Weebit Nano Limited (WBT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, good afternoon and welcome to the WeBitNano Meet the CEO Investor webinar. My name is Danny Younis and I help with investor relations for WeBit. With me this afternoon, in fact, in the morning in Tel Aviv, we have the CEO of WeBit, Kobi Hanock. Hi, Danny. Before I hand over to Kobi, just to note that we'll be having a Q&A session at the end. If you have any questions, please type them into the Q&A box at the bottom of the screen. We're expecting a lot of questions to come through, so preference will be given to questions with a name attached to them rather than anonymously. I would now like to hand the webinar over to Kobi. Please go ahead. Hey, Danny, and hi, everyone. Good afternoon. I'm glad to have you all join our quarterly Meet the CEO. I think last quarter was really a great quarter. We've gone through a tough 2024, as everyone knows. trying to get deals done with some of these big foundries, big IDMs for a long time. It's been a challenge. And I'd actually like to, before I focus on the last quarter, I'd like to go through a little bit of history and a little bit of what's going on and where the market is actually. And many of you know, it's a long time ago, over 15 years ago, the market already realized that Flash is basically going to hit its limits. And since these technologies take so long to develop, there were a lot of attempts to develop a replacement for Flash. And, you know, in those days there was FE RAM, there was PCM with different variants of 3DX point and Optane, and there was MRAM and there was CBRAM and there was, you know, all kinds of technologies and of course, ReRAM. Over the years, what we saw is one by one, these technologies kind of fell off the table. There's always someone who's still trying to make things work, but in general, ...