance, and the company is working to convert these negotiations into long-term licensing agreements. The company has upgraded its revenue guidance for FY26 to at least A$12 million, up from A$10 million, driven by milestone-based payments from existing customers and design agreements.

Weebit Nano has upgraded its revenue guidance for FY26 to at least A$12 million, up from A$10 million, driven by milestone-based payments from existing customers and design agreements.

Weebit Nano is focused on being the undeniable leader in the ReRAM domain, leveraging its strong team of experts. Driven by customer demand, the company is advancing a clear roadmap to extend its advantage across key performance metrics, including access times twice as fast as the nearest competitor, higher temperature operation, smaller automotive-grade module sizes, and ultra-low-power operation.