Ann: Frontgrade Gaisler Licenses Brainchip's Akida IP, page-9

Sydney – 16 December 2024 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, BCHPY) (“BrainChip”, or the “Company”), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic artificial intelligence, today announced that Frontgrade Gaisler, a leading provider of radiation-hardened microprocessors for space applications, has licensed BrainChip’s AkidaTM 1.0 Neuromorphic AI IP for incorporation into its space-grade, fault-tolerant, system-on-chip solutions for hardware AI acceleration across multiple product generations. This builds on their collaboration announced on 5 May 2024, to evaluate Brainchip Akida silicon devices. This commercial licence agreement paves the path forward for AI chips to be deployed in space. The Akida neuromorphic computing solution was selected based upon providing real time data stream processing with resiliency, autonomy and accuracy at the lowest power, mass and volume.The European Space Agency (ESA) has been leading in the efforts to deploy neuromorphic computing to the furthest edge of AI. “While many fields no doubt can benefit from neuromorphic computing, one essential area is computer vision applications where current FPGA or GPU technologies do not bring satisfactory results for edge deployments when considering mass, volume and power constraints,” said Laurent Hili, microelectronics and data handling engineer at the ESA. “This program has demonstrated the superiority of neuromorphic technology through several on-going activities with satellites, IP and component suppliers such as Frontgrade Gaisler and BrainChip." BrainChip’s neuromorphic AI will boost space-borne On-Board-Computers with superior power efficiency and inference performance while maintaining compatibility with existing Convolutional Neural Networks (CNNs).This licence agreement progressed after a successful evaluation engagement with Frontgrade Gaisler (Frontgrade) where BrainChip, Frontgrade and ESA collaborated to evaluate BrainChip’s Akida neuromorphic processor silicon on insulator samples and software. The evaluation also measured execution performance and power for potential integration into Frontgrade’s next generation fault tolerant, radiation-hardened microprocessors. The evaluation project was driven by the European Space Agency (ESA) under a program known as the ESA Discovery Open Space Innovation Platform. BrainChip will receive €150,000 for its role in this project