Invitation to meet Weebit Nano (WBT), page-22

The partnership with Leti really is a strong point for WBT and using the work they have done with their selector so far certainly will bring the timeline for WBT discrete memory forward at least 4-5 years. It is however going to take at least 15 months before they have a working prototype that will then need to be tested and verified by partners such as XTX, and adoption will take another year or two before WBT realise meaningful revenues from the work.

The real game at the moment is the embedded market and the South Korean partner. First step will be fab qualification in December 2020, but don't expect substantial revenues at that point, it will take some time before the embedded chips see mass adoption from the SK Partner's client base, it will be a slowly slowly adoption. It will however mark a substantial milestone for the company and signify that the tech is completely derisked and on the cusp of significant market penetration.

i think they have made the right move with regards to the discrete market. Sure, it has been at the expense of embedded but the timelines have not significantly shifted in the scheme of things. What it does mean is that they will be in both markets sooner than anticipated, and this will add value to the company exponentially over the mid term (4-5 years).

WBT's challenge at the moment is adoption which is obviously being addressed as we speak. The good thing about bringing forward the discrete market is that once one partner has signed up, more will follow and they will capture two segments instead of one.

WBT also has the ability to scale down further, currently at 40nm, and the potential to 3D stack, but I wouldnt expect anything further on these fronts in the immediate future, they are added bonuses for a company that is just getting started.