WBT Discussion 2022
- Thread starter Deena
- Start date
DaBenjamins
Regular
Haven't had a look at the announcement Madx but could be the new Israeli Institution accumulating from a recent LinkedIn post by Coby.
Slymeat
Move on, nothing to see.
There’s a lot to like about the valuation in this report. Bring it on I say.
It will be nice to be back up in the $9 range someday.
Weebit Nano (ASX:WBT, A$2.30): Collaboration with Efabless
It will be nice to be back up in the $9 range someday.
Weebit Nano (ASX:WBT, A$2.30): Collaboration with Efabless
cosors
👀
PQC+RRAM
The content is probably a bit ~abstract for most of us, but it is certainly an interesting and very important use case. At the end of the interview, it is about PUF.
Mabe we mere mortals will all use it later without knowing what it's all about.
Robert Huntley
To discover some of the challenges ahead, EE Times Europe spoke with Shahram Mossayebi, CEO of Crypto Quantique (London), a quantum-driven cybersecurity company addressing the growing challenges of end-to-end IoT security.
Now that the post-quantum cryptographic (PQC) standards have been published, it’s easy to be lulled into thinking that implementing them is relatively straightforward. To discover some of the challenges ahead, EE Times Europe spoke with Shahram Mossayebi, CEO of Crypto Quantique (London), a quantum-driven cybersecurity company addressing the growing challenges of end-to-end IoT security.
EE TIMES EUROPE: PQC news has featured highly these past years, but with the recent publication of the final standards, interest appears to have waned. Are security experts quietly pushing ahead with PQC implementations, or are serious challenges ahead?
Crypto Quantique’s Shahram Mossayebi
Shahram Mossayebi: It will be a massive, monumental task on all industry fronts. From a semiconductor point of view, there needs to be all this new implementation, which has its own challenges from the side-channel attack [SCA] point of view, efficiency and memory management. Then you have to update all these pieces of hardware, which have a hardware security module [HSM]. I would give it five years. While new MCUs are coming out now with PQC capabilities inside them, there’s another massive challenge on the enterprise side, which not only relies on hardware to support the new algorithms for complete end-to-end security but also where there is a lot of software running old cryptographic algorithms that need to be found, managed and updated. The U.S. Cybersecurity and Infrastructure Security Agency has developed recommendations and tools for planning and implementing PQC algorithms, either for an interim move to a hybrid [classical and PQC] regime or for a fully PQC deployment.
EE TIMES EUROPE: Side-channel attacks are becoming an increasingly important aspect of any cybersecurity implementation. Adversaries are becoming even more devious and creative in mounting SCA vectors due to the widespread availability of low-cost online tools. Was resistance to SCA part of the PQC specification testing and selection process?
Mossayebi: Yes, side-channel attacks will be one of the sticking points in getting PQC algorithms running, but obviously, we’ve learned a lot from the past. While evaluating the PQC algorithm candidates, the U.S. National Institute of Standards and Technology [NIST] seriously considered SCA, with some algorithms being eliminated during the early stages. That was because we already knew the type of math the algorithms would use and that it would be impossible or tough to protect them against side-channel attacks. If you look within the FIPS 203, FIPS 204 and FIPS 205 standards, there is a side-channel attack section for some of them. NIST is already pointing out the types of side-channel attacks you must know when implementing these algorithms. There has been some excellent work already done on this topic, but in reality, you are implementing these standards on a piece of silicon with new code. It will take some time for people to figure out the safest design approach based on their studies and research.
EE TIMES EUROPE: Is implementing PQC algorithms purely a software challenge for enterprise systems compared with the difficulties with embedded systems?
Mossayebi: Most people might think that with enterprise systems, it’s just about the software, but in reality, it’s the software running on a piece of hardware, and when it comes to cryptography, there’s always the question of whether you have a safe environment to run your cryptography. First, do you have an HSM that supports PQC? Some HSMs may be easier to upgrade to support PQC than others. Google and some other cloud infrastructure providers have already started running TLS communications using PQC. Clearly, they have built that kind of HSM infrastructure, everything required behind the scenes and upgraded from classical cryptography. However, even when upgrading the software, from an enterprise infrastructure point of view, the public key infrastructure can be massive in such organizations, with many different certificates used for many things.
EE TIMES EUROPE: What are the challenges within the embedded domain, particularly for resource-constrained IoT devices like asset trackers?
Mossayebi: One aspect of PQC is how resource-intensive it is compared with the existing classical cryptographic systems in use today, not only from the compute perspective but also from the storage and bandwidth it requires. With the current cryptographic ecosystem, you only need bytes of memory compared with PQC, where the memory requirement jumps to hundreds of bytes or kilobytes, so suddenly it is a massive explosion. One of the good things happening in the industry and academia is exploring how you can integrate and implement PQC with a lower footprint for the IoT, whether it is a hybrid model or more optimized ways of implementing the algorithms. A trend is taking shape regarding how to address the issues of implementing PQC on resource-constrained devices.
The recently published PQC algorithms provide higher security margins but require greater memory allocation, processing power and bandwidth.
EE TIMES EUROPE: How is Crypto Quantique addressing the PQC challenge?
Mossayebi: We recognize that flash memory is expensive and hard to manage, especially as you go to lower process nodes. Using secure memory to store the secret keys required by the PQC algorithms could be very expensive and cumbersome, and this is one of the areas that our physical unclonable functions [PUFs] can address. We are working with some industry partners and universities to build instructions and infrastructure on the chips so that you can use a PUF, such as our PUF QD, to generate PQC keys with low latency and at high speed on the fly when you need them. In this way, you don’t need to store a large number of secret keys inside flash memory, and you can regenerate them anytime you need the secret key for the PQC algorithms. We are solving the memory issue associated with implementing PQC algorithms."
"The demand for electronic device authentication is growing sky-high due to the widespread use of IoT devices. An effective method for hardware-level device authentication is CMOS-based Physically Unclonable Function (PUF). Since CMOS technology is hitting the power and memory wall, emerging memory devices are becoming quite popular for designing lightweight novel PUFs. One of the intriguing PUF design alternatives is resistive random-access memory (ReRAM), which has attracted substantial research interest due to its inherent stochasticity, CMOS process compatibility, high-density integration, and non-volatility. Researchers have been working on ReRAM-based PUF with various design structures that use derivatives from device to circuit-level advancements, opening up a new pathway for developing novel ReRAM-based PUF design solutions every day."
