BRN Discussion Ongoing
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equanimous
Norse clairvoyant shapeshifter goddess
This is a helpful list of BRN news and Announcements especially for new investors here
Newk R
Regular
Pooping one's pants
Afternoon Chippers,This is a helpful list of BRN news and Announcements especially for new investors here
Great to see a solid day of GREEN.
Tradegate, Germany
Presently up 11.8%
€0.635 on 30,000 vol.
Good start.
Regards,
Esq.
Fullmoonfever
Top 20
Apparently couple more jobs advertised (or re-ad?) last few days but I'm curious re the Regional Sales Manager role.
We got thoughts on self driving cars and seen John Deere thrown around re agricultural equip but who we thinking on hearing aids and drones (other than military)?
We got thoughts on self driving cars and seen John Deere thrown around re agricultural equip but who we thinking on hearing aids and drones (other than military)?
Fullmoonfever
Top 20
Prophesee appear to be ramping up hiring as well.
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Labsy
Regular
Exactly... they get more bang for buck. Why buy a farm and not include the goose which lays the golden eggs...its mad and improbable.
Wow, it’s like today’s market read this and a huge case of FOMO kicked inA nice little piece from .... Shares-in Value
4.7 from 139 reviews
Date : 05/07/2022
BrainChip Holdings Set to Dominate the AI Market
Did you know that BrainChip Holdings is the only pure-play AI company on the ASX?
They have gone from humble beginnings in Australia and made it all the way to Silicon Valley in California. Led by a team of neuromorphic experts from all over the world, BrainChip has developed a chip, Akida, which mimics the human brain in AI applications. The technology is ground-breaking, and BrainChip holds 9 patents. A further 22 patents have now been filed and awaiting approval.
Akida is the world’s first commercial neuromorphic chip, and this is what it brings to the table:
BrainChip is Now an ASX-200 Company
- Akida is an ultra-low-power chip that provides fast AI applications at the Edge without needing a constant internet connection.
- Akida’s innovation and breakthrough technology has ensured that BrainChip has no competitors.
- The high barriers to entry and the patent portfolio ensure that this tech cannot be easily mimicked.
- Thus, the AI industry is BrainChip’s to penetrate once commercialisation begins.
Given the company’s progress in the past couple of years, BrainChip has grown from a market capitalisation of $700 million in 2020, which is when we began recommending it to our members, to a $1.5 billion market capitalisation.
BrainChip is now inducted into the ASX-200 index, which brings a suite of benefits, including mandatory institutional buying. ETFs and Management Funds such as Vanguard and Blackrock have products that invest in the ASX-200 index. This brings in billions of dollars of investor money.
Additionally, taking advantage of this situation, BrainChip launched the American Depositary Receipt (ADR) program to attract US institutional investors. With American investors gaining direct access, it will increase the interest in BRN shares considerably, as it is the biggest market, especially for tech shares.
A Deal with NASA Kicked Off BrainChip’s Emergence
Given the scalability and high-tech capabilities of BrainChip, it is no surprise that that firm has already partnered with the best tech companies in the world.
These partnerships proved Akida’s concept and set up BrainChip to begin its commercialisation strategy.
- BrainChip announced a partnership with Japanese firm Magic Eye to produce 3D sensors for use in robotics and surveillance.
- BrainChip collaborated with Vorago Technologies to support a Phase 1 NASA program for a neuromorphic processor that meets space flight requirements.
- NASA directly placed an order for BrainChip’s Akida Early Access Program for use at NASA Research Centre.
New CEO to Lead Commercialisation
Following proof of concept, BrainChip began taking orders for Akida AI Processor Development Kits. The company has now already shipped development kits to prospective customers, and sales announcements are expected to begin coming through.
To lead this commercial push, BRN recently appointed tech veteran Sean Hehir to transform the company from an Edge AI technology developer to a global semiconductor IP and chips supplier.
Mr Hehir has managed large global teams and been responsible for explosive revenue growth for global enterprise organisations such as Compaq and HP and smaller, fast-growing companies like Fusion-io. Hehir is an industry-recognised builder of trusted Strategic Alliances across diverse partners such as Systems Integrators, ISVs, and OEMs.
His strong relationships with top-tier global semiconductor manufacturers should enable BrainChip to capitalise on the many growth opportunities and steer it through the commercialisation phase. We can see this corporate strategy already in the works with new deals and partnerships.
Mercedes Deal Proves Entry Into Autonomous Car Market
Since Akida is extremely low-powered, it maximises performance and minimises power consumption. It solves two very critical bottlenecks in the technology space. And in fact, Mercedes has already used Akida in one of its recent concept cars.
Since Akida dramatically reduces the energy required for it to run, more energy is left in the tank for the cars to run longer. We think many more automobile companies developing Autonomous Vehicles will adopt BrainChip’s Akida in 2022 and beyond.
The Autonomous Vehicles (or Self-Driving Cars) market is expected to reach US$11 billion by 2028, and Google’s Waymo and Tesla lead it.
