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Diogenese

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Trump says IBM, Raytheon may get US contract to modernize air traffic control system​

By David Shepardson and Trevor Hunnicutt
May 1, 20253:48 AM GMT+10Updated 7 hours ago


WASHINGTON, April 30 (Reuters) - President Donald Trump said on Wednesday that Raytheon Technologies (RTX.N), opens new tab and IBM (IBM.N), opens new tab may get the contract to modernize the U.S. air traffic control system.
"We have very obsolete equipment for air traffic control," Trump during a cabinet meeting at the White House, adding there are five companies who could do the work. "We want to put a brand new air traffic control system in."
Calls to modernize the nation's air traffic control system intensified after a mid-air collision on January 29 between a U.S. Army helicopter and an American Airlines (AAL.O), opens new tab jet near Washington Reagan National Airport. All 67 people aboard the aircraft died.
The U.S. House of Representatives Transportation and Infrastructure Committee is considering on Wednesday a proposal to spend $12.5 billion through 2029 to replace aging facilities, including air traffic control towers, radar systems and telecommunications infrastructure, as well as $1 billion for air traffic control hiring.
Transportation Secretary Sean Duffy said last month he plans to ask Congress for tens of billions of dollars for a multi-year effort to revamp Federal Aviation Administration air traffic control infrastructure and boost hiring.
Duffy previously criticized Verizon for "not moving fast enough" in its $2.4 billion, 15-year telecom contract with the FAA.
In March, Elon Musk's Starlink unit denied it wanted to take over Verizon's FAA contract. Verizon said it is working with the FAA on solutions to create an advanced, safer national air traffic control.
"Starlink is a possible partial fix to an aging system," Musk's SpaceX said.
The Government Accountability Office says the FAA must take urgent action to address aging air traffic control systems, saying that one-third of them are unsustainable.
One-quarter of all FAA facilities are 50 years old or older and aging systems have repeatedly sparked delays, including major issues at Newark Liberty International Airport on Monday.
A persistent shortage of controllers has delayed flights and many controllers are working mandatory overtime and six-day weeks. The FAA is about 3,500 air traffic controllers short of targeted staffing levels.

Nothing like a bit of commercial-in-confidence info to tap the old Nasdaq along.
 
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keyeat

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Yes, the logo has now changed to dark blue, from its original black, they also used a black square with white-out spike for a while. The colour seems to be a cmyk blue as opposed to the bright and distinctive rgb blue used by most corporations within the digital landscape. Good move, it's clean and clearly adaptable across media platforms as well as being able to morph depending upon its uses cases. Very much like Akida.
I wonder how much they paid a consulting firm to pick the new colours .....
 
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MrNick

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I wonder how much they paid a consulting firm to pick the new colours .....
The colour comes from the old logo... the new blue is much friendlier, yet the website version does not use the spike anymore.
Screenshot 2025-05-01 at 10.39.43 am.png

Screenshot 2025-05-01 at 10.39.57 am.png
 
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FiveBucks

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keyeat

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Scroll to the end there is a youtube video


 
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Whatever happens with Brainchip, you cant say it isnt entertaining.....

We get journalist hit pieces, partnerships with world leading defense companies, a whole internet forum is born out of shareholder dedication to the stock, we help build glasses that can detect seizures, we are helping companies build robotic security dogs, we play a constant game of cluedo with Linkedin interactions, and our scandals range from un-ironed table cloths at trade shows to people playing dress up as a disgruntled Ex Ceo.

There is something uniquely batshit insane about being a shareholder of this company, i love every moment of it. :ROFLMAO::ROFLMAO:

Go BRN
And don't forget the infamous "WANCA" response from the Brainchip faithful.

SC
 
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Rach2512

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yep @Rach2512 you are probably thinking of JAST.....




Thanks for clearing that up @TheDrooben. 🙏
 
Yes, the logo has now changed to dark blue, from its original black, they also used a black square with white-out spike for a while. The colour seems to be a cmyk blue as opposed to the bright and distinctive rgb blue used by most corporations within the digital landscape. Good move, it's clean and clearly adaptable across media platforms as well as being able to morph depending upon its uses cases. Very much like Akida.


Perhaps a turning point to the good old days, and an easy template that can be used for more tattoos :)
 
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Whatever happens with Brainchip, you cant say it isnt entertaining.....

We get journalist hit pieces, partnerships with world leading defense companies, a whole internet forum is born out of shareholder dedication to the stock, we help build glasses that can detect seizures, we are helping companies build robotic security dogs, we play a constant game of cluedo with Linkedin interactions, and our scandals range from un-ironed table cloths at trade shows to people playing dress up as a disgruntled Ex Ceo.

There is something uniquely batshit insane about being a shareholder of this company, i love every moment of it. :ROFLMAO::ROFLMAO:

Go BRN


You forgot to add that with all the partnerships, err sorry bookings, we are yet to make any sizeable revenue.
But hey, at least our company has got 2 linkedin profiles :)
 
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BTW, WhyTF do we have 2 Linkedin profiles, and our employees are either linked to one or the other......
 
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TECH

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Every year around this time all the snide, negative comments really ramp up, I wonder why...not!

So many moaners, yet they just won't crystallize their loss and admit they wished they had offloaded all their shares at north of $2.00...well tough luck princesses.

