Brainchip Holdings Ltd. · ASX:BRN
Brainchip — Investor Presentation (January 2019)
19 slides from Brainchip's investor presentation, Jan 31, 2019
Slide 1: December 2018 Quarter Update
BrainChip Holdings Ltd December 2018 Quarter Update Louis DiNardo Chief Executive Officer 31 January 2019 Australia 30 January 2019 United States Brainchip 1
Slide 2: December 2018 Quarter Summary
December 2018 Quarter Summary • Total net cash outflows for the quarter were US$2.7M compared to $2.6M expected in the first quarter of 2019. • Total cash receipts for quarter were US$227,000 (approximately AU$310,000). This amount does not include invoices issued in the quarter that will be paid at
Slide 3: Intellectual Property
Intellectual Property • The Company strengthened Intellectual Property protection in the December 2018 quarter with the filing of an omnibus provisional U.S. patent application with the United States Patent and Trademark Office (USPTO). • A core strategy of the Company is to protect its intellectual
Slide 4: Sales Engagements
Sales Engagements • Sales engagements in the quarter included 26 active or pending trials with end-users and original equipment manufacturers (OEMs). Trials are a critical first step toward the ultimate goal of achieving design wins. • During the quarter, the Company completed a successful trial of
Slide 5: Reseller Program
Reseller Program • The Company has strengthened its sales and reseller presence in both Europe and North America. • ION Sales has been contracted to represent the Company in Texas and the surrounding states. ION will be responsible for potential major OEM engagements in this market including Dell/EM
Slide 6: Gaming Partners International
Gaming Partners International • GPI product development reached several significant milestones in the quarter. • The BrainChip vision system for Blackjack and Baccarat has been integrated into GPI’s automated table solution (ATSTM). • Enhancements and added features are expected to continue througho
Slide 7: SNTech
SNTech • The audit of SNTech books and records in the December 2018 quarter proved unsatisfactory with respect to disclosures. • The Company filed a Freedom of Information Act (FOIA) request with the Lockport School District to secure detailed information regarding this transaction. • Lockport respo
Slide 8: BC Studio OEM Customer Engagements
BC Studio OEM Customer Engagements • Quantum Corporation continues to market BrainChip Studio to their customers in two primary vertical markets which are Media and Entertainment (M&E) and Surveillance. • The Company will visit several major M&E production companies with Quantum during the first qua
Slide 9: Veritone Integration of BrainChip Studio
Veritone Integration of BrainChip Studio • The aiWare platform is a cloud-based video storage product with video analytic tools, which will include BrainChip Studio among them. • The Company’s pattern and object recognition products provide Veritone with the capability to search vast amounts of vide
Slide 10: Safran
Safran • Safran has completed a tender offer for a vision system applied to manufacturing inspection and an award is expected for broad deployment of this system. • Should BrainChip be selected in this process, the Company would have the opportunity to earn revenue from licenses sold. Brainchip 10
Slide 11: Video Management System Engagements
Video Management System Engagements • The Company previously announced an expected agreement with a major VMS provider by the end of 2018. This agreement is in progress and while not yet executed, the supplier is currently marketing BrainChip Studio in conjunction with their VMS for video analytics
Slide 12: End User Engagements
End User Engagements • While the sales cycle is longer than earlier expected, End-User engagements for BrainChip Studio continue to grow in number. • The Company currently has active or pending trials in Denmark, Spain, France and the UK, as well as North American law enforcement and federal agencie
Slide 13: Akida Market Focus
AkidaTM Market Focus • Akida is a Neuromorphic System-on-Chip (NSoC) that includes both Inference (Deep Learning) and Autonomous Learning in a single low-power, low-latency and low-cost integrated circuit. • Edge applications include use cases were data is acquired by a variety of transducers and a
Slide 14: Akida CIFAR10
Akida CIFAR10 Brainchip https://www.brainchipinc.com/news-media/videos/video/1635/cifar-10-demonstration 14
Slide 15: Akida Customer Engagements
Akida Customer Engagements • The Company has established early engagements with vision sensor manufacturers, automobile manufacturers for ADAS and AV, as well as first- tier module suppliers to the automotive industry in Europe and North America. • As the Akida Development Environment (ADE) and Akid
Slide 16: Akida Product Development Update
Akida Product Development Update • The Akida architecture and development environment were announced in late 2018 and have received significant interest, with over 20 articles globally highlighting the innovation (refer to the Company’s website to view recent publications). • The ADE fully simulates
Slide 17: Human Resources Update
Human Resources Update • Headcount at December 2018 was 36. • Approximately 80% of the Company’s workforce is in engineering development and research. • The Company’s design center in California employs 16. • The design center in Toulouse, France employs 14. • The balance of the workforce is located
Slide 18: Organization and Communication
Organization and Communication • Separation of sales and marketing. • Separation of applied and advanced research. • Transition to partner relationships for end-user sales. • Enhanced branding campaign for the Akida launch. • Improved communication strategy for investor relations. • Evaluating locat
Slide 19: Summary
Summary • BrainChip Studio revenue opportunities continue to grow. • The Company will allocate resources to support closure on current engagements. • The Akida development is moving through design and into production for second half 2019. • The Company is committed to the introduction of an Akida pr
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