BRN Discussion Ongoing

[Diogenese]

The DoD just dropped its FY26 RDT&E budget—and it’s a $179B North Star for anyone building the future of national defense. | Greg Knutson

The DoD just dropped its FY26 RDT&E budget—and it’s a $179B North Star for anyone building the future of national defense. Here’s what’s hot (and heavily funded): 🤖 Unmanned Systems & Physical AI – The budget is stacked with programs for launched effects, ground robotics, SUAS, TITAN, and...

www.linkedin.com

Is it likely that we may get a few dollars?

Hi Rach,

With regard to our connexions with AFRL and other branches of DoD, as well as DoE (included for cybersecurity), and companies like RTX, Lockheed, etc., all of which have pressing needs to develop flexible/adaptable SWaP AI, as Mr Creosote says, "I'll have the lot!".

$30M for a production run of Akida 2 and Akida 3 will be a drop in the bucket.

I think the urgency is such that it's possible they could bypass Akida 2 and move straight to Akida 3/GenAI with the flexible instruction set architecture. This is the sort of tech the US Gvt would not want potential rivals to get their hands on ... not that that would have provided any impetus to redomicile ... or explain certain AGM agitation ...

 

[DingoBorat]

There’s your announcement @DingoBorat

Yeah it seems I "misdirected" my energies onto another major holding of mine ..

Vection Technologies had a major deal today 4.4 million, for military defence in connection with NATO.
This is in addition to a 2.6 million A.I. agreement last week..

The following, is a compiled list by a "CP18" from the crapper of deals and partnerships, from this year, which doesn't include the above and was posted 19/05.


"Here’s an updated summarized list of Vection Technologies’ (VR1) deals announced in FY25 along with their values

XR & AI Software Contracts​

• $3.6M: XR software licenses with Cometa SpA for immersive classroom solutions in 500 high schools in Italy
• $1.6M: 3-year AI software license for Brexia Med healthcare project, with an option for an additional $1M over 2 years.
• $0.5M: AI software contract with RCM Italia s.r.l., generating $0.4M in FY25 with recurring $50K annual fees from 2026.
• $0.5M: XR contracts for Vection’s Shelfzone VR, including partnerships with Natuzzi and Nestlé.
• $1.6M: 3-year strategic distribution agreement with SolidWorld Group S.p.A to reach 10,000+ clients in EMEA.
• $0.7M: KIOSK Embedded Systems (KISE) AI-ready systems deal, with $0.06M delivered in FY25.
• $0.5M: Algho AI platform contracts from multiple public and private sector clients in Europe.
• $0.7M: SaaS agreement with TOTALPLAY, a Mexican telecom provider.
• $0.9M Strategic AI & XR Partnership with Smartengineering
• $0.6M Vection delivers in additional AI recurring revenue adding 14 new clients
• $1.2m deal in the food and beverage industry through project ADDICTA
• $0.5M yearly minimal commitment through AI partnership with Area 12 Consulting supplying Algho software licences
• $1.7M PARTNERSHIP DEAL WITH LAERDAL for a collaboration in Healthcare training.

• Healthcare & Research​

  • $160K per year: Massachusetts General Hospital (MGH) license renewal, with $0.26 per conversation usage fee.
  • $0.6M: 3-year agreement with Augmentalix, a French XR technology provider.

• Defence & Cybersecurity​

  • $1.8M: Defence contract with European local government.
  • $4M: Defence contract extension, focused on AI-powered infrastructure design and Dell AI appliances.
  • $0.5M: Cybersecurity-focused ICT endpoints contract in the Defence sector, revenue expected in Q2 FY25.

• Strategic Partnerships & Expansions​

  • $0.6M: Distribution deal with Synergy in Bulgaria, targeting $600K in sales by 2027.
  • $0.6M: EnginSoft SpA distribution deal for SaaS XR and AI solutions in Italy, France, and Germany.
  • Undisclosed Value: Vection partners with DigiLens Inc. for XR smart glasses & global market expansion.
  • Undisclosed Value: Partnership with CareAR (a Xerox company) to expand into the USA market.
  • $0.7M: TDB secures annual recurring contracts, including 24 new clients.
  • $0.4M of this will be recognized in FY25, with the rest in early next financial year.

• Financial Services & Insurance​

  • $575K: 3-year partnership with Assicurazioni Generali S.p.A., with scalable revenue opportunities.

• Dell Partnerships & Status​

  • $0.5M: First sale of Algho AI platform to Dell.
  • Vection Achieves Dell Titanium Partner Status, following the $4M Defence contract extension.
  • This breakdown shows Vection's strong focus on AI, XR, Defence, and strategic global expansions.
    
    The total collective value of these deals is approximately $28.5 million.(including the $2m tax credit)"

Many are small, around 500k value, are "multi year" deals, but many are also just "initial" collaborations and "could" be expanded on, like the military one just has (and with a possible further 21 million for this from 2026-30).

All this and a Market Capitalisation of 65 million dollars and the last 2 quarters cash flow positive?..
And with profitable Technology Companies, usually having a 8 to 33 times revenue valuation?

Can you imagine if "we" had anything like this kind of traction, what the share price would be?
Or if Vection had the kind of following and research, that BrainChip has (seems more like a bit of a latent following at the moment ).

We are in a completely different space here and our "potential" markets are much bigger, but..
C'mon BrainChip!
Get a wriggle on!

 

[Rach2512]

Day 6 & 7 (26th & 27th June, 2025) of SENSE-2025 at DIAT, Pune, explored Radiation Tolerant Electronics, AI efficiency, and brain-inspired tech! | SENSE (Smart Electronics & Next Generation Systems Engineering) - Summer School, DIAT Pune

Day 6 & 7 (26th & 27th June, 2025) of SENSE-2025 at DIAT, Pune, explored Radiation Tolerant Electronics, AI efficiency, and brain-inspired tech! Dr. Arijit Mukherjee, Principal Scientist from Tata Consultancy Services, delivered Smart at the Edge an introduction to the future sessions from...

www.linkedin.com

Philip is relentless!
Sorry if already posted.

 

[DingoBorat]

As pointed out by a few on HC, contractors deciding to get paid by shares could be viewed as a positive.

I'm wondering if this could become the norm. Yes, there may be dilution involved but I believe this is a more positive play by these contractors, than just accepting cash.

In other words, the contractors strongly believe they're going to provide a big positive impact on Brainchip's development and progress, and therefore the share price. Imagine if future contractors follow suit.

I guess it all depends on how you "sell it" and your powers of negotiation, if you haven't got the cash up front..