Weebit Nano (ASX:WBT) has scored a huge victory in the first day of 2025 trade with tier-one semiconductor supplier Onsemi signing a licensing agreement for its resistive random access memory (ReRAM) technology.

Onsemi, a Nasdaq-listed heavyweight, is the first chipmaker to licence Weebit’s IP. The Weebit ReRAM will now be integrated into Onsemi’s Treo platform.

Through the deal, WBT has received a license free from Onsemi. The Israel-based company will also receive non-recurring engineering fees. Work is expected to begin on-site at Onsemi’s production plants immediately, with Weebit Nano techs soon to be leading the ReRAM integration as well as early testing.

Once the tech is boiled into Onsemi’s chips, WBT will start receiving royalties post-production.

“We are delighted to announce Weebit’s latest commercial agreement, with Onsemi, one of the world’s top semiconductor integrated device manufacturers,” Coby Hanoch, Weebit Nano’s CEO, told shareholders today.

“This agreement is further industry recognition that ReRAM is the non-volatile memory solution best positioned to replace traditional flash storage.”

Weebit Nano shares jumped nearly instantly at open, up 4.05% in around 10 minutes.

It’s no surprise investors are eager to get in; Onsemi (better known as ON Semiconductor in the U.S.) generates as much as US$8.3 billion a year and has a market capitalisation of more than US$27B through its Nasdaq listing.

HotCopper users on the WBT forums were particularly enamoured, with more than 80 comments being made on the announcement’s thread this morning.

For traders, they see Weebit Nano’s big contract signing as a way to get in on the profits there – and the floodgates may open for the ReRAM tech now too.

HotCopper has no doubt there will be more deals too – it’s understood Weebit Nano’s dealmakers have financial bonuses directly tied to how many deals are made in 2025 (with three minimum expected). The company has already been talking to IDMs, foundries, and product companies in recent weeks.

WBT last sold at $3.60 a share through early Thursday trade in the new year.

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