VVDN, page-11

I was thinking how many investors on asx who invested in a new technology from the scratch. Is it a reason market is underestimating brainchip.
If I go through brn we are in 4th year of commercialisation. From a laymen perspective it is a lo..ng time, but we are not selling a product. Even when brainchip tape out akida 1000, company never want to sell the same to retail. It was a proof of concept.
Proof of concept ( evidence to show market a product is real) yes there are NDAs before and after.
So to me commercialisation with proof of concept. ( What is means is market will test the product and find utilisation).
To me it is too vast an area to explore. And then in between we come across concepts of TENNs VITs extra.
when I try to analyse the information with real market I find a few dot points far and against the
technology.
points in favour
1. Very power efficient
2. Can process quickly on the edge.
3. On chip learning
4. Parallel processing without a fuss.
5. Sensor agnostic
6. Non van Neuman architech.
7. Cnn to snn convertor.
8. Cloud free solutions
points against the technology
1. Competitors are too big.
2. Non van Neuman architech. ( Real shortage of technical people who can work on the technology)
3. A lot work is required to make technology compatible with existing technologies.
4. New technology from top to bottom, (if anyone have to use the technology that will require totally new algorithms.
5. Existing market mindset is processing on cloud that means data can be retained for future use as well.

progress made by company since start of commercialisation
1.Brn architech is compatible with arm architech.
2. Introduction of TENNs and VITs to adress broader market needs.
3.Edge compute is becoming a reality ( non existent 4 years ago)
4. Developing a bigger eco system with more than 50 partners.
5. Collaborating with universities so as to train new people for the technology.
6. A big leap forward in space industry.
In conclusion yes revenue is missing but when we need a solid building we have to work harder underneath the ground than on the ground.
We never seen what is there at the foundation of a building but we always praise a beautiful building. Do we ever realised without a solid foundation even the most beautiful building can collapse.
So my understanding is market cannot see the foundation work being done in last 4 years of commercialisation but the same is more important than the real building.
dyor