dorsaVi Ltd (ASX:DVL) Secures Exclusive Worldwide Licence for Advanced RRAM Technology
dorsaVi Limited (ASX: DVL), a leader in FDA-cleared movement-sensor technology, has secured an exclusive worldwide licence to resistive random-access memory (RRAM) technology from Nanyang Technological University, Singapore (NTU Singapore). The agreement grants dorsaVi access to a portfolio of nine patent families, positioning the company for growth in sectors including healthcare, AI, and IoT.
Strategic Licensing Agreement
The licence includes advanced RRAM innovations that enhance memory performance and system-level efficiency. These technologies offer high speed, scalability, and low power consumption, making them ideal for integration into dorsaVi’s existing wearable sensors. The integration aims to improve battery life and device longevity, supporting applications in clinical monitoring, elite sports, and workplace safety.
Financial and Expansion Plans
dorsaVi received firm bids totaling AUD$2.4 million from existing and new investors. The company plans to issue approximately 187,500,000 shares at a discounted rate to raise funds for integrating RRAM technology and supporting ongoing working capital needs. The placement will be conducted in two tranches, with shareholder approval required for the second tranche.
Executive Comments
CEO Andrew Ronchi stated, “This licence gives dorsaVi the foundation to build the next generation of intelligent, low-power sensing platforms. We’re not just upgrading our products—we’re redefining what’s possible with wearables.”
Future Outlook
The exclusive licence positions dorsaVi for worldwide expansion into high-value markets such as elite sports, rehabilitation, and industrial automation. The integration of RRAM technology is expected to drive operational efficiency, technological leadership, and market expansion, generating sustained value for shareholders.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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