BrainChip's Success in 2020 Advances Fields of On-Chip Learning and Ultra-Low Power Edge AI

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Development progress of Akida Neural Processor technology, industry partnerships, and leadership expansion among highlights of the past year

brainchipinc.com, Mar. 03, 2021 – 

San Francisco, March 3, 2021 – BrainChip Holdings Ltd. (ASX: BRN), a leading provider of ultra-low-power, high-performance AI technology, ended the 2020 calendar year having made significant strides in the development of its technology backed by the launch of its Early Access Program (EAP), availability of Akida™ evaluation boards, new partnerships, and expansion of its executive leadership and global facilities.

The Company's EAP was launched in June targeting specific customers in a diverse set of end markets in order to ensure availability of initial devices and evaluation systems for key applications. Multiple customers have committed to the advanced purchase of evaluation systems for a range of strategic Edge applications including Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), Unmanned Aerial Vehicles (UAV), Edge vision systems and factory automation. Among those joining the EAP include VORAGO Technologies in a collaboration intended to support a Phase I NASA program for a neuromorphic processor that meets spaceflight requirements. BrainChip is also collaborating with Tier-1 Automotive Supplier Valeo Corporation to develop neural network processing solutions for ADAS and AV.

This year, BrainChip partnered with Socionext, a leader in advanced SoC solutions for video and imaging systems, to provide a complete low-power AI Edge network for vision, audio and smart transducers without the need for a host processor or external memory. The Company's partnership with Magik Eye Inc., developers of revolutionary 3D sensors that change how machines see the world, combines the best of AI with 3D sensing to provide a total 3D vision solution to customers for fast 3D object detection and recognition in applications, including robotics, automotive and emerging consumer products, such as AR/VR and others.

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