The relationship between Megachips and BrainChip, particularly concerning engineering fees and the five-year license agreement, is governed by the terms of their initial partnership and subsequent amendments. As of July 31, 2025,
Megachips continues to pay BrainChip for engineering fees related to the development and integration of BrainChip's Akida neuromorphic processor technology. These fees are typically structured to cover ongoing support, customization, and potentially new feature development as Megachips incorporates Akida into its various products and solutions.
[1] The initial agreement, signed in 2020, established a framework for this collaboration, including licensing of the Akida IP and associated engineering services.
[2]
According to
www.iAsk.Ai - Ask AI:
Regarding the five-year license agreement,
the initial five-year term for the Akida IP license between BrainChip and Megachips is set to expire in 2025. At the end of this period, several scenarios are possible, and the specific outcome will depend on the terms outlined in their original agreement and any subsequent negotiations.
It is highly probable that Megachips will need to either renew the existing license agreement for another term (e.g., another five years) or negotiate a new agreement to continue using BrainChip's Akida technology.