Israel-based RRAM developer Weebit Nano announced that it has received its first IP licensing revenue for its embedded ReRAM technology.
This initial licensing fee is $100,000. Weebit’s plan is to generate revenues from foundries and product companies in three main ways: licensing fees for design and manufacture; engineering fees for designs and processes; and royalties for use by customers, which will be received once customers begin shipping end products.
Last month Weebit announced that it has signed a licensing agreement with DB HiTek, a Korean-based foundry (said to be one of the world's top 10 foundries). The commercial agreement includes technology transfer, qualification and licensing.
Weebit recently announced that $40 million USD in its latest financing round, that will be used to accelerate the development and commercial roll-out of its ReRAM technology.
In early 2023 Weebit taped-out demonstration chips integrating its embedded RRAM module in an advanced 22nm FD-SOI process technology. In November 2022 the company announced that it has received the first silicon wafers from SkyWater Technology, with embedded Weebit RRAM.