Certainly can't rule out a CR. Only management know what revenue to expect and yes, they have got that wrong time and again. Next quarterly might have some $$ from the extra developments GPI requested and the purchase orders from Safran. Concerns on both fronts there though. How long before the merger is complete, will Angel honor the 25% cut for BRN or will they cut us out altogether. Similar with Safran, we've had to tender to be part of a process we've helped develop. Are they going to string us along with small purchase orders before awarding the contract to someone else?
As for BRN funding Akida on there own, there might be an option we haven't consider yet. Could be we give up some future Akida revenue or more likely allow Socionext to use some of our IP in other projects.
Socionext MOU
BrainChip and Socionext Sign Memorandum of Understanding
AkidaTMDevelopment moves forward with an Industry Leading ASIC Partner
•Path to physical production of AkidaTM Neuromorphic System-on-Chip
•Memorandum of Understanding with Socionext
o Socionext is a leading provider of Application Specific Integrated Circuits (ASIC)
o Memorandum of Understanding outlines Key Terms of a Definitive Agreement
•Definitive Agreement to be negotiated incoming months
Socionext Company in a nutshell
What makes Socionext an ideal technology partner?
We don’t believe in a one-size-fits all approach to technology. We instead partner with each customer to learn their business challenges and goals, ask the right questions, listen carefully to their needs -- and then collaborate on the ideal solution.Our customers know that they can rely on our decades of engineering expertise in hardware design and software solutions.
Socionext has over 10,000 unique IPs and trademarks under our belt.
Yes, dot joining. I know
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