Technology

The facility remains undrawn, and Catapult said the change adds flexibility for potential acquisitions or other inorganic growth. It follows a year in which two acquisitions reshaped the business.

The win arrives ahead of full-year results for the 12 months to 30 September 2026, which Gentrack plans to release on 23 November 2026.

Chief Executive Coby Hanoch said two customers now testing working samples marked a meaningful step towards mass production. In July, Weebit reported that three product customers had taped out chip designs with embedded ReRAM for uses including smart battery management and cybersecurity, and that …

The handover lands in a year that management has already described as one ofInvestmentand transition, as theBusinessshifts away from upfront licence fees towards recurring, consumption-based revenue.

The meeting, to be held fully online at 10.00am AEDT, will confirm a reshaped board line-up and seek approval for incentive arrangements tied to the company's chief executive.

Independent Chair Raelene Murphy described the outcome as another step forward and said the company was focused on long-termShareholdervalue.

The improvement followed a half-year to 30 June 2026 in which revenue slipped and losses widened, leaving the company focused on cost discipline while it continues to develop its product range.