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Weebit Nano: Completes important ReRAM stabilisation process | Fintech InShorts: Latest fintech news, analysis by experts

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Weebit Nano: Completes important ReRAM stabilisation process

By Steve Sam

October 7, 2020

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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