BRN Discussion Ongoing
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DingoBorat
Slim
That's AUD 313500 already 3 times (edit- 2 times HY in USD) the reported Half Year
Hey, it's a start!
This is also a bit of new language?..
"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"
I think that may be the first time, we've seen "military applications" mentioned directly?
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Anil mentioned working with military in an interview approx 2 years ago.That's AUD 313500 already 3 times, the reported Half Year
Hey, it's a start!
This is also a bit of new language?..
"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"
I think that may be the first time, we've seen "military applications" mentioned directly?
Can't remember the exact one but military has definitely been mentioned, although i don't recall it ever being mentioned on the asx before.
Following on from @Bravo's post about Parsons' takeover of BlackSignal, and our Blue Ridge connexion, Blue Ridge being a BlackSignal company, you'd have to think that that is part of the military interest in a "broad range of tactical devices".That's AUD 313500 already 3 times, the reported Half Year
Hey, it's a start!
This is also a bit of new language?..
"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"
I think that may be the first time, we've seen "military applications" mentioned directly?
By taking over BlackSignal, Parsons has expanded its ecosystem from the army and intelligence to include the air force, navy and DARPA.
My feeling is that, along with the expanded ecosystem, Parsons were keen to acquire some digital SNN capability.
https://brainchip.com/brainchip-and...ate-on-next-generation-tactical-edge-devices/
BrainChip and Blue Ridge Envisioneering Collaborate on Next-Generation Tactical Edge Devices
Laguna Hills, Calif. – April 10, 2023 – 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 IP, and Blue Ridge Envisioneering (BRE), an engineering specialist serving the defense and intelligence communities, today announced a collaboration to support advanced decision-making applications for broad range of tactical devices.
BRE, a Black Signal Technologies company, will integrate BrainChip Akida™ processors in a variety of high-performance applications.
Tactical devices such as these are deployed where they have restrictive thermal requirements and limited access to power yet are required to operate efficiently. Akida’s ability to perform data processing, including AI/ML tasks at the edge, and its power-conserving neuromorphic design makes its utility in military and intelligence settings a potential breakthrough.
“Almost all conventional Deep Neural Networks are developed to run on power-hungry GPUs that strain power systems and generate a significant amount of heat; when data must be processed in real-time on a remote device, the challenge for hardware developers is immense,” said Stefan Moritz, BRE. “BrainChip’s Akida will be useful for tactical devices that ingest sensor data and use AI/ML to improve decision-making.”
“The collaboration with BRE will show how Akida can excel where power and communications are in short supply,“ said Rob Telson, BrainChip Vice President of Ecosystem and Partnerships. “This joint effort will expand the boundaries of what AI at the edge can do in both tactical and commercial applications.”
HopalongPetrovski
I'm Spartacus!
Yes.That's AUD 313500 already 3 times, the reported Half Year
Hey, it's a start!
This is also a bit of new language?..
"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"
I think that may be the first time, we've seen "military applications" mentioned directly?
As we all are aware, like space, military applications are extremely likely to be early adopters and proving grounds for our advanced tech.
After all, particularly when global economies are being somewhat squeezed, it is the military's who have both the budgets and the motivation to incorporate whatever advantages we can bestow as quickly as possible, particularly in preparation for a potential kinetic exchange with China over Taiwan.
They will be developing all their autonomous and semi autonomous vehicles and weapons platforms, including terrestrial, maritime, subsurface, air and space based assets as rapidly as they can, as a counter to the rapid Chinese military buildup and their stated intentions.
Also considering the force multiplier effect and the relative economy of relatively low tech drones in the current and ongoing Ukraine/ Russian conflict, I imagine amazing advances in autonomous drone warfare are being realised as we speak amongst the skunkworks, MI5's and DARPA's of this world.
Drones, I think, Akida enhanced, may well prove to be our "killer application".
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robsmark
Regular
How does the companies/ASX continual disclosure requirements, not required this to be announced at the time to the market? It has a $figure attached FFS!!
I noticed the military applications as well.That's AUD 313500 already 3 times (edit- 2 times HY in USD) the reported Half Year
Hey, it's a start!
This is also a bit of new language?..
"The Company has seen growing interest from customers seeking audio, video, Space and military application solutions"
I think that may be the first time, we've seen "military applications" mentioned directly?
