BRN Discussion Ongoing

[Kachoo]

This is positive :

View attachment 68536

That Is extreamly positive in my mind yes. 2 deals be what value they are but as long as things move forth its great. All the other news is past info nothing new. This nugget is positive lets hope this snowflake rolls to a snow ball and bigger

 

[Space Cadet]

I think they're just getting him in shape for when Mrs Atlas arrives on the scene.
After all....all work and no play makes Mr Roboto a dull boy.

Lol. Waiting for Mrs Atlas. I think Mrs Atlas will be a bit disappointed in only 8 push - ups.

Sc

 

[7für7]

Why no announcements regarding the agreements? Or did I miss something in the past?

 

[DingoBorat]

This is positive :

View attachment 68536

That's AUD 313500 already 3 times (edit- 2 times HY in USD) the reported Half Year

Hey, it's a start!

This is also a bit of new language?..

"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"

I think that may be the first time, we've seen "military applications" mentioned directly?

 

[IloveLamp]

That's AUD 313500 already 3 times, the reported Half Year

Hey, it's a start!

This is also a bit of new language?..

"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"

I think that may be the first time, we've seen "military applications" mentioned directly?

Anil mentioned working with military in an interview approx 2 years ago.

Can't remember the exact one but military has definitely been mentioned, although i don't recall it ever being mentioned on the asx before.

 

[Diogenese]

That's AUD 313500 already 3 times, the reported Half Year

Hey, it's a start!

This is also a bit of new language?..

"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"

I think that may be the first time, we've seen "military applications" mentioned directly?

Following on from @Bravo's post about Parsons' takeover of BlackSignal, and our Blue Ridge connexion, Blue Ridge being a BlackSignal company, you'd have to think that that is part of the military interest in a "broad range of tactical devices".

By taking over BlackSignal, Parsons has expanded its ecosystem from the army and intelligence to include the air force, navy and DARPA.

My feeling is that, along with the expanded ecosystem, Parsons were keen to acquire some digital SNN capability.


https://brainchip.com/brainchip-and...ate-on-next-generation-tactical-edge-devices/

BrainChip and Blue Ridge Envisioneering Collaborate on Next-Generation Tactical Edge Devices​

Laguna Hills, Calif. – April 10, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Blue Ridge Envisioneering (BRE), an engineering specialist serving the defense and intelligence communities, today announced a collaboration to support advanced decision-making applications for broad range of tactical devices.

BRE, a Black Signal Technologies company, will integrate BrainChip Akida™ processors in a variety of high-performance applications.

Tactical devices such as these are deployed where they have restrictive thermal requirements and limited access to power yet are required to operate efficiently. Akida’s ability to perform data processing, including AI/ML tasks at the edge, and its power-conserving neuromorphic design makes its utility in military and intelligence settings a potential breakthrough.

“Almost all conventional Deep Neural Networks are developed to run on power-hungry GPUs that strain power systems and generate a significant amount of heat; when data must be processed in real-time on a remote device, the challenge for hardware developers is immense,” said Stefan Moritz, BRE. “BrainChip’s Akida will be useful for tactical devices that ingest sensor data and use AI/ML to improve decision-making.”

“The collaboration with BRE will show how Akida can excel where power and communications are in short supply,“ said Rob Telson, BrainChip Vice President of Ecosystem and Partnerships. “This joint effort will expand the boundaries of what AI at the edge can do in both tactical and commercial applications.”

 

[IloveLamp]

Amazing how the ann drops, over 2mil shares on the buy side at 19c vanishes shortly after they realise no one is selling......

 

[Fenris78]

 

[HopalongPetrovski]

That's AUD 313500 already 3 times, the reported Half Year

Hey, it's a start!

This is also a bit of new language?..

"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"

I think that may be the first time, we've seen "military applications" mentioned directly?

Yes.
As we all are aware, like space, military applications are extremely likely to be early adopters and proving grounds for our advanced tech.

