BRN Discussion Ongoing

[AusEire]

As everyone says it for tax purposes, so maybe he owed the tax man a few million $$$ before he joined us

He paid roughly $186k in taxes. That would put him on a marginal tax rate of 40%.

My math could be out though So happy to be corrected

 

[rgupta]

Just on that last bit about Sean getting ready to jump ship and selling shares.

How are you conjuring up this stuff? What gives you the impression that Sean is ready to "jump ship"?

Lastly, yes Sean did sell some shares to pay a tax bill after he exercised his RSUs but his overall holdings increased by 500k shares.

RSUs are equivalent of shares. He sell 2.1 million RSU and then convert them in shares.
Regarding Sean jumping the ship that is a guesstimate based upon the facts in last 3-4 years he always sell in Nov,dec and this time he is selling again after selling in NOV earlier as well. For every time he has to pay tax he sell brn shares.
I donot know the same is advance tax or Sean is selling in anticipation that sp will be much lower in Nov Dec this year.
On top there is a lot of pressure regarding redomicile, contract with ARFL, finding a subcontractor and then earlier announcement on asx that sub contractor is signed for 800000 USD, but then providing details in 4c that negotiations are going on with sub contractor, so if the negotiations are still holding them how team brainchip knows costs will be 800000 only. That looks like the earlier subcontractor backs out.
But everything is a guesstimate.
Dyor

 

[AusEire]

RSUs are equivalent of shares. He sell 2.1 million RSU and then convert them in shares.
Regarding Sean jumping the ship that is a guesstimate based upon the facts in last 3-4 years he always sell in Nov,dec and this time he is selling again after selling in NOV earlier as well. For every time he has to pay tax he sell brn shares.
I donot know the same is advance tax or Sean is selling in anticipation that sp will be much lower in Nov Dec this year.
On top there is a lot of pressure regarding redomicile, contract with ARFL, finding a subcontractor and then earlier announcement on asx that sub contractor is signed for 800000 USD, but then providing details in 4c that negotiations are going on with sub contractor, so if the negotiations are still holding them how team brainchip knows costs will be 800000 only. That looks like the earlier subcontractor backs out.
But everything is a guesstimate.
Dyor

He converts the RSUs to Ordinary share's(that's the tax event). He then sells ordinary shares to pay for that tax event. There's not much else to it.

So you're basing your "guesstimate" on absolutely nothing. There's not even the slightest rumor of Sean potentially leaving.

 

[JB49]

Like almost everyone else, I'm disappointed by the present SP, and believe that rehousing at this price would be little short of disasterous, and I believe that the board would not have broached the move unless they anticipated a near-term improvement.

There are a couple of recent developments which may be capable of pproducing the type of business improvement required to boost our market capital and generate substantial recurrent revenue.

QV Lockheed PSU M2 cybresecurity

This started as an SBIR project to develop cybresecurity for the US DoE. I didn't hear what the outcome of the SBIR as, but Brainchip are offering an M2 cybresecurity chip suitable for edge access points. That's a massive market. The amount of malware injected into the internet keeps growing at an alarming rate. The capability to detect and terminate malware at the access point in real time is essential. Think of the disruption a trojan attack could cause to online banking, social networks, business, ...

QV's cyberneuro-RT application was developed in conjunction with Lockheed and Penn Uni:

https://www.eenewseurope.com/en/low-power-neuromorphic-processing-boosts-cyberthreat-detection/

Low-power neuromorphic processing boosts cyberthreat detection​

Technology News | January 20, 2025
By Jean-Pierre Joosting

BrainChip Holdings Ltd has integrated its low-power event-based, neuromorphic AI into an innovative cyberthreat intelligence tool that leverages the Akida™ processor to provide protection for WiFi access, home router, small enterprise routers and other network access devices.​

Quantum Ventura developed the CyberNeuro-RT (CNRT) technology in partnership with Lockheed Martin’s MFC Division and Pennsylvania State University under partial funding from the U.S. Department of Energy. BrainChip supplies at-the-edge neuromorphic processing to facilitate on-chip learning for deployment of network-specific attack cyberthreat detection. Akida’s small form factor provides magnitudes less power consumption than a GPU, overcoming form factor and power limitations of internet-connected devices that otherwise would be unprotected.