Huge opportunities in that space.
AKIDA is supreme in harsh conditions.
HopalongPetrovski
I'm Spartacus!
Hi Rob.
I'm guessing the Company is using that last line as a reason not to have done a formal announcement?
"Due to the nature, timing and risk associated with these projects, it is not possible for the Company to estimate future royalty revenues associated with these agreements."
I'm not saying I agree or am in favour of this rationale but think it perhaps consistent with the previous Company line in regard to these matters.
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DingoBorat
Slim
Because it's not considered a "material amount" considering costs?..
Might be worth getting a direct comment from the Company.
An ASX announcement, would have certainly been "allowed" as far as I'm aware..
Talk about laying low..
I ordered three years ago my Bentley continental GT. I was expecting to get rich this year.. unfortunately it seams to take more time when I look to the share price… so, if someone is interested to this car please PM me because I put everything into brainchip 
good bye GT you gone before we could get to know each other….
good bye GT you gone before we could get to know each other….Gidday All,
I feel that the half-yearly pretty much summed up our current state of affairs, I did notice that the collaboration with Frontgrade
Gaisler was announced on 6 May, so a 3 month lag period before an agreement was formally signed, though it also included the addition
of Airbus Defense and Space
From my calculations we had approximately 45.138 Million AUD less expenses for the 2 last months of this quarter, it's certainly a
journey isn't it long termers !!
Is TATA going to be the first to make that quantum leap ??
Keep the faith............
AKD I AKD I.5 AKD 2.0 AKD TENN's...........Tech.
I feel that the half-yearly pretty much summed up our current state of affairs, I did notice that the collaboration with Frontgrade
Gaisler was announced on 6 May, so a 3 month lag period before an agreement was formally signed, though it also included the addition
of Airbus Defense and Space
From my calculations we had approximately 45.138 Million AUD less expenses for the 2 last months of this quarter, it's certainly a
journey isn't it long termers !!
Is TATA going to be the first to make that quantum leap ??
Keep the faith............
AKD I AKD I.5 AKD 2.0 AKD TENN's...........Tech.
FJ-215
Regular
If this was announced to the market at the time of signing, I wonder how much more money could of been raised thru the SPP?
Or fewer shares issued...
Quatrojos
Regular
Talk about lying underground!
I agree it might be worth getting a direct comment from the Co.
Considering costs, the amount is immaterial. Considering revenue, the amount is worth an ASX mention...
Fullmoonfever
Top 20
SPP announced 25 July, close 15 Aug.
Report says Frontgrade Airbus deal signed in Aug.
IMO, it's quite understandable it wasn't announced prior to SPP close given it may have only been formalised after that date.
Also, it says Aug, so who is to say it wasn't only just literally signed and combined with the Half Yearly rather than a standalone Ann.
Would I have liked a separate Ann, yep, as would be more visual to wider .arket however, the issue of ongoing revenue calcs (or guesstimates) required by the ASX make it an essentially difficult grey area, so Half Yearly inclusion would not be deemed a fluffy or ramping Ann imo.
Report says Frontgrade Airbus deal signed in Aug.
IMO, it's quite understandable it wasn't announced prior to SPP close given it may have only been formalised after that date.
Also, it says Aug, so who is to say it wasn't only just literally signed and combined with the Half Yearly rather than a standalone Ann.
Would I have liked a separate Ann, yep, as would be more visual to wider .arket however, the issue of ongoing revenue calcs (or guesstimates) required by the ASX make it an essentially difficult grey area, so Half Yearly inclusion would not be deemed a fluffy or ramping Ann imo.
So Akida 1.0 is the chip the 2 deals will be using!
Interestingly the CEO was saying that 1.0 is not what customers want, 2.0 is the star of the show.
I never understood that, 1.0 is fine for simpler tasks so why not utilize that?
So Frontgate and Airbus are 2 different deals, right? Yes they are, just read the 1/2 year report.
Interestingly the CEO was saying that 1.0 is not what customers want, 2.0 is the star of the show.
I never understood that, 1.0 is fine for simpler tasks so why not utilize that?
So Frontgate and Airbus are 2 different deals, right? Yes they are, just read the 1/2 year report.
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