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
Previous article
UK Finance: Announces David Postings as new CEO
Next article
Wide Open Agriculture: Raises up to $8.5M through placement and SPP
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.

You May Also Like

FinTech

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...
FinTech

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...
FinTech

Revolut Strengthens Business Recruitment Platform in New Markets

The fintech giant expands its offerings targeting recruitment needs globally.Highlights: Revolut enhances its platform for business recruitment.The expansion...
FinTech

UniCredit Selects Slate to Strengthen Retail Investment Services

The partnership aims to enhance digital investment options for customers.Highlights: UniCredit partners with Slate for enhanced retail investment...