Micro-Doppler radar Akida 2

https://www.defenceconnect.com.au/i...n-contract-with-air-force-research-laboratory

The producer of neuromorphic artificial intelligence IP, BrainChip, has been engaged in a US$1.8 million contract by Air Force Research Laboratory.

BrainChip will partner with subcontractor(s) to develop comprehensive set of algorithms and neural networks optimised for BrainChip neuromorphic hardware.

The contract, granted under the US federal government’s Small Business Innovation Research (SBIR) program over the 12-month term of the agreement, is expected to develop neuromorphic radar signalling processing.

...

The contract is an expansion of efforts after a multinational aerospace and defense customer successfully demonstrated radar processing algorithms capable of running on BrainChip’s commercial off-the-shelf neuromorphic hardware as part of an internal research and development initiative.

This current program, however, will develop algorithms based on BrainChip’s proprietary state space model algorithm framework known as TENNs (Temporal Event Neural Network) and will be optimised to run on Akida 2.0 hardware.

The BrainChip TENNs algorithm, combined with Akida 2.0 technology, has successfully demonstrated the capability to run models very efficiently, resulting in significantly higher performance at ultra-low power relative to traditional accelerators running traditional models.

This contract is to produce TENNs models/algorithms optimized to run on Akida 2/TENNs. we know that TENNs can run without Akida, but, as Tony Lewis said, they're better together.

DOD SBIR 24.2 | SBIR.gov

legacy.www.sbir.gov

Mapping Complex Sensor Signal Processing Algorithms onto Neuromorphic Chips

OUSD (R&E) CRITICAL TECHNOLOGY AREA(S): Trusted AI and Autonomy; Advanced Computing and Software; Microelectronics; Emerging Threat Reduction

The goal is to outline a versatile approach that can translate algorithms as specified in the Matlab or Python software environment into a neuromorphic model implemented in physical hardware.

There have been a couple of false dawns as far as producing the Akida 2 SoC, but this contract is to produce models/algorithms for Akida 2, so the wheels may be turning in the background (NDA?).

MicroDoppler radar can be used, eg, to detect, identify, and track drones from their propellor rotation signature, so there is an ongoing need for this.

This project has been given priority status by bypassing Phase 1.


Then there was the announcement for Lockheed and QV to set up cybresecurity for UAE.

So there are a few recent announcements which may come to the party

My favourite is the QV Cyberneuro-RT cybersecurity application.

That said, it would be good to have Akida 2 produced in silicon as a result of the microDoppler radar project.

Whether it's one of the above, or one (or more) of the many partnerships/EAPs, the penny has to drop before rehousing.

I believe it was just lockheed to set up cyber in the UAE. I dont believe there was anything about Quantum Ventura being involved.

Lockheed has a huge range of cyber solutions without Quantum Venturas involvement.

 

[DK6161]

I'll try to get a response from Peter when I give him a call, he knows all about the loyalty and has met many Australian shareholders, with 3
NED's on the Board from Australia, nothing should ever be taken for granted, my personal attitude is that, we are still making forward steps, yes it's bloody frustrating seeing our share price so damn low, are we undervalued ?? it's hard to say when we see the quarterly revenue, it's depressing, lets be honest...BUT, why are big corporations still engaged with us ? because we have something that's definitely disruptive.

I agree with many of the regular posters, and my opinion really is, the company has to reveal exactly why this moving to the US at this stage
is so important, I want them to be upfront and truly sell me the idea WHY, NOT JUST BECAUSE THEY SAY SO.....many in Australia on this stock
are really hurting, yet we have a brilliant technology, don't you all agree ?

What we really need is AKD II and TENN's to infiltrate the ASX and counter the BOTS once and for all, the trading pattern and individual lines
make me sick......corruption at its finest..........ASIC make me sick as well.......absolutely gutless !!!!

Rant and moan completed..........Tech (stay strong BRN lovers)

Oh wow look, someone has our company's founder on speed dial.
You must feel very special amongst the rest of us commoners.
Do you also have Sean's number by any chance? If so, do us a favour and ask where is the explosion of sales and the revenue that he promised us commoners?
Much appreciated!

 

[Diogenese]

I believe it was just lockheed to set up cyber in the UAE. I dont believe there was anything about Quantum Ventura being involved.

Lockheed has a huge range of cyber solutions without Quantum Venturas involvement.

