- 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
