BRN Discussion Ongoing

[Euzor]

JP Morgan takes a 5.38% stake - see ann

 

[Andy38]

JP Morgan takes a 5.38% stake - see ann

Ok so now this makes a bit more sense:
Aerospace and defence big spending!!!!!
I like this a lot!

JPMorganChase Launches $1.5 Trillion Security and Resiliency Initiative to Boost Critical Industries

www.jpmorganchase.com

JP Morgan takes a 5.38% stake - see ann

 

[Labsy]

Very positive news...

 

[Pom down under]

Very positive news...

Hopefully 50 million shares the scummy shorters can’t get there filthy hands on from the 200 million

 

[buena suerte :-)]

Huge !!!!

 

[Frangipani]

Care to take your mind off the cap raise for a moment and read about a capstone project instead?

Raytheon has been sponsoring an annual engineering contest between universities - held across 4 different regions since 2023/2024* - called the RTX Autonomous Vehicle Competition (AVC).
* for the first couple of years it was held in the Texas Region only

While the competition rules change every year, the underlying concept remains the same: multi-disciplinary student teams are challenged to construct two autonomous vehicles each on a predefined budget (which was US$ 5000 during the last round). Either two aerial ones (UAVs) or both an aerial (UAV) and a ground one (UGV) that will need to communicate with each other and complete their tasks modelled on real world-challenges (eg a search and rescue mission) without any human intervention. This requires collaboration between students across different uni departments such as Mechanical and Aerospace Engineering, Electrical and Computer Engineering, as well as Computer Science. So team effort over the duration of roughly a year is a must. As is project management. For many of those students, participation in the AVC is actually their Senior Capstone Project.

For competition sponsor Raytheon, collaborating with universities around their company’s major hubs is a great way to find potential new employees. Multiple Raytheon staff are mentoring the competing teams of students (most of whom are in their senior year) throughout the project’s duration. Take Sylvia Traxler, for example, whom you may remember as a visitor to the BrainChip CES 2025 suite alongside two of her colleagues (it was the BrainChip LinkedIn post with their group photo that got deleted shortly after posting). An alumni of the University of South Florida (she is currently also pursuing a Masters in Artificial Intelligence at The University of Texas at Austin), she assisted her alma mater’s 2024/2025 student team as a mentor and saw them win 1st place at the East Coast AVC in April.



View attachment 92925


California-based James Cooper is another example of a Raytheon AVC university mentor, in his case assisting California State University Long Beach:

https://www.linkedin.com/posts/mobtek_2025-raytheon-west-coast-autonomous-vehicle-activity-7373316123850657792-MV4b

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The 2023/2024 Raytheon AVC was basically a game of tag, in which the Unmanned Aerial Vehicles had to detect and track a target - namely their rivals’ ground vehicles - and deliver a water blast of 20 ml to activate a moisture sensor on the competing universities’ ground vehicles, while avoiding to shower their own UGV.

All ground vehicles had ArUco* markers on top, which helped the drones’ computer vision systems to identify them correctly.
* https://www.geeksforgeeks.org/computer-vision/detecting-aruco-markers-with-opencv-and-python-1/


The 2024/25 Raytheon AVC (“Mission Full Send!”) had student teams imagine a scenario of delivering aid to an injured soldier on a battlefield, which required them to first deploy a Scout UAV mapping an area to search for the wounded person and relay the coordinates of the detected landing zone - denoted by a specific ArUco marker - directly to the other UAV resp. UGV, which was then required to deliver a first aid kit to the specified area. All done autonomously without a human in the loop.
(cf. https://www.gmu.edu/news/2025-05/dr...-raytheon-autonomous-vehicle-competition-2025)

Here is a video about the 2025 West Coast finals that took place in June.



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It appears another team from California Polytechnic (Cal Poly) State University San Luis Obispo has been participating in the latest Raytheon AVC challenge that seems to have been dubbed "Operation Touchdown", and that one member of the current student team, Computer Engineering Senior Gianni Schiappa (who was an Operations Systems intern with Raytheon this summer) used Akida for the fully autonomous drone system he developed:

https://www.linkedin.com/in/gianni-schiappa-1245ba255/

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View attachment 92930

https://www.linkedin.com/in/gianni-schiappa-1245ba255/details/projects/

View attachment 92931



From what Gianni Schiappa writes on LinkedIn, it almost sounds as if the “Raytheon Autonomous Drone and Rover” project were already done and dusted, although Raytheon’s AVC is conceptualised as a two semester-project, culminating in an intermural competition in (Northern hemisphere) spring. Unfortunately, he did not specify a time frame for the project. All I can say is that he was not part of the Cal Poly team that competed in the 2024/2025 AVC West Coast finals in June of this year (and neither was Akida used in their UVA, see https://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1933&context=mesp).

However, the accompanying photo he posted - a screenshot taken less than a month ago, possibly a captured still image of a video - appears to depict a competition, not just training. Maybe some fall semester qualifying contest?
Or is it a recent screenshot of a much older photo or video?

Anyway, nice to see Akida being used in more and more university student projects these days. After all, those young engineers will be tomorrow’s workforce and will already have gained first-hand experience in implementing neuromorphic technology by the time they enter the job market as graduates.

But it’s now up to our management to sign deals and make meaningful revenue to enable those future researchers to continue to work with our products in the years to come.

Last week, I shared my findings about the annual Raytheon Autonomous Vehicle Competition (AVC) and drew attention to the LinkedIn profile of Gianni Schiappa, a fourth year undergrad from Cal Poly San Luis Obispo, who has developed a fully autonomous drone system (into which he integrated Akida), which could successfully execute “autonomous landing on a moving platform.”

