More commercial deals expected before end of 2024
In our interview with Weebit Nano CEO Coby Hanoch, recorded on 28 August 2024, he indicated that the company is flat out working on more than a dozen potential commercial deals. The company is talking to a range of different companies, including IDM’s, foundries and product companies.
Mr. Hanoch also indicated he expects to convert at least one or two of those prospects into customers before the end of 2024, i.e. within the next 4 months.
Still a lot to look forward to in 2024A lot of activity in the next 4 monthsIn its FY24 Annual Report, Weebit Nano also gave an indication of what it still expects to achieve in the current calendar year, i.e. in the next 4 months.
In addition to new commercial deals, the company is expecting to hit a number of Research & Development targets as well as technical progresswith existing customers and partners, e.g. tech transfers, qualifications andtesting. In our view, most of these targets are key share price catalysts, whichbodes well for shareholders in the near term.
Additional license fees expected in next 12 months Weebit Nano
https://static1.squarespace.com/static/5af533a312b13fb602fe7d7b/t/66d560ece74bfb2d24daa02c/1725260019239/Weebit+Nano+research+update+3+September+2024.pdf
Short data on WBT, page-2550
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