DingoBorat
Slim
"Apologies to the classically trained but I am reading to an audience of under 2 year olds where The Little Red Hen rules"Firstly if others want to go back and check I warned against the euphoria that some greeted the admission of Brainchip into the ASX200. (I warned all at the time it would bring to the company a new level of short activity. I suggested this would not be good for the share price and short term investors.)
And it did.
Early in the HOT Ukraine war I warned that this war was going to crush economic activity in the EU, UK and as a result hurt the US at a time when it was flexing its muscles in a trade war with China.
And it did.
I also stated that all these Global storms would however work to Australia’s advantage. I said China needed Australia more than Australia needed China. I said that Europe & the UK needed Australia to fill in the energy gap left by Russia destroying for decades to come any thoughts that Europeans and British peoples had that Russia could be a reliable trading partner. I also pointed to the unsavoury fact that Brainchip would benefit from the resultant increase in military spending by the US and its allies.
And it did.
I said many times the lucky country would continue to prove it was the Economic Miracle.
And it did.
While Brainchip is an Australian born company like Atlassian it too is not a company that finds its success in Australia. As the CEO Sean Hehir said at the AGM shareholders need ‘to get their heads out of their backsides’ and accept that Brainchip is an international company. (He did not use ‘their heads out of their backsides’ line but this was his intent.) Brainchip’s future is international and as such it is subject to all the economic and trading headwinds that circulate in the international economy. It cannot shelter from these forces by hiding away in the economic miracle and become a technology giant. It has to go international.
And it did.
Against this background of increased short activity by ASX200 practitioners including activist shorts, global supply chain disruption, trade wars involving Russia, China, USA and Western countries Brainchip warned of a slow down in the markets it inhabits. Despite these factors Brainchip pushes to grow its ecosystem and increase its sales and marketing efforts across the globe.
And it did.
As for sales cycles I pointed firstly to Prophesee and Sony and it’s shortly to be released mass market vision sensor. Why because it is a perfect example of a neuromorphic product being sold to and developed by a non neuromorphic global company. The evidence is clear Prophesee and Sony commenced working together in 2020. It is now 2023. Time to market at least three years. Despite this great engagement Prophesee raised $50 million in capital late last year to keep the doors open. Substantial income clearly unlikely to start to flow from Sony to Prophesee before end 2023.
But it will.
Renesas announced by Brainchip as an IP purchaser 23.12.20. Renesas announces tape out of AKIDA powered chip just recently with mass production late 2023. Income will flow in 2024.
And it will.
Socionext VP of Sales committed to assisting Brainchip to commercialise the AKIDA product family and just a month or so before the full commercial release of the AKD1000 in 2021 Socionext commenced to promote AKD1000 at trade fairs using the AKD1000 engineering samples as demonstrators. In January, 2023 Socionext announced at CES that they have a range of AKIDA based automotive solutions for customer consideration.
And they are.
Mercedes Benz revealed they were working with Brainchip at CES2022 with vehicles coming to market in 2024 and Brainchip have stated they continue to work with Mercedes Benz to achieve this end.
And they will.
Nviso struggled to find traction in the market place for 11 years and now having discovered Brainchip’s AKIDA solution is finally able to realise its ambition.
And it will.
Prophesee was building a glass house until it was completed by Brainchip’s AKIDA after having first contact with Adam Osseiran 6 years ago is looking towards a commercial engagement.
And it will.
Intel, ARM & SiFive having been announced over 2022 are engaged in marketing Brainchip’s AKIDA solution along with Edge Impulse.
And they are.
MegaChips having first discovered Brainchip’s AKIDA technology solution in 2020 set about creating a section within its organisation of engineers trained in and dedicated to the use and implementation of the AKIDA technology solution and in late 2021 they with Brainchip announced the purchase of a full AKIDA IP licence and set about marketing AKIDA based solutions to their customer base.
And they do.
So just like the Little Red Hen who found some grain and wanted to make bread despite the criticism of the other animals in the barnyard who are lazy or ignorant and not prepared to suffer the hard work and delays involved in taking wheat through the process necessary to become bread Brainchip just keeps forging ahead in an industry where from first customer contact to product on shelf is three years plus and where paradigm shifting is slightly more difficult than alchemy.
My opinion only DYOR
FF
AKIDA BALLISTA
Apologies to the classically trained but I am reading to an audience of under 2 year olds where The Little Red Hen rules.
Sometimes, it seems you are posting to same

