FinTechFunding

Weebit Nano: Completes important ReRAM stabilisation process

  • Tech developer Weebit Nano (WBT) is soaring this morning after completing an important tech stabilisation process for its ReRAM tech
  • This means the company is ready to transfer the tech to a production fabrication facility, also known as a fab
  • The success of the tech stabilisation process is an important milestone in commercialising Weebit’s tech
  • The process creates a solid foundation for module intellectual property design, standalone memory for mass storage, and production in a foundry
  • Weebit’s ReRAM tech is designed to be faster and more stable than conventional memory tech like RAM and flash storage
  • Shares in Weebit are trading 20 per cent higher this morning, currently worth 90 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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