BrainChip Engages VVDN to Deliver Industry's First Commercial Edge Box Based on Neuromorphic Technology

Laguna Hills, Calif. – September 20, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it has partnered with VVDN Technologies, a premier electronics engineering and manufacturing company, to deliver the industry’s first Edge box based on neuromorphic technology.

VVDN Technologies is an industry-leading device manufacture and solutions provider that has extensive experience in developing and deploying vision-based solutions for various domains, such as automotive, industrial, security surveillance, enterprise, medical and others. VVDN will complement BrainChip’s AI capability with their domain expertise in hardware design, firmware development, cloud integration and manufacturing for the Edge box product.

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“We are excited to bring the benefits of neuromorphic computing to the Edge AI market with VVDN as our lead partner,” said Sean Hehir, CEO of BrainChip. “This portable and compact Edge box is a game-changer that enables customers to deploy AI applications cost-effectively with unprecedented speed and efficiency to proliferate the benefits of intelligent compute.”

The Edge box is a compact and powerful device that can run various AI applications at the Edge of the network, such as video analytics, face recognition, object detection and more. The Edge box leverages BrainChip’s Akida™ processors, which are designed to mimic the structure and function of the human brain. Akida processors offer high performance, low power consumption and scalability for Edge AI solutions.

“Edge boxes are a rapidly growing segment in AI and are currently based on platforms from major players,” said Bram Geenen Co-founder of Wevolver, providers of one of the most subscribed Edge AI analyst reports. “The cost-effectiveness, efficiency and scalability of BrainChip’s Akida neuromorphic processor, coupled with VVDN’s solutions expertise should deliver a boost to the proliferation of customizable and secure AI applications at the Edge.”

“Edge AI is currently dominated by Nvidia and Qualcomm. But these systems are not ideal for the Edge from a power, size, and cost perspective,” said Marc Staimer, President Dragon Slayer Consulting. “Edge AI systems specifically architected to meet the performance, power, cooling, portability, and cost requirements are necessary to drive market growth.”

The Edge box will be available for presale from BrainChip and VVDN later this year.

About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY)

BrainChip is the worldwide leader in Edge AI on-chip processing and learning. The company’s first-to-market, fully digital, event-based AI processor, Akida™, uses neuromorphic principles to mimic the human brain, analyzing only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Akida uniquely enables Edge learning local to the chip, independent of the cloud, dramatically reducing latency while improving privacy and data security. Akida Neural processor IP, which can be integrated into SoCs on any process technology, has shown substantial benefits on today’s workloads and networks, and offers a platform for developers to create, tune and run their models using standard AI workflows like Tensorflow/Keras. In enabling effective Edge compute to be universally deployable across real world applications such as connected cars, consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor, is the future, for its customers’ products, as well as the planet. Explore the benefits of Essential AI at www.brainchip.com.

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