Weebit Nano Ltd. · ASX:WBT
Weebit Nano — Investor Presentation (March 2025)
31 slides from Weebit Nano's investor presentation, Mar 24, 2025
Slide 1: 2025: Preparing for Rapid Growth
For personal use only 2025: Preparing for Rapid Growth March 2025
Slide 2: Introduction
For personal use only Introduction Weebit Nano Proprietary 2
Slide 3: Weebit Overview: Leading Vendor of ReRAM IP
Weebit Overview: Leading Vendor of ReRAM IP Advanced Non-Volatile Memory (NVM) Now Entering Production For personal use only Founded: 2015 Multiple commercial deals Located: Israel & France Including tier-1 IDM onsemi; 50 personnel(1) (90% ongoing discussions/evals with >20 engineers/scientists; 13
Slide 4: Semiconductors Represent an Incredible Global Opportunity
Semiconductors Represent an Incredible Global Opportunity Semiconductors are everywhere, driving world markets * For personal use only Most of the world’s top companies design or make semiconductors2 1. Microsoft 2. Apple 3. Nvidia 4. Alphabet 5. Amazon 6. Meta 7. Berkshire Hathaway 8. Eli Lilly 9.
Slide 5: Investment in Semiconductors Ramping up Globally
Investment in Semiconductors Ramping up Globally A growing opportunity for IP solutions A record number of new fabs are coming Fab costs are skyrocketing; even the largest For personal use only online over the next couple of years1 product companies license IP and use foundries3 Samsung Taylor, 3nm;
Slide 6: A Brief History of Non-Volatile Memory (NVM)
A Brief History of Non-Volatile Memory (NVM) For personal use only ~2010 2024 Today ~2020 Flash Scaling Issues Alternatives Emerge Superior ReRAM is Chosen Choices Narrow Known Tech Wins Flash Replacement FeRAM MRAM MRAM MRAM Mass Magnetic CBRAM Production Issues The only ReRAM independent PCM ReRAM
Slide 7: Weebit ReRAM Advantages
Weebit ReRAM Advantages For personal use only 3-4x 10x ~100x <28nm Lower added wafer cost Better endurance More energy efficient Scales to processes far vs. embedded flash vs. embedded flash vs. embedded flash below limits of flash ✓ 2-mask adder (vs. ~10) ✓ Low voltage, low current ✓ Proven @ 28nm
Slide 8: The Weebit Journey
The Weebit Journey STARTUP R&D COMMERCIALISATION SCALING UP For personal use only 2015 2018 2021 • Weebit founded • Leti agreement to • 1st foundry SkyWater 2016 • Engaged CEA-Leti as accelerate commercialisation • 1Mb array at 40nm • 1st embedded ReRAM module 2025 R&D partner • 1st packaged chips 2
Slide 9: Heading for the Tornado
Heading for the Tornado For personal use only Base image courtesy of https://www.business-to-you.com/crossing-the-chasm-technology-adoption-life-cycle/ Weebit Nano Proprietary 9
Slide 10: Strong Board with World-renowned Semiconductor Industry Experience
Strong Board with World-renowned Semiconductor Industry Experience For personal use only David (Dadi) Dr. Yoav Atiq Raza Naomi Simson Ashley Krongold Anne Templeman- Coby Hanoch Perlmutter Nissan-Cohen NON-EXEC. NON-EXEC. Jones NON-EXEC. CEO CHAIRMAN NON-EXEC. DIRECTOR DIRECTOR DIRECTOR DIRECTOR NON
Slide 11: Strong and Experienced Management
Strong and Experienced Management For personal use only Coby Hanoch Alla Felder Ishai Naveh Ilan Sever Lilach Zinger Issachar Eran Briman Ohana CEO CFO CTO VP R&D VP CUSTOMER CRO VP MARKETING & SUCCESS BUSINESS DEV. Weebit Nano Proprietary 11
Slide 12: Recent Achievements
For personal use only Recent Achievements Weebit Nano Proprietary 12
Slide 13: Major Recent Corporate Advancements
Major Recent Corporate Advancements Think like an ASX100 company For personal use only AUG NOV JUN JUL OCT NOV DEC 2023 2023 2024 2024 2024 2024 2024 GOVERNANCE FINANCE RESEARCH GOVERNANCE RESEARCH FINANCE GOVERNANCE Naomi Simson Received first IP MST access Yoav Nissan- Unified Capital Closed A$50M
Slide 14: Continued Technical Progress in Last Months
Continued Technical Progress in Last 12 Months For personal use only APRIL 2024 JAN 2025 MAR 2025 Demonstrated ReRAM Licensed ReRAM to Completed AEC-Q100 module prototype on onsemi for its 150°C operation GlobalFoundries advanced Treo qualification 22FDX® wafers platform JULY 2024 MAR 2025 Taped out
Slide 15: onsemi Licenses Weebit ReRAM IP
onsemi Licenses Weebit ReRAM IP Another proof point that ReRAM is the leading NVM choice for foundries/IDMs For personal use only First Weebit ReRAM license to a top-tier Integrated Device Manufacturer (IDM) Currently being integrated into onsemi’s Treo platform onsemi provides intelligent power and