The content is probably a bit ~abstract for most of us, but it is certainly an interesting and very important use case. At the end of the interview, it is about PUF.
Mabe we mere mortals will all use it later without knowing what it's all about.
"Post-Quantum Cryptography: Moving Forward
November 29, 2024Robert Huntley
To discover some of the challenges ahead, EE Times Europe spoke with Shahram Mossayebi, CEO of Crypto Quantique (London), a quantum-driven cybersecurity company addressing the growing challenges of end-to-end IoT security.
Now that the post-quantum cryptographic (PQC) standards have been published, it’s easy to be lulled into thinking that implementing them is relatively straightforward. To discover some of the challenges ahead, EE Times Europe spoke with Shahram Mossayebi, CEO of Crypto Quantique (London), a quantum-driven cybersecurity company addressing the growing challenges of end-to-end IoT security.
EE TIMES EUROPE: PQC news has featured highly these past years, but with the recent publication of the final standards, interest appears to have waned. Are security experts quietly pushing ahead with PQC implementations, or are serious challenges ahead?
Crypto Quantique’s Shahram Mossayebi
Shahram Mossayebi: It will be a massive, monumental task on all industry fronts. From a semiconductor point of view, there needs to be all this new implementation, which has its own challenges from the side-channel attack [SCA] point of view, efficiency and memory management. Then you have to update all these pieces of hardware, which have a hardware security module [HSM]. I would give it five years. While new MCUs are coming out now with PQC capabilities inside them, there’s another massive challenge on the enterprise side, which not only relies on hardware to support the new algorithms for complete end-to-end security but also where there is a lot of software running old cryptographic algorithms that need to be found, managed and updated. The U.S. Cybersecurity and Infrastructure Security Agency has developed recommendations and tools for planning and implementing PQC algorithms, either for an interim move to a hybrid [classical and PQC] regime or for a fully PQC deployment.
EE TIMES EUROPE: Side-channel attacks are becoming an increasingly important aspect of any cybersecurity implementation. Adversaries are becoming even more devious and creative in mounting SCA vectors due to the widespread availability of low-cost online tools. Was resistance to SCA part of the PQC specification testing and selection process?
Mossayebi: Yes, side-channel attacks will be one of the sticking points in getting PQC algorithms running, but obviously, we’ve learned a lot from the past. While evaluating the PQC algorithm candidates, the U.S. National Institute of Standards and Technology [NIST] seriously considered SCA, with some algorithms being eliminated during the early stages. That was because we already knew the type of math the algorithms would use and that it would be impossible or tough to protect them against side-channel attacks. If you look within the FIPS 203, FIPS 204 and FIPS 205 standards, there is a side-channel attack section for some of them. NIST is already pointing out the types of side-channel attacks you must know when implementing these algorithms. There has been some excellent work already done on this topic, but in reality, you are implementing these standards on a piece of silicon with new code. It will take some time for people to figure out the safest design approach based on their studies and research.
EE TIMES EUROPE: Is implementing PQC algorithms purely a software challenge for enterprise systems compared with the difficulties with embedded systems?
Mossayebi: Most people might think that with enterprise systems, it’s just about the software, but in reality, it’s the software running on a piece of hardware, and when it comes to cryptography, there’s always the question of whether you have a safe environment to run your cryptography. First, do you have an HSM that supports PQC? Some HSMs may be easier to upgrade to support PQC than others. Google and some other cloud infrastructure providers have already started running TLS communications using PQC. Clearly, they have built that kind of HSM infrastructure, everything required behind the scenes and upgraded from classical cryptography. However, even when upgrading the software, from an enterprise infrastructure point of view, the public key infrastructure can be massive in such organizations, with many different certificates used for many things.
EE TIMES EUROPE: What are the challenges within the embedded domain, particularly for resource-constrained IoT devices like asset trackers?
Mossayebi: One aspect of PQC is how resource-intensive it is compared with the existing classical cryptographic systems in use today, not only from the compute perspective but also from the storage and bandwidth it requires. With the current cryptographic ecosystem, you only need bytes of memory compared with PQC, where the memory requirement jumps to hundreds of bytes or kilobytes, so suddenly it is a massive explosion. One of the good things happening in the industry and academia is exploring how you can integrate and implement PQC with a lower footprint for the IoT, whether it is a hybrid model or more optimized ways of implementing the algorithms. A trend is taking shape regarding how to address the issues of implementing PQC on resource-constrained devices.
The recently published PQC algorithms provide higher security margins but require greater memory allocation, processing power and bandwidth.
EE TIMES EUROPE: How is Crypto Quantique addressing the PQC challenge?
Mossayebi: We recognize that flash memory is expensive and hard to manage, especially as you go to lower process nodes. Using secure memory to store the secret keys required by the PQC algorithms could be very expensive and cumbersome, and this is one of the areas that our physical unclonable functions [PUFs] can address. We are working with some industry partners and universities to build instructions and infrastructure on the chips so that you can use a PUF, such as our PUF QD, to generate PQC keys with low latency and at high speed on the fly when you need them. In this way, you don’t need to store a large number of secret keys inside flash memory, and you can regenerate them anytime you need the secret key for the PQC algorithms. We are solving the memory issue associated with implementing PQC algorithms.""The demand for electronic device authentication is growing sky-high due to the widespread use of IoT devices. An effective method for hardware-level device authentication is CMOS-based Physically Unclonable Function (PUF). Since CMOS technology is hitting the power and memory wall, emerging memory devices are becoming quite popular for designing lightweight novel PUFs. One of the intriguing PUF design alternatives is resistive random-access memory (ReRAM), which has attracted substantial research interest due to its inherent stochasticity, CMOS process compatibility, high-density integration, and non-volatility. Researchers have been working on ReRAM-based PUF with various design structures that use derivatives from device to circuit-level advancements, opening up a new pathway for developing novel ReRAM-based PUF design solutions every day."
cosors
👀
Congratulations!
"Weebit Nano Turns 10:
It’s January 7, 2025, and today, Weebit Nano is 10 years old. What an amazing milestone!
When the company began in 2015, we had ideas based on the work of Prof. James Tour from Rice University. The ideas were around resistance as the basis of memory, and while still in the research phase, Weebit’s founders knew the concepts were solid, and also knew that very soon the industry would need a replacement for flash memory.
