BRN 2.44% 20.0¢ brainchip holdings ltd

Reports form today's presentation....Anyone?, page-25

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    I was there as well today and I think Tigers and BlueAnt have covered the majority of the meeting points quite well.

    A couple of other things worth mentioning:
    There was a mention about the breathalyzer. PVDM said they did a lot of searching to find an appropriate sensor before arriving on the one by Technion. Most of the other sensor types available are either large (up to the size of a fridge), or require heating for the sensor to work (additional heating requirement removes the ability to have ultra low power applications).
    This indicates to me that they have done a lot of due diligence and have carefully chosen who they partner with.

    Peter did mention that Technion are a small company and that they are developing the prototype device. Brainchip can't control when this product is released, they need to wait until Technion are happy with it. Plus he mentioned TGA/FDA approval will be required before it can be used commercially. I took this as him saying to please be patient, they can't influence how much longer it may take to be developed.

    Brainchip are growing, they now have over 50 engineers (number on the slide pack is slightly outdated).

    To elaborate on when Tigers discussed Intel directing customers their way, Peter appeared grateful as they didn't have to do that.

    Also to elaborate about the cybersecurity aspect, Peter said there was a company called Cylance who was previously interested in Brainchip. They were bought out by Blackberry and this seems to have killed any further discussions. Just mentioning this because there was a poster who was recently wanting to get BRN to reach out to Blackberry.

    He did also say that if companies were interested in using Akida for cybersecurity application, in his opinion it would be best to use multiple Akida chips running in parallel to deal with the high bandwidth issue and minimise the delays in detecting cyber attacks.

    In the slidepack there is a page showing the different board types. One had an M.2 form factor (the smallest sized one typically used in laptops) while two have PCI Express slots (for PC's). Peter mentioned they are looking at getting another board made which is identical to the M.2, but which also has a PCI Express slot (a smaller board for PC's). Plus he briefly mentioned they are thinking about making a small device/board to connect to Raspberry Pi's.

    To further elaborate on the railcar bearing anomaly product, he said the alternative product from the UK costs over a million dollars. Plus it uses over 1000Watts (compared to Akida's uW to mW). He mentioned how Akida could be hooked up to a small rechargeable battery and a solar panel and deployed almost anywhere. So huge opportunities here.

    Peter stressed how MetaTF was very important to the company's success.

    There was a quick run through showing how easy it was to convert CNN's to SNN's in MetaTF.
    Plus there were demonstrations of:
    -face recognition using one shot learning
    -NLP word recognition system
    -COVID breath test classification (using data files with breath resistance data, not actual breath tests)
 
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