Weebit Nano Ltd. · ASX:WBT
Weebit Nano — Investor Presentation (November 2023)
32 slides from Weebit Nano's investor presentation, Nov 21, 2023
Slide 1: We've Got What it Takes
For personal use only We’ve Got What it Takes November 2023 Investor Presentation
Slide 2: Introduction
For personal use only 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 For personal use only Multiple licensing deals Global NVM Market* (US $B) Founded: 2015 Licensed to 2 foundries, ongoing Located: Israel & France 124 discussions & evaluations with ASX: WBT other foundries
Slide 4: Strong Board With World-renowned Semiconductor Industry Experience
Strong Board With World-renowned Semiconductor Industry Experience For personal use only 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 2023 Weebit Nano, L
Slide 5: Strong & Experienced Management
Strong & Experienced Management For personal use only Coby Hanoch Ishai Naveh Amir Regev Ilan Sever Eran Briman Alla Felder CEO CTO VP QUALITY & VP R&D VP MARKETING & CFO RELIABILITY BUSINESS DEV. Copyright 2023 Weebit Nano, Ltd. 5
Slide 6: Weebit ReRAM Memory Inherent Advantages
Weebit ReRAM Memory Inherent Advantages 100x ~100x For personal use only ~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 stand
Slide 7: Weebit ReRAM Addresses a Broad Range of Application Requirements
Weebit ReRAM Addresses a Broad Range of Application Requirements For personal use only 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 &
Slide 8: Recent Achievements
For personal use only Recent Achievements Weebit Nano Proprietary 8
Slide 9: Significant Progress on the Commercialisation Path
Significant Progress on the Commercialisation Path For personal use only Research shows Weebit Weebit ReRAM ReRAM Weebit ReRAM fully insensitive to qualified qualified 125⁰C in ionizing radiation at 125⁰C SkyWater S130 NOV 2022 MAR 2023 JUN 2023 JUL 2023 OCT 2023 NOV 2023 NOV 2023 First production-
Slide 10: Major Operational Advancements in the Last Months
Major Operational Advancements in the Last 12 Months Driving Shareholder Value Creation For personal use only Raised further Weebit added to US$40M; 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 SEP 2023 Weebit
Slide 11: 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 For personal use only ❖ Annual revenue of US$1.3 billion DB HiTek licensed Weebit ReRAM for its customers to integrate as NVM i
Slide 12: Weebit ReRAM Scaling to Advanced Nodes
Weebit ReRAM Scaling to Advanced Nodes Received first wafers manufactured in GlobalFoundries’ 22nm FD-SOI (fully depleted silicon on insulator) platform 130nm For personal use only Wafers are functional, going through further testing Weebit ReRAM + FD-SOI is ideal for low-power 28nm Decreased cost;
Slide 13: Weebit ReRAM Achieves High-Temp Qualification in SkyWater's S130 Process
Weebit ReRAM Achieves High-Temp Qualification in SkyWater’s S130 Process ReRAM module fully qualified for automotive grade 1 temperatures Opens a broad range of new opportunities For personal use only Qualified module up to 125°C, Demonstrates suitability for use in Based on qual results, Weebit the
Slide 14: Huge Opportunities Ahead
For personal use only Huge Opportunities Ahead Weebit Nano Proprietary 14
Slide 15: 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 For personal use only 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-trilli
Slide 16: Significant Market Opportunity for ReRAM Products
Significant Market Opportunity for ReRAM Products 120 Discrete Memory Memory 84 For personal use only 130 Potential Market 185 Logic 173 177 76 Micro 71 79 89 Embedded Memory Analog 84 Potential Market 89 46 Optoelectronics 46 44 38 Non-Memory Discrete 36 34 22 Sensors 20 22 Source: WSTS May 2023 20
Slide 17: Embedded NVM Market in Need of New Technology
Embedded NVM Market in Need of New Technology Embedded flash is running out of steam For personal use only 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 bey