That year the company hired its first engineer, Amir Regev, who today is Weebit’s VP Quality & Reliability. One of Amir’s first projects was to look for an excellent R&D partner, and after much due diligence, the company engaged with CEA-Leti, the French research organization who continues as our strategic R&D partner today. It was the beginning of an amazing partnership.
In 2016, Weebit hired its first PhD in France, Giuseppe Piccolboni, and in 2017, the company established its French subsidiary.
Weebit was fortunate in the early days to catch the attention of Dadi Perlmutter, who had retired from his most recent position at Intel as EVP, Chief Product Officer and GM of the Intel Architecture Group, overseeing all the company’s products. He agreed to become the Chairman of the Weebit Board of Directors.
Getting funding was a big challenge in the days when VCs were focused on cyber, automotive and the initial phases of AI. We were lucky that at the same time, the Australian Stock Exchange (ASX) was looking to expand its roster of listed companies beyond the many focused on mining, energy and finance to include more technology companies. As part of this effort, the ASX sent several delegations to Israel to investigate the possibilities, and numerous Israeli technology companies including Weebit decided to list on the ASX.
Weebit’s former CEO, Yossi Keret, worked with Dadi and Ashley Krongold, one of our very first investors, to list on the ASX through a reverse takeover in August 2016. Yossi focused on setting up the company’s initial infrastructure in Israel, France and Australia, including hiring our CFO, Alla Felder. Shortly thereafter, Yossi had to step down for personal reasons and recommended me to replace him. (Thank you for that, Yossi!)
I joined the company in October 2017, with only two engineers on board and a technology that was still in university-level R&D. Dadi brought on board Atiq Raza, a legend in the semiconductor space (previously President and COO of AMD; Chairman and CEO of RMI – just a bit of his deep experience), as well as Yoav Nissan-Cohen, who did a PhD in Device Physics under Prof. Dov Frohman, the inventor of the first digital non-volatile memory (NVM). Yoav was also a founder of Tower Semiconductor, one of the top 10 foundries. Yoav became an executive director on the Weebit Board, helping guide technology development in the early days.
2018 was a year of transition for Weebit. On the technical side we delivered a 1Mb array and we started hiring a strong team. In 2019 we overcame a tough financial situation and started pushing for partnerships and looking for initial customers. At the time we had more of a focus on the very large semiconductor market in China, but when COVID hit, together with a growing trade war, we decided to shift our focus to the rest of the world.
Despite all odds, 2020 became a major year of growth. We had a good capital raise in June, followed by another in November. In October of that year, we completed the ReRAM (RRAM) technology stabilization process. At the same time, we hired three well-known experts to set up our executive staff: Ishai Naveh as CTO, leading our device and process work; Ilan Sever as VP R&D, leading analog and digital design efforts; and Eran Briman as VP Marketing and Business Development. In 2022 we brought on board Gabriel Molas, with close to 20 years of ReRAM research experience at Leti, to be our Chief Scientist.
Technical progress continued with the qualification of our technology at Leti (on STMicro wafers) at 85⁰C and then 125⁰C. We closed our first licensing agreement with SkyWater, and showed we know how to transfer the recipe and achieve qualification there too. This led to a licensing agreement with DB HiTek, where we are now focused on moving towards full qualification.
In 2023 and 2024 we completed the executive team, adding Gideon Intrater as an Advisor to the CEO, and Issachar Ohana as Chief Revenue Officer.
And now, just before our 10th anniversary, we closed a licensing agreement with one of the leading integrated device manufacturers (IDMs), onsemi, starting 2025 with a bang!
10 years ago, the world knew it wanted a new NVM, but it was not clear what that would look like. There were MRAM, FeRAM, PCM, Optane, 3D-Xpoint, ReRAM and others. There were other companies developing ReRAM, already trying to commercialize years before Weebit.
However, as time passed, it became clear that many of these technologies were too expensive to manufacture or had other side effects (like sensitivity to magnetic fields), and today it is clear that the leading technology emerging from the pack is ReRAM. Other ReRAM developers tried using non-standard materials and tools to implement ReRAM, and many failed, leaving Weebit Nano as one of the only three qualified ReRAM technologies to-date, and the only independent supplier of qualified ReRAM in the market.
Over the past 10 years as we have pushed Weebit ReRAM from research towards production, we have had many ups and downs, but one of the key traits shared by our team members is their persistence. Because of this, we persist in our goal to deliver excellent, cost-effective technology towards becoming the #1 embedded NVM vendor. Interestingly, this persistence is reflected in our technology itself – ReRAM as a non-volatile memory is a persistent memory that retains its data even when power is turned off.
I am thankful for the opportunity to lead Weebit, and for the amazing Board and team we have. And I am very thankful to our loyal shareholders, many of whom have been with us almost from the start.
What a journey it has been! And it is only the beginning, as we look towards the next 10 years, which will be years of commercialization and expansion, with the vision of becoming the #1 supplier of embedded NVM and also developing a discrete solution.
We know that Weebit has the recipe for success. Our robust and fully qualified technology is continuously improving under the hands of a strong R&D team, including 13 PhDs and experts in all four pillars of ReRAM: Device, Process, Analog design and Digital design, all under the leadership of a very experienced and focused management team. With our solid team, robust technology, several commercial deals completed, and having recently raised A$50 million, we are well positioned to make our vision a reality.
2025 is shaping up to be a very exciting year, and a great start for the next 10 years!"
www.weebit-nano.com
"Weebit Nano Turns 10:
Only the Persistent Survive
Coby Hanoch
It’s January 7, 2025, and today, Weebit Nano is 10 years old. What an amazing milestone!
When the company began in 2015, we had ideas based on the work of Prof. James Tour from Rice University. The ideas were around resistance as the basis of memory, and while still in the research phase, Weebit’s founders knew the concepts were solid, and also knew that very soon the industry would need a replacement for flash memory.
That year the company hired its first engineer, Amir Regev, who today is Weebit’s VP Quality & Reliability. One of Amir’s first projects was to look for an excellent R&D partner, and after much due diligence, the company engaged with CEA-Leti, the French research organization who continues as our strategic R&D partner today. It was the beginning of an amazing partnership.
In 2016, Weebit hired its first PhD in France, Giuseppe Piccolboni, and in 2017, the company established its French subsidiary.
