Ann: Weebit signs first commercial deal with US-based SkyWater, page-77

Reading the announcement and sharing my thoughts

The Company’s agreement with SkyWater will take Weebit’s innovative ReRAM technology to volume
production via a license to SkyWater to manufacture customer designs containing Weebit’s
technology, once the technology has been qualified in SkyWater’s production fab

My thoughts is that WBT & SkyWater must qualify that their design can be manufactured at a production fab, in order to pass the next critical step which is volume production. Obviously there is still a great deal of risk, but from WBT's perspective, if they are willing to take on the risk, it shows they are confident in their technology & design.

Under the technology licensing agreement, SkyWater receives a non-exclusive license to Weebit’s
ReRAM technology, and will pay Weebit a license fee that is not material for Weebit based on the
achievement of agreed upon milestones

Key word being non-exclusive - sounds exactly like first of many, discussions must be already underway

In either case, Weebit will receive license fees and royalties based on production volumes, with these license fees and royalties determined by Weebit when delivering the relevant modules to customers and may differ for each module.

As royalties / licence fees are heavily dependent on the customers who order these modules, i agree that it will be hard to estimate to actual $ value.

Personally this has become an additional 2-5 year long term hold as we could be sitting on disruptive technology, especially this next part....

The agreements currently cover SkyWater’s 130nm Complementary Metal-Oxide-Semiconductor
(CMOS) process, which is a sweet spot for a broad range of applications such as analog, power
management, automotive and IoT designs, where Weebit’s ReRAM technology provides significant
competitive advantages, including better retention and endurance than existing embedded Flash
technology.

I'll be holding and gauging how WBT handles volume production at end of 2022. Excited to see where this company goes.

As always, do your own research, form your own opinions and ignore the noise and i wish everyone success in their trading / investing strategies.