BRN 2.38% 21.5¢ brainchip holdings ltd

It is interesting that for a second time we have a claim about...

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    It is interesting that for a second time we have a claim about the collapse of a Brainchip engagement based upon nothing more than a headline.

    GSI has been awarded $1.1 million dollars to try and develop a chip for this purpose. It is still to prove out the concept and actually be granted a supply contract by the US Airforce.

    Its current chip the Gemini-1 APU has been compared with competitors with the following results:
    https://hotcopper.com.au/data/attachments/6030/6030651-976430e152ad33cab1f50705a0840b30.jpg
    The obvious differentiator between Brainchip's AKIDA technology and GSI's tech based solely on this table is clearly power use and that the project currently being developed by ISL is "a new low-power, lightweight detect and avoid (DAA) system for very small UAS platforms that exploits automotive radar hardware, light-weight EO/IR sensors, advanced data fusion algorithms, and neuromorphic computing."

    A current GSI Gemini-1 APU running at 80Watts is hardly likely to be suitable for such a system so it would seem that there is no basis for drawing any conclusions regarding the prospects of Brainchip and ISL continuing to be engaged in projects with the Airforce Research Lab.

    Indeed the main question that arises is why would someone only post the headline when the first paragraph of the headlined article about GSI makes clear it is a project to develop a chip not a contract to supply and use this article to claim it has cancelled any engagement that exists between ISL, Brainchip and the US Airforce Research Lab? Does this make any sense?

    My opinion only DYOR

    Fact Finder


 
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