Weebit was fortunate in the early days to catch the attention of Dadi Perlmutter, who had retired from his most recent position at Intel as EVP, Chief Product Officer and GM of the Intel Architecture Group, overseeing all the company’s products. He agreed to become the Chairman of the Weebit Board of Directors.
Getting funding was a big challenge in the days when VCs were focused on cyber, automotive and the initial phases of AI. We were lucky that at the same time, the Australian Stock Exchange (ASX) was looking to expand its roster of listed companies beyond the many focused on mining, energy and finance to include more technology companies. As part of this effort, the ASX sent several delegations to Israel to investigate the possibilities, and numerous Israeli technology companies including Weebit decided to list on the ASX.
Weebit’s former CEO, Yossi Keret, worked with Dadi and Ashley Krongold, one of our very first investors, to list on the ASX through a reverse takeover in August 2016. Yossi focused on setting up the company’s initial infrastructure in Israel, France and Australia, including hiring our CFO, Alla Felder. Shortly thereafter, Yossi had to step down for personal reasons and recommended me to replace him. (Thank you for that, Yossi!)
I joined the company in October 2017, with only two engineers on board and a technology that was still in university-level R&D. Dadi brought on board Atiq Raza, a legend in the semiconductor space (previously President and COO of AMD; Chairman and CEO of RMI – just a bit of his deep experience), as well as Yoav Nissan-Cohen, who did a PhD in Device Physics under Prof. Dov Frohman, the inventor of the first digital non-volatile memory (NVM). Yoav was also a founder of Tower Semiconductor, one of the top 10 foundries. Yoav became an executive director on the Weebit Board, helping guide technology development in the early days.
2018 was a year of transition for Weebit. On the technical side we delivered a 1Mb array and we started hiring a strong team. In 2019 we overcame a tough financial situation and started pushing for partnerships and looking for initial customers. At the time we had more of a focus on the very large semiconductor market in China, but when COVID hit, together with a growing trade war, we decided to shift our focus to the rest of the world.
Despite all odds, 2020 became a major year of growth. We had a good capital raise in June, followed by another in November. In October of that year, we completed the ReRAM (RRAM) technology stabilization process. At the same time, we hired three well-known experts to set up our executive staff: Ishai Naveh as CTO, leading our device and process work; Ilan Sever as VP R&D, leading analog and digital design efforts; and Eran Briman as VP Marketing and Business Development. In 2022 we brought on board Gabriel Molas, with close to 20 years of ReRAM research experience at Leti, to be our Chief Scientist.
Technical progress continued with the qualification of our technology at Leti (on STMicro wafers) at 85⁰C and then 125⁰C. We closed our first licensing agreement with SkyWater, and showed we know how to transfer the recipe and achieve qualification there too. This led to a licensing agreement with DB HiTek, where we are now focused on moving towards full qualification.
In 2023 and 2024 we completed the executive team, adding Gideon Intrater as an Advisor to the CEO, and Issachar Ohana as Chief Revenue Officer.
And now, just before our 10th anniversary, we closed a licensing agreement with one of the leading integrated device manufacturers (IDMs), onsemi, starting 2025 with a bang!
10 years ago, the world knew it wanted a new NVM, but it was not clear what that would look like. There were MRAM, FeRAM, PCM, Optane, 3D-Xpoint, ReRAM and others. There were other companies developing ReRAM, already trying to commercialize years before Weebit.
However, as time passed, it became clear that many of these technologies were too expensive to manufacture or had other side effects (like sensitivity to magnetic fields), and today it is clear that the leading technology emerging from the pack is ReRAM. Other ReRAM developers tried using non-standard materials and tools to implement ReRAM, and many failed, leaving Weebit Nano as one of the only three qualified ReRAM technologies to-date, and the only independent supplier of qualified ReRAM in the market.
Over the past 10 years as we have pushed Weebit ReRAM from research towards production, we have had many ups and downs, but one of the key traits shared by our team members is their persistence. Because of this, we persist in our goal to deliver excellent, cost-effective technology towards becoming the #1 embedded NVM vendor. Interestingly, this persistence is reflected in our technology itself – ReRAM as a non-volatile memory is a persistent memory that retains its data even when power is turned off.
I am thankful for the opportunity to lead Weebit, and for the amazing Board and team we have. And I am very thankful to our loyal shareholders, many of whom have been with us almost from the start.
What a journey it has been! And it is only the beginning, as we look towards the next 10 years, which will be years of commercialization and expansion, with the vision of becoming the #1 supplier of embedded NVM and also developing a discrete solution.
We know that Weebit has the recipe for success. Our robust and fully qualified technology is continuously improving under the hands of a strong R&D team, including 13 PhDs and experts in all four pillars of ReRAM: Device, Process, Analog design and Digital design, all under the leadership of a very experienced and focused management team. With our solid team, robust technology, several commercial deals completed, and having recently raised A$50 million, we are well positioned to make our vision a reality.
2025 is shaping up to be a very exciting year, and a great start for the next 10 years!"
Weebit Nano Turns 10:Only the Persistent Survive | Weebit | THE NEXT NVM IS HERE
It’s January 7, 2025, and today, Weebit Nano is 10 years old. What an amazing milestone! When the company began in 2015, we had ideas based on the work of Prof. James Tour from Rice University. The ideas were around resistance as the basis of memory, and while still in the research phase...
www.weebit-nano.com
Slymeat
Move on, nothing to see.
Public release fromm Weetbit today.
Personally I am embarrassed that it isn’t BrainChip involved in this collaboration. I did do everything I could and arranged for Tony Dawe and Coby Hanoch to at least talk on this exact topic.
Weebit Nano (ASX: WBT) - Collaboration with EMASS
Confidentiality: Public
Good morning,
Weebit Nano (ASX: WBT), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, and Nanoveu Limited (ASX: NVU) announce a collaboration between Weebit and Embedded AI Systems Pte. Ltd. (EMASS), a pioneer in ultra-low-power AI computing.
Key highlights
· EMASS to demonstrate 22nm solution in Weebit Nano booth at embedded world 2025.
Eran Briman, VP Marketing & Business Development, Weebit Nano, commented: “We are delighted to work with EMASS to showcase the combined advantages of our technologies. EMASS’ chipsets deliver new levels of performance and power efficiency for edge AI applications. Our ReRAM is also designed to deliver these advantages, and by integrating it with their technology, EMASS can push the limits of AI efficiency to enable a new generation of intelligent, energy-conscious computing.”
