Brainchip Holdings Ltd. · ASX:BRN
Brainchip — Shareholder Meeting (May 2021)
38 slides from Brainchip's shareholder meeting presentation, May 26, 2021
Slide 1: ASX Announcement
ASX Announcement BrainChip – Annual General Meeting CEO and Chairman’s Address Sydney 26 May 2021: BrainChip Holdings Ltd (ASX:BRN), appends the Chairman’s address, Chief Executive Officer’s address and presentation to the Annual General Meeting, in accordance with the ASX Listing Rules. This announ
Slide 2: Chairman's Address
Chairman’s Address Let me start by expressing management’s and the Board’s gratitude for your continued support and patience as we strive to bring Akida to full commercialization. As you all know, 2020 was highly impacted by the Covid-19 pandemic. The safety of our employees and safe interactions wi
Slide 3: Chairman's Address (continued)
Though we appreciate certain stockholders’ sentiment over of our remuneration practices, I would like to emphasize that the Remuneration Committee and the Board remains very cognizant of these matters but also have to maintain competitiveness in the markets in which we operate and recruit from. In 2
Slide 4: Chief Executive Officer's Address
Chief Executive Officer’s Address BrainChip is entering an exciting new era as we move from an R&D focus to a manufacturing and sales focus. We have an exciting product, a product that is entering the market at the right time, with the right features that enables clients to design Artificial intelli
Slide 5: CEO Address: AI applications
Artificial Intelligence is a fast-evolving market. Some of the applications we have come across so far are remote controllers, financial forecasting, cameras, food safety, food quality and taste control, intelligent refrigerators, disease detection in breath - and blood samples. We expect that there
Slide 6: Akida IP and AKD1000 chip offering
The Brainchip Akida IP is offered as an encrypted box that is dropped into a manufacturers chip design. It has been configured by Brainchip engineers for the number of nodes that were licensed, depending on the available space, the power budget and the performance that is required. For instance; The
Slide 7: Edge versus cloud processing
Edge of the cloud platforms bring processing even closer to the application devices. These are smaller computing devices that do some local processing and communicate with the cloud. Delays are still significant because these computing nodes are not as fast as the large data centre computers. Securi
Slide 8: Akida learning and sensing examples
learns in real time on the chip, and it is very efficient and fast compared to the ‘old’ GPU method. Our current examples cover all five senses of humans: • Visual object detection, manufacturing • Accelerometer & tactile sensor, bridge resonance fault detection, robotics • Auditory – speech and sou
Slide 9: Stages in the sales process
The 7 stages in the sales process: Creating awareness, through online blogs, trade shows, direct sales, social media, scientific papers and articles Consideration: does the product match the customers’ requirements. We focus on sensor data classification, wearable electronics, medical diagnostics, a
Slide 10: Competing neuromorphic chips and DLAs
have on-chip convolution and to use it you must learn a new language called the Corelet language. Intel have also developed an experimental neuromorphic chip called Loihi. It has a programmable core if engineers want to add their own learning algorithm. It does not have on-chip convolution, and to u
Slide 11: Royalty income and chip sales outlook
the years to come. Every new license has the potential to add a new layer of income to the stack of royalty income. We are right at the beginning of this evolution, with our first license project progressing well. The AKD1000 chip is in production and we expect sales to take off soon after. Initiall
Slide 12: Employee options and LTIP
To attract the right people, we must be attractive. Part of that attractiveness is to issue options. Brainchip has to compete with the big boys, Qualcomm, Intel, IBM, and a dozen others who can offer incentives and salaries that are beyond us. To attract the right quality of people we grant options
Slide 13: 2021 AGM CEO Update
Unlocking the Future of AI. This is our Mission. 2021 AGM CEO Update Peter A J van der Made Founder and CEO
Slide 14: Disclaimer, forward looking statements
