Incorporated in Israel in 2015, Weebit was built to address the growing need for data storage and Embedded NVM technology around a revolutionary Memory technology invented by Professor James Tour of Rice University. Prof. Tour is a world-renowned leader in the field of materials engineering and nanotechnology. Weebit has secured several patents to ensure optimal commercial and legal protection for its ground breaking technology. This quantum leap will allow semiconductor memory elements to become faster, more reliable energy efficient and cost effective NVM than the existing Flash technology. Weebit has signed an R&D agreement with Leti to further develop SiOx ReRAM technology. Leti, an institute of CEA, is focused on creating value and innovation through technology transfer to its industrial partners. Leti specializes in nanotechnologies and their applications. CEA was ranked as the most innovative Research institute in 2016 by Reuters. Weebit is aiming to strengthen its IP and Patent portfolio throughout the development roadmap by creating new innovations and patents