BRN Discussion Ongoing

[H.E. Pennypacker]

You do realize that there’s only positive news to report right now, and everyone who is truly invested here is happy about every positive development? It seems, however, that you’re rather unhappy about the fact that things are moving forward. And that, in turn, makes one wonder if you might secretly be a shorter, trying to push the price down like the others. But sooner or later, you’re going to burn your fingers. Karma, my friend. Goodbye. Penny packer what a nickname

As I said in my original post before the defensive brigade started attacking, which is one of the pit falls of this forum and has been for a long time. ‘Great to see an announcement.’ I’m happy to see an announcement but people getting overly excited about this shows of the fallen standards. This announcement is like giving a starving person a breadcrumb. If people are letting Sean off the hook over this announcement then that shows how low the expectations are these days. Hilarious, any opposing views means I’m a shorter. I’ve been in brainchip for 6 years bud

 

[Space Cadet]

Hi SC,

The way I read it, Frontgrade have the option to purchase the license for €150,000 (no royalty to BRN) or not pay a license fee and instead give BRN a 15% royalty.

I have emailed Tony D. to confirm if there is any license fee attached to this deal and whether the €150,000 mentioned is part of the money mentioned in the last 4C. (ie part of the €190,000 from FG & Airbus)

Thanks for the reply. Still doesn't make sense to me. 150,000 is a ridiculously small.amount when you look at the first product agreement. That's why I think it should have said 150,000 + 10% or drop the money and just go 15% royalty. I can't see management agreeing to giving it away.

SC

 

[Pom down under]

As I said in my original post before the defensive brigade started attacking, which is one of the pit falls of this forum and has been for a long time. ‘Great to see an announcement.’ I’m happy to see an announcement but people getting overly excited about this shows of the fallen standards. This announcement is like giving a starving person a breadcrumb. If people are letting Sean off the hook over this announcement then that shows how low the expectations are these days. Hilarious, any opposing views means I’m a shorter. I’ve been in brainchip for 6 years bud

Last time you posted here was October 22 can you try a wait a bit longer before you post again please

 

[Bravo]

Some interesting quotes here from Remi El-Ouazzane (STMicro) on the proliferation of AI within the microcontroller market over the next 5 years. He describes it as an AI “tsunami“ coming to edge devices.


“We expect AI compute performance at the tiny edge to grow by a factor of 50 to 100 times in the next five years,” El-Ouazzane said. “The continuum of tiny edge to cloud is the area where the compute growth will be the biggest over the coming years.”


STMicro has roughly a quarter of the microcontroller (MCU) market today, shipping between five and 10 million STM32 MCUs every day. According to El-Ouazzane, over the next five years, 500 million of those MCUs will be running some form of tinyML or AI workloads.

https://www.eetimes.com/stmicro-launches-npu-equipped-microcontroller/

https://www.eetimes.com/remi-el-ouazzane-a-tsunami-of-tinyml-devices-is-coming/

 

[H.E. Pennypacker]

Last time you posted here was October 22 can you try a wait a bit longer before you post again please

Old timer let’s hope I’m not posting here again in two years time and we’re still sitting below 30 cents. You’ve got a fitting name with your Pom Pom’s. maybe you can post us a little dance

 

[Pom down under]

Old timer let’s hope I’m not posting here again in two years time and we’re still sitting below 30 cents. You’ve got a fitting name with your Pom Pom’s. maybe you can post us a little dance

 

[FJ-215]

Thanks for the reply. Still doesn't make sense to me. 150,000 is a ridiculously small.amount when you look at the first product agreement. That's why I think it should have said 150,000 + 10% or drop the money and just go 15% royalty. I can't see management agreeing to giving it away.

SC

I believe there is no license fee attached to the first product agreement. We supply Frontgrade with IP (+support) in exchange for a 10% royalty.

Just a twist on how the IP model works. Instead of a large upfront fee and a small ongoing royalty (1 of 2%), BRN have opted for no upfront fee and a very big royalty.

 

[Diogenese]

There is nothing negative about this announcement. It is unalloyed good news.

Our first announced (successful) interaction with FG was the collaboration with ESA to evaluate Akida SoI (Global Foundries?) samples and software, AND the potential for integration into FG's next generation, fault tolerant, rad-hard microprocessors.

