Weebit Nano Limited

meet the CEO, quarterly update with CEO Coby Hanock from Weebit Nano. So we're going to step through. I'll get Coby to make some introductory remarks with respect to the quarter, and then we'll work through your questions. We've got a pretty strict timeline, so hopefully we can conclude it in just around about an hour, but I'll be the timekeeper on this, Coby, so don't be concerned about that. But look, thanks everybody for joining us, a really big group that have joined us, Coby. So I want to throw to you for some opening remarks on the quarter to get us underway.

Thanks, Adrian. So welcome, everyone. Glad to have everyone here and talk to you again. Yeah, we had another... Good quarter, strong quarter. Obviously, the big highlight was at the end of the quarter with signing TI. I think that was a really important milestone for us. I think you can follow the trend that we went through from Skywater. We grew an order of magnitude to DB Hightech, another order of magnitude to OnSemi, and now another order of magnitude to TI, and we're really now dealing with the biggest semiconductor companies. And this is really exciting, the reaction from the world. in the semiconductor space and in general has been remarkable. And I think with TI and OnSemi and dbHightech, people see that this is really catching, this is moving forward. I always said that each deal makes the next one a little easier. It doesn't make it easy. It makes it easier. We're still pushing forward. We're still not in what I call the tornado, but we're really heading there. And it's really exciting. And, you know, we're hitting the ground running with them. We're having a big kickoff meeting next week and really pushing forward this project. So that's very exciting. We had a lot of other good things happen in the last quarter. We finished the qualification of DB Hightech, so now we saw that we meet all of the JEDEC requirements, etc., And it's in the hands of DB Hightech now to really take it and do all the final bureaucracies and work on officially announcing to their customers, etc. There still are several steps that they want to go through, but it's definitely going in that direction. We already have some product companies that... that are designing with our rear and planning to take out at the behind tech. So we were starting to see the light towards towards that mass production that everyone is waiting for. It's, you know, everything always takes so long with with these fabs, but it's moving. And we we actually got wafers from on semi which was kind of record timing guy and In a year from when we signed with them, we got the wafers. We have the dyes now being tested. We have good initial results with those dyes. So that's another important step forward. And they are already working, obviously, as an IBM. They're working on their products and things. And we're very excited about the partnership with OnSemi. And I would say the last point, of course, to note is We had another quarter of record cash coming in. I repeat what I said last quarter, this is based on all kinds of milestones and sometimes you just have several milestones sitting together or things like that. So I don't want anyone to have the expectation that every quarter will be a record cash quarter or that this is an indication of the future, but it is very nice to have that. So we are maintaining the guidance of having over $10 million revenue in fiscal year 26. Yeah, I guess I'll let you go to the question part.

Thanks, Coby. The questions have started coming in. So there's one that's popped up straight away. I'll just get you to address, which is obviously part of a quarter and a good announcement. So Weebit is licensed. It's reran technology to Texas Instruments. So can you talk us through the deal and the significance of the agreement for Weebit?