Saw the following posted on the BRN forum this morning. I think the poster thought the author of the article was referring to BRN however no doubt in my mind the article is all about WBT ... and a great snapshot of WBT it is!
For half a century, microchips have been getting exponentially smaller…faster…and cheaper. A great example of what I mean: the smartphone in your pocket right now is likely at least twice as powerful as the computers that NASA used in the moon landing.
The next company I want to tell you about is at the forefront of this trend. It is developing a state-of-the-art memory storage technology that could be critical to the rollout of smart devices worldwide.It’s one of the most exciting companies I’ve ever found.In fact, according to one group of analysts, this company’s revenues are forecast to grow by more than 10,000% between 2021 and 2026. You read that right:10,000% revenue growth…in just five years.You don’t see that often, even with small companies.
But when you look at what this ASX-listed tech firm has developed…you begin to see why.
It is pioneering something called ‘non-volatile memory’ storage.
Put simply, it’s a new way microchips can store information, using smaller, faster and more resilient technology. And it could have big implications for the technology world in the near future.In fact, pretty much any way you look at it, it’s a superior technology. That’s because non-volatile memory technology is: Much smaller than the current industry standard. Right now, most memory tech is known as ‘flash’ storage. The problem is, this technology doesn’t really go any smaller than 28 nanometres. That’s pretty small. But in a world where EVERYTHING is connected, we’ll need to go smaller.
This company’s storage can go right down to 4 nanometres — more than 80% smaller. Longer-lasting and resilient. This company’s chips can retain information for 10 years and operate at temperatures of 150 degrees. When it comes to ‘smart’ industry and transportation — and other technology operating in extreme conditions — that’s invaluable. Much smarter. This company’s memory technology is modelled on human brain synapses, meaning it could be critical to building ‘artificial intelligence on a chip’ in the future. In a world where everything is truly smart — from cars to home appliances to healthcare devices — that’s going to be critical. In other words…this company has developed technology that could be crucial to the next generation of smart connected devices. And its revenues could be about to ‘go vertical’ in the near future, climbing from just a million dollars this year…to more than a hundred million in five years’ time. T
he upside potential is huge.Following the post appearing on the BRN thread ... another BRN poster quipped ... "Weebit would like to thank our sponsors."
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