Thanks JB,

You are probably right. I may have "misremembered" the article.

 

[Space Cadet]

Tata could be our saviour as long as it happens before are pushing up daisies.

https://ai.tataelxsi.com/healthcare...or-disease-detection-diagnosis-and-prognosis/

https://ai.tataelxsi.com/healthcare-and-life-sciences/ai-use-cases-in-healthcare-and-life-sciences/

SC

 

[manny100]

Tata could be our saviour as long as it happens before are pushing up daisies.

https://ai.tataelxsi.com/healthcare...or-disease-detection-diagnosis-and-prognosis/

https://ai.tataelxsi.com/healthcare-and-life-sciences/ai-use-cases-in-healthcare-and-life-sciences/

SC

Agree, the partnership news release was August 28th 2023 so we should get some positive news later this year.

 

[DingoBorat]

I agree that the US is where we can make some serious cash but, as we sit on 20c in the asx if we were
to get 1 or 2 good announcements we could possible go to $2+ and a 10x boost on SP no problem, we have seen it done before.
If we head to US with a massive consolidation at 20c which will put us at $4 and the same value in our shares but how long before we see
a 10x improvemnet on SP to get the same result, which would have to go to $40.
A very long while i am thinking.
Would much prefer to see that initial lift here first.
Does this make sense or am i over thinking it?

"I agree that the US is where we can make some serious cash but, as we sit on 20c in the asx if we were
to get 1 or 2 good announcements we could possible go to $2+ and a 10x boost on SP no problem, we have seen it done before.
If we head to US with a massive consolidation at 20c which will put us at $4 and the same value in our shares but how long before we see
a 10x improvemnet on SP to get the same result, which would have to go to $40.
A very long while i am thinking.
Would much prefer to see that initial lift here first.
Does this make sense or am i over thinking it?"


No, you are underthinking it Luppo, as is everyone who thinks the same.

Why do you think it's easier, to go from 20 cents to $2 (AUD) than 4 to $40 (USD)?

You are not taking the amount of shares on issue into consideration, as the Market Capitalisation, is exactly the same.

2 dollars x 1.8 billion shares = 3.6 billion dollars.

40 dollars x 60 million shares = 2.4 billion dollars (or 3.6 AUD).


Does anyone here, think BrainChip could not reach a 2.4 billion USD valuation, if we were finally kicking goals, as would be required to reach a 3.6 billion AUD valuation here?

If BrainChip actually starts performing and living up to its potential, is a 10 billion USD valuation in the Future possible?

10 billion divided by 60 million Shares, is 166 USD.


This is why my only concern is dilution on listing.
If the Company says, we need to have X amount available for US investors, I'm going to say "F... Em" let them try to buy the ones already on issue.

We will have ample funding available, as it is for now and any further raise needed can be done at a much higher price.

Moving to the Biggest Economy in the World, which is Strengthening and putting itself First, is only going to benefit us.

BrainChip for NASDAQ!

 

[yogi]

So I was listened to the quick add from comsec other day about ASX to my surprise Technology comes to bottom 2%. No surprise BRN board must been in talks for sometime to move over to USA

 

[yogi]

So I was listening to the quick add from comsec other day about ASX to my surprise Technology comes to bottom 2%. No surprise BRN board must been in talks for sometime to move over to USA

 

[Luppo71]

"I agree that the US is where we can make some serious cash but, as we sit on 20c in the asx if we were
to get 1 or 2 good announcements we could possible go to $2+ and a 10x boost on SP no problem, we have seen it done before.
If we head to US with a massive consolidation at 20c which will put us at $4 and the same value in our shares but how long before we see
a 10x improvemnet on SP to get the same result, which would have to go to $40.
A very long while i am thinking.
Would much prefer to see that initial lift here first.
Does this make sense or am i over thinking it?"


No, you are underthinking it Luppo, as is everyone who thinks the same.

Why do you think it's easier, to go from 20 cents to $2 (AUD) than 4 to $40 (USD)?

You are not taking the amount of shares on issue into consideration, as the Market Capitalisation, is exactly the same.

2 dollars x 1.8 billion shares = 3.6 billion dollars.

40 dollars x 60 million shares = 2.4 billion dollars (or 3.6 AUD).


