Key Highlights

  • Weebit Nano Ltd (ASX:WBT) upgraded its FY26 Revenue guidance to at least A$13.5 million, with shares trading at $3.245, up 6.39%, during the Trading session on 17 September 2026.
  • Three customers successfully taped out chip designs embedded with Weebit's ReRAM technology, with one already demonstrating a functional prototype running software.
  • The company secured A$15 million via a Share Purchase Plan during the quarter, bringing total funds raised to A$102 million.
  • Quarterly customer cash receipts were A$3.4 million in Q4 FY26, with the company holding a cash balance of A$167 million as at 30 June 2026.

Weebit Nano Ltd (ASX:WBT) shares traded at $3.245, up 6.39%, during the trading session on 17 September 2026. The semiconductor IP company recently released its activity report for the quarter ended 30 June 2026 (Q4 FY26), reporting expanded licensing agreements with key customers and an upgrade to its FY26 revenue guidance.

Customer Tape-Outs and Licensing Progress

Weebit Nano achieved a key 2026 milestone with three product customers successfully taping out, or releasing to manufacturing, chip designs embedded with Weebit ReRAM intended for eventual mass production. Product applications include smart battery management systems and cybersecurity. One of these designs already has chips back from the fab, with initial tests showing it is fully functional and able to run software. All three designs will undergo further testing and product qualification ahead of mass production, a process the company said can take 12-18 months.

The company also expanded its licensing agreements with key customers to include additional technologies, products and Business units, which it described as an important market validation signal to other foundries and Integrated Device Manufacturers. Technology transfer of Weebit's ReRAM IP to Texas Instruments and onsemi continued to progress to schedule. Following tape-out and qualification, Weebit ReRAM will be integrated into TI's advanced nodes for embedded processing semiconductors, while the qualification process is set to commence at onsemi following extensive testing of demo chips manufactured at its 300mm U.S. production fab, with Weebit ReRAM being integrated into onsemi's Treo platform for automotive, industrial and AI data centre markets.

Capital Raising

During the quarter, Weebit raised A$15 million via a well-supported and scaled-back Share Purchase Plan to existing shareholders at $4.05 per share. The SPP followed successful institutional placements to Australian and Israeli investors totalling $87 million on the same terms, bringing total funds raised to A$102 million. Proceeds are being used to enhance Weebit's ReRAM technology, accelerate scale-up and commercialisation activities, and fast-track the development and delivery of AI offerings.

Financial Results

Quarterly customer cash receipts were A$3.4 million in Q4 FY26, comprising licensing fees and non-recurring engineering. In July, the company upgraded its FY26 revenue guidance to at least A$13.5 million, with revenues expected to grow over FY27 as new licensing and design agreements are signed alongside milestone-based payments from existing customers. R&D expenses for the quarter were A$4.6 million, while payments to related parties, including fees paid to Directors and the CEO's Payroll costs, totalled $434,000. The company reported a cash balance of A$167 million as at 30 June 2026.

Industry Context

CEO Coby Hanoch noted that semiconductor industry growth has accelerated over the past year, with revenue now expected to surpass the US$1 trillion mark in 2026, a milestone previously set for 2030. He said strong semiconductor Demand has created capacity and resource constraints across the industry, with many foundries and IDMs allocating attention and fab capacity to revenue-generating customer wafers, extending timelines for evaluating and adopting new technologies and resulting in some delays in securing new licensing agreements, despite continued growth in demand for the company's ReRAM IP. The company was also granted three new patents during the quarter, covering a method for Manufacturing an OxRAM-type resistive memory cell and a new memory-cell architecture.

Key Takeaways

Weebit Nano's June 2026 quarter was marked by a significant commercial milestone, with three customers successfully taping out chip designs embedded with its ReRAM technology and one already demonstrating a functional prototype. The combination of expanded customer licensing agreements, continued technology transfer progress with Texas Instruments and onsemi, and an upgraded FY26 revenue guidance to at least A$13.5 million, supported by a well-funded Balance Sheet following the completion of its A$102 million Capital raising program, positions the company to progress toward its mass production milestone over the coming 12 to 18 months.