Key Highlights

  • Sensor v6.5 was commercially launched on 28 July 2026, running movement analysis and biofeedback on the wearable without a cloud connection.
  • Front-end and middle-of-line fabrication of the RRAM-CMOS validation chip was completed through TSMC's CMOS process, confirmed on 24 August.
  • A placement of 136,363,636 shares at A$0.022 raised firm commitments of A$3.0 million before costs, announced on 6 October 2026.
  • Cash at 30 September 2026 was $1.12 million, with quarterly customer receipts of $320k compared with $185k a year earlier.

dorsaVi Limited (ASX:DVL) detailed progress across its wearable sensor and memory technology programs in its quarterly activities report on 23 October 2026, covering the three months to 30 September. The company launched Sensor v6.5, advanced its first RRAM-CMOS validation chip through foundational fabrication, began energy measurements on RRAM structures and opened exploratory talks with robotics developers. It said the RRAM and neuromorphic programs remain in development and are not integrated into Sensor v6.5 or a robotics product.

Sensor v6.5, the Validation Chip and Robotics Outreach

Sensor v6.5, launched commercially on 28 July 2026, is the company's first wearable to analyse movement and respond on the device. It runs a measure, analyse, decide and act sequence without a cloud round-trip or separate base device, and can provide configurable haptic, audible or visual biofeedback within milliseconds of a movement event. It runs on conventional silicon.

The RRAM-CMOS validation chip began its tape-out pathway on 15 July. On 24 August completion of front-end-of-line transistor fabrication and middle-of-line interconnects through TSMC's CMOS process was confirmed. The company said the chip has not yet completed the RRAM integration and electrical testing stages.

On 14 September, dorsaVi began electrical measurements on engineered RRAM structures to quantify the energy needed to update memory states, intended as an initial device-level benchmark. On 21 September it announced outreach to robotics companies on applying its movement data library to balance, coordination and recovery.

Why This Could Matter

The company said the work links three capabilities: its sensing and movement-data business, exclusively licensed neuromorphic IP designed to support rapid local responses to sensor inputs, and an RRAM program with NTU and ITRI investigating memory for compute-in-memory functions. The stated immediate objective is to identify suitable applications and establish opportunities for technical evaluation with robotics developers, with integration subject to further engineering and validation.

Funding and Where Things Stand

On 6 October 2026 dorsaVi secured firm commitments to raise A$3.0 million before costs through 136,363,636 shares at A$0.022. The placement includes 68,181,818 free-attaching unlisted options on a one-for-two basis, exercisable at A$0.045 and expiring three years from issue. Announced uses include expanding the movement data library and advancing the neuromorphic IP and RRAM programs.

Cash was $1.12 million at 30 September. Operating cash outflow was about $0.996 million, and the company received a $475k FY26 R&D tax incentive rebate after quarter end.