Does anyone here, think BrainChip could not reach a 2.4 billion USD valuation, if we were finally kicking goals, as would be required to reach a 3.6 billion AUD valuation here?

If BrainChip actually starts performing and living up to its potential, is a 10 billion USD valuation in the Future possible?

10 billion divided by 60 million Shares, is 166 USD.


This is why my only concern is dilution on listing.
If the Company says, we need to have X amount available for US investors, I'm going to say "F... Em" let them try to buy the ones already on issue.

We will have ample funding available, as it is for now and any further raise needed can be done at a much higher price.

Moving to the Biggest Economy in the World, which is Strengthening and putting itself First, is only going to benefit us.

BrainChip for NASDAQ!

I watched as we went to $2.30 in 10 days , would be the same as going to $16 in ten days on the Nasdaq.
Most of the big tech companies in the US had taken years to move that much but if you think
we can get a 400% lift in a shorter period bring it on.
I think it is possible to go this high or i wouldnt be in but in the same amount of time, i think not.

 

[DingoBorat]

I watched as we went to $2.30 in 10 days , would be the same as going to $16 in ten days on the Nasdaq.
Most of the big tech companies in the US had taken years to move that much but if you think
we can get a 400% lift in a shorter period bring it on.
I think it is possible to go this high or i wouldnt be in but in the same amount of time, i think not.

It's not the same Luppo, because again, you are not taking the number of shares on issue into consideration, or the fact that there were about 300 to 400 million less BRN shares on issue at that time.

You're not comparing apples with apples.

58 cents to $2.32 is a 400% increase in SP and a 2.61 Billion dollar increase in MC (on 1.5 billion shares).
Which is an incredible increase!

AUD
$6 to $24 is a 400% increase in SP but only 1.06 Billion dollar increase in MC (on 60 million shares).

So to reach the same MC, is even "harder" in your eyes.

Market Capitalisation does matter.

It could easily go that much or more on the NASDAQ in the right conditions.

Remember "now" is not the year 2022, with near 1% interest rates and Covid stimulus money sloshing around everywhere.

However, despite what Leftist media would lead you to believe, the US is entering a period of Very Strong Growth.

Australia, through its backwater policies, will not experience this same growth.

Yes, BrainChip is a Global Company, but if it wants to gain the best advantage, of the Largest and Growing economy in the World, then it needs to be domiciled there, because of their "America First" policies.

We need to go where the action and money is.

 

[Wickedwolf]

Almost all seem down on a move to the US, I get the risks but also a massive potential upside.

what if any are the benefits of staying on ASX?

on ASX there is blatant daily price manipulation, all good news is met with a fall in price drop, only dividend stocks and mines are understood, after our ford warning the board are terrified to make any announcement.

To me the ASX is a disaster and the sooner we move the better. All our potential and most of our customers are in the states.

 

[Luppo71]

It's not the same Luppo, because again, you are not taking the number of shares on issue into consideration, or the fact that there were about 300 to 400 million less BRN shares on issue at that time.

You're not comparing apples with apples.

58 cents to $2.32 is a 400% increase in SP and a 2.61 Billion dollar increase in MC (on 1.5 billion shares).
Which is an incredible increase!

AUD
$6 to $24 is a 400% increase in SP but only 1.06 Billion dollar increase in MC (on 60 million shares).

So to reach the same MC, is even "harder" in your eyes.

Market Capitalisation does matter.

It could easily go that much or more on the NASDAQ in the right conditions.

Remember "now" is not the year 2022, with near 1% interest rates and Covid stimulus money sloshing around everywhere.

However, despite what Leftist media would lead you to believe, the US is entering a period of Very Strong Growth.

Australia, through its backwater policies, will not experience this same growth.

Yes, BrainChip is a Global Company, but if it wants to gain the best advantage, of the Largest and Growing economy in the World, then it needs to be domiciled there, because of their "America First" policies.

We need to go where the action and money is.

Yep that's where the cash is and I am not saying that can't happen over time.
I'm saying it can't happen in the same.timeframe which is the whole point of my post.
400% in under 20 days.

Hope it proves me wrong.

 

[Iseki]

Almost all seem down on a move to the US, I get the risks but also a massive potential upside.

what if any are the benefits of staying on ASX?

on ASX there is blatant daily price manipulation, all good news is met with a fall in price drop, only dividend stocks and mines are understood, after our ford warning the board are terrified to make any announcement.