After all, particularly when global economies are being somewhat squeezed, it is the military's who have both the budgets and the motivation to incorporate whatever advantages we can bestow as quickly as possible, particularly in preparation for a potential kinetic exchange with China over Taiwan.
They will be developing all their autonomous and semi autonomous vehicles and weapons platforms, including terrestrial, maritime, subsurface, air and space based assets as rapidly as they can, as a counter to the rapid Chinese military buildup and their stated intentions.

Also considering the force multiplier effect and the relative economy of relatively low tech drones in the current and ongoing Ukraine/ Russian conflict, I imagine amazing advances in autonomous drone warfare are being realised as we speak amongst the skunkworks, MI5's and DARPA's of this world.
Drones, I think, Akida enhanced, may well prove to be our "killer application".

 

[robsmark]

How does the companies/ASX continual disclosure requirements, not required this to be announced at the time to the market? It has a $figure attached FFS!!

This is positive :

View attachment 68536

 

[manny100]

That's AUD 313500 already 3 times (edit- 2 times HY in USD) the reported Half Year

Hey, it's a start!

This is also a bit of new language?..

"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"

I think that may be the first time, we've seen "military applications" mentioned directly?

I noticed the military applications as well.
Huge opportunities in that space.
AKIDA is supreme in harsh conditions.

 

[HopalongPetrovski]

How does the companies/ASX continual disclosure requirements, not required this to be announced at the time to the market? It has a $figure attached FFS!!

Hi Rob.
I'm guessing the Company is using that last line as a reason not to have done a formal announcement?

"Due to the nature, timing and risk associated with these projects, it is not possible for the Company to estimate future royalty revenues associated with these agreements."

I'm not saying I agree or am in favour of this rationale but think it perhaps consistent with the previous Company line in regard to these matters.

 

[DingoBorat]

How does the companies/ASX continual disclosure requirements, not required this to be announced at the time to the market? It has a $figure attached FFS!!

Because it's not considered a "material amount" considering costs?..

Might be worth getting a direct comment from the Company.

An ASX announcement, would have certainly been "allowed" as far as I'm aware..

Talk about laying low..

 

[7für7]

I ordered three years ago my Bentley continental GT. I was expecting to get rich this year.. unfortunately it seams to take more time when I look to the share price… so, if someone is interested to this car please PM me because I put everything into brainchip good bye GT you gone before we could get to know each other….

 

[rayzor]

BRN 1/2 yearly report in

 

[rayzor]

BRN 1/2 yearly report in

 

[TECH]

Gidday All,

I feel that the half-yearly pretty much summed up our current state of affairs, I did notice that the collaboration with Frontgrade
Gaisler was announced on 6 May, so a 3 month lag period before an agreement was formally signed, though it also included the addition
of Airbus Defense and Space

From my calculations we had approximately 45.138 Million AUD less expenses for the 2 last months of this quarter, it's certainly a
journey isn't it long termers !!

Is TATA going to be the first to make that quantum leap ??

Keep the faith............ AKD I AKD I.5 AKD 2.0 AKD TENN's...........Tech.

 

[FJ-215]

How does the companies/ASX continual disclosure requirements, not required this to be announced at the time to the market? It has a $figure attached FFS!!

If this was announced to the market at the time of signing, I wonder how much more money could of been raised thru the SPP?

 

[charles2]

If this was announced to the market at the time of signing, I wonder how much more money could of been raised thru the SPP?

Or fewer shares issued...

 

[Quatrojos]

Because it's not considered a "material amount" considering costs?..

Might be worth getting a direct comment from the Company.

An ASX announcement, would have certainly been "allowed" as far as I'm aware..

Talk about laying low..

Talk about lying underground!

I agree it might be worth getting a direct comment from the Co.

Considering costs, the amount is immaterial. Considering revenue, the amount is worth an ASX mention...