Personally I am embarrassed that it isn’t BrainChip involved in this collaboration. I did do everything I could and arranged for Tony Dawe and Coby Hanoch to at least talk on this exact topic.
Weebit Nano (ASX: WBT) - Collaboration with EMASS
Confidentiality: Public
Good morning,
Weebit Nano (ASX: WBT), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, and Nanoveu Limited (ASX: NVU) announce a collaboration between Weebit and Embedded AI Systems Pte. Ltd. (EMASS), a pioneer in ultra-low-power AI computing.
Key highlights
- Embedded AI Systems Pte. Ltd. (EMASS) and Weebit Nano Ltd (ASX: WBT) are collaborating to demonstrate the advantages of ReRAM technology for edge AI applications.
- The combination of Weebit’s ReRAM technology with EMASS’ ultra-low power AI SoC, at a 22nm process node, aims to enhance energy efficiency, reduce power consumption, and enable instant system wake-up for AI-driven applications, unlocking new capabilities in edge computing.
· EMASS to demonstrate 22nm solution in Weebit Nano booth at embedded world 2025.
Eran Briman, VP Marketing & Business Development, Weebit Nano, commented: “We are delighted to work with EMASS to showcase the combined advantages of our technologies. EMASS’ chipsets deliver new levels of performance and power efficiency for edge AI applications. Our ReRAM is also designed to deliver these advantages, and by integrating it with their technology, EMASS can push the limits of AI efficiency to enable a new generation of intelligent, energy-conscious computing.”
cosors
👀
Congratulations on the nice little climb!
Some are waiting or looking for the Bell Potter report. The only thing I can see from the two lines on Google:
According to broker Bell Potter, now is a great time to buy Weebit Nano shares. It has placed a buy recommendation and price target of $6.11
Some are waiting or looking for the Bell Potter report. The only thing I can see from the two lines on Google:
According to broker Bell Potter, now is a great time to buy Weebit Nano shares. It has placed a buy recommendation and price target of $6.11
cosors
👀
Last edited:
Slymeat
Move on, nothing to see.
Pitt Street Research came out with an article today liking the recent Texas Instruments deal, reiterating their $9.74 evaluation.
Info not sourced from Motley Fool but directly from Pitt Street Research and ASX announcement. The spike in share price was a nice Christmas present.
It does make me wonder if someone in The Motley Fool does indeed have their ear pressed to the correct door, although 4 month delay is difficult to fathom.
cosors
👀
Texas Instruments => .
one next step
I come from the carnival capital of the world. Even Brazil is an imitator. I come from Colonia Agrippinensia, aka Cologne. And believe me, we know a thing or two about fools. And this rag is written by fools.
Last edited:
cosors
👀
And it's great to see that you're still with us!
Slymeat
Move on, nothing to see.
It’s a HUGE step, and a HUGE validation of Weebit’s ReRAM technology. I believe 2026 will be moving year for Weebit, and thought this when I saw the KPIs that are to be used to control senior exec remuneration—based on signings and deals.
I expect a little profit taking today, but also expect long term price appreciation.
As Coby Himself stated in the ASX announcement:
Coby Hanoch, CEO of Weebit Nano, said: “TI is one of the world’s foremost integrated device manufacturers, producing tens of billions of chips every year. This agreement is another strong signal that the industry is moving towards ReRAM as the successor to flash memory in SoC designs. It also reinforces Weebit’s position as the leading independent provider of ReRAM technology.”
cosors
👀
Based on my ASX stocks, I have no doubt whatsoever that WBT will follow the path I envisioned six years ago.
Cheers mate!
cosors
👀
The interview is from late last year, but I find it very interesting. I’ve had a browse through the Israeli press for the first time in ages. So here’s the translation (using DeepL) from the Hebrew. I’d like to remind you – as it’s been a long time – that the name ‘Weebit’ (וויביט) has given rise to several imaginative but incorrect variations in translation. The bold ist just copied.
"Promised and delivered: the share price soared by 255% in six months. “This is a turning point for Vibeet”
Weebit has secured a contract with Texas Instruments. “In another 20 years, we’ll look back on today as a historic day for Weebit,” CEO Kobi Hanoch tells us; last May, Hanoch told us, “We’re in talks with companies that could lead to multi-million-dollar deals”; Six months later, WeVibe has soared from around A$370 million to over A$1.2 billion – what is the market’s potential and has the path to NASDAQ been paved? – Interview
Mandy Henig | 29/12/2025 11:09 (2)
Topics in this article Wibit Kobi Hanoch
Six months ago, when we spoke to Kobi Hanoch, CEO of Wibit Nano, the company’s share price was at a low. It had lost 50% of its value, and you could already hear market speculation that someone would likely buy them out and they would end up like many companies in the industry that had been swallowed up by one of the dominant players. We spoke to Hanoch and he was determined and very optimistic about the future. He claimed they were on the verge of a breakthrough: “We are in talks with companies that could lead to multi-million-dollar deals.” Such talk seemed almost out of place coming from a company that had burned through millions and had listed on the Australian stock exchange to raise capital, yet asked investors to be patient quarter after quarter.
WeBit is surging by over 18% in Australia this morning, after announcing the signing of a licensing agreement with US chip giant Texas Instruments. Under the agreement, WeBit’s non-volatile memory technology (explained below), ReRAM, will be integrated into TI’s advanced manufacturing processes for embedded chips, which are used, among other things, in the automotive and industrial markets. The agreement includes intellectual property licensing, technology transfer and support throughout the design and certification process, and is structured such that WeBit is expected to receive licensing fees and, subsequently, royalties on every product in which its technology is integrated.
Click to read the previous interview article -
For Vibeet, this is not just another client, or a work order that will bring in money, but above all, validation. “The major players were sitting on the fence; they wanted to see a key player sign with us and believe in this solution. TI, one of the world’s largest chip manufacturers, which produces tens of billions of chips a year, will enable us to access a market with enormous potential that analysts estimate will grow 45-fold over the next decade,” says Hanoch in the interview.
“In a few years’ time, when people look back and ask what was the critical moment in WiBit’s development, it will undoubtedly be today,” notes Hanoch, his voice tinged with excitement, “This is a very important deal for WiBit. A few background points on the sector we’re in and how it has developed in recent years will help you understand the significance of this deal for us. We specialise in non-volatile memory for system-on-a-chip. Today, an entire system is placed on a single chip, and companies build modules around it. Among other things, they need non-volatile memory. This market has been searching for a replacement for flash for many years, because it is already clear that flash has reached its limits in the embedded sector."