Slide 16: Weebit ReRAM in Automotive
Weebit ReRAM in Automotive Increasing number of semiconductors per car Completed AEC-Q100 150°C Operation Qualification For personal use only ~1,000 - 3,000 per car; an electric Audi or Volkswagen contains up to 8,000* Key to getting designed into automotive MCUs & other components Automotive in nee
Slide 17: ReRAM Driving Innovation for Edge AI and Future Neuromorphic Compute
ReRAM Driving Innovation for Edge AI and Future Neuromorphic Compute CPU I/Os For personal use only CPU I/Os In-Memory-Compute System SRAM AI Engine CPU I/Os System SRAM NVM (ReRAM) AI Engine System SRAM SRAM Future ReRAM-based Neuromorphic AI Engine Computing ReRAM-based Near-Memory Systems: mimic
Slide 18: New Demo Shows Advantages of ReRAM for Edge AI
New Demo Shows Advantages of ReRAM for Edge AI Embedded AI Systems (EMASS) demonstrated ReRAM ReRAM Advantages for AI advantages via ultra-low-power system for gesture recognition For personal use only >50X power advantage Potential applications: wearables, smart home, human- machine interfaces >10X
Slide 19: Huge Opportunities Ahead
For personal use only Huge Opportunities Ahead Weebit Nano Proprietary 19
Slide 20: Addressing Fast-Growing Semiconductor Markets
Addressing Fast-Growing Semiconductor Markets >US$200 Billion TAM in Customer Markets For personal use only Power Management ICs Automotive Semiconductors $61.7B by 2032 Mixed-Signal $97B by 2029 6.9% CAGR Power Management 11.9% CAGR Automotive IoT Microcontrollers IoT / MCUs Semiconductor Aerospace
Slide 21: Emerging NVMs Growing Steadily
Emerging NVMs Growing Steadily Emerging Memory Revenues 2023-2034 (US$M)* $80,000 For personal use only $70,000 59% CAGR $60,000 2023-2034 $50,000 $40,000 $30,000 $20,000 $10,000 $0 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 * Source: A Deep Look at New Memories, Objective Analysis
Slide 22: IP Business Model – Foundries & Fabless
IP Business Model – Foundries & Fabless Benefits of IP Model Foundry Process IP Low COGS For personal use only Direct costs are License + NRE $ associated with supporting and maintaining IP $ Royalties $ No inventory $ Royalties Design IP $ $ High gross and Paid directly to Weebit operating margins
Slide 23: IP Business Model – Benefits with IDMs
IP Business Model – Benefits with IDMs IDMs design, manufacture and For personal use only $ Upfront license fees sell their own devices $ Enablement fee (NRE) Develop products quickly for target end markets IDM $ Royalties (% of chip ASP) Can integrate IP in multiple designs / products $ Annual S&M
Slide 24: Every Foundry Deal Represents Multiple Customer Opportunities
Every Foundry Deal Represents Multiple Customer Opportunities For personal use only Coming Soon FOUNDRIES … Coming Soon IDMs → Product Company → Products/Product Lines Weebit Nano Proprietary 24
Slide 25: What's Coming Next?
For personal use only 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 of the top foundries and IDMs For personal use only Increasingly moving from technical Leading Foundries and Integrated Device Manufacturers* evaluations to business discussions Making prog
Slide 27: Scaling to Support Multiple Customers
Scaling to Support Multiple Customers New VP Customer Success – team created to fill a vital need in coming years The coming few years are pivotal for Weebit For personal use only Support multiple fab projects in parallel Introducing Lilach Zinger – VP Support rapidly growing number of product compa
Slide 28: We've Got What it Takes
We’ve Got What it Takes State-of-the-art ReRAM requires intimate cooperation between the different disciplines For personal use only Precise characterization and rigorous testing ensure continuous improvements Device Test and characterisation team enables fast adjustments → higher reliability/yield
Slide 29: Weebit Nano Key Targets Until End CY 2025
Weebit Nano Key Targets Until End CY 2025 For personal use only Fabs Products Qualification Three new Three new Complete licensing agreements with qualification at agreements product companies DB HiTek Delivering on these milestones will continue to cement Weebit’s position as the leading independen
Slide 30: 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 31: Thank You!
Thank You! www.weebit-nano.com www.weebit-nano.com For personal use only