Brain chip (ASX:BRN) signed a commercial licensing agreement with Frontgrade Gaisler, a supplier of radiation-resistant microprocessors.
The deal will see BrainChip’s Akida AI intellectual property incorporated into Frontgrade Gaisler’s fault-tolerant microprocessors, designed for use in space missions. This follows an earlier collaboration announced in May 2024 in which BrainChip’s Akida technology was evaluated for potential space applications.
The partnership enables the deployment of AI in space, an area where extreme environments demand ultra-reliable, low-power computing.
Why Akida was selected
The Akida neuromorphic AI system processes data in real time while providing low power consumption, minimal mass and a small physical footprint, key attributes for space applications. Traditional systems such as GPUs and FPGAs struggle to meet spatial constraints on mass, volume, and power. The European Space Agency (ESA), which has led efforts to deploy neuromorphic computing in space, has played a key role in assessing the system’s potential.
Commercial conditions
As part of this agreement, BrainChip will receive:
- A 10% royalty on the net sale price of the first licensed product sold by Frontgrade Gaisler.
- €150,000 for the initial integration project with Frontgrade Gaisler, part of ESA’s Discovery Open Space innovation platform.
Frontgrade has the option to license additional Akida 1.0 IP for a second product, for a fee of €150,000 or a 15% royalty on the net selling price of that second product.
Sean Hehir, CEO of BrainChip, commented: “We are pleased to expand our trusted relationship with Frontgrade as they push the boundaries of spatial computing. »
Shares closed up 4.17% at $0.25 yesterday.
