BRN Discussion Ongoing

[DK6161]

Its better than the last one..

It sure is champ!

 

[Flenton]

I wonder if those engineering payments will be a continual source of revenue for now on.

 

[DingoBorat]

At least we weren't involved here... that really would ice a pretty tasteless cake.

Australian-made rocket crashes after attempted north Queensland launch

Gilmour Space Technologies attempted to launch its rocket from a spaceport in the north Queensland community of Bowen in an Australian-first on Wednesday morning.

www.abc.net.au

It's not "really" a failure, Musk would say they collected tons of valuable data

He actually said, that they were at a point, where if their next launch had failed, it would have bankrupted SpaceX..

It's an expensive industry if you can't get it right, but I'd still like us to be involved.

 

[The Pope]

Interesting day from a positive 4C announcement point of view.

Take note of the following that has always happened in atleast the past few years with previous BRN 4c announcements that are either positive or negative

1) BRN announcement via hotcrapper email update not provided by email BUT all others I’m linked to were provided as usual stating activity of announcement via ASX pretty much aligned with time of announcement via ASX (eg WBT non price sensitive announcement). Yes I even checked my spam folder.

2) Motley fool provided no post / articles on the upbeat positive BRN 4C price sensitive announcement. I would consider unusual as dickleboro or others from MF normally provide some type of commentary.

3) Based on Commsec appears to have higher than usual CXXT trades. SP went down to 19.2c during the day with today’s BRN 4C. The ASX was overall up 0.5%

Let you join some dots if you want. Leaving it there.

Cheers

 

[smoothsailing18]

Could Renesas and Megachip be involved in the engineering fee's . It would be a possibility considering all things relative they may have a few designs in play ready to be released in 2026.

 

[CHIPS]

Here is the latest 4C https://www.marketindex.com.au/asx/...-4c-and-quarterly-activities-report-2A1610569

 

[manny100]

We all know how long the time from engagement to product launch is. Engineering revenue suggests proof of concept is underway for 3 clients, perhaps almost completed. So its all looking very positive.
We know Onsor is launching in 2026. I do not recall any news released concerning Engineering revenue that we could in hindsight say that was for Onsor. Correct me if i am wrong.
That indicates that these 3 customers are big fish on the hook.

 

[smoothsailing18]

It's got to be Renesas and megachip related doesn't it ?. I am sure even tho they have paid to use our IP , I believe they also will pay engineering fee's, that's is my thinking .
We haven't heard from ether of them in a long time Something has to give soon from them two

 

[Rach2512]

[BREAKING] 👁️⚡Our GenX320 Metavision® sensor has earned a design win in 7Invensun Technology’s latest high-performance wearable eye tracker! | PROPHESEE

[BREAKING] 👁️⚡Our GenX320 Metavision® sensor has earned a design win in 7Invensun Technology’s latest high-performance wearable eye tracker! Developed by 7invensun, a global leader in eye-tracking technology, aSee Glasses-EVS leverages our event-based Metavision technology to achieve up to...

www.linkedin.com

 

[FJ-215]

ZZZZZZZZZZZZZZZZ............................

BrainChip wins US$1.8 million contract for radar signaling with Air Force Research Laboratory

"Terms of the AFRL agreement include a $1.8M contract amount that will be paid to BrainChip by

AFRL over the 12-month term of the agreement. BrainChip will partner with the subcontractor to

provide R&D services developing and optimizing algorithms for a fixed fee totalling $800k over the

same period. No other material conditions exist that must be satisfied for the agreement to become

legally binding and to proceed. AFRL will begin making milestone payments in January 2025.

Periodic payments will continue throughout the year concluding in February of 2026."

 

[Fullmoonfever]

I'm personally happy with the quarterly.
It's still way too bland, spice it up a bit FFS!
Why 3 paragraphs about the redomiciling fiasco? The first was enough...

We actually have over US21 million in cash with 8.2 million from LDA coming in this quarter.
With the known balance of the 11.8 million LDA obligation before June 2026, there are no funding surprises going forward (other than the timing of the next capital call, which you would think will be next year?).

Have patents been granted and made without our knowledge?..

The 1.386 million dollars is "obviously" from the customer engagements listed?..


I'm very happy to see us in robotic dogs, I'll be happier to see us in Humanoid Robotics.

Unitree (Chinese) has recently released the R1 a HR for under 6000 USD! (only 1 hour run time, but impressive capabilities).
Competition for all other HR manufacturers, just reached another level...

Well, there was this patent published late June that the company hasn't been bothered to Ann.

