The semiconductor industry is a 600B$ industry. The share of semiconductor memories is 150B$. But there are no memory manufacturers in Europe. So, the EU is missing out on a huge share of the semiconductor market! FMC will change that – by creating fundamentally new memories based on our disruptive material innovation, we will become a major memory player from Europe, reducing the EU’s critical dependence on overseas suppliers, creating jobs, and making semiconductors greener. Our memory is as fast and low cost as DRAM, while providing non-volatile data storage. Our memory products will significantly reduce the energy consumption of data centers, enable instant-on capabilities, and double the battery life of smartphones, PCs, and IoT devices. In addition, non-volatile working memory immediately protects against data loss due to power outages. Our vision is to disrupt the memory industry and become the first EU memory company, set up production facilities in Europe to become the next EIC unicorn.