Weebit Nano Ltd. · ASX:WBT
Weebit Nano — Non-Deal Roadshow (February 2023)
22 slides from Weebit Nano's roadshow presentation, Feb 27, 2023
Slide 1: ReRAM: The Next NVM is Here
ReRAM: The Next NVM is Here US roadshow February/March 2023
Slide 2: Who we are
Who we are Leading developer of innovative memory technologies Bringing to market Weebit ReRAM – next-generation NVM(1) technology Enabling a new era of intelligent connected devices Founded: 2015 Signed 1st commercial deal Global NVM Market (US $B) Located in Israel & France Ongoing discussions / e
Slide 3: World-renowned leadership
World-renowned leadership BOARD MANAGEMENT David Dr. Yoav Atiq Raza Coby Hanoch Amir Regev Perlmutter Nissan-Cohen NON-EXEC. CEO Ishai Naveh VP Technology Ilan Sever Eran Briman Alla Felder CHAIRMAN EXEC. DIRECTOR DIRECTOR CTO Development VP R&D VP Marketing & BD CFO Served as Executive Received his
Slide 4: Memory at the forefront of global investment in semiconductors
Memory at the forefront of global investment in semiconductors Government Investments & Incentives Geopolitics driving countries to invest $52B + 8 new fabs locally in semiconductors US CHIPS Act & EU Chips Act to boost US CHIPS Act $43B + 4 new fabs new fab construction, advanced R&D in these regio
Slide 5: Weebit ReRAM memory has inherent advantages vs. Flash memory
Weebit ReRAM memory has inherent advantages vs. Flash memory 3-4x 100x ~100x <40nm Lower added wafer cost Better endurance More energy efficient Scales to processes far vs. flash vs. flash vs. flash below limits of flash ✓ 2-mask adder ✓ Low voltage, low currents ✓ Proven @ 28nm ✓ 105-106 P/E cycles
Slide 6: Weebit is addressing both segments of the Non-Volatile Memory market
Weebit is addressing both segments of the Non-Volatile Memory market Embedded Memory Discrete Memory Chip Part of an SoC Contains only memory (System-on-a-Chip) Embedded Memory ▪ Embedded memory modules (with ReRAM IP): ▪ Discrete (stand-alone) memory chips: immediate opportunity short/mid-term oppo
Slide 7: Embedded ReRAM market segment – approaching the tipping point
Embedded ReRAM market segment – approaching the tipping point Embedded ReRAM Market Size 2021 - 2027 $957m The embedded emerging NVM market is expected to reach $3B by 2027(1) 94% ReRAM expected to capture 33% market share CAGR This estimate is solely based on the embedded NVM within the MCU market
Slide 8: Foundry-centric IP business model for embedded market
Foundry-centric IP business model for embedded market Foundry offers the IP to customers; collects up-front use fees from customers Foundry pays royalties based on % of wafer price $ License fee Product $ Process NRE Foundries $ ReRAM use fees Companies $ Royalties $ Wafer cost $ Use fees Intel, Glo
Slide 9: Discrete market segment opportunity
Discrete market segment opportunity The discrete (standalone chips) NVM market is very broad; numerous opportunities for Weebit ReRAM Market Applications Opportunity Weebit Advantages Timeline $2B in 2021 ✓ Die size EEPROM(1) IoT, Medical, A&D Short-term 1% CAGR 2021-2027 ✓ Cost ✓ Ultra-low-power op
Slide 10: Weebit ReRAM addresses a broad range of application requirements
Weebit ReRAM addresses a broad range of application requirements Mixed-Signal / Aerospace IoT / MCUs Edge AI Automotive Power Mgmt & Defense Wireless charging; Wearables; Security cameras, ECUs for sensors Flight safety Example Applications Motor control Smart cards Industrial & controllers systems;
Slide 11: ReRAM adoption is underway in large end markets
ReRAM adoption is underway in large end markets Automotive ICs Power Management chips (PMICs) Wireless charging, motor control, and others Weebit ReRAM Advantages vs Flash ✓ Safety, security, longevity Weebit ReRAM Advantages vs. Flash ✓ Reliable in extreme temps, EMI, vibration, ✓ Embedded flash re