And why has non-volatile memory become so critical?
“It is clear to everyone that flash has reached the limits of its capabilities in the embedded sector. Over the last two or three years, the market has realised that the real solution is ReRAM. It is much cheaper than any other solution, including flash, much faster, and consumes far less power. A long list of advantages that are almost essential in every application. That is why analysts believe that this market for ReRAM in embedded systems is set to grow 45-fold over the next six years. This is a new technology trend; there is no cyclicality here at the moment. Everyone simply needs it. The emerging ReRAM market is small today. It currently stands at $35 million and is expected to reach $1.7 billion within six years.”
Who are the players in this market today?
“There are only two players in this market today. There’s TSMC and Weebit – us. These are the only two players with memory ready for mass production,” “There were also giant manufacturers like Intel and Samsung who tried to develop ReRAM but ultimately abandoned the projects.”
Read more in “Global”
“Global Foundries and UMC are the other two players trying to bring ReRAM to market. So far without success; they are lagging behind, and I don’t know whether or not they will succeed in the end. It’s important to understand. TSMC, UMC and Global Foundries are foundries. They are silicon manufacturers. They will never give their technology to other manufacturers. And that is the key point. Companies like ON Semiconductor and Texas Instruments, and all the other manufacturers, have no other option. WiBit is the only option they have, because WiBit is the only independent company with ReRAM ready for mass production.
So perhaps there is a risk that, given the potential, someone will take up the challenge, develop it and overtake you?
"In the semiconductor world, it takes around 20 years to develop such technology. Twenty years ago, they started developing technologies to replace flash. Intel and Samsung put whole teams on it and then abandoned it. It’s a very complex project. We currently have 17 PhDs in chemistry and physics developing the technology. It’s not something someone can come up with in six months or a year. UMC, too, has been unable to bring this to mass production for years. It is very difficult to bring this technology to production.‘
How many staff members do you currently have in the company? Are you recruiting?
’We’ve already passed 60. We’re just over 60, and of those, 17 are PhDs in chemistry and physics. That gives you an idea of VIVITY’s human capital. Beyond the team in Israel, we also have a development centre in France, which works closely with the manufacturing plant, and that’s important because a large part of our work involves taking technology from the lab and turning it into something that works on a real production floor.
“The people who join us come from very strong industry backgrounds – engineers and physicists who have previously worked at companies such as Tower and Intel, people who are well versed in both development and manufacturing. Many of them choose to join Vivit because they see value in working for a small, focused company, where they can be at the heart of developing new technology, rather than just another small cog in a huge organisation. We are constantly recruiting, both in Israel and in France, mainly people with very specific experience in memory, analogue, and process development – those who can work at the cutting edge of technology and bring it to market.”
Your share price has surged in Australia – give us a look at the figures; what were the latest results?
“In Australia, the financial year ends in June; people get confused by this. In the financial year ending June 2024, we had revenue of one million Australian dollars. In the financial year ending June 2025, revenue was already 4.4 million Australian dollars. In the first quarter of the 2026 financial year, the one ending in September, in Australia they don’t report revenue every quarter but rather cash inflows, and the cash inflows for that quarter alone were 7.3 million Australian dollars. You’re starting to see the direction. And now we have announced that in the financial year ending in June 2026, revenue will be at least AUD 10 million.
"For a long time, I’ve been telling everyone that we’re in contact with almost all the major players in the market. Everyone wants ReRAM; everyone is talking to us.
The problem was this hesitation from a young company with new technology; people were afraid to be the first. They wanted to see someone else be the first. The good news is that here we are, it’s actually happening. ON Semiconductor and now TI too have been convinced that the technology’s potential is far greater than the theoretical risk they imagined.
What are the financial implications of the agreement with TI? Are there any actual figures?
“TI are very strict about me not discussing these matters. But you can see from the figures we’ve already reported to the stock exchange regarding revenue and the total cash we’ve received from these two customers, and you realise that these are not small deals. What’s more important than the money is that the world’s number one analogue company has decided to work with Weebit, to use our technology. Their competitors are looking at this and realising that TI will have a technological advantage.”
Did you grant TI exclusivity, or was there such a request?
“Heaven forbid. There is no exclusivity whatsoever. Not a chance in the world. We are the only independent company in the world that can work with any manufacturer, and we are in contact with almost all the major manufacturers.”
Let’s talk about applications. To which industries is your product applicable?
“Almost every application in the world needs non-volatile memory. Non-volatile memory is memory that retains information even when there is no power, even when the power is cut off. In every electronic product, there is that moment when you switch it on and expect the software, basic data and essential elements to already be there. This applies to every sector, from mobile phones to industrial systems.
“We have also demonstrated that our technology meets very stringent requirements. We have passed the AEC-Q100 standard, which is an automotive industry standard, meaning our memory can operate for ten years at temperatures of up to 150 degrees Celsius. Such durability is relevant first and foremost to the automotive sector, but it also opens doors to other markets, such as space and aviation, where resistance to extreme heat and cosmic radiation is required.
“Beyond that, the technology’s power consumption is very low, making it particularly suitable for IoT and battery-powered products. And in recent years, we’ve also seen strong interest from the AI sector, especially in applications where the memory needs to be integrated very close to the processor and operate quickly and efficiently.”
How does this apply to AI?
“The trend in the AI market is moving towards doing more inference on edge devices. These chips are manufactured using 22-nanometre and smaller technologies. Flash cannot be produced at less than 28 nanometres, so by definition these chips cannot contain flash internally and are forced to work with two chips. It’s more expensive, it’s slower to boot up because the weights need to be copied, and there are also security issues because the data passes over an external connection. If, instead, our ReRAM is used, the memory can be placed inside the AI chip itself. It’s a single chip, cheaper, the system is ready immediately, and there’s no such security issue.”
You’ve said in the past that you wanted something ‘mature’ before listing in the US. Following this progress and the agreements with major players, has the path to NASDAQ been paved? Is there even a possibility of listing in Tel Aviv – is that back on the table now?
“The Australian stock exchange isn’t bad for us at all. We’ve raised around 100 million US dollars there to date, and it has enabled us to fund development over many years. But looking ahead, it’s clear that the natural home for a company like WeBit isn’t Australia. We’ll reach a point where we can say we have a strong backbone, a significant client list and revenues starting to accumulate, and that’s exactly what American investors want to see.
