The 18-year-old pop star is the youngest artist in history to write and record a James Bond theme song.
The new track also features on Tame Impala's new album, 'The Slow Rush', which is set for release on 14 February.
The Las Vegas quartet took the honours with their much-acclaimed trio of singles, ‘Believer,’ ‘Thunder,’ and ‘Radioactive’.
“Visuals are so important to me, and I’m very proud to be in a place where I can present my creative vision exactly as I want it," Eilish says.
'Memories' recently peaked at No.4 on the Billboard Hot 100, becoming the band's 10th top-five track in the US.
Kicking off in Dublin on 11 May, the Aussie stars will take their high-octane live show across the UK and the continent.
The duo's '44/876' album went on to win the Best Reggae Album award at the 61st Grammy Awards in February 2019.
The song is set to feature on The 1975’s new album, 'Notes on a Conditional Form', scheduled for release on 21 February 2020.
The new run of shows starts on 4 February in Omaha, Nebraska, and wraps on 21 March in Salt Lake City, Utah.
These upcoming tour dates will see the LA-based group playing four dates in Brazil as well as Mexico and Chile.
The oeuvre-defining disc over 16 million copies worldwide, and was certified diamond in the United States and Canada.
The tour sees the LA-based pop stars heading to Uruguay, Argentina and Colombia.
Fans can expect the new song to drop on Wednesday, 13 November.
'Fire (Part 1)' also features on the band's acclaimed 'Young & Dangerous' album, released through Polydor/Interscope Records.
“’Teeth’ came about after a month or two long blur of writing and pushing ourselves to go a step further than 'Youngblood',” says vocalist Luke Hemmings.