Like almost everyone else, I'm disappointed by the present SP, and believe that rehousing at this price would be little short of disasterous, and I believe that the board would not have broached the move unless they anticipated a near-term improvement.
There are a couple of recent developments which may be capable of pproducing the type of business improvement required to boost our market capital and generate substantial recurrent revenue.
QV Lockheed PSU M2 cybresecurity
This started as an SBIR project to develop cybresecurity for the US DoE. I didn't hear what the outcome of the SBIR as, but Brainchip are offering an M2 cybresecurity chip suitable for edge access points. That's a massive market. The amount of malware injected into the internet keeps growing at an alarming rate. The capability to detect and terminate malware at the access point in real time is essential. Think of the disruption a trojan attack could cause to online banking, social networks, business, ...
QV's cyberneuro-RT application was developed in conjunction with Lockheed and Penn Uni:
https://www.eenewseurope.com/en/low-power-neuromorphic-processing-boosts-cyberthreat-detection/
Low-power neuromorphic processing boosts cyberthreat detection
Technology News | January 20, 2025
By Jean-Pierre Joosting
BrainChip Holdings Ltd has integrated its low-power event-based, neuromorphic AI into an innovative cyberthreat intelligence tool that leverages the Akida™ processor to provide protection for WiFi access, home router, small enterprise routers and other network access devices.
Quantum Ventura developed the CyberNeuro-RT (CNRT) technology in partnership with Lockheed Martin’s MFC Division and Pennsylvania State University under partial funding from the U.S. Department of Energy. BrainChip supplies at-the-edge neuromorphic processing to facilitate on-chip learning for deployment of network-specific attack cyberthreat detection. Akida’s small form factor provides magnitudes less power consumption than a GPU, overcoming form factor and power limitations of internet-connected devices that otherwise would be unprotected.
Micro-Doppler radar Akida 2
https://www.defenceconnect.com.au/i...n-contract-with-air-force-research-laboratory
T
he producer of neuromorphic artificial intelligence IP, BrainChip, has been engaged in a US$1.8 million contract by Air Force Research Laboratory.
BrainChip will partner with subcontractor(s) to develop comprehensive set of algorithms and neural networks optimised for BrainChip neuromorphic hardware.
The contract, granted under the US federal government’s Small Business Innovation Research (SBIR) program over the 12-month term of the agreement, is expected to develop neuromorphic radar signalling processing.
...
T
he contract is an expansion of efforts after a multinational aerospace and defense customer successfully demonstrated radar processing algorithms capable of running on BrainChip’s commercial off-the-shelf neuromorphic hardware as part of an internal research and development initiative.
This current program, however, will develop algorithms based on BrainChip’s proprietary state space model algorithm framework known as TENNs (Temporal Event Neural Network) and will be optimised to run on Akida 2.0 hardware.
The BrainChip TENNs algorithm, combined with Akida 2.0 technology, has successfully demonstrated the capability to run models very efficiently, resulting in significantly higher performance at ultra-low power relative to traditional accelerators running traditional models.
This contract is to produce TENNs models/algorithms optimized to run on Akida 2/TENNs. we know that TENNs can run without Akida, but, as Tony Lewis said, they're better together.
legacy.www.sbir.gov
Mapping Complex Sensor Signal Processing Algorithms onto Neuromorphic Chips
OUSD (R&E) CRITICAL TECHNOLOGY AREA(S): Trusted AI and Autonomy; Advanced Computing and Software; Microelectronics; Emerging Threat Reduction
T
he goal is to outline a versatile approach that can translate algorithms as specified in the Matlab or Python software environment into a neuromorphic model implemented in physical hardware.
There have been a couple of false dawns as far as producing the Akida 2 SoC, but this contract is to produce models/algorithms for Akida 2, so the wheels may be turning in the background (NDA?).
MicroDoppler radar can be used, eg, to detect, identify, and track drones from their propellor rotation signature, so there is an ongoing need for this.
This project has been given priority status by bypassing Phase 1.
Then there was the announcement for Lockheed and QV to set up cybresecurity for UAE.
So there are a few recent announcements which may come to the party
My favourite is the QV Cyberneuro-RT cybersecurity application.
That said, it would be good to have Akida 2 produced in silicon as a result of the microDoppler radar project.
Whether it's one of the above, or one (or more) of the many partnerships/EAPs, the penny has to drop before rehousing.