BRN Discussion Ongoing

[Fullmoonfever]

SPP announced 25 July, close 15 Aug.

Report says Frontgrade Airbus deal signed in Aug.

IMO, it's quite understandable it wasn't announced prior to SPP close given it may have only been formalised after that date.

Also, it says Aug, so who is to say it wasn't only just literally signed and combined with the Half Yearly rather than a standalone Ann.

Would I have liked a separate Ann, yep, as would be more visual to wider .arket however, the issue of ongoing revenue calcs (or guesstimates) required by the ASX make it an essentially difficult grey area, so Half Yearly inclusion would not be deemed a fluffy or ramping Ann imo.

 

[Guzzi62]

So Akida 1.0 is the chip the 2 deals will be using!

Interestingly the CEO was saying that 1.0 is not what customers want, 2.0 is the star of the show.

I never understood that, 1.0 is fine for simpler tasks so why not utilize that?

So Frontgate and Airbus are 2 different deals, right? Yes they are, just read the 1/2 year report.

 

[DingoBorat]

So Akida 1.0 is the chip the 2 deals will be using!

Interestingly the CEO was saying that 1.0 is not what customers want, 2.0 is the star of the show.

I never understood that, 1.0 is fine for simpler tasks so why not utilize that?

So Frontgate and Airbus are 2 different deals, right? Yes they are, just read the 1/2 year report.

I think Sean's comments, in relation to AKIDA 1.0 IP, being "too narrow" have to be taken into context, of the size of the Market BrainChip is chasing.

AKIDA 1.0 IP was not made redundant or obsolete, by AKIDA 2.0 IP (which includes TeNNs) or TeNNs alone.

As for chasing the lower hanging fruit, companies like BeEmotion are doing that for us (assumed).
@itsol4605 BeEmotion are an Enablement Partner of ours.

They were pretty much struggling (not exactly doing fantastic now, like us..) with their applications, before we came along and provided our technological sauce.
From memory, Anil personally advised them on changes to the configuration of AKIDA, which gave them 1000fps (frames per second) performance (somebody back me up, or correct me here ).

They or any other partner, are not going to say "Hey, and BrainChip are helping us do this!".
There is nothing reportable, by BrainChip on this either and we are not privy to the partnership arrangements between BrainChip and them, or any other partner.

Obviously though, in BeEmotion's case, it won't be via an IP licence.

But this deal by BeEmotion anyway, is smallfry at this stage and any revenue, wouldn't even provide any runoff, as the drops hit the side of our Mountain (okay, huge amount of poetic licence used there.. Consider it a Future reference).

 

[Pom down under]

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!!

Yep

 

[Pom down under]

SPP announced 25 July, close 15 Aug.

Report says Frontgrade Airbus deal signed in Aug.

IMO, it's quite understandable it wasn't announced prior to SPP close given it may have only been formalised after that date.

Also, it says Aug, so who is to say it wasn't only just literally signed and combined with the Half Yearly rather than a standalone Ann.

Would I have liked a separate Ann, yep, as would be more visual to wider .arket however, the issue of ongoing revenue calcs (or guesstimates) required by the ASX make it an essentially difficult grey area, so Half Yearly inclusion would not be deemed a fluffy or ramping Ann imo.

I think management care more about shorters than us share holders

 

[Fullmoonfever]

So Akida 1.0 is the chip the 2 deals will be using!

Interestingly the CEO was saying that 1.0 is not what customers want, 2.0 is the star of the show.

I never understood that, 1.0 is fine for simpler tasks so why not utilize that?

So Frontgate and Airbus are 2 different deals, right? Yes they are, just read the 1/2 year report.

My question on that point...

Do they generalise the Akida1500 reference SOC as Akida1.0 Gen also, like a catch all given it's not Akida 2.0 Gen.

They only say Akida 1.0 not AKD1000 or 1500.

Reason is, I'm sure I've read previously when looking at NASA, Vorago etc the FD-SOI 22FDX is a well suited process for space, rad hard type use too.

Given this is what Frontgrade and Airbus appear to be about in the ESA project is it 1500 or 1000?

Maybe it is just 1000 as a bench test POC, Dev or similar initially then step up to the 1500?

BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries

BrainChip's latest milestone: AKD1500 chip arrival from GlobalFoundries. Explore the future of semiconductors here.

brainchip.com

 

[Fullmoonfever]

I think management care more about shorters than us share holders


View attachment 68548

Playing devils advocate...one could argue the point that if a SH wanted to increase their holding at what some perceive as a cheap price or to average down as they believed in future progress then "caring more for the shorters" inevitably provides care for those SH's with a lower entry point, lower average cost and increased holdings

 

[Pom down under]

Playing devils advocate...one could argue the point that if a SH wanted to increase their holding at what some perceive as a cheap price or to average down as they believed in future progress then "caring more for the shorters" inevitably provides care for those SH's with a lower entry point, lower average cost and increased holdings

Maybe we will never get another price sensitive announce through the normal channels and only via a quarterly. So that gives me and @DingoBorat another 3 months to buy some more

 

[CHIPS]

Greetings from the German stockmarket:

View attachment 68334

Correction

View attachment 68336

It was all just a game ... . Germany this morning:

 

[CHIPS]

I'm not sure why that's surprising..

Peter and his Family, will always be the largest "personal" holders, in my opinion.

Wealth, Is obviously not a driving factor and he has already demonstrated philanthropic tendencies, completely unheard of (as far as I'm aware) from the Founder of a Company, that wasn't even profitable yet..

Something the absolute pricks at SimplyWallSt, promoted as a negative with "Company director selling shares"..

I wouldn't be surprised, if he set up some kind of Foundation, for the benefit of humanity, with his portfolio as backing, some Time in the Future.

Because I expected Peter to hold most stocks.

 

[CHIPS]

Are you sure? Is it 100% Brainchip? I don't think so!
Yes, would be great, absolutely!! But...

No, I did not say that. I only meant that it is a 10-year license between those two companies. But if BRN was involved then it could also mean a long-term license for us.

 

[DingoBorat]

My question on that point...

Do they generalise the Akida1500 reference SOC as Akida1.0 Gen also, like a catch all given it's not Akida 2.0 Gen.

They only say Akida 1.0 not AKD1000 or 1500.

Reason is, I'm sure I've read previously when looking at NASA, Vorago etc the FD-SOI 22FDX is a well suited process for space, rad hard type use too.

Given this is what Frontgrade and Airbus appear to be about in the ESA project is it 1500 or 1000?

Maybe it is just 1000 as a bench test POC, Dev or similar initially then step up to the 1500?

BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries

BrainChip's latest milestone: AKD1500 chip arrival from GlobalFoundries. Explore the future of semiconductors here.

brainchip.com

That's my understanding.

There were the original Engineering Samples, using AKIDA 1.0 IP.
Then there was the small production run, which already had significant improvements.
AKD1500 was then produced, basically being the AKIDA 1.0 IP minus the additional ARM IP in AKD1000 (and in a different foundry process).

At least that's my uninformed opinion.

We don't know, how they are using the IP, just that it's 1.0 (how many nodes, co-processer type etc).

@Diogenese ..

 

[DingoBorat]

Maybe we will never get another price sensitive announce through the normal channels and only via a quarterly. So that gives me and @DingoBorat another 3 months to buy some more

View attachment 68549

"YEAHH BABY!"

 

[HopalongPetrovski]

Maybe we will never get another price sensitive announce through the normal channels and only via a quarterly. So that gives me and @DingoBorat another 3 months to buy some more

View attachment 68549

One of you boys is gonna wind up with so many shares, the rest of us will call you Fat Bastard!

 

[DingoBorat]

One of you boys is gonna wind up with so many shares, the rest of us will call you Fat Bastard!

And then I'm gonna get me them back hair implants!

 

[Diogenese]

That's my understanding.

There were the original Engineering Samples, using AKIDA 1.0 IP.
Then there was the small production run, which already had significant improvements.
AKD1500 was then produced, basically being the AKIDA 1.0 IP minus the additional ARM IP in AKD1000 (and in a different foundry process).

At least that's my uninformed opinion.

We don't know, how they are using the IP, just that it's 1.0 (how many nodes, co-processer type etc).

@Diogenese ..

Yep. 1500 is the stripped down BRN IP, without the ARM Cortex, but I assume with the non-BRN standard interface comms.

 

[Bravo]

I've been thinking a lot lately about Anotnio's comment at the AGM when he stated "You may have one of the licencees’ in our pipeline may come to us and take a 5 year subscription licence, they’re that big. Thats only one licence. But if they take a 5 year architectural licence to what we’re developing that will make us profitable overnight. "

Does anyone think that Antonio was just generalising about what might happen in an industry-wide sense or do you think he may have been referring to the BOD having been involved in conversations with an actual potential customer about obtaining a 5 year licence?