“I’m currently in the transition phase. We are starting to show revenue, starting to show the business direction, but I am still primarily focused on strengthening the company, securing further agreements and adding more big names to the list. The more big names we add, the easier it becomes to bring in further names. We are acting in the best interests of our shareholders and will do whatever brings them the most value.”
You operate in Australia, and it is impossible not to mention the horrific massacre that took place last Hanukkah at a Chabad Hanukkah party on Bondi Beach in Sydney – you operate in the Australian market; is there a sense of a shift in sentiment or anything affecting your operations?
“At the level of WeBit itself, we don’t feel any impact from this. Our shareholders are very loyal to us; many of them have been with us for years. They see the company’s progress and understand the process. At this level, there is no change.
“It is important to say that there is a less favourable atmosphere in Australia at the governmental level, and this has been the case for some time. There is a stance there that is far less friendly towards Israel, and this is something you can sense in the background. But as far as the company and the investors are concerned, we are not experiencing anti-Semitism or any harm to our operations. The average Australian, and indeed most of our shareholders, are very pro-Israel and supportive of the company. As far as we are concerned, this is not something that affects our day-to-day work or our relationship with the market.”
In conclusion, this is a historic day for WeBit
“It’s also a day of coming full circle with our shareholders. We promised our shareholders a major deal before the end of the year, and here we are delivering on that. I try to be conservative and not make promises, but if you follow WeBit’s history, you’ll see that more or less everything I’ve promised the market, I’ve delivered on.”
www.bizportal.co.il
"Promised and delivered: the share price soared by 255% in six months. “This is a turning point for Vibeet”
Weebit has secured a contract with Texas Instruments. “In another 20 years, we’ll look back on today as a historic day for Weebit,” CEO Kobi Hanoch tells us; last May, Hanoch told us, “We’re in talks with companies that could lead to multi-million-dollar deals”; Six months later, WeVibe has soared from around A$370 million to over A$1.2 billion – what is the market’s potential and has the path to NASDAQ been paved? – Interview
Mandy Henig | 29/12/2025 11:09 (2)
Topics in this article Wibit Kobi Hanoch
Six months ago, when we spoke to Kobi Hanoch, CEO of Wibit Nano, the company’s share price was at a low. It had lost 50% of its value, and you could already hear market speculation that someone would likely buy them out and they would end up like many companies in the industry that had been swallowed up by one of the dominant players. We spoke to Hanoch and he was determined and very optimistic about the future. He claimed they were on the verge of a breakthrough: “We are in talks with companies that could lead to multi-million-dollar deals.” Such talk seemed almost out of place coming from a company that had burned through millions and had listed on the Australian stock exchange to raise capital, yet asked investors to be patient quarter after quarter.
WeBit is surging by over 18% in Australia this morning, after announcing the signing of a licensing agreement with US chip giant Texas Instruments. Under the agreement, WeBit’s non-volatile memory technology (explained below), ReRAM, will be integrated into TI’s advanced manufacturing processes for embedded chips, which are used, among other things, in the automotive and industrial markets. The agreement includes intellectual property licensing, technology transfer and support throughout the design and certification process, and is structured such that WeBit is expected to receive licensing fees and, subsequently, royalties on every product in which its technology is integrated.
Click to read the previous interview article -
For Vibeet, this is not just another client, or a work order that will bring in money, but above all, validation. “The major players were sitting on the fence; they wanted to see a key player sign with us and believe in this solution. TI, one of the world’s largest chip manufacturers, which produces tens of billions of chips a year, will enable us to access a market with enormous potential that analysts estimate will grow 45-fold over the next decade,” says Hanoch in the interview.
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“In a few years’ time, when people look back and ask what was the critical moment in WiBit’s development, it will undoubtedly be today,” notes Hanoch, his voice tinged with excitement, “This is a very important deal for WiBit. A few background points on the sector we’re in and how it has developed in recent years will help you understand the significance of this deal for us. We specialise in non-volatile memory for system-on-a-chip. Today, an entire system is placed on a single chip, and companies build modules around it. Among other things, they need non-volatile memory. This market has been searching for a replacement for flash for many years, because it is already clear that flash has reached its limits in the embedded sector."
And why has non-volatile memory become so critical?
“It is clear to everyone that flash has reached the limits of its capabilities in the embedded sector. Over the last two or three years, the market has realised that the real solution is ReRAM. It is much cheaper than any other solution, including flash, much faster, and consumes far less power. A long list of advantages that are almost essential in every application. That is why analysts believe that this market for ReRAM in embedded systems is set to grow 45-fold over the next six years. This is a new technology trend; there is no cyclicality here at the moment. Everyone simply needs it. The emerging ReRAM market is small today. It currently stands at $35 million and is expected to reach $1.7 billion within six years.”
Who are the players in this market today?
“There are only two players in this market today. There’s TSMC and Weebit – us. These are the only two players with memory ready for mass production,” “There were also giant manufacturers like Intel and Samsung who tried to develop ReRAM but ultimately abandoned the projects.”
Read more in “Global”
“Global Foundries and UMC are the other two players trying to bring ReRAM to market. So far without success; they are lagging behind, and I don’t know whether or not they will succeed in the end. It’s important to understand. TSMC, UMC and Global Foundries are foundries. They are silicon manufacturers. They will never give their technology to other manufacturers. And that is the key point. Companies like ON Semiconductor and Texas Instruments, and all the other manufacturers, have no other option. WiBit is the only option they have, because WiBit is the only independent company with ReRAM ready for mass production.
So perhaps there is a risk that, given the potential, someone will take up the challenge, develop it and overtake you?
"In the semiconductor world, it takes around 20 years to develop such technology. Twenty years ago, they started developing technologies to replace flash. Intel and Samsung put whole teams on it and then abandoned it. It’s a very complex project. We currently have 17 PhDs in chemistry and physics developing the technology. It’s not something someone can come up with in six months or a year. UMC, too, has been unable to bring this to mass production for years. It is very difficult to bring this technology to production.‘
How many staff members do you currently have in the company? Are you recruiting?
’We’ve already passed 60. We’re just over 60, and of those, 17 are PhDs in chemistry and physics. That gives you an idea of VIVITY’s human capital. Beyond the team in Israel, we also have a development centre in France, which works closely with the manufacturing plant, and that’s important because a large part of our work involves taking technology from the lab and turning it into something that works on a real production floor.
