Israel-based RRAM developer Weebit Nano Announced that it secured $3.1 million in a combined placement and entitlement offer. The company has also announced that it is progressing in its project to develop a customized ReRAM memory module for its South Korean customer - and aims to to deliver the module in mid-2020.

Weebit packaged RRAM chip photo

Weebit says that it aims to transfer its facilities to production capacity by the end of 2020.

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