New agreement with CEA-Leti extends partnership scope with...

New agreement with CEA-Leti extends partnership scope with enhanced technologies and IP, resulting in improved ReRAM performance

HOD HASHARON, Israel, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT), a leading developer of next-generation memory technologies for the global semiconductor industry, is pleased to announce that it has expanded its ongoing strategic development partnership with CEA-Leti (www.leti-cea.com), the well-recognised French research institute, further enhancing its ReRAM technologies and supporting its commercialisation efforts.

The new agreement expands the intellectual property (IP) co-operation between the two companies, leveraging CEA-Leti’s broad investment in memory research for over 10 years and covering the IP jointly developed by Weebit and CEA-Leti. As part of the agreement, Weebit will incorporate additional IP licensed from CEA-Leti into its ReRAM offerings, further improving its technical parameters such as endurance, retention and robustness. This will position Weebit’s ground-breaking technology at the forefront of the Non-Volatile Memory (NVM) industry and broaden its commercialisation opportunities in industries such as automotive which require high-temperature performance.