Maybe there's a reason maybe not...who the F knows.

BRN Discussion Ongoing

My Question: Yesterday, we spoke about Tony Lewis's comment about BrainChip's State-space model (TENNs ) and today I was just wondering what implications the statement he made might have in relation to whether or not BrainChip's technology will now have an even higher chance of being...

thestockexchange.com.au

 

[Space Cadet]

ZZZZZZZZZZZZZZZZ............................

BrainChip wins US$1.8 million contract for radar signaling with Air Force Research Laboratory

"Terms of the AFRL agreement include a $1.8M contract amount that will be paid to BrainChip by

AFRL over the 12-month term of the agreement. BrainChip will partner with the subcontractor to

provide R&D services developing and optimizing algorithms for a fixed fee totalling $800k over the

same period. No other material conditions exist that must be satisfied for the agreement to become

legally binding and to proceed. AFRL will begin making milestone payments in January 2025.

Periodic payments will continue throughout the year concluding in February of 2026."

Fair chance. Front-page Gaisler with GRAIN GR801 chip maybe possibility.

SC

 

[Diogenese]

We all know how long the time from engagement to product launch is. Engineering revenue suggests proof of concept is underway for 3 clients, perhaps almost completed. So its all looking very positive.
We know Onsor is launching in 2026. I do not recall any news released concerning Engineering revenue that we could in hindsight say that was for Onsor. Correct me if i am wrong.
That indicates that these 3 customers are big fish on the hook.

Hi manny,

Given that the Akida circuitry IP is set in stone, well silicon, I think most of the engineering support would be in creating and fine tuning the models, and integrating customer data into the models. So time to market will depend on whether they are using the limitd number of Akida 1 or 1500 chips already made, or whether they need to have a new chip production run. Of course, developing a SoC with Akida IP and 3rd party processor would also involve engineering assistance.

We know that Frontgrade has an IP licence to integrate Akida IP into radhard processor chips:

https://brainchip.com/frontgrade-gaisler-licenses-brainchips-akida-ip-to-deploy-ai-chips-into-space/

“This collaboration with Frontgrade Gaisler to license Akida IP for implementation into space SoCs represents an important step in satisfying the market demand for space-based AI deployments, turning into reality what once was considered unattainable,” said Sean Hehir, CEO of BrainChip. “We are pleased to expand on our trusted relationship with Frontgrade as they push the boundaries of space computing.”



https://www.gaisler.com/news-events...icient-neuromorphic-ai-for-space-applications

Gothenburg, Sweden (April 2, 2025) – The Swedish National Space Agency (SNSA) has awarded Frontgrade Gaisler, a leading provider of radiation-hardened microprocessors for space missions, a contract to commercialize the first neuromorphic System on Chip (SoC) device for space applications. Already in development at Frontgrade Gaisler, the device is part of the company’s new GRAIN (Gaisler Research Artificial Intelligence NOEL-V) product line.

The first GRAIN device that Frontgrade Gaisler will premier – the GR801 SoC – integrates AkidaTM neuromorphic technology from BrainChip, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI. The GR801 combines Gaisler’s NOEL-V RISC-V processor and the Akida™ neuromorphic AI processor into a single integrated circuit to enable energy-efficient AI applications in the space environment. Sweden’s Royal Institute of Technology (KTH) is contributing to this development by designing a demonstration application that uses a neuromorphic sensor directly connected to Gaisler’s new GR801 device.


Whether they intend to incorporate the (taped-out?) Akida 2 is not stated, but I would expect that the additional accuracy of INT8 would be attractive.

Numberwise, the space market is limited, but radhard is also needed in defence and some commercial applications in harsh environments. Given their robustness, they may also be attractive for safety-critical applications.

Chelpis-Mirle are buying Akida 1000 chips for qualification and deployment:

LAGUNA HILLS, Calif.--(BUSINESS WIRE)--BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI, today announced that Chelpis Quantum Corp. has selected its Akida AKD1000 chips to serve as the processor for built-in post-quantum cryptographic security.

Chelpis, a chip company leading the Quantum Safe Migration ecosystem in Taiwan, is developing an M.2 card using the AKD1000 that can be inserted into targeted products to support their cryptographic security solutions. The M.2 card is based on a design from BrainChip along with an agreement to purchase a significant number of AKD1000 chips for qualification and deployment. Upon completion of this phase, Chelpis is planning to increase its commitment with additional orders for the AKD1000.

