Some very good coverage here:...

Some very good coverage here:  

https://www.design-reuse.com/news/55110/weebit-nano-q1-fy24-quarterly-activities-report.html

Weebit Nano signs Tier-1 licensing agreement; on track to generate first IP revenues in 2023

Second technology transfer, to DB HiTek, now underway; partner and customer negotiations are ongoing
October 27, 2023 – Weebit Nano Ltd (ASX: WBT, Weebit or Company) is pleased to provide this activity report for the quarter ended 30 September 2023 (Q1 FY24), along with the Company’s Appendix 4C cash flow report.

Weebit CEO Coby Hanoch said: “Despite an extremely challenging situation in Israel at present, Weebit’s team and operations in the country continue to deliver against its plans. Unfortunately, this is not the first time we have faced a situation like this, and we have well-thought-out contingency plans in place to minimise disruptions to our operations.
“Weebit Nano has had an exceptional start to FY24, signing a commercial agreement with a Tier-1 foundry and qualifying our embedded ReRAM for automotive grade 1 temperatures. Importantly, we remain on track to receive initial revenues this calendar year. We are executing against both our technical and commercial roadmaps, and as the global leading independent provider of ReRAM, we are well positioned to sign new licensing agreements with partners and customers over the coming months.
“Our October licensing agreement with Tier-1 foundry DB HiTek in South Korea further validates the quality of our embedded ReRAM, which offers enhanced performance and power efficiency over existing flash technology with the added benefit of being easier and cheaper to manufacture. DB HiTek is a well-known leading foundry in the analog domain. The agreement will enable DB HiTek customers to embed a more advanced memory into their next generation consumer, industrial, and IoT products. We are moving quickly and have commenced transferring our ReRAM to a DB HiTek production facility, to be followed by qualification in its 130nm process.
“In addition to our agreement with DB HiTek, we are gaining momentum in our ongoing negotiations and evaluations with other leading foundries, integrated device manufacturers (IDMs) and semiconductor companies. Qualification at high temperatures and endurance levels caters to increased interest in our ReRAM for automotive applications; and is supporting our discussions with these companies. We are now working to qualify our technology at automotive temperatures in SkyWater’s US fab.
“We are incredibly proud of our addition to the ASX 200 Index, reflecting our increased market capitalisation and significant commercialisation progress over the past two years. While this achievement has temporarily increased instability on our register, as is common when stocks enter a new ASX index and a period of shorting ensues, we remain focused on delivering long-term value for shareholders by meeting our commercial roadmap milestones. We are as confident as ever about our ability to meet demand for fast, more efficient memory technology as ReRAM grows to account for about a third of the rapidly growing embedded emerging NVM market.
“Lastly, we welcomed highly experienced entrepreneur Naomi Simson to the Weebit Board, further strengthening our governance credentials. Naomi’s extensive corporate marketing expertise will be invaluable as we ramp-up our customer engagement.”

......... and lots more follows