BRAINCHIP - NEW ENTRY OPPORTUNITY!Forget Silicon Valley and turn...

BRAINCHIP - NEW ENTRY OPPORTUNITY!

Forget Silicon Valley and turn your globe upside down. Then you will see where the music is currently playing in the field of artificial intelligence: in the land of kangaroos and koalas. BrainChip, one of the most exciting chip startups in recent history, is based here. With their development of a neuromorphic processor called Akida™, the Australians have certainly made a big splash that is electrifying investors.

The share price development has demonstrated this since the beginning of the year. The share price has almost tripled, particularly with the announcement that the Company has succeeded in obtaining another important patent - now already the eighth - for the protection of its processor design at the US Patent Office. The patent covers so-called Spiking Neural Networks (SNN), which mimic the functioning of the human brain by convolution of input information.

Since potential customers are already lining up (including car manufacturer Daimler and the US military), BrainChip is also having no trouble finding financing partners to further develop its processor. For example, earlier this year, the Company agreed on a capital call deal with its major shareholder LDA Capital, which allows them to call loans at short notice to ensure ongoing financing.

The chipmakers have collaborated with NaNose Medical to develop a portable SARS-CoV-2 virus testing device based on the Akida™ chip. It can detect viral load at a much earlier stage purely from breath and thus at a much lower viral load - more reliably and rapidly than a PCR test. This development alone could become a blockbuster product if commercialized quickly. Further information on the Company, which is currently valued at around AUD 2.8 billion, and its current developments, is expected at the International Investment Forum (IIF), which will open its virtual doors on February 17, 2022. For more information, visit www.ii-forum.com.

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