Weebit Nano Ltd. · ASX:WBT
Weebit Nano — Investor Presentation (March 2024)
30 slides from Weebit Nano's investor presentation, Mar 18, 2024
Slide 1: We’ve Got What it Takes
We’ve Got What it Takes March 2024 Investor Presentation
Slide 2: Introduction
Introduction Weebit Nano Proprietary 2
Slide 3: Weebit: Leading Vendor of ReRAM IP
Weebit: Leading Vendor of ReRAM IP Advanced Non-Volatile Memory (NVM) Now Entering Production Multiple licensing deals Global NVM Market* (US $B) Founded: 2015 Licensed to 2 foundries, ongoing Located: Israel & France 164.79 discussions & evaluations with ASX: WBT other foundries and customers 11.76
Slide 4: Strong Board With World-renowned Semiconductor Industry Experience
Strong Board With World-renowned Semiconductor Industry Experience David (Dadi) Perlmutter Dr. Yoav Atiq Raza Naomi Simson Ashley Krongold Coby Hanoch Nissan-Cohen NON-EXEC. NON-EXEC. NON-EXEC. CEO CHAIRMAN EXEC. DIRECTOR DIRECTOR DIRECTOR DIRECTOR Copyright 2024 Weebit Nano, Ltd. 4
Slide 5: Strong & Experienced Management
Strong & Experienced Management Coby Hanoch Ishai Naveh Ilan Sever Amir Regev Issachar Eran Briman Alla Felder CEO CTO VP R&D VP QUALITY & Ohana VP MARKETING & CFO RELIABILITY CRO BUSINESS DEV. Copyright 2024 Weebit Nano, Ltd. 5
Slide 6: Introducing Weebit’s New Chief Revenue Officer
Introducing Weebit’s New Chief Revenue Officer IP industry veteran Issachar Ohana to drive sales as company focuses on revenue generation Responsible for driving and maximizing growth for Weebit ReRAM with global customers and partners Will lead the sales organization as Weebit’s business continues
Slide 7: Weebit ReRAM Memory Inherent Advantages
Weebit ReRAM Memory Inherent Advantages 100x ~100x ~100x 3-4x Better endurance More energy efficient Faster programming Lower added wafer vs. flash vs. flash time than flash cost vs. flash 105-106 P/E cycles Low voltage, low currents 2-mask adder Bit/byte addressable Zero standby power Standard mate
Slide 8: Weebit ReRAM Addresses a Broad Range of Application Requirements
Weebit ReRAM Addresses a Broad Range of Application Requirements Mixed-Signal / Aerospace Medical IoT / MCUs Edge AI Automotive Power Mgmt & Defense Wireless Wearables; Security ECUs for Flight safety Implantables; Example Applications: charging; Smart cards cameras; sensors & systems; Hearables; Mo
Slide 9: Recent Achievements
Recent Achievements Weebit Nano Proprietary 9
Slide 10: Significant Progress in Recent 12 Months
Significant Progress in Recent 12 Months Research shows Weebit ReRAM Licensed ReRAM Received first insensitive to to Top-tier GlobalFoundries 22FDX® ionizing radiation foundry DB HiTek wafers; functional MAR 2023 JUL 2023 OCT 2023 NOV 2023 NOV 2023 FEB 2024 Weebit ReRAM Weebit ReRAM fully Demonstrat
Slide 11: Major Operational Advancements in the Last 12 Months
Major Operational Advancements in the Last 12 Months Driving Shareholder Value Creation Raised further Weebit added to AU$60M; well Naomi Simson MSCI Global funded for future appointed to Small Cap Index growth Board FEB 2023 MAR 2023 APR 2023 JUL 2023 AUG 2023 NOV 2023 Weebit added Set up new Board
Slide 12: Robust Performance under Extended Automotive Conditions
Robust Performance under Extended Automotive Conditions Weebit ReRAM demonstrates high reliability and endurance at extreme temperatures and after extensive cycling Already qualified: Weebit ReRAM module in SkyWater S130 is fully qualified up to 125°C, temperature specified for Grade-1 automotive No
Slide 13: Second Foundry to Adopt Weebit ReRAM; 1st License to a Tier-1 Foundry
Second Foundry to Adopt Weebit ReRAM; 1st License to a Tier-1 Foundry A global top-10 foundry HQ in South Korea One of world’s top-tier foundries for analog & power ICs Annual revenue of US$1.3 billion DB HiTek licensed Weebit ReRAM for its customers to integrate as NVM in their designs Target
Slide 14: Live ReRAM Demo on GlobalFoundries’ 22FDX® Platform
