Total
0
Shares
BrainChip (ASX:BRN) - CEO, Louis DiNardo - The Market Herald
CEO, Louis DiNardo
Sourced: Crunchbase
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • BrainChip (BRN) has announced a new collaboration, with VORAGO Technologies signing the Akida Early Access Program Agreement
  • Together the two companies will support a Phase one NASA Program for a neuromorphic processor that meets spaceflight requirements
  • The agreement requires VORAGO help pay any of BrainChip's expenses related to the collaboration
  • While in return the company gets full access to the Akida device, evaluation boards and dedicated support from BrainChip
  • Shares in BRN are trading grey at 31 cents each

Tech developer BrainChip (BRN) has announced a new collaboration, with VORAGO Technologies signing the Akida Early Access Program Agreement.

Together, BrainChip and VORAGO will support a phase one NASA Program for a neuromorphic processor that meets spaceflight requirements.

The Texas-based tech company will bring its patented HARDSIL technology to the program, to be used with BrainChip's Akida neuromorphic processor, its flagship artificial intelligence technology.

Both of the company's technologies are uniquely suited for use in space and other extreme environments.

"The combination of benefits from the Akida neuromorphic processor and a radiation-hardened process brings significant new capabilities to spaceflight and aerospace applications," BrainChip CEO Louis DiNardo said.

"We are thrilled and honoured to partner with BrainChip to harness the radiation hardening capabilities of our patented HARDSIL technology for the phase one program with NASA," VORAGO CEO Bernd Lienhard added.

Under the Akida Early Access Program Agreement, VORAGO will help pay any of BrainChip's expenses related to the NASA collaboration.

In return, the Akida program offers early access to the Akida device, evaluation boards and dedicated support from BrainChip.

Following today's collaboration news, shares in BRN are trading grey at 31 cents per share at 10:17 am AEST.

BRN by the numbers
More From The Market Herald
DXN (ASX:DXN) - CEO, Matthew Madden (right) - The Market Herald

" DXN (ASX:DXN) scores $1.1m contract with BSCC

DXN (DXN) has signed a deal with Belau Submarine Cable Company (BSCC) to supply a prefabricated cable landing station (CLS) for deployment in
Tesserent (ASX:TNT) - Co CEO, Kurt Hansen - The Market Herald

" Tesserent (ASX:TNT) eyes $25m for acquisition and deferred payments

Cybersecurity company Tesserent (TNT) has received binding commitments to undertake a $25 million placement.
ReadyTech (ASX:RDY) - CEO, Marc Washbourne - The Market Herald

" ReadyTech (ASX:RDY) buys Avaxa for $2.2m

ReadyTech (RDY) has acquired specialist enterprise student management software business, Avaxa.
DC Two (ASX:DC2) Victoria data centre progresses

" DC Two (ASX:DC2) eyes $2.5m for Bibra Lake data centre

IT service and management company DC Two (DC2) has received binding commitments to undertake a $2.5 million placement.