Semiconductor developer Weebit Nano (ASX: WBT) has extended its agreement with partner Leti first signed in 2016, the French research institute, to aid in the development and optimisation of its groundbreaking ReRAM memory technology.

Weebit is seeking to develop and commercialise the next generation of memory devices that offer significant operational advantages over existing flash memory.

By focusing on the right materials and collaborating with globally-renowned chemists such as Dr James Tour from Rice University, Weebit is making rapid strides forward in developing the next evolution of memory-storage: Resistive Random Access Memory (ReRAM).

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