To me the ASX is a disaster and the sooner we move the better. All our potential and most of our customers are in the states.

The share price can easily rocket up to $2.50 on the ASX IF there is some news of on-going revenue, as we have seen.
The ASX has rules making sure that existing shareholders aren't diluted out by having a 15% limit on the new shares that can be issued in a year.
The ASX offers a way for serious cornerstone industry investors located in US to invest in BRN, just as any US exchange would.
The ASX offers ways for BRN to be a part on any international Tech Index, just as any US exchange would.
The ASX in US/EU neutral. This means we can do deals with AirBus and RTX.

Let the clients decide. If there is a client out there thjat could "make us profitable from day one", and we can only get them by moving to US, then that is a different question.

 

[Bravo]

Moschip has just announced the launch of a new digital solutions suite "Moschip Digital Sky" which is aimed at accelerating the development of next-generation connected and intelligent products, combining edge AI amongst other things.

I tried to find out a bit more about Digital Sky and stumbled upon this video of Vital Patil, SVP Product Engineering Moschip, who describes how the three main components (Digital Products, Digital IT and Digital Operations) will all tie in together for a new digital era that seamlessly combines Intelligent AI and Connected IOT together.

At approximately 11.49 mins Vital provides more of an explanation of how the Connected Products will work and he states "where the intelligence can be embedded within and the inferences can be run on it and they have been positioned to not only give realtime data but also adapt.themselves for self-services that will be required at their own end. They can actually go on and self-healing by themselves".








MosChip Technologies share zooms 9% on launching MosChip DigitalSky GenAIoT

Last Updated : Mar 06 2025 | 1:23 PM IST


EXTRACT ONLY
MosChip Technologies share price:MosChip Technologies shares were in demand on Thursday, March 6, 2025, as the stock rallied as much as 9.06 per cent to hit an intraday high of Rs 167.80 per share.

MosChip Technologies shares rose following the announcement of the launch of MosChip DigitalSky GenAIoT, a digital solutions suite aimed at accelerating the development of next-generation connected and intelligent products.

According to the company, MosChip DigitalSky GenAIoT will enable enterprises to innovate quickly, shorten product life cycles, and optimise performance by combining the transformative powers of IoT, AI, Generative AI, Edge AI, workflow automation and testing, security, and application modernisation.

Tailored to meet the evolving demands of industries such as smart homes, manufacturing, consumer electronics, healthcare, automotive, and energy, the company highlighted that this suite offers enterprises a scalable and future-proof foundation. It helps build next-generation smart products, majorly reducing time-to-market while improving operational efficiency, MosChip added.

“Product development is at a critical inflection point - connectivity and intelligence are no longer add-ons but core necessities. With MosChip DigitalSky GenAIoT, we are not just offering a technology suite; we are delivering a highly optimised, modular, and intelligent digital suite that accelerates the entire product lifecycle - from hardware design and embedded systems to AI-driven insights and automation. This ensures seamless integration, reduced complexity, advanced cognitive intelligence, and enhanced security at every stage of product development,” said Vishal Patil, senior vice president of product engineering at MosChip.

The company further said that MosChip DigitalSky GenAIoT is now available for enterprises looking to redefine product development, drive innovation, and lead in the era of connected intelligence.

What does MosChip DigitalSky GenAIoT offers?

The MosChip DigitalSky GenAIoT Solutions Suite offers a comprehensive range of offerings designed to drive digital transformation. The Integrated IoT and Connectivity Suite ensures seamless onboarding of smart devices, providing unified management, real-time insights, and adaptive edge security. This suite is built to optimize connectivity and data flow across a wide variety of devices.

The Cognitive Intelligence Suite is centered around enhancing operational efficiency and decision-making through advanced AI capabilities. It integrates Edge AI and Generative AI solutions, enabling businesses to derive actionable insights and automate complex processes, ultimately improving productivity and performance.

The Unified Automation Suite focuses on automating product testing and streamlining product workflows. With the use of autonomous agents and dynamic orchestration, it reduces operational bottlenecks, enabling faster and more efficient development cycles.

Lastly, the Digital-Native Suite helps enterprises navigate cloud-native transformation and microservices modernisation. It also offers integrated data intelligence.

