Manny.Megachips not renewing means that they have completed what they took the license out for, ie to design and produce chips for a client. They completed it so no need to renew. This will in no way my effect any royalties from it. That is a not negotiable otherwise licences would have to have to have no end date.
The other option is that they walked away and wasted their time and money and found a better chip. I doubt this.
If they had not finished developing then they would have had to extend.
IR can confirm that the licence has expired but they cannot give any details on what Megachips is doing as that is their business.
We will only know if Megachips releases information which i doubt they will.
As Sean says watch the quarterly cash flows.
I can't imagine Megachips going to all this trouble getting a license, collaborating with NARA Institute on robotics, SNNs etc then not using AKIDA.
Tech sais Peter said the Megachip deal will be big?Manny.
Thanks for the clear response. I am not from an IT technical nor IT backgroud so the terms of the engagement of such a contract are not familiar. I have read the agreement to be for a fixed term to use and play with the IT and if made into something then we get a stream of income. I understand we cant see if that was successful, until the money is in the bank.
But this bit then confuses me.
If the IP agreement was for 4 yrs that to me indicates an end date and thus no more development or ability to continue to use or help other potential customers adopt the Tech. If it was intended that they could, would it not be better to have no end date stipulated.
Can you help me understand that bit as like others have experienced I dont hold hope on IR providing a response and I wish to be able to formulate a AGM question that is cogent and logical.
This will be huge as it is setting the stage for our Akida across the board . Take a look at their webpage Asicland and were their circuits go.
Its the end of the purpose that the license was for. The purpose was that they paid for 4 years to design and produce chips for a client.Manny.
Thanks for the clear response. I am not from an IT technical nor IT backgroud so the terms of the engagement of such a contract are not familiar. I have read the agreement to be for a fixed term to use and play with the IT and if made into something then we get a stream of income. I understand we cant see if that was successful, until the money is in the bank.
But this bit then confuses me.
If the IP agreement was for 4 yrs that to me indicates an end date and thus no more development or ability to continue to use or help other potential customers adopt the Tech. If it was intended that they could, would it not be better to have no end date stipulated.
Can you help me understand that bit as like others have experienced I dont hold hope on IR providing a response and I wish to be able to formulate a AGM question that is cogent and logical.
Manny.
Thanks for the clear response. I am not from an IT technical nor IT backgroud so the terms of the engagement of such a contract are not familiar. I have read the agreement to be for a fixed term to use and play with the IT and if made into something then we get a stream of income. I understand we cant see if that was successful, until the money is in the bank.
But this bit then confuses me.
If the IP agreement was for 4 yrs that to me indicates an end date and thus no more development or ability to continue to use or help other potential customers adopt the Tech. If it was intended that they could, would it not be better to have no end date stipulated.
Can you help me understand that bit as like others have experienced I dont hold hope on IR providing a response and I wish to be able to formulate a AGM question that is cogent and logical.
MannyIts the end of the purpose that the license was for. The purpose was that they paid for 4 years to design and produce chips for a client.
They apparently did this so they had no need to renew.
The term of the agreement is only a start and fiinish date for the development of the chips.
It does not effect agreed royalties. Otherwise no one would renew and keep all the cash.
Sorry, but I don't understand that?Megachips not renewing means that they have completed what they took the license out for, ie to design and produce chips for a client. They completed it so no need to renew. This will in no way my effect any royalties from it. That is a not negotiable otherwise licences would have to have to have no end date.
The other option is that they walked away and wasted their time and money and found a better chip. I doubt this.
If they had not finished developing then they would have had to extend.
IR can confirm that the licence has expired but they cannot give any details on what Megachips is doing as that is their business.
We will only know if Megachips releases information which i doubt they will.
As Sean says watch the quarterly cash flows.
I can't imagine Megachips going to all this trouble getting a license, collaborating with NARA Institute on robotics, SNNs etc then not using AKIDA.
Who ever is doing the manipulation they will benefit when the capital raise notice is issued. The benefit will be more shares obtained due to low share price.Almost 14 million traded and down 13 cent…![]()
There is always an end date otherwise the licensor (BRN) would have no control over how long development would take.Manny.
Thanks for the clear response. I am not from an IT technical nor IT backgroud so the terms of the engagement of such a contract are not familiar. I have read the agreement to be for a fixed term to use and play with the IT and if made into something then we get a stream of income. I understand we cant see if that was successful, until the money is in the bank.
But this bit then confuses me.
If the IP agreement was for 4 yrs that to me indicates an end date and thus no more development or ability to continue to use or help other potential customers adopt the Tech. If it was intended that they could, would it not be better to have no end date stipulated.
***Edit*** I just added this too. If there was no end date, then as a company, would we not lose control of our IP as Megachips can then do whatever they want with the IP after the expiry date, since there is no legal instrument to hold each party to terms.
Can you help me understand that bit as like others have experienced I dont hold hope on IR providing a response and I wish to be able to formulate a AGM question that is cogent and logical.
In the past , as I understood it, Megachips played a part in the design of akd1500 . Somebody correct me if I’m wrong.Sorry, but I don't understand that?
Are you saying Megachips have already produced a chip incorporating AKD1000?
And now BRN will receive royalties from each chip coming out of the foundry?
I really wish that was true but I have my doubts.
If Megachips did not produce a chip then they wasted their time and money including their collaboration with the Nara Institute working on robotics and SNNs.Sorry, but I don't understand that?
Are you saying Megachips have already produced a chip incorporating AKD1000?
And now BRN will receive royalties from each chip coming out of the foundry?