Also, just wondering what everyone's thoughts are on why a company would choose to buy a 5 year licence before we have had a chance to really establish ourselves? Is there some benefit (i.e discount, perk, etc.) that would come from a 5 year licence and how would any risks be mitigated if BRN were not to make it through another 5 years?

I suppose we could just ask for confirmation of whether discussions have taken place with specific customers about a 5 year architectural licence. Presumably this wouldn't breach any NDA's.

 

[FJ-215]

SPP announced 25 July, close 15 Aug.

Report says Frontgrade Airbus deal signed in Aug.

IMO, it's quite understandable it wasn't announced prior to SPP close given it may have only been formalised after that date.

Also, it says Aug, so who is to say it wasn't only just literally signed and combined with the Half Yearly rather than a standalone Ann.

Would I have liked a separate Ann, yep, as would be more visual to wider .arket however, the issue of ongoing revenue calcs (or guesstimates) required by the ASX make it an essentially difficult grey area, so Half Yearly inclusion would not be deemed a fluffy or ramping Ann imo.

Hi FMF,

We announced today that the deal was signed off in August, although what the exact day was, we will probably never know. But; we do know that BRN took to X (twitter) back in mid July to spread the news of the agreement between the parties. If only the BoM would use the ASX platform to keep the local market informed of developements rather overseas news wires maybe, just maybe, we could raise money without diluting the hell out of existing shareholders.

While I'm on SP, it's not just us holders hurting here. Our staff are being partly paid in shares. For them, every time the SP drops, they are getting a pay cut.

Is Antonio telling them to suck it up as well?

 

[Wags]

I've been thinking a lot lately about Anotnio's comment at the AGM when he stated "You may have one of the licencees’ in our pipeline may come to us and take a 5 year subscription licence, they’re that big. Thats only one licence. But if they take a 5 year architectural licence to what we’re developing that will make us profitable overnight. "

Does anyone think that Antonio was just generalising about what might happen in an industry-wide sense or do you think he may have been referring to the BOD having been involved in conversations with an actual potential customer about obtaining a 5 year licence?

Also, just wondering what everyone's thoughts are on why a company would choose to buy a 5 year licence before we have had a chance to really establish ourselves? Is there some benefit (i.e discount, perk, etc.) that would come from a 5 year licence and how would any risks be mitigated if BRN were not to make it through another 5 years?

I suppose we could just ask for confirmation of whether discussions have taken place with specific customers about a 5 year architectural licence. Presumably this wouldn't breach any NDA's.

Hi Bravo,
Didn't he also say, (Paraphrasing), that they were meeting C level management of the biggest tech companies of the world?, or was that Sean?
I actually don't know what "C level" management means, but assuming very high in the hierarchy.

 

[Fullmoonfever]

Hi FMF,

We announced today that the deal was signed off in August, although what the exact day was, we will probably never know. But; we do know that BRN took to X (twitter) back in mid July to spread the news of the agreement between the parties. If only the BoM would use the ASX platform to keep the local market informed of developements rather overseas news wires maybe, just maybe, we could raise money without diluting the hell out of existing shareholders.

While I'm on SP, it's not just us holders hurting here. Our staff are being partly paid in shares. For them, every time the SP drops, they are getting a pay cut.

Is Antonio telling them to suck it up as well?

Makes sense and agree with where you're coming from.

However, the core issue seems to stem from the ASX interpretation of their own rules where if you make a material Ann you better damn well have some revenue figures or additional info to back it up or you're just ramping.

Maybe BRN has taken an extreme gun shy approach to it and/or it fits for them and/or clients/partners not having to reveal too much or retract (which is more damaging).

ASX cracks down on ‘ramping announcements’

The use of ‘ramping announcements’ has been on ASX’s radar for some time now. Listed companies should carefully consider the content of and language used…

hallandwilcox.com.au

Excerpts.

"If ASX suspects a ‘ramping announcement’ has been made, it will carefully consider whether to suspend trading and issue a query letter to the entity seeking further information about the announcement."


"Ramping announcements’ can also take the form of an announcement that an entity has entered into what appears to be a material contract but with very limited information disclosed to actually assess the materiality of the contract and its impact on the price or value of the entity’s securities. This has been a particular area of focus for ASX."