Live ReRAM Demo on GlobalFoundries’ 22FDX® Platform Weebit ReRAM Demo at Embedded World 2024 Weebit will show live ReRAM demo on GlobalFoundries’ 22FDX® platform Shows ReRAM is a viable solution in this advanced geometry where embedded flash can’t scale Highlights some of the many advantages of Weeb
Slide 15: Huge Opportunities Ahead
Huge Opportunities Ahead Weebit Nano Proprietary 15
Slide 16: The Global Semiconductor Industry is Projected to be a Trillion Dollar Industry by 2030
The Global Semiconductor Industry is Projected to be a Trillion Dollar (USD) Industry by 2030 Short-term Opportunities for ReRAM Mid- to long-term opportunities for ReRAM Source: https://www.mckinsey.com/industries/semi conductors/our-insights/the-semiconductor- decade-a-trillion-dollar-industry Cop
Slide 17: Significant Market Opportunity for ReRAM Products
Significant Market Opportunity for ReRAM Products 120 Discrete Memory Memory 84 130 Potential Market 185 Logic 173 177 76 Micro 71 79 89 Embedded Memory Analog 84 89 Potential Market 46 Optoelectronics 46 44 38 Non-Memory Discrete 36 34 22 Sensors 20 22 Source: WSTS May 2023 2024 2023 2022 Numbers i
Slide 18: Embedded NVM Market in Need of New Technology
Embedded NVM Market in Need of New Technology Embedded flash is running out of steam One challenge is the need of a new memory technology that combines the best features of current memories in a fabrication technology compatible with CMOS process flow and that can be scaled beyond the present limits
Slide 19: ReRAM is Emerging as The Leading Solution
ReRAM is Emerging as The Leading Solution The embedded emerging NVM market is expected to reach $2.7B by 2028, with ReRAM expected to represent 37%* Total Embedded ReRAM Market (in $M)* Market Volume in # of Eq. 12" $993 Wafers 2028* 131% CAGR ReRAM: 60% Embedded ReRAM 2023-2028 of wafer $418 volume
Slide 20: ReRAM at the Heart of the Edge AI Revolution
ReRAM at the Heart of the Edge AI Revolution Today’s 2 chip solution Autonomous Security/ Higher CPU I/Os Driving Surveillance performance: NVM (Flash) faster response, System RAM SRAM better endurance AI Engine Ultra-low power: significant effect on Medical Devices battery life Higher density
Slide 21: Every Foundry Deal Represents Multiple Customer Opportunities
Every Foundry Deal Represents Multiple Customer Opportunities FOUNDRY FOUNDRY Coming Coming Soon Soon FOUNDRY FOUNDRY Copyright 2024 Weebit Nano, Ltd. 21
Slide 22: Every Foundry Deal Represents Multiple Customer Opportunities
Every Foundry Deal Represents Multiple Customer Opportunities FOUNDRY FOUNDRY Coming Coming Soon Soon FOUNDRY FOUNDRY Product Company Copyright 2024 Weebit Nano, Ltd. 22
Slide 23: IP Business Model
IP Business Model Process IP Foundry License + NRE $ Royalties $ $ $ $ Copyright 2024 Weebit Nano, Ltd. 23
Slide 24: IP Business Model
IP Business Model Process IP Foundry License + NRE $ $ Royalties $ $ $ $ Royalties Paid directly to Weebit Royalties License + NRE or through Foundry Product Company Copyright 2024 Weebit Nano, Ltd. 24
Slide 25: What’s coming next?
What’s coming next? Weebit Nano Proprietary 25
Slide 26: Progressing with Foundries, IDMs and Product Companies
Progressing with Foundries, IDMs and Product Companies In different levels of evaluation/negotiation with most Top-10 Integrated Device Top-10 Foundries* of the top foundries and IDMs Manufacturers (IDMs)(1) Increasingly moving from technical 1 TSMC 1 Samsung evaluations to business discussions 2 Sa
Slide 27: Weebit Nano Key Targets for FY24
Weebit Nano Key Targets for FY24 Revenues Fab Partners Customers Increase revenues from Sign more agreements; Finalize Close licensing licensing and NRE tech transfer with DB HiTek agreements Qualification Continue R&D Scaling Technology Continue drive to qualify at Further technical enhancements Co
Slide 28: We’ve Got What it Takes
We’ve Got What it Takes Copyright 2024 Weebit Nano, Ltd. 28
Slide 29: We’ve Got What it Takes
We’ve Got What it Takes On-going ReRAM enhancements Technical Team w/ Experienced & Production History Focused Management Custom products Strong Investor Robust roadmap Well Funded Base for Success Copyright 2024 Weebit Nano, Ltd. 29
Slide 30: Thank You!
Thank You! www.weebit-nano.com