“The people who join us come from very strong industry backgrounds – engineers and physicists who have previously worked at companies such as Tower and Intel, people who are well versed in both development and manufacturing. Many of them choose to join Vivit because they see value in working for a small, focused company, where they can be at the heart of developing new technology, rather than just another small cog in a huge organisation. We are constantly recruiting, both in Israel and in France, mainly people with very specific experience in memory, analogue, and process development – those who can work at the cutting edge of technology and bring it to market.”
Your share price has surged in Australia – give us a look at the figures; what were the latest results?
“In Australia, the financial year ends in June; people get confused by this. In the financial year ending June 2024, we had revenue of one million Australian dollars. In the financial year ending June 2025, revenue was already 4.4 million Australian dollars. In the first quarter of the 2026 financial year, the one ending in September, in Australia they don’t report revenue every quarter but rather cash inflows, and the cash inflows for that quarter alone were 7.3 million Australian dollars. You’re starting to see the direction. And now we have announced that in the financial year ending in June 2026, revenue will be at least AUD 10 million.
"For a long time, I’ve been telling everyone that we’re in contact with almost all the major players in the market. Everyone wants ReRAM; everyone is talking to us.
The problem was this hesitation from a young company with new technology; people were afraid to be the first. They wanted to see someone else be the first. The good news is that here we are, it’s actually happening. ON Semiconductor and now TI too have been convinced that the technology’s potential is far greater than the theoretical risk they imagined.
What are the financial implications of the agreement with TI? Are there any actual figures?
“TI are very strict about me not discussing these matters. But you can see from the figures we’ve already reported to the stock exchange regarding revenue and the total cash we’ve received from these two customers, and you realise that these are not small deals. What’s more important than the money is that the world’s number one analogue company has decided to work with Weebit, to use our technology. Their competitors are looking at this and realising that TI will have a technological advantage.”
Did you grant TI exclusivity, or was there such a request?
“Heaven forbid. There is no exclusivity whatsoever. Not a chance in the world. We are the only independent company in the world that can work with any manufacturer, and we are in contact with almost all the major manufacturers.”
Let’s talk about applications. To which industries is your product applicable?
“Almost every application in the world needs non-volatile memory. Non-volatile memory is memory that retains information even when there is no power, even when the power is cut off. In every electronic product, there is that moment when you switch it on and expect the software, basic data and essential elements to already be there. This applies to every sector, from mobile phones to industrial systems.
“We have also demonstrated that our technology meets very stringent requirements. We have passed the AEC-Q100 standard, which is an automotive industry standard, meaning our memory can operate for ten years at temperatures of up to 150 degrees Celsius. Such durability is relevant first and foremost to the automotive sector, but it also opens doors to other markets, such as space and aviation, where resistance to extreme heat and cosmic radiation is required.
“Beyond that, the technology’s power consumption is very low, making it particularly suitable for IoT and battery-powered products. And in recent years, we’ve also seen strong interest from the AI sector, especially in applications where the memory needs to be integrated very close to the processor and operate quickly and efficiently.”
How does this apply to AI?
“The trend in the AI market is moving towards doing more inference on edge devices. These chips are manufactured using 22-nanometre and smaller technologies. Flash cannot be produced at less than 28 nanometres, so by definition these chips cannot contain flash internally and are forced to work with two chips. It’s more expensive, it’s slower to boot up because the weights need to be copied, and there are also security issues because the data passes over an external connection. If, instead, our ReRAM is used, the memory can be placed inside the AI chip itself. It’s a single chip, cheaper, the system is ready immediately, and there’s no such security issue.”
You’ve said in the past that you wanted something ‘mature’ before listing in the US. Following this progress and the agreements with major players, has the path to NASDAQ been paved? Is there even a possibility of listing in Tel Aviv – is that back on the table now?
“The Australian stock exchange isn’t bad for us at all. We’ve raised around 100 million US dollars there to date, and it has enabled us to fund development over many years. But looking ahead, it’s clear that the natural home for a company like WeBit isn’t Australia. We’ll reach a point where we can say we have a strong backbone, a significant client list and revenues starting to accumulate, and that’s exactly what American investors want to see.
“I’m currently in the transition phase. We are starting to show revenue, starting to show the business direction, but I am still primarily focused on strengthening the company, securing further agreements and adding more big names to the list. The more big names we add, the easier it becomes to bring in further names. We are acting in the best interests of our shareholders and will do whatever brings them the most value.”
You operate in Australia, and it is impossible not to mention the horrific massacre that took place last Hanukkah at a Chabad Hanukkah party on Bondi Beach in Sydney – you operate in the Australian market; is there a sense of a shift in sentiment or anything affecting your operations?
“At the level of WeBit itself, we don’t feel any impact from this. Our shareholders are very loyal to us; many of them have been with us for years. They see the company’s progress and understand the process. At this level, there is no change.
“It is important to say that there is a less favourable atmosphere in Australia at the governmental level, and this has been the case for some time. There is a stance there that is far less friendly towards Israel, and this is something you can sense in the background. But as far as the company and the investors are concerned, we are not experiencing anti-Semitism or any harm to our operations. The average Australian, and indeed most of our shareholders, are very pro-Israel and supportive of the company. As far as we are concerned, this is not something that affects our day-to-day work or our relationship with the market.”
In conclusion, this is a historic day for WeBit
“It’s also a day of coming full circle with our shareholders. We promised our shareholders a major deal before the end of the year, and here we are delivering on that. I try to be conservative and not make promises, but if you follow WeBit’s history, you’ll see that more or less everything I’ve promised the market, I’ve delivered on.”
הבטיח וקיים: המניה זינקה 255% בחצי שנה "זו נקודת המפנה של וויביט"
וויביט קיבלה חוזה מטקסס אינסטרומנט "עוד 20 שנה נסתכל על היום כיום היסטורי לוויביט" אומר לנו קובי חנוך המנכ"ל; במאי האחרון חנוך אמר לנו "אנחנו בשיחות עם חברות שיכולות להפוך להסכמים של מיליונים"; חצי שנה אחרי וויביט זינקה מכ-370 מיליון דולר אוסטרלי למעל 1.2 מיליארד דולר אוסטרלי - מה הפוטנציאל של...
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