Tesla and Waymo are so far ahead of the competition that tier-1 manufacturers such as Mercedes, Toyota, Volkswagen, and Ford are looking to fast-track their technology development. Akida is the perfect bridge technology that will eventually enable these tier-1 manufacturers to catch up. This has already transpired in the Mercedes deal.
In addition to the automobile market, BrainChip is also involved in the Smart Home and Industrial Internet of Things (IoT) – both billion-dollar industries that are crying out for a chip that is as powerful as Akida.
Partnership with the Biggest Chip Companies in the World
Given the scalability and high-tech capabilities of BrainChip, the firm has already partnered with the best tech companies in the world.
Share Price Catalyst Everyone is Waiting for is Almost Here
- BrainChip’s latest partner is ARM, one of the biggest semiconductor firms in the world ($45 billion market cap) that makes one of the most technologically advanced chips.
- A deal with Japan’s MegaChips, a company with a 69 billion market cap, ensures BrainChip’s tech will reach global customers – allowing the firm to enter new geographies and leave a footprint.
As part of BrainChip’s commercialisation strategy, the company is targeting broader audiences by presenting at industry events and conferences to demonstrate the commercial applications of Akida Technology.
The company also focuses on physical expansion by quadrupling its US headquarters space. Larger facilities will support infrastructure needs to accelerate the commercialisation of BrainChip’s IP.
In the coming quarters, BrainChip is focused completely on securing additional strategic partnerships for incorporating Akida chips as part of customers’ technology offerings and through sales engagement in key markets worldwide.
With three revenue streams already established, BrainChip is headed for a wide range of commercialisation opportunities, all of which can be a catalyst for the share price.
Already Well Funded, There is No Stopping BrainChip
To support these activities, BrainChip has over US$31 million in cash. Going by its quarterly burn rate, this is enough reserves to take BrainChip through not just 2022 but 2023 as well.
This is a very good position to be in in a market where raising capital is becoming harder and more expensive. BrainChip is also expected to bring in revenues as commercialisation deals begin to flow.
We have witnessed BrainChip go from an R&D company to one with a unique technology that essentially transplants a human brain onto a chip. Now, BrainChip is beginning its ascent into becoming a global technology company that will bring in million in revenues.
Final Words
AI is the future, and BrainChip is the only pure-play AI company on ASX. Its technology is already being used by the biggest companies such as NASA and Mercedes.
BrainChip has also partnered with billion-dollar tech giants such as ARM and MegaChips. The new CEO is leading their commercialisation strategy, and deals are expected to be announced in the remainder of 2022. Early Access Program customers are also expected to report back to BrainChip with commercial contracts. With BRN now being inducted into the ASX-200, institutional investment and price catalyst announcements are in the pipeline.
chapman89
Founding Member
Great day today, finished on day high, 13% on low volume, who knows what tomorrow will bring but if the US can have a solid night we should breeze past $1.
If not, more buying opportunities for those who can, there’s not a stock on the asx with the same potential as Brainchip IMO, only a matter of time!
If not, more buying opportunities for those who can, there’s not a stock on the asx with the same potential as Brainchip IMO, only a matter of time!
@ladenbauer
Regular
cassip
Regular
Hi from Germany,Afternoon Chippers,
Great to see a solid day of GREEN.
Tradegate, Germany
Presently up 11.8%
€0.635 on 30,000 vol.
Good start.
Regards,
Esq.
SP and Volume continue to look good:
Tradegate 0,6395 up 12,59%
Volume: 95,185
Regards
cassip
Reuben
Founding Member
Wilzy .. remember we have a big list of shorters/ unknown capital companies we need to get back to on twitter when we hit 2$...
buena suerte :-)
BOB Bank of Brainchip
Hey chapman yep a great day and looking positive for overnight with US markets ... hopefully another GREEN day Tomorrow
Pre-Markets
US STOCK FUTURES
DOW FUTURES
310.000.99%- Level31,557.00
- Fair Value31,255.32
- Implied Open 301.68+
S&P 500 FUTURES
43.501.13%- Level3,908.50
- Fair Value3,866.22
- Implied Open 42.28+
NASDAQ FUTURES
163.501.36%- Level12,171.00
- Fair Value12,008.50
- Implied Open 162.50+
Perhaps
Regular
chapman89
Founding Member
This has been posted before but thanks for sharing again, it’s worth reading again!
Brainchip wouldn’t have Valeo on their website as being trusted by them if there wasn’t any movement with that relationship.
It’s clear to me that Valeo will be using Akida for its 3D next gen lidar due in vehicles 2024, same time as Mercedes EQXX.
IMO 2023 will be a huge year for Brainchip, if Mercedes are planning a release in 2024, Valeo 2024, well then you’d have to think that production will start in mid 2023, I believe Valeo and Mercedes won’t mind singing direct with us and having their name out there.
KMuzza
Mad Scientist
Yes-
AKIDA BALLISTA UBQTS
jtardif999
Regular
PVDM set this company up in such a way to avoid a hostile take over. 25% of share holder votes is all that is required to block such an attempt. Between management and the top 100 retail we have enough shares to do that. Any take over will have to be in our favour and based on our current position it would have to be pretty favourable.
Perhaps
Regular
If Valeo is hot, this should be hot too:
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