There is also mention of integration into a RISC-V SoC in robot applications with both security and AI computing capabilities:

This agreement is the first step in a collaboration that is exploring the development of an AI-PQC robotic chip designed to fulfill both next-generation security and AI computing requirements. This project is a joint development effort with Chelpis partner company Mirle (2464.TW) and has been formally submitted for consideration under Taiwan’s chip innovation program. The funding aims to promote a new system-on-chip (SoC) integrating RISC-V, PQC, and NPU technologies.

Again, it may be that Akida 2 is chosen for the RISC-V SoC.

While we don't know what stage these projects are at, the Akida 1 projects are oven-ready, and would be candidates for the engineering support mentioned in the 4C.

 

[FJ-215]

Fair chance. Front-page Gaisler with GRAIN GR801 chip maybe possibility.

SC

Nope!

Frontgrade Gaisler Licenses Brainchip’s Akida IP to Deploy AI chips into Space

"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 includes one hundred hours of integration support and twenty-four months of software
maintenance."

 

[Diogenese]

Nope!

Frontgrade Gaisler Licenses Brainchip’s Akida IP to Deploy AI chips into Space

"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 includes one hundred hours of integration support and twenty-four months of software
maintenance."

Hi FJ,

Well spotted, I'd forgotten that ... 10% royalty, with 15% for new product.

Of course, if they need more than 100 hours, ...

GR801 uses 4-bit Akida (=Akida 1).

Still, early days ...

https://www.gaisler.com/products/gr801#downloads

AkidaTM neuromorphic processing accelerator

• ‍‍Akida provides acceleration of AI models using event-based computing to minimize power consumption.
• Eight neural processing nodes connected in a mesh network
• Each node consisting of four convolutional or fully connected engines
• Each node supports 128 4x4 MACs, for total of 1024 MACs/clock
• Hardware support for 1, 2, or 4-bit hybrid quantized weights
• Multi-Pass Processing enables execution of large neural networks

They are only using 8 Akida nodes (32 NPUs), which I think speaks volumes for the power of Akida. If you're going to the trouble of radhard, you'd want to be sure your AI accelerator was not underpowered. Clearly they are aware of Akida 2, but maybe because it is not proven in silicon they are sticking with Akida1.

 

[FJ-215]

Hi FJ,

Well spotted, I'd forgotten that ... 10% royalty, with 15% for new product.

Of course, if they need more than 100 hours, ...

GR801 uses 4-bit Akida (=Akida 1).

Still, early days ...

https://www.gaisler.com/products/gr801#downloads

AkidaTM neuromorphic processing accelerator

• ‍‍Akida provides acceleration of AI models using event-based computing to minimize power consumption.
• Eight neural processing nodes connected in a mesh network
• Each node consisting of four convolutional or fully connected engines
• Each node supports 128 4x4 MACs, for total of 1024 MACs/clock
• Hardware support for 1, 2, or 4-bit hybrid quantized weights
• Multi-Pass Processing enables execution of large neural networks

They are only using 8 Akida nodes (32 NPUs), which I think speaks volumes for the power of Akida. If you're going to the trouble of radhard, you'd want to be sure your AI accelerator was not underpowered. Clearly they are aware of Akida 2, but maybe because it is not proven in silicon they are sticking with Akida1.

Don't get me wrong. I like what I see in the 4C. Frontgrade still have to tape out a chip and I think that is where we will provide the engineering support.

We have a good list of current customers that fit the bill for "The 3" mentioned in the 4C. We don't need fantasy deals added to the list.

 

[DingoBorat]

Well, there was this patent published late June that the company hasn't been bothered to Ann.

Maybe there's a reason maybe not...who the F knows.

BRN Discussion Ongoing

My Question: Yesterday, we spoke about Tony Lewis's comment about BrainChip's State-space model (TENNs ) and today I was just wondering what implications the statement he made might have in relation to whether or not BrainChip's technology will now have an even higher chance of being...

thestockexchange.com.au

With the shareholder base literally crying out for more news, communication and transparency, you would think they would throw a "bone" of this type out to us?

This didn't even make it as a LinkedIn comment or alternative media post did it and needed to be dug up by you?

The Company has seemed to crawl even further into its shell after the AGM debacle.

Droneshield, who don't even need cash now, making over 13 million dollars profit this quarter and with over 200 million dollars in the bank at quarter end, still thought enough of their shareholders to put some colour into their quarterly report.

And we get the same clinical text?

 

[TheDrooben]

From three weeks ago.Not sure if posted already......