Slide 12: Significant recent progress
Significant recent progress JAN 2023 Taped out first NOV 2022 demo chip in First production- advanced OCT 2022 fab wafers 22nm FD-SOI Final qualification integrating process OCT 2022 of ReRAM IP Weebit IP ReRAM selector module. JUN 2022 can achieve Industrial-grade ReRAM IP high densities temperatur
Slide 13: Successfully completed ReRAM memory module qualification
Successfully completed ReRAM memory module qualification Qualification is a key step for every semiconductor product on each new target process Major milestone using Weebit’s ReRAM memory module Commercial Traction produced at CEA-Leti Based on results, Qualified wafers to Weebit ReRAM is industry s
Slide 14: SkyWater taking Weebit ReRAM to volume production
SkyWater Technology (Nasdaq:SKYT) – only US-owned pure-play silicon foundry – taking Weebit ReRAM to volume production First Weebit ReRAM wafers from a production fab We are here September 2021 June 2022 July 2022 November 2022 1H 2023 Customer wafers Signed agreement Completed Tape-out of Received
Slide 15: Selector technology development: key for high-density NVMs
Selector technology development: key for high-density NVMs Selector is a strategic R&D effort for Weebit and CEA-Leti Enabling high-capacity memory arrays while keeping size and power requirements to a minimum Will enable 3D ReRAM in the future Discrete chips need higher densities than can be achiev
Slide 16: Taped out Weebit ReRAM demo chip to GF 22nm
Taped out Weebit ReRAM demo chip to GF 22nm Addresses the need for new NVM at one of the industry’s most common process nodes On-time tape-out of ReRAM IP module in GlobalFoundries’ 22FDX™ FD-SOI (fully depleted silicon on insulator) platform FD-SOI: high performance at very low voltage/ low leakage
Slide 17: Weebit is engaged with most top-10 foundries and IDMs
Weebit is engaged with most top-10 foundries and IDMs Top-10 Integrated Device Top-10 Foundries* Manufacturers (IDMs)(1) 1 TSMC 1 Samsung In different levels of 2 Samsung 2 Intel discussion/ evaluation with most of the top fabs 3 UMC 3 SK Hynix 4 GlobalFoundries 4 Micron Expect to sign an 5 SMIC 5 T
Slide 18: Weebit ReRAM: Greener non-volatile memory
Weebit ReRAM: Greener non-volatile memory NVM Environmental Impact Examples Water Use Resource use, minerals & metals ReRAM Process -41.6% -53.5% MRAM Process * Source: Non-Volatile Memory Lifecycle Analysis completed by CEA-Leti Q4 2022 ReRAM has a lower carbon footprint vs. flash and MRAM No i
Slide 19: Weebit Nano key targets for 1H23
Weebit Nano key targets for 1H23 SkyWater Fab Partners Customers Conclude qualification of Sign with a Tier-1 fab Close initial agreements embedded ReRAM module Automotive Continue R&D Scaling 22nm Qualify the technology for Further technical Continue scaling the automotive conditions enhancements t
Slide 20: Key takeaways
Key takeaways Weebit ReRAM: The Next NVM is Here! Weebit ReRAM has Making strong tech Board & mgmt. Weebit is on track to The industry needs unique advantages; progress: 1st wafers have extensive deliver a production a new Non-Volatile is well positioned to from a production semiconductor solution a
Slide 21: Disclaimer
Disclaimer This presentation contains certain statements that constitute forward-looking statements. Examples of such statements include, but are not limited to, statements regarding the design, scope, initiation, conduct and results of our research and development programs; our plans and objectives
Slide 22: Thank You!
Thank You! www.weebit-nano.com