Toughen the F up...Brainchip isn't your personal ATM..this is a journey, yes it's damn slow, but is the technology useless ?
Are we hiring imbociles? Are we engaging with incompetent tier 1 companies?..Is Sean a snake oil salesmen?..on and on.

From memory, Lou received two tranches of 7.5 million shares as "Chief 3 Hats" giving or some would say, gifting him with 15 million shares, of which he still holds just under 5 million shares, some seem to forget about the approximate 17 + million AUD that was wasted (blown) under his watch on the Studio sales team etc, the email address that was posted by some idiots on the HC site was actually Lou's private account, I can confirm that myself.

What 99% of you don't know is why he abruptly left as our CEO and Peter took over as interim CEO, and by the way, he did a great job in changing the accountability and tightened up on internal procedures with the help of the BOD..I liked Lou, but there was an issue and the company moved on.

The jury is still out on Sean, maybe he has clashed with some key staff who have since moved on, I simply can't comment because I'm not privy to the internal office day to day issues, which I'm sure there are like most.

Personality clashes happen all the time, ego's, power struggles etc are all part and parcel of life, but we all keep growing and move forward.

Ramble finished...goodnight from 🥝 Tech.
 
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MDhere

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Hopefully I’ll get a reply

View attachment 83417
it is likely a anonymous poster who just happened to pretend to be that person and then post a possible correct old email of lous . And if LDN still has that address if in fact his in the first place, well wont he get lots of spam emals lol That crapper poster should be blocked for pretending to be someone other then an anonymous d..k lol
 

Gies

Regular
Every year around this time all the snide, negative comments really ramp up, I wonder why...not!

So many moaners, yet they just won't crystallize their loss and admit they wished they had offloaded all their shares at north of $2.00...well tough luck princesses.

Toughen the F up...Brainchip isn't your personal ATM..this is a journey, yes it's damn slow, but is the technology useless ?
Are we hiring imbociles? Are we engaging with incompetent tier 1 companies?..Is Sean a snake oil salesmen?..on and on.

From memory, Lou received two tranches of 7.5 million shares as "Chief 3 Hats" giving or some would say, gifting him with 15 million shares, of which he still holds just under 5 million shares, some seem to forget about the approximate 17 + million AUD that was wasted (blown) under his watch on the Studio sales team etc, the email address that was posted by some idiots on the HC site was actually Lou's private account, I can confirm that myself.

What 99% of you don't know is why he abruptly left as our CEO and Peter took over as interim CEO, and by the way, he did a great job in changing the accountability and tightened up on internal procedures with the help of the BOD..I liked Lou, but there was an issue and the company moved on.

The jury is still out on Sean, maybe he has clashed with some key staff who have since moved on, I simply can't comment because I'm not privy to the internal office day to day issues, which I'm sure there are like most.

Personality clashes happen all the time, ego's, power struggles etc are all part and parcel of life, but we all keep growing and move forward.

Ramble finished...goodnight from 🥝 Tech.
Hear hear 👍🏻👍🏻👍🏻
 
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manny100

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For holders' growing impatient it's important to know the timelines:
AKIDA1000 was completed in November 2021. AKIDA1000 R & D ceased.
Hindsight tells us R & D turned to AKIDA 1500 and later GEN2/TENNs.
See News release dated 8/11/21 titled:

BrainChip Completes Testing Production Version of the Akida Chip​

Quote from PVM from the release dated 8/11/21:
“This is another major milestone for the company as we migrate from our research and development phase into full production and commercialization of the AKD1000 chip and the Akida IP,” said BrainChip CEO, Peter van der Made. “We have already seen significant uptake by Early Access Customers looking to leverage the clear advantages that Akida offers beyond the capabilities of other AI products. Akida is a ‘Next Generation’ AI device that offers real-time learning on chip and operates at a very low power consumption.”

Sure the chip was available in 2019, 2020 and 2021 for early access any anyone who wanted to license it such as Renesas but the focus was R&D.
BrainChip Completes Testing Production Version of the Akida Chip - BrainChip

With the focus now on commercialization a News release dated 18/1/22 Titled :

BrainChip Achieves Full Commercialization of Its AKD1000 AIoT Chip With Availability of Mini PCIe Boards in High Volume​

News Release
It's been almost 3 and a half years since full on commercialization commenced. - Sean Hehir commenced in Novemb.er 2022 to drive the commercialization process.

Its not that long ago when you consider in January 2022 there was basically nothing that AKIDA 1000 could slip into immediately.
While the demand for AI at the Edge and is growing and innovation accelerating the time from engagement to revenue is not - it's incredibly slow involving extensive and time-consuming testing. For safety regulated auto and health it could easily be 5/6years plus.

In general the extensive timeframes are sometimes not understood by retail investors some of whom are impatient.
AKIDA is not just an add on to improve performance it's a whole new way of doing something. Early in a new tech adoption cycle that can be hard for business, end users and holders to 'get their head around'.

Sean said in the quarterly that he is confident we will close substantially more bookings in 2025. Given the time lapse since Jan'22 and the increase in client validation since Sept'24 that is expected.
The bottom line is patience still required for revenue but we are getting closer.
 
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MDhere

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I know this has been posted earlier but never get enough of Sounak Dey and Arpan Pal ❤️


The idea has been tried using BrainChip Akida MetaTF platform and shows signigicant power advantage over classical ANN. Related paper is accepted at ISCAS.


Have a great night fellow brners, Another long weekend coming up for Queenslanders and NT.
 
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