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Coby Hanoch

Chief Executive Officer, Weebit Nano

Search every verified Coby Hanoch interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Coby Hanoch, CEO of Weebit Nano, discussed the company’s recent progress in commercialization and technology development during Q1 FY27. He reported ongoing work with foundry and product customers including DB HiTek, onsemi, and Texas Instruments, noting that DB HiTek is presenting Weebit’s technology to its customers following qualification. Hanoch stated that the company is focused on achieving mass production and eventual royalty revenues, and highlighted growing activity in the AI and in-memory computing (IMC) market, including two new AI customers. He also addressed shareholder concerns about the company’s financial position, saying it had A$164 million in the bank and spent less than A$20 million in fiscal year 2026, and described receivables as dependent on milestones while pointing to recognized revenue as the better indicator of direction. In several recent presentations, Hanoch emphasized the suitability of ReRAM for AI applications, particularly for inference at the edge and potentially in data centers, where he said in-memory compute could lower power consumption. He described ReRAM as cheaper to manufacture than alternatives like MRAM, which he said involves complex processes and higher costs. Hanoch also noted that fabs are running at high capacity, which he said has slowed the adoption of new technologies like ReRAM, and acknowledged expectations for additional agreements had not yet been met. He reiterated that Weebit had qualified its technology for mass production and positioned itself as an independent qualified ReRAM supplier, while also encouraging shareholder support at the upcoming annual general meeting regarding proxy advisor recommendations.

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Notable quotes

“So, the way to think about it is that up until now our data center business has been almost entirely GPUs. Vera is our CPU, and you know what's really exciting is that Vera opens a brand new 200 billion TAM for NVIDIA, a market we have never addressed before, and every major hyperscaler is partnering with us to get it deployed, and that's huge for the company because for the first time we have a second engine of that”

“MRAM is not really a good solution for that. MRAM MRAM is is first of all very expensive. So we need to remember MRAM uses rare earth materials and then special materials. You need to have a separate manufacturing line for it. the actual manufacturing is is really complex and and and includes a lot of very delicate steps. So, MRAM adds uh you know roughly 30 40 and even more percent to the cost of a silicon wafer whe”

“The demand now from the fabs is crazy. Fabs are at 150% capacity. I mean they there's no way they can address the existing customer needs. So for us that's kind of a you know a challenge because they're so focused on uh we we just need to address the current customer needs. We don't have time now to really dive deep into this new technology and things. So so things are taking longer obviously I believed and and I thi”

“We have qualified the technology which basically means it's ready for mass production. It went through very rigorous testing, tests that were defined by standards bodies, and we showed that we can withstand very high temperatures for a very long time and meet all kinds of other criteria. We are today practically the only independent supplier of RRAM that can actually provide it to the market that's qualified. So we'r”

“Flash has been really hitting the wall for 20 years now. We've already known that flash will hit the wall. It has too many limitations. It's an old technology. The market today is moving to emerging technologies which are now growing very fast. You can see here on the left how this market is growing from $300 million this year to over 4 billion in just a few years. So really very fast growth of the new nonvolatile me”

“I need to clarify a little bit. As you know, we have two types of customers. We have the the fabs and we have the product customers. When we transfer the technology to the fab, we need to work with the fab to qualify the technology so so that we can show that they know how to manufacture ReRAM and that the ReRAM meets all of the requirements that were defined by standards bodies. Uh, when we talk about product custom”

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