I really wish that was true but I have my doubts.
In the past , as I understood it, Megachips played a part in the design of akd1500 . Somebody correct me if I’m wrong
I’m starting to think Sean was a parrot in his previous lifeIs anybody getting the feeling that Brainchip is really ramping up, I'm thinking come AGM time the company should be a Buzz, Im going and im looking forward to Any Revenue questions and Akida in any prouducts?
Sean really needs to give us answers to the question he probably stretched the truth a wee bit in the past, Watch us Now
Look at Stable Genius excellent post before mine, says it all.If Megachips did not produce a chip then they wasted their time and money including their collaboration with the Nara Institute working on robotics and SNNs.
They are jointly demonstrating Robots with Acumino.
The main attraction of AKIDA1000 at the time was 'on chip learning'.
Brainchip get royalties and chips sold not chips coming 'out of a foundary'.
What makes you think they have 'ditched' AKIDA 1000 and used a Traditional AI chip after all that.
Excellent post.Hi @TopCat
I’m going on memory but it was Socionext that helped design AKD1000.
Very vaguely Douglas Fairburn during the BC interview a no of years ago referred to assisting BC as well. However as an EAP I’m thinking it was more along the lines of making recommendations as to what they wanted included so they could use it better.
Megachips could well be looking to use AKD1000 still but they seem to be much hotter on Quadric. Unless of course they are in stealth mode with BC which I hope is the case.
As far as the Million Megachips spent to licence the product. The reality is that is small change to them and wouldn’t lock them into using BC if for some reason they went down a different pathway.
Renesas for example who spent the Million licensing Brainchip went as far as stating they were taping it out. That was years ago and it never saw the light of day. During presentation a year or so later they stated they would use it if they saw a market need for it.
Unfortunately for BC Renesas “Discovered“ how N & M coding could make significant savings with their own MCU’s and haven’t seen a market need to implement a sales program with a competing product line with their own product. Best Million they spent!
To put it into perspective a year or so after that Renesas spent $7 BILLION buying a software company they wanted so I’m not sure they had to dig too deep into their pockets for the Million they paid BC for high value information.
The tape out of AKD 2500 is awesome news and in reality the company won’t progress too far without going down that pathway. It’ll be fantastic when it’s finally a chip which can be tested and put into prototypes. A bit difficult to sell it otherwise.
Surprised no one‘s mentioned the Forward Edge news. A week or two ago almost every BC manager liked Forward Edge post on LinkedIn so can’t believe no one’s following them.
This release is much better even than the AKD 2500 today. It places Brainchip (Jonathon Tapson) in a leadership position to work with Defence to bring to fruition what Defence are specifically asking for. Sitting at the table with their largest target market (DOW) who are in a hurry.
If the statement below doesn’t give you confidence about Brainchip’s future direction then nothing will!
“Forge the Future was created with a simple but urgent objective: to realign defense microelectronics with the pace of modern innovation. For too long, our warfighters have been constrained by bespoke, slow-cycle hardware models that cannot keep up with emerging threats. This initiative brings together government, industry, and academia to build modular, trusted, and rapidly refreshable architectures that restore U.S. advantage at the edge. Our intention is not incremental improvement — it is structural change in how the Defense Industrial Base designs, fields, and sustains microelectronics.” Said the Chief Executive Officer, Frank Ferrante.
![]()
Forge the Future Delivers Action Plan to Accelerate Trusted U.S. Microelectronics for Critical Capabilities | ForwardEdge ASIC
ForwardEdge ASIC brought together key people across the industry to put a plan together to make a difference in the microelectronics industry. Read the article to learn more about the Forge the Future event.www.linkedin.com
Edit: if Brainchip weren’t recognised as part of the industry’s future going forward then they would have gotten a seat at the table with the other big wigs. RTX, Parsons, Lockheed Martin and Parallax are all keen on BC which is why we were invited!
You raise a very good point.Hi @manny100
Don’t want to be a negative Nelly on the topic but Megachips are also partnered with Quadric and have been pumping their tyres up publicly:
Quadric
“Chimera General Purpose Neural Processing Unit” (GPNPU), which Quadric independently developed, can provide high performance computing regardless of sensor types. Conventional AI engines usually only run at high speed in neural networks while off-loading pre-processing and boundary processing onto a host system. However, with Quadric’s technology, it is possible to run at high speed with pre-processing, boundary processing, and neural network inference on a single hardware unit.
This unique ability that can support all kinds of data processing will allow for the accommodation of new types of neural networks released in the future without any hardware changes, regardless of the applications.
Features
- Scalability for both low power consumption and accuracy
- Accelerate entire steps of AI pipeline processing
- Flexible architecture to support the evolution of AI models
- IPs for silicon implementation
- Software development kits available
![]()
Proud to represent MegaChips on Quadric's board. Quadric is making great progress! | Douglas Fairbairn
Proud to represent MegaChips on Quadric's board. Quadric is making great progress!www.linkedin.com
![]()
Quadric is really on a role! They have breakout AI IP which consistently beats the competition. Whether in cars, PCs, printers, or ? it's a clear winner | Douglas Fairbairn
Quadric is really on a role! They have breakout AI IP which consistently beats the competition. Whether in cars, PCs, printers, or ? it's a clear winnerwww.linkedin.com
Douglas Fairburn who once did a podcast with Brainchip says:
View attachment 95056
I think we need to be realistic that Megachips are possibly using Quadric vs BC.
Love to be wrong of course but I haven’t seen any evidence of that.