Top 3 ASX AI Stocks Poised for a Breakout

Top 3 ASX AI Stocks Poised for a Breakout

Artificial Intelligence (AI) is reshaping everything—from how businesses operate to how consumers interact with technology. While the U.

www.linkedin.com

Pristine Gaze seem to be highlighting Brainchip fairly frequently over the last 6 months or so


Happy as Larry

 

[Fullmoonfever]

Looks like we're being used in another Climate Intelligence project. There are a few projects listed in this paper (preprint as per link) and we are there too with the usuals like Loihi and Spinnaker. Some don't ID the hardware so who knows, we could also be in another.

Just seen it and not read through.

HERE

 

[manny100]

Hi manny,

Given that the Akida circuitry IP is set in stone, well silicon, I think most of the engineering support would be in creating and fine tuning the models, and integrating customer data into the models. So time to market will depend on whether they are using the limitd number of Akida 1 or 1500 chips already made, or whether they need to have a new chip production run. Of course, developing a SoC with Akida IP and 3rd party processor would also involve engineering assistance.

We know that Frontgrade has an IP licence to integrate Akida IP into radhard processor chips:

https://brainchip.com/frontgrade-gaisler-licenses-brainchips-akida-ip-to-deploy-ai-chips-into-space/

“This collaboration with Frontgrade Gaisler to license Akida IP for implementation into space SoCs represents an important step in satisfying the market demand for space-based AI deployments, turning into reality what once was considered unattainable,” said Sean Hehir, CEO of BrainChip. “We are pleased to expand on our trusted relationship with Frontgrade as they push the boundaries of space computing.”



https://www.gaisler.com/news-events...icient-neuromorphic-ai-for-space-applications

Gothenburg, Sweden (April 2, 2025) – The Swedish National Space Agency (SNSA) has awarded Frontgrade Gaisler, a leading provider of radiation-hardened microprocessors for space missions, a contract to commercialize the first neuromorphic System on Chip (SoC) device for space applications. Already in development at Frontgrade Gaisler, the device is part of the company’s new GRAIN (Gaisler Research Artificial Intelligence NOEL-V) product line.

The first GRAIN device that Frontgrade Gaisler will premier – the GR801 SoC – integrates AkidaTM neuromorphic technology from BrainChip, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI. The GR801 combines Gaisler’s NOEL-V RISC-V processor and the Akida™ neuromorphic AI processor into a single integrated circuit to enable energy-efficient AI applications in the space environment. Sweden’s Royal Institute of Technology (KTH) is contributing to this development by designing a demonstration application that uses a neuromorphic sensor directly connected to Gaisler’s new GR801 device.


Whether they intend to incorporate the (taped-out?) Akida 2 is not stated, but I would expect that the additional accuracy of INT8 would be attractive.

Numberwise, the space market is limited, but radhard is also needed in defence and some commercial applications in harsh environments. Given their robustness, they may also be attractive for safety-critical applications.

Chelpis-Mirle are buying Akida 1000 chips for qualification and deployment:

LAGUNA HILLS, Calif.--(BUSINESS WIRE)--BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI, today announced that Chelpis Quantum Corp. has selected its Akida AKD1000 chips to serve as the processor for built-in post-quantum cryptographic security.

Chelpis, a chip company leading the Quantum Safe Migration ecosystem in Taiwan, is developing an M.2 card using the AKD1000 that can be inserted into targeted products to support their cryptographic security solutions. The M.2 card is based on a design from BrainChip along with an agreement to purchase a significant number of AKD1000 chips for qualification and deployment. Upon completion of this phase, Chelpis is planning to increase its commitment with additional orders for the AKD1000.

There is also mention of integration into a RISC-V SoC in robot applications with both security and AI computing capabilities:

This agreement is the first step in a collaboration that is exploring the development of an AI-PQC robotic chip designed to fulfill both next-generation security and AI computing requirements. This project is a joint development effort with Chelpis partner company Mirle (2464.TW) and has been formally submitted for consideration under Taiwan’s chip innovation program. The funding aims to promote a new system-on-chip (SoC) integrating RISC-V, PQC, and NPU technologies.

Again, it may be that Akida 2 is chosen for the RISC-V SoC.

While we don't know what stage these projects are at, the Akida 1 projects are oven-ready, and would be candidates for the engineering support mentioned in the 4C.

I suspect the engineering revenue is regarding companies incorporating AKIDA into their own designer chip. This could be the AKIDA 1000, 1500 or as you mentioned Gen2.
I doubt its for the almost plug in and play off the shelf AKIDA 1000 or 1500 Chip.
So we may well be seeing the lead up to some IP licences? Timing?