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Weebitnano The Future Memory Weebit delivers its most successful quarter , achieving key business and technical milestones First commercial deal to take Weebit's ReRAM technology to volume production , successful demonstration of ReRAM technology at 28nm , expanded development partnership with CEA - Leti , Q1 FY22 Quarterly Activities Report Key Q1 FY22 highlights • Weebit secured its first commercial deal , licensing its ReRAM technology to volume production with US - based semiconductor foundry SkyWater Technology Inc. • ReRAM technology successfully demonstrated at 28nm • • • Expanded strategic development partnership with CEA - Leti to enhance ReRAM offering and support commercialisation Filed a new patent optimising ReRAM power consumption Progressing ongoing discussions with potential production partners and customers 29 October 2021 Weebit Nano Ltd ( ASX : WBT , Weebit or Company ) is pleased to provide this activities report for the quarter ended 30 September 2021 ( Q1 FY22 ) , along with the Company's Appendix 4C cash flow report . Commenting on Q1 FY22 , Weebit Nano CEO Coby Hanoch said : " Weebit Nano has had a strong start to FY22 , delivering its most successful quarter with significant progress on both commercial and technical fronts . We secured our first commercial deal and successfully demonstrated our ReRAM technology at 28nm . We are now at an exciting junction in the Company's history , having signed our first licensing deal and significantly increasing the range of potential applications and industries for Weebit Nano's cutting - edge memory technology . " Our first commercial deal with SkyWater Technology Inc. ( SkyWater ) is a major milestone for the Company , providing commercial validation of our innovative technology and enabling us to bring Weebit Nano's cutting - edge ReRAM technology to volume production . SkyWater is the ideal first partner for Weebit given their extensive customer base throughout the US defence , automotive , industrial , consumer and medical sectors , and their focus on innovative new technologies . " Having a fab like SkyWater license our memory technology is a strong endorsement of Weebit Nano's ReRAM technology . Our agreement with SkyWater has also accelerated discussions with other fabs and potential customers . Contact Office : + 972-9-7797832 info@weebit-nano.com www.weebit-nano.com