Disclaimer, forward looking statements Certain views expressed here contain information derived from third parties or publicly available sources that have not been independently verified. This presentation includes certain statements, projections and estimates of the anticipated future financial per
Slide 15: BRAINCHIP CONFIDENTIAL | AKIDA | 3
5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 3
Slide 16: 2021-2025 AI Technology Trends
2021-2025 AI Technology Trends 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 4
Slide 17: Akida: Path to Revenue
Akida: Path to Revenue IP CHIP MODULES USB 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 5
Slide 18: AI Moving to the Edge
AI Moving to the Edge 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 6
Slide 19: BrainChip Expanding Opportunities
BrainChip Expanding Opportunities 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 7
Slide 20: The BrainChip Advantage
The BrainChip Advantage 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 8
Slide 21: The BrainChip Advantage
The BrainChip Advantage 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 9
Slide 22: Key Differentiators
Key Differentiators Low Power Consumption Small and Light Weight One Chip Fast Learning and Inference Low Heat Generation On-chip Convolution 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 10
Slide 23: The Future Looks Bright
The Future Looks Bright ∙ Transitioning from a R&D Phase into Production and Sales ∙ Building a network of Design Partners (chip) and Solution Providers (modules) ∙ Producing First generation (beyond Engineering Samples) ∙ Driving Revenue by Licensing of the IP, chip sales. Module sales and royaltie
Slide 24: Customer Engagement
Customer Engagement ∙ Create awareness ∙ Consideration ∙ Evaluation ∙ Support ∙ IP Licensing ∙ Development and Testing ∙ Production and sales 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 12
Slide 25: BrainChip Highlights
BrainChip Highlights 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 13
Slide 26: Defining Industry Enabling Technologies
Defining Industry Enabling Technologies 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 14
Slide 27: Competitive Analysis
Competitive Analysis NONE LEARN COREL PROGRAMMABLE LEARN NEF 2-5W Math chip Math chip 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 15
Slide 28: Edge Based Devices requiring AI - $60B by 2025
Edge Based Devices requiring AI - $60B by 2025 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 16
Slide 29: Edge AI Market Forecasts (3rd party)
Edge AI Market Forecasts (3 party) rd 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 17
Slide 30: Edge AI Market Forecasts (3rd party)
Edge AI Market Forecasts (3 party) rd 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 18
Slide 31: Conceptual IP Licensing and Royalties Model
Conceptual IP Licensing and Royalties Model 2024 2023 2022 License Income royalties Y2 Y3 Y4 Y5 Y6 Y7 Y8 Up-front Licensing 2021-2024 Resulting Royalties escalate with multiple licenses 2022-2028 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 19
Slide 32: Conceptual Chip & Module Sales Outlook
Conceptual Chip & Module Sales Outlook AKD1000 AKD1500 AKD2000 AKD500 Tacheon Pi PCIe USB dongle M.2 PCIe 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 20
Slide 33: Investing in the Future
Investing in the Future ∙ AKD1000 ∙ AKD2500 Advanced snn with convolution, Advanced snn for capsule on-chip learning, low power networks and htm In production ∙ AKD3000 ∙ AKD1500 Optimized akd2500 for recurrent Advanced snn with lstm and cortical networks, capsule transformer networks networks and h
Slide 34: Investing in People
Investing in People Investing in the ∙ New CEO search RIGHT PROCESSES ∙ Atract additional New Board Members AND VALUES ∙ Growth of Sales and Marketing for attracting and retaining ∙ Growth of Engineering and Product Development THE RIGHT PEOPLE ∙ Growth of Business Operations 5/21/2021 BRAINCHIP CON
Slide 35: BrainChip Investor Relations
BrainChip Investor Relations ∙ ASX 300 Index ∙ OTCQX Listing ∙ Opening the door for institutional investors ∙ Improving Communication with investors ∙ Appointed new Investor Relations Manager 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 23
Slide 36: Summary: Unlocking the Future of AI
Summary: Unlocking the Future of AI We don’t make the sensors We don’t add complexity WE MAKE THEM INTELLIGENT WE ELIMINATE IT We solve the tough We don’t waste time Edge AI problems WE SAVE IT OTHERS DO NOT OR CANNOT 5/21/2021 BRAINCHIP CONFIDENTIAL | AKIDA | 24
Slide 37: Questions
; @ Questions | | S
Slide 38: Thank you
Thank you brainchip™