Expected to give BrainChip an immediate source of revenue, recurring income and a ready customer base
A recurring revenue stream from existing Spikenet contracts.
Additional revenue expected to be added from current marketing activities
Ongoing maintenance contract with plan to deploy into other areas for use in parking management, left luggage detection and people counting.
Merging of complementary technologies offers potential to create the world’s most technically advanced autonomous learning enabled system
Accelerates commercialisation opportunities for BrainChip’s SNAP technology
Expands the offeringto include software and hardware solutions
Significantly enhances BrainChip’s sales pipeline, provides good customers and immediate recurring income
BrainChip can now provide a logical and seamless upgrade path for customers moving from software to hardware solutions
Additional technical expertise will assist in accelerating BrainChip’s growth
Ann.out, page-154
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