Weebit Nano Limited

Okay, good afternoon and welcome to the WeBitNano Meet the CEO Investor Briefing. My name is Danny Younis and I handle investor relations for WeBitNano. With me today, I have the CEO of WeBit, Kobi Hanock. Good morning, Kobi. Hi, Danny. Before I hand over to Kobi, just a note that we will be having a Q&A session at the end. If you have any questions, please type them into the Q&A box on the bottom of your screen. We are expecting a lot of questions to come through. So obviously preference will be given to those questions that are named rather than anonymously, but we'll try to get to all questions in the one hour we have. And when necessary, I will also pull the questions where there is overlap. I would now like to hand the webinar over to Kobi. Please go ahead.

Thanks, Danny. So we had yet another quarter of progress. We're focused on commercializing, as everyone knows, and pushing the deals forward. We have, obviously, DB Hightech that we're moving forward with them. We had... We had some issue when they were using a different tool and had some requests from customers that caused a little change in plan, but we're still definitely on track to do the qualification before the end of this year. So that's progressing well. We actually are already talking to customers that want to work at dbHightech and There's interest there. dbHightech demonstrated a chip with our re-ram in it at the PMIC summit, at the PMIC conference in Germany this quarter and got very good feedback. So overall, I think things are progressing very nicely, very well on the dbHightech side. With OnSemi, things are moving well. Also, you know, we're moving forward with with our technology transfer there. As I said, I believe in previous times, they're very, very cooperative and moving really fast on this. And there's great cooperation there. So things are progressing nicely on that front. um additional uh foundries and idms there's a lot going on in the background um talking you know analyzing etc we we are committed to get additional deals done this year and uh i believe we will get them so we're uh we're working very hard on that front um we're also committed to uh to get product companies, you know, the FABs, it's manufacturing license agreements that we do with them. With product companies, it's a design license agreement where they can actually put our eRAM into their chip, embed it into their chip and go manufacture. So I'm glad to announce that we have a first design license agreement signed. And... And we have several in the pipeline now, so this is starting to move forward. Um, you know, we, we, we added it it's post quarter end. So it wasn't in last quarter. It's actually a recent now that we signed that agreement. Uh, but, uh, we are expecting to sign more and, uh, following, uh, kind of the industry standard, uh, since, uh, product companies, you end up having, uh, a lot more than manufacturing. We'll just be announcing them, uh, uh, in our quarterlies from now on, uh, as we move forward, uh, the new deals that we do. So that's more or less it. It's really exciting times. I think you can see also in the 4C and the cash reports and at the end of this quarter, at the end of this month in the yearly report, you'll be able to see the cash progress, the revenue progress, etc. It's a lot of hard work, but we're finally seeing the fruits of this hard work. And there's a lot happening and a lot more to do before the end of this year.

Okay, thank you, Kobi. We will now move to the Q&A session. So once again, if you have any questions, please type them into the Q&A box on the bottom of your screen. We do have several questions coming through. We will maybe start with the new announcement about the product company. How would you describe Webit's first customer signing mentioned in the quarterly? Are they a big, well-known name or smaller? And are they linked to Skywater?