“Today’s enterprises demand frictionless integration, real-time intelligence, and security-first architecture - all while staying agile. MosChip DigitalSky GenAIoT brings these critical capabilities together in a cohesive, solution suite. Together with MosChip DigitalSky Innovation Hub, it provides product leaders and enterprises with unprecedented access to latest technologies, deep tech expertise, and an ecosystem to accelerate innovation, mitigate risks, and fast-track the journey from concept to market-ready, intelligent products,” saidSwamy Irrinki, senior vice president of worldwide sales & marketing at MosChip.






Reminder:

 

[Cardpro]

"I agree that the US is where we can make some serious cash but, as we sit on 20c in the asx if we were
to get 1 or 2 good announcements we could possible go to $2+ and a 10x boost on SP no problem, we have seen it done before.
If we head to US with a massive consolidation at 20c which will put us at $4 and the same value in our shares but how long before we see
a 10x improvemnet on SP to get the same result, which would have to go to $40.
A very long while i am thinking.
Would much prefer to see that initial lift here first.
Does this make sense or am i over thinking it?"


No, you are underthinking it Luppo, as is everyone who thinks the same.

Why do you think it's easier, to go from 20 cents to $2 (AUD) than 4 to $40 (USD)?

You are not taking the amount of shares on issue into consideration, as the Market Capitalisation, is exactly the same.

2 dollars x 1.8 billion shares = 3.6 billion dollars.

40 dollars x 60 million shares = 2.4 billion dollars (or 3.6 AUD).


Does anyone here, think BrainChip could not reach a 2.4 billion USD valuation, if we were finally kicking goals, as would be required to reach a 3.6 billion AUD valuation here?

If BrainChip actually starts performing and living up to its potential, is a 10 billion USD valuation in the Future possible?

10 billion divided by 60 million Shares, is 166 USD.


This is why my only concern is dilution on listing.
If the Company says, we need to have X amount available for US investors, I'm going to say "F... Em" let them try to buy the ones already on issue.

We will have ample funding available, as it is for now and any further raise needed can be done at a much higher price.

Moving to the Biggest Economy in the World, which is Strengthening and putting itself First, is only going to benefit us.

BrainChip for NASDAQ!

We cry about getting shorted on the ASX, but does anyone really think it’ll be any better in the US?

Moving to the US market now is like getting a new pen to get higher score for exams instead of actually studying. It’s a joke.

Sell the damn products, close some real deals, and make actual revenue before even thinking about relocating. Atlassian had over $300 million in revenue before its IPO, and Canva is gearing up for a listing with huge earnings.


And BrainChip? Burning $20 million a year while making tiny amount—less than a million in revenue. We spent $200k on engineering fees, with 60 employees, I am sure many of them gets paid way more than what the whole company earns...

Imo only...dyor...

 

[Chris B]

I contacted Choiceplus and Commsec... I'm effectively screwed if we move to us markets with SP so low... Commsec said they only do international shares Broker to Broker and Choiceplus (hostplus) gave a flat out NO. If we can get SP up enough, then I can atleast sell with a profit in choiceplus and be reasonably happy. Commsec I guess I will have to sell and find best way to buy again if we move overseas. But without a BOOM in SP this is a terrible move for me (along with many others I'm guessing) so SP is what will Influence my Decision on a Yes/No Vote. I can't vote yes to losing a large sum of money and not able to invest any of my Super. The USA might be a good move for the Company, but not for me and many others with SP soooo low. DYOR...

 

[Smoothsailing]

I contacted Choiceplus and Commsec... I'm effectively screwed if we move to us markets with SP so low... Commsec said they only do international shares Broker to Broker and Choiceplus (hostplus) gave a flat out NO. If we can get SP up enough, then I can atleast sell with a profit in choiceplus and be reasonably happy. Commsec I guess I will have to sell and find best way to buy again if we move overseas. But without a BOOM in SP this is a terrible move for me (along with many others I'm guessing) so SP is what will Influence my Decision on a Yes/No Vote. I can't vote yes to losing a large sum of money and not able to invest any of my Super. The USA might be a good move for the Company, but not for me and many others with SP soooo low. DYOR...

The management will not fk over its Australian shareholders IMO that’s not how anyone on the board or PVM for that matter think. They have a plan and we are apart of this plan. Stay positive we’re very close to the $$$