Further evidence* has now fully convinced me that Gianni Schiappa and the rest of his multi-disciplinary Cal Poly SLO team are indeed competing in the 2025/26 intermural AVC that was kicked off a few weeks ago, even though he didn’t specify any time frame for the “Raytheon Autonomous Drone and Rover - Operation Touchdown” project.
*See the first project description below referring to this season’s task of “engineering an autonomous system enabling a drone to detect, track, and land on a moving UGV”.

Turns out the Cal Poly engineering students are not the only ones cooking with the ingredient that is sometimes referred to as our secret sauce - at least one other uni team does, too: the one from UC Santa Barbara (UCSB)!

A UCSB Senior Capstone Project Team actually happened to win the 2024/25 AVC West Coast Region finals earlier this year (without the help of Akida at the time, though**), so the new cohort must surely be very keen on defending their school’s title.

While I don’t know whether all of the university teams competing in the ongoing AVC round were possibly advised by their Raytheon mentors to use Akida or whether it was their own idea to try out neuromorphic computing for computer vision tasks onboard the autonomous drone they have been challenged to design and build, it is definitely encouraging to see more and more students from universities other than those that have joined the BrainChip University AI Accelerator Program getting hands-on experience with Akida.


Meet some of the aspiring engineers that make up the UCSB team participating in the 2025/26 Raytheon AVC: Electrical Engineering Seniors Steven De Jesus, Jiahuan (Henry) Zheng and Aneesh Thakkar.

https://www.linkedin.com/in/stevendejesus/

https://www.linkedin.com/in/zhengjiahuan/

https://www.linkedin.com/in/aneesh-thakkar/

One of the people mentoring this season’s UCSB Senior Student Capstone Project Team is Adailton Nali Junior, who was a member of the UCSB team that won the AVC West Coast finals in June.

He also posted a link to yet another RTX video about the contest, which uses some scenes from the other videos I posted last week, but also contains different footage and information:

2025 Raytheon Autonomous Vehicle Competiton Overview | Adailton Nali Junior

I'm thrilled to be selected as a mentor for the 2025-26 UCSB College of Engineering Raytheon Sponsored Capstone Project! I love to teach and give back to our community, so what better way other than helping the future generation of engineers in their education and development ?! For more...

www.linkedin.com

**Here’s the evidence that last season’s West Coast AVC winners did not use any neuromorphic technology for their two autonomous vehicles, just in case you were wondering…

https://www.linkedin.com/in/adailton-nali-junior/

 

[FJ-215]

Am I reading the appendix correctly?

Has JP Morgan Chase been the one lending out shares to shorters?

 

[HopalongPetrovski]

Am I reading the appendix correctly?

Has JP Morgan Chase been the one lending out shares to shorters?

Dunno what you are looking at exactly but its quite likely.
The big boys play an entirely different game on a whole other level than us, hedging, offsetting, taking tax losses, swapping out liabilities.
They may short in the short term driving down the price to accumulate a medium/long term position.
Pure profit driven strategic execution spread over an enormous web of interlinking entities with a global and macro economic viewpoint.

 

[Neuromorphia]

Am I reading the appendix correctly?

Has JP Morgan Chase been the one lending out shares to shorters?

maybe?

Type of agreement Global Master Securities Lending Agreement ("GMSLA")

Parties to
agreement J.P. Morgan Securities plc ("borrower") and UBS Switzerland AG ("lender")

Borrower has the right to terminate a loan and redeliver all and any equivalent
securities due and outstanding to the lender in accordance with lender's instructions
and lender shall accept such redelivery.

 

[Frangipani]

https://www.fierce-network.com/wireless/meet-2025-fierce-network-innovation-awards-finalists

[…]

BrainChip’s Akida Processor is listed as one of the Fierce Network Innovation Awards 2025 Finalists in the category “IoT Innovation”:

It should be noted, though, that in order to make a submission to be shortlisted, companies needed to pay a least US$ 675:

https://awards.fierce-network.com/awardsfiercenetwork/faqs

 

[jrp173]

Just one of the big shorts closing out that was opened just after management had a talk to his sophisticated investors in Sydney. Thanks for the heads up boys, no worries we love it when you screw over retail,so that’s 60-70million closed out we know off going by shortmanand todays. That’s one nice payday for the shorters, pity at the expense of retail investors,AGM’S Coming management and directors paybacks a bitch, votings gunna be ugly. Time for PVDM to step in and say enough enough Antonio and Sean there’s the door.

I would not be holding your breath on that one.. Peter is a huge part of the problem!

 

[HopalongPetrovski]

I would not be holding your breath on that one.. Peter is a huge part of the problem!

 

[Pom down under]

Be good to see an announcement that the full $35 million has been raised, as it seems a few shorters could be panic buying incase there ain’t any left

 

[DK6161]

Woah 4% up. This is it guys! We are finally blasting off into space!
Akida Ballista. Tech and FF were right all this time. We are back at 18 cents. How exciting.

Not advice

 

[7für7]

Whether they plan to short, trade around their position or simply hold …it’s all pure speculation at this stage.
And finally an institutional investor came on board… that’s the stock market game. Shorters will always short.
No reason for me to drown in fear …nothing changes for me. OMO, DYOR.

 

[manny100]

They will likely/for sure lend out to short the next spike even if its a long term hold for them. They would be looking to make some money on the way.

 

[FJ-215]

And it has begun........20M shorts closed in a day, more to follow no doubt..

View attachment 93138

 

[7für7]

And it has begun........20M shorts closed in a day, more to follow no doubt..

View attachment 93138

But still they are able to keep the share down…

 

[Doz]

How to become a substantial holder !

.

 

[7für7]

I still remain on my previous opinion, without an game changing announcement with substantial revenue involved, we will not see any rise…
No financial advice… IMO DYOR… waiting for 24 cents and more