Weebit Nano Ltd. · ASX:WBT
Weebit Nano — Investor Presentation (August 2023)
20 slides from Weebit Nano's investor presentation, Aug 1, 2023
Slide 1: ReRAM: Now in Commercialisation
ReRAM: Now in Commercialisation August 2023
Slide 2: Weebit: Leading Licensor of ReRAM IP
Weebit: Leading Licensor of ReRAM IP Advanced Non-Volatile Memory (NVM) Now Entering Production Signed 1st commercial deal Global NVM Market* (US $B) Founded: 2015 Ongoing discussions & Located: Israel & France 124 evaluations with additional ASX: WBT foundries and customers 10.7% CAGR 74.6 Greener
Slide 3: Meeting Milestones & Advancing Towards Sustained Growth
Meeting Milestones & Advancing Towards Sustained Growth 2023 → 2024 ➢ Initial revenue by end of CY 2023 Weebit ReRAM Research shows Weebit ReRAM shown to be Weebit ReRAM fully qualified in ➢ Sign a Tier-1 fab more ecofriendly insensitive to SkyWater S130 ➢ Close initial than MRAM ionizing radiation
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 Mark Licciardo Ashley Krongold Coby Hanoch Nissan-Cohen NON-EXEC. NON-EXEC. NON-EXEC. CEO CHAIRMAN EXEC. DIRECTOR DIRECTOR DIRECTOR DIRECTOR Copyright 2023 Weebit Nano, Ltd. 4
Slide 5: Strong & Experienced Management
Strong & Experienced Management Coby Hanoch Ishai Naveh Amir Regev Ilan Sever Eran Briman Alla Felder CEO CTO VP TECH. VP R&D VP MARKETING & CFO DEVELOPMENT BUSINESS DEV. Copyright 2023 Weebit Nano, Ltd. 5
Slide 6: AI at the Edge is Driving the Need for New Memory Technologies
AI at the Edge is Driving the Need for New Memory Technologies AI/ML training and inference models continue to AI inference is increasingly local (edge), driven by: increase in size & sophistication → Need higher density ▪ Power efficiency embedded memories, in more advanced process nodes ▪ Ultra-lo
Slide 7: 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: 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 opportun
Slide 10: Embedded ReRAM Market – Approaching the Tipping Point
Embedded ReRAM Market – Approaching the Tipping Point The embedded emerging NVM market is expected to reach $2.7B by 2028, with ReRAM expected to represent 37%* Total MCU shipped units by 2028* Market Volume in # of Eq. 12" Without embedded emerging Wafers 2028* NVM 97% With embedded emerging NVM 3%
Slide 11: 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 Process NRE Royalties from customer Use fees Use fees Design NRE Annual support & maintenance Product Found
Slide 12: 3-Way Business Model
❖ License fees and royalties 3-Way Business Model directly depend on memory size, technology type, # of instances, # of uses and other parameters ❖ Non-Recurring Engineering (NRE) is contingent on specific scope of work Foundries Product Companies Silicon wafers Wafer cost (including ReRAM) Copyrigh
Slide 13: Weebit ReRAM Fully Qualified for Automotive-grade Temperatures
Weebit ReRAM Fully Qualified for Automotive-grade Temperatures Major milestone using Weebit’s ReRAM memory module produced at CEA-Leti Qualified module up to 125°C, Demonstrates the suitability of Based on qual results, Weebit the temperature specified for Weebit ReRAM for use in: ReRAM is being eva
Slide 14: 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 Weebit CEO Coby Hanoch holding a SkyWater wafer, November 8, 2022 We are here SEP 2021 JUN 2022 JUL 2022 MAR 2023 JUN 2023 Sign first end Customer Signed Completed Tape-
Slide 15: Weebit ReRAM Scaling to Advanced Nodes
Weebit ReRAM Scaling to Advanced Nodes Clear opportunities for NVM at 22nm and below 130nm Existing embedded flash technology is not a viable option Serving various applications including IoT, 5G and AI 28nm Decreased cost; Increased density Fully qualified and production ready in Recent development
Slide 16: 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 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 an 3 UMC 3 SK Hynix agreement with a top manufa
Slide 17: 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 NVSRAM and $2B in 2021 ✓ Die size IoT, Medical, A&D Short-term EEPROM(1) 1% CAGR 2021-2027 ✓ Cost ✓ Ultra-l
Slide 18: Weebit Nano Key Targets for CY23
Weebit Nano Key Targets for CY23 Initial Revenue Fab Partners Customers By end of CY 2023 Sign with a Tier-1 fab Close initial agreements Qualification Continue R&D Scaling to 22nm Qualify technology for Further technical enhancements & below even higher endurance to ReRAM cell and Continue scaling
Slide 19: Weebit ReRAM: The Next NVM is Here!
Weebit ReRAM: The Next NVM is Here! The industry needs Weebit ReRAM Strong tech Board & Multiple customer a new Non-Volatile has unique progress: management team engagements Memory solution: advantages; well completed 3 full have extensive underway; Lower-power, positioned to qualifications semicond
Slide 20: Thank You!
Thank You! www.weebit-nano.com