Key points
- Record revenue of A$15.3m, exceeding guidance
- Licensing agreements with Texas Instruments and onsemi
- Qualified ReRAM technology at DB HiTek
- Strong demand for ReRAM in AI and in-memory compute
- Raised A$102m to accelerate development
Full summary
Weebit Nano Ltd's Annual Report for FY26 highlights significant commercial and technical progress, positioning the company as a leader in embedded ReRAM. The company reported a record revenue of A$15.3 million, exceeding guidance, driven by IP licensing and Non-Recurring Engineering (NRE) payments. Key milestones include licensing agreements with Texas Instruments and onsemi, and the qualification of Weebit's ReRAM technology at DB HiTek. The company is seeing strong demand for ReRAM in AI and in-memory compute applications, with several customers taping out prototype chip designs integrated with Weebit ReRAM. The report also notes the company's strong financial position, having raised A$102 million to accelerate development and cement its leadership in the embedded NVM market.
Guidance
Revenue of at least $7.1 million in 1H FY27
Outlook
Weebit Nano Ltd expects to see continued progress across its business activities, with the potential for first products integrated with ReRAM to move towards mass production in CY27.