Hopefully BrainChip was selected for the tender offer Louis mentioned in the December Update. Considering that (according to Safran) BrainChip’s innovative technology is key to support Safran Electrical & Power's harnesses production activities, I can't see why not?
BrainChip Holdings Ltd. and Safran collaborate on development of machine vision inspection system for harnesses production activities
June 14, 2017
https://www.asx.com.au/asxpdf/20170614/pdf/43jy7qwwz7ky5k.pdf
"“BrainChip’s innovative technology is key to support our harnesses production activities. This powerful image processing technology enables to control where the wire is plugged, which will significantly improve quality. It serves our objective of developing digital manufacturing for the Factory of the Future”, added Sébastien Jaulerry, Safran Electrical & Power’s EWIS Eurasia Vice President."
BrainChip Holdings (ASX:BRN) December 2018 Quarter Update Presentation
February 01, 2019
https://www.finnewsnetwork.com.au/archives/finance_news_network221917.html
"Safran, just a quick update and I know this seems like a bit of a paradox. Safran, we've been selling Safran licenses in small volume and they've integrated it into their manufacturing inspection or visual inspection system, in part because they have tight government ties. It was necessary for them, as they move into larger scale deployment, to put a tender offer out. That tender offer, frankly, a great deal of it was designed around the specifics of our solution. So it was a, I think it was a process that they had to go through, and it appears that that tender offer has been completed.
Should we be selected, which has a high probability given the specification that was written, as well as the trials that have been done, more than trials actually in use in their inspection flow, we would generate revenue from those licenses that we sell. And again, that would be licenses with an ongoing maintenance fee. We'll give you an update as things move forward with Saffron."
Safran was happy enough to announce their collaboration with BrainChip:
https://www.safran-electrical-power.com/innovation-0#5
"Safran Electrical & Power has started to collaborate with start-ups on innovative technologies. The goal is to rapidly integrate new digital technology into its commercial offerings and facilities. And so, the company started collaborating with three start-ups on patented technology: DIOTA for augmented reality, WiN MS for reflectometry and BrainChip for image processing."
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