BRN 9.30% 19.5¢ brainchip holdings ltd

Ann: September 2018 Quarter Update, page-5

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    "A first commercial agreement with a large surveillancemanufacturer is expected by year end 2018."


    "In the June quarter the Company invoiced SNTech US$609,135 based on an existingLicensing and Development Agreement. SNTech has disputed the invoice and theCompany has intiated a full audit of SNTech’s books, records and source code. Theresults of the audit are expected in November 2018."


    "The Company expects to move to an FPGAhardware implementation of Akida during the fourth quarter of 2018 for internal use."

 
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