Slide 18: 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%* For personal use only Total Embedded ReRAM Market (in $M)* Market Volume in # of Eq. 12" $993 Wafers 2028* 131% CAGR ReRAM: 60% Embedded ReRAM 2023-202
Slide 19: IP Business Model
IP Business Model Process IP Foundry For personal use only License + NRE $ Royalties $ $ $ $ Copyright 2023 Weebit Nano, Ltd. 19
Slide 20: IP Business Model
IP Business Model Process IP Foundry For personal use only License + NRE $ $ Royalties $ $ Royalties $ $ Paid directly to Weebit Royalties License + NRE or through Foundry Product Company Copyright 2023 Weebit Nano, Ltd. 20
Slide 21: Every Foundry Deal Represents Multiple Customer Opportunities
Every Foundry Deal Represents Multiple Customer Opportunities For personal use only FOUNDRY FOUNDRY Coming Coming Soon Soon FOUNDRY FOUNDRY Copyright 2023 Weebit Nano, Ltd. 21
Slide 22: Every Foundry Deal Represents Multiple Customer Opportunities
Every Foundry Deal Represents Multiple Customer Opportunities For personal use only FOUNDRY FOUNDRY Coming Coming Soon Soon FOUNDRY FOUNDRY → Product Company Copyright 2023 Weebit Nano, Ltd. 22
Slide 23: Typical Licensing Timeline
Typical Licensing Timeline It typically takes 3-4 years from foundry licensing deal until their customer starts mass production → royalties for Weebit Foundry For personal use only Up-front license fee Process NRE Time Varies $ ~6 months ~9 months ~6 months $ Tech eval Sign Complete Complete Complet
Slide 24: Potential Growth of our IP Business Model
Potential Growth of our IP Business Model Royalties take time to For personal use only pick up, but are almost 100% margins for Weebit NRE enables more foundries to manufacture our technology Licensing deals “plant the seeds” for future designs 2024 2025 2026 2027 2028 2029 2030 License Fees NRE Roy
Slide 25: We've Got What it Takes
We’ve Got What it Takes For personal use only Copyright 2023 Weebit Nano, Ltd. 25
Slide 26: We've Got What it Takes
We’ve Got What it Takes For personal use only On-going ReRAM enhancements Technical Team w/ Experienced & Production History Focused Management Custom products Strong Investor Robust roadmap Well Funded Base for Success Copyright 2023 Weebit Nano, Ltd. 26
Slide 27: What's coming next?
For personal use only What’s coming next? Weebit Nano Proprietary 27
Slide 28: SkyWater Taking Weebit ReRAM to Volume Production
SkyWater Taking Weebit ReRAM to Volume Production SkyWater Technology (Nasdaq:SKYT) is the only US-owned pure-play silicon foundry For personal use only Weebit CEO Coby Hanoch holding a SkyWater wafer, November 8, 2022 We are here SEP 2021 JUN 2022 MAR 2023 JUN 2023 Sign first end Customer Signed Co
Slide 29: DB HiTek Taking Weebit ReRAM to Volume Production
DB HiTek Taking Weebit ReRAM to Volume Production DH HiTek serves many of the world’s largest semiconductor companies For personal use only We are here OCT 2023 Complete Fully qualified Sign first end Customer Signed technology memory customer to wafers with agreement transfer to module integrate ou
Slide 30: Weebit is Engaged With Most Top-10 Foundries & IDMs
Weebit is Engaged With Most Top-10 Foundries & IDMs In different levels of Top-10 Integrated Device For personal use only Top-10 Foundries* evaluation/negotiation Manufacturers (IDMs)(1) with most of the top 1 TSMC 1 Samsung foundries / IDMs 2 Samsung 2 Intel Expect to sign more 3 UMC 3 SK Hynix agr
Slide 31: Weebit Nano Key Targets for FY24
Weebit Nano Key Targets for FY24 For personal use only Revenues Fab Partners Customers Increase revenues from Sign more agreements; Tech Close licensing licensing and NRE transfer/qual with DB HiTek agreements Qualification Continue R&D Scaling Technology Continue drive to qualify at Further technic
Slide 32: Thank You!
Thank You! www.weebit-nano.com For personal use only