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BrainChip Lands US$1.8M U.S. Air Force Contract, Boosts Neuromorphic AI Reach

8:33am on Tuesday 28th of January, 2025 AEDT Technology
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BrainChip Lands US$1.8M U.S. Air Force Contract, Boosts Neuromorphic AI Reach

8:33am on Tuesday 28th of January, 2025 AEDT
Key Points
  • Awarded US$1.8M U.S. Air Force contract for neuromorphic radar processing
  • Licensed Akida 1.0 IP to Frontgrade Gaisler for European Space Agency applications
  • Launched Akida Pico, an ultra-low power AI co-processor for edge devices
  • Ended quarter with US$20M cash despite increased operating outflows
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