"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 included 100 hours of intergration support and 24 months of software maintenance. After 24 months FG has the option to purchase additional software maintenance for $125,000 per year. FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

BRN has licensed FG to use its Akida IP ,ie, thay are making a new SoC incorporating the Akida 1 circuit design.

This will, of necessity, also include one or more models as well as an MCU to configure Akida.

The MCU will probably be of FG design. The models may be a combination of an Akida model with additional FG data, or they may be FG data converted to Akida format.

So, as I read it, FG will be produing a MCU product line incorporating Akida 1 (10% royalty), and they have an option to produce a second MCU product line incorporating Akida 1 (15% royalty).

 

[7für7]

I really hate shorter and manipulater… unbelievable

 

[Diogenese]

There is nothing negative about this announcement. It is unalloyed good news.

Our first announced (successful) interaction with FG was the collaboration with ESA to evaluate Akida SoI (Global Foundries?) samples and software, AND the potential for integration into FG's next generation, fault tolerant, rad-hard microprocessors.

"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 included 100 hours of intergration support and 24 months of software maintenance. After 24 months FG has the option to purchase additional software maintenance for $125,000 per year. FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

BRN has licensed FG to use its Akida IP ,ie, thay are making a new SoC incorporating the Akida 1 circuit design.

This will, of necessity, also include one or more models as well as an MCU to configure Akida.

The MCU will probably be of FG design. The models may be a combination of an Akida model with additional FG data, or they may be FG data converted to Akida format.

So, as I read it, FG will be produing a MCU product line incorporating Akida 1 (10% royalty), and they have an option to produce a second MCU product line incorporating Akida 1 (15% royalty).

I guess there is no licence fee as these are low quantity, high cost products.

 

[schuey]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

 

[schuey]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

And if so do we have Sean to blame for his tight lipped approach to this company?

 

[Space Cadet]

There is nothing negative about this announcement. It is unalloyed good news.

Our first announced (successful) interaction with FG was the collaboration with ESA to evaluate Akida SoI (Global Foundries?) samples and software, AND the potential for integration into FG's next generation, fault tolerant, rad-hard microprocessors.

"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 included 100 hours of intergration support and 24 months of software maintenance. After 24 months FG has the option to purchase additional software maintenance for $125,000 per year. FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

BRN has licensed FG to use its Akida IP ,ie, thay are making a new SoC incorporating the Akida 1 circuit design.

This will, of necessity, also include one or more models as well as an MCU to configure Akida.

The MCU will probably be of FG design. The models may be a combination of an Akida model with additional FG data, or they may be FG data converted to Akida format.

So, as I read it, FG will be produing a MCU product line incorporating Akida 1 (10% royalty), and they have an option to produce a second MCU product line incorporating Akida 1 (15% royalty).

Still don't know what the OR is in there for.

SC

 

[SERA2g]

Still don't know what the OR is in there for.

SC

On the second licence, FG can choose to pay a second licence fee of $150K (net sales royalty of 10% on top) OR they can agree to a royalty of 15% ($150K licence fee waived).

It's not hard mate.

 

[Humble Genius]

Cant wait for the next announcement to come out tomorrow morning!


(Imagine the hat trick topped off with a licence agreement from Merc)

 

[H2 goes up]

Why include this line?

FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

If they had no intention to obtain an additional license, this line would not be there. If the likelihood of obtaining the second license was a long way into the future, they would just announce it when the licensing actually happened.

My guess is that the second product is well into development and is expected to be licensed soon. If this was definite, it wouldn't be an option, it would have been announced as 'FG has purchased two licenses'.

So, i'm expecting this option to be executed soon and hope that FG have negotiated this price now so they don't have to pay a much higher price after the 'akidalanche' starts to happen. (akidalanche - akida avalanche)

Now we sit back and see how wrong I can be.

Cheers Chippers.

 

[Space Cadet]

On the second licence, FG can choose to pay a second licence fee of $150K (net sales royalty of 10% on top) OR they can agree to a royalty of 15% ($150K licence fee waived).

It's not hard mate.

That's what I said it should say. I don't believe that it is what it says. Very sick at the moment so maybe not seeing straight.

SC

 

[Pom down under]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

Let’s hope so as my money tree at the end of the garden is coming into bloom

 

[Pom down under]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

Shorters trying to get out, day traders making a few $$$ today, so I’m not surprised with todays price action.

 

[Fullmoonfever]

Cant wait for the next announcement to come out tomorrow morning!


(Imagine the hat trick topped off with a licence agreement from Merc)