BRN Discussion Ongoing

Diogenese

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Th
So this deal is worth just over 4 million Aussie dollars, yeah?

US 1.8 million
+
US 800K


View attachment 74005

My reading is that we, as the contractor to AFRL, pay the sub-contractor $800k.

I don't think the actual amount we get is as important as the recognition which this provides in validating our tech, especially TENNs.
 
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Quatrojos

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Th


My reading is that we, as the contractor to AFRL, pay the sub-contractor $800k.

I don't think the actual amount we get is as important as the recognition which this provides in validating our tech, especially TENNs.
It’d be nice to know who the subcontractor is. Do we know? Haven’t read the Ann yet…
 
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Th


My reading is that we, as the contractor to AFRL, pay the sub-contractor $800k.

I don't think the actual amount we get is as important as the recognition which this provides in validating our tech, especially TENNs.
I think you're right Diogenese, because it says the 800k is a "fixed fee" whereas the 1.8m is the paid to BrainChip contract amount.

I think it's worth clarification by the Company though..
 
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FiveBucks

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Contract!!! Well done Sean. Now can you lock in about 20 more please!!
 
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This provides some further details and I do like the potential of Ph III

IMG_20241210_092521.jpg
 
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Calsco

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I wonder how the American market will respond to this announcement
 
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Baisyet

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Hi Baisyet,

I think that Jason has/had a narrow view of what constitutes neuromorphic, being analog neurons.

It is true that analog neurons more closely resemble biological neurons by adding actual voltages and firing when a threshold voltage value is reached. A leaky-integrate-and-fire (LIF) neuron can be represented by a capacitor in parallel with a resistor. As the capacitor is charged by input current spikes from other neurons, it begins to discharge (leak) through the resistor, so the rate of incoming spikes is important. If the rate is too low, the capacitor voltage will drop faster than it is built up by the spikes and the neuron will not reach the threshold.

Akida is designed to produce a digital imitation of the function of biological neurons. Akida's neurons "count" digital bits and fire when the count reaches a numerical threshold. The digital output of Akida is equivalent to the result of passing the output of an analog neuron through an analog-to-digital converter, which is a necessary step with an analog neuron if its output is to be useful in a CPU/GPU. Akida uses a time window to replicate the leak by only counting the most recent block of N spikes.

Akida is suitable for edge devices because of its speed of response (low latency) and its low power requirements which make it ideal for battery operated devices.
Thank you very much @Diogenese
 
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toasty

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"Neuromorphic hardware provides an advantage of a factor of 100 in power consumption per inference relative to emulation using a traditional Graphics Processing Unit". That statement, made by persons independent of Brainchip and referenced in a USAFR document, must send shivers down the spine of management and product planners at Nvidia, Qualcomm and ARM...........I hope!! 😄
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
Th


My reading is that we, as the contractor to AFRL, pay the sub-contractor $800k.

I don't think the actual amount we get is as important as the recognition which this provides in validating our tech, especially TENNs.
Thanks. I have deleted my post so as not to confuse anyone over the figures.
 
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Wags

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SiDEvans

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Whilst I agree that the amount we receive is less important than the exposure (as someone previously posted), it would be nice if BRN could make a market announcement that didn't need some form of follow up to make it understandable & / or correct ..... or maybe that's too much to ask.
Whatever, its a bloody great milestone.
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
This provides some further details and I do like the potential of Ph III

View attachment 74007
Hi @Fullmoonfever,

It's interesting what they're saying here is that the power consumption "provides an advantage on factor of 100 in power consumption" relative to using a traditional GPU.

Mercedes report very similar results in their use of neuromorphic computing.





Screenshot 2024-12-10 at 1.56.02 pm.png
 
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7für7

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Thanks. I have deleted my post so as not to confuse anyone over the figures.
Too late… I was adding just 6 million on top of your 4 to make it round and smooth… thank you for that bravo…… NOW GO AND RUN!!!
 
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Esq.111

Fascinatingly Intuitive.
Afternoon Chippers ,

Great to see a ASX contract , Hopefully the start of something VASTLY larger.

She's gaining pace....be thinking the American market should fully light the fuse on this tonight when their market comes on line.

RELEASE THE HANDBREAK

Parrot On Bicycle Photos, Images & Pictures | Shutterstock


Regards,
Esq.
 
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7für7

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Now that I’ve tasted blood… give me another big announcement as dessert! Come on, Braini!
 
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manny100

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This deal is just the start.
Tony V at the AGM said the 1st deal or 2 will give confidence to client engagees.
 
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manny100

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Did I mention that both Sean and Tony V have been accumulating shares madly.
Both now in top 50.
I am tipping Sean for top 25 this time next year.
That gives me confidence.
 
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RobjHunt

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Go the almighty hour of power 👋
 
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Sean Hehir, CEO of BrainChip, highlighted the importance of this work, stating:

"This partnership showcases how neuromorphic computing can achieve significant benefits of low-power, high-performance compute in the most mission-critical use cases."

The contract also involves BrainChip partnering with a yet-unnamed aerospace and defence giant. Milestone payments will begin in January 2025, providing much-needed revenue consistency over the next year.
 
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