BRN Discussion Ongoing

[manny100]

Validation for space and the huge defence industry.
Building nicely.
As Tony V said at the AGM get a couple of deals and it helps with ongoing engagement wins.

 

[Pom down under]

View attachment 74247

...

I take back all those things I said Santa ...

Shall I ask Santa for a 3rd present as seemed to have gotten the 1st two

 

[Shadow59]

The take home of this is, if you look at this and the last announcement, they are for three separate products from Brainchip, TENNS, Akida 2 and Akida 1. all in mission critical situations by the USAF and ESA both highly respected entities. There really can't be much stronger validation for a commercial product to go forward. Who wouldn't want to advertise they are using the latest tech as used by both these parties.

 

[DingoBorat]

Shall I ask Santa for a 3rd present as seemed to have gotten the 1st two

View attachment 74248

I'll take the lot!

 

[Yoda]

Well talk about a Christmas present. While there isn't a big licence fee attached to this the validation together with the previous announcement positions us strongly now in the eyes of the rest of the market. Looks like it really could be takeoff in 2025 after all.

 

[Esq.111]

Little bit of nibbling going on.......

 

[Shadow59]

This could be a day we all wear out the refresh button on the computer.

 

[FJ-215]

Fantastic to news to be sure.

But......

It wouldn't be a BRN ann without some questions.

We are to receive 150,000 (Euro) from our role in the project, is this same money that was announced in the last 4C? Or is it additional income?

There does not appear to be an actual license fee attached to this agreement.
"Under this new commercial Akida IP licence agreement, BrainChip is entitled to receive a 10%
royalty on the Net Sale Price of Frontgrade’s first licensed product in exchange for providing Akida
1.0 IP that includes one hundred hours of integration support and twenty-four months of software
maintenance."

 

[toasty]

Fantastic to news to be sure.

But......

It wouldn't be a BRN ann without some questions.

We are to receive 150,000 (Euro) from our role in the project, is this same money that was announced in the last 4C? Or is it additional income?

There does not appear to be an actual license fee attached to this agreement.
"Under this new commercial Akida IP licence agreement, BrainChip is entitled to receive a 10%
royalty on the Net Sale Price of Frontgrade’s first licensed product in exchange for providing Akida
1.0 IP that includes one hundred hours of integration support and twenty-four months of software
maintenance."

If you're unsure its probably best to ask the company, rather than make the enquiry to a site full of anonymous posters...........

 

[buena suerte :-)]

This could be a day we all wear out the refresh button on the computer.

 

[TheDrooben]

Little bit of nibbling going on.......


View attachment 74249

Bit wary of the gap down to 25c.......

 

[Esq.111]

Bit wary of the gap down to 25c.......

Good Morning TheDrooben ,

To be honest I'm more worried about the GAP UP to $7.11.

FRICKEN UP IT.

Regards ,
Esq.

 

[DingoBorat]

Bit wary of the gap down to 25c.......

Gaps are psychological Larry..

They do have power, "purely" for that reason, but this gap has occurred because of a change in information.

If the ASX ran 24 hours (which there is no "real" reason for a limitation on trading hours) then there would be no gaps.

A lot of things can change, while the Market is closed and there is necessary catch up, whether positive or negative, when it opens.

 

[TheDrooben]

Gaps are psychological Larry..

They do have power, "purely" for that reason, but this gap has occurred because of a change in information.

If the ASX ran 24 hours (which there is no "real" reason for a limitation on trading hours) then there would be no gaps.

A lot of things can change, while the Market is closed and there is necessary catch up, whether positive or negative, when it opens.

Yes could turn into a breakaway gap @DingoBorat ......make no mistake I am not trading it, in fact I have never sold a single BRN share in 4 years and have continued to buy. TA trading usually makes it's own prediction's true.........I have just become wary of those predictions. Great couple of announcements over the last couple of weeks........time to shine IMO

 

[7für7]

As expected ….there was more to come since no podcast was released… If there’s still no podcast today or tomorrow, I’m expecting another announcement! But for today, first of all: BOOOOOOOOOOOOOOOM!

 

[Terroni2105]

Is the Ant61 Beacon different from the Ant61 Repair robot that includes AKD?

Akida is in the Beacon

 

[Humble Genius]

Good day for the Aussies


View attachment 74246

Exciting news!

ANT61 has signed our first distribution deal with major Japanese satellite risk consulting company SOMPO Risk Management, a sister company to the country’s major satellite insurer, Sompo .

This is a huge commercial milestone for ANT61, and we anticipate significant growth potential with as many as hundreds of Beacons in orbit over the next 5 years

The Beacon satellite module, built by ANT61, will join Sompo Risk Management’s suite of satellite risk management services, allowing it to enhance its insurance service offerings. The Beacon decreases the financial risk of satellite missions by delivering real-time satellite data for improved risk monitoring and decision making 🛰.

Sompo Risk Management will also act as the main point of contact for the Japanese market to procure and install Beacon modules on their satellites.

The Beacon allows users to ‘see in the dark’ by monitoring satellite health, orbital parameters, and radiation effects. It also offers satellite recovery capabilities, enabling uninterrupted, continuous, real-time communication to satellites. This allows satellite manufacturers to invest in more complex satellite systems by minimising mission risk, which reduces insurance premiums and, thus, overall mission cost .

ANT61 is thrilled to provide the Japanese market with improved satellite capabilities through this distribution deal .

We couldn’t ask for a better partner! Thank you very much, Tomohiro and James, for working tirelessly on the SOMPO side to make this happen in a record-breaking timeframe. We would like to extend our gratitude to the brilliant Investment NSW and Austrade teams in Tokyo and Sydney, who worked with us to get this deal over the line!

To enquire about the Beacon, please contact: info@ant61.com

 

[Terroni2105]

Akida is in the Beacon

The primary purpose of the Beacon is to restore communication and operation of the satellite in which it is installed.

 

[rgupta]

That review of mine was made around 2.5 years ago (about) and I'll still quietly weigh things up, my personal holding has
gone down quite a lot, just under 2.5 million at my peak and now around 1.1 million....that announcement last week was
very good, but the more I think about it, well, real revenue may not appear if the 2025/2026 contract fails to make solid
progress, if we and the subcontractor hit paydirt, well, lets all be 100% frank, revenue may not show up until 2027/2028.

I personally still need to see some "real traction" as 2025 unfolds, all this talk about EAP's and NDA's it's been going on for
many years, and I'm sure many feel the same way as I do, so to sum up, yes I'll spend a week mulling over things, generally
at this point I'm happy, but not really satisfied if you get my drift....it's that same old story.

From my satisfaction point I want to see a revenue of 5 million and 5 ip sales by end of 2025. That will put company back on track to where it should be. Luckily team brainchip already announced revenue worth 3 million,

( 3 million revenue include Usd 1.8 million from AFRL, €0.15 million from frontgrade,
Ip sale revenue will be on top of sales revenue to me)

and one ip sale by end of 2024.
That means almost 25% is achieved on my target of end of 2025.

 

[FJ-215]

If you're unsure its probably best to ask the company, rather than make the enquiry to a site full of anonymous posters...........

Sad that I have too.

But I have.