MARKET WIRE NEWS

BrainChip Gives the Edge to Search and Rescue Operations

MWN-AI** Summary

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) has partnered with ARQUIMEA, a technology company specializing in high-demand sectors, to enhance water safety through AI-powered detection systems. The collaboration employs BrainChip’s Akida processor alongside Prophesee’s event-based Metavision® camera mounted on low-power drones to detect individuals in distress at beaches. This advanced integration allows for immediate processing of visual data directly by Akida, sidestepping the conventional need for frame-based algorithms, resulting in quicker and more efficient identification of distressed swimmers or surfers.

Miguel Lopez Estevez, ARQUIMEA's Head of Robotics, stressed the limitations lifeguards face in monitoring vast beach areas. This innovative system aims to bolster search and rescue operations, potentially saving lives that might go unnoticed. BrainChip's Akida mimics the human brain’s processing capabilities, analyzing critical sensor inputs right at acquisition to optimize energy efficiency and performance, while keeping AI and machine learning tasks localized to the chip, independent of cloud-based services, which significantly reduces latency.

According to Jonathan Tapson, BrainChip's CDO, the synergy between Akida and Prophesee's systems allows for a drastic reduction in memory and computational requirements, ultimately enhancing detection speed and efficiency. This collaborative approach reflects a significant advancement in AI technology applied to real-world scenarios, particularly in life-saving operations.

BrainChip continues to reaffirm its leadership in Edge AI solutions, promoting the integration of its Akida processor across several applications while prioritizing energy efficiency and operational effectiveness. This strategic partnership with ARQUIMEA not only showcases the potential of neuromorphic AI but also highlights BrainChip's commitment to leveraging cutting-edge technology for impactful societal benefits.

MWN-AI** Analysis

BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF) is making significant strides in the market with its innovative AI technology, particularly through its recent partnership with ARQUIMEA. This collaboration focuses on enhancing search and rescue operations, showcasing the practical applications of BrainChip’s neuromorphic AI, Akida. By enabling drones to detect distressed swimmers and surfers with unprecedented efficiency, BrainChip is positioning itself as a vital player in safety technology.

Given current trends emphasizing the integration of AI in real-world applications, investors may find BrainChip an attractive opportunity. The unique characteristics of the Akida processor, which mimics the human brain, allow for rapid data processing without the need for cloud dependency. This independence not only reduces latency but also enhances data privacy and security—key concerns in today's digital landscape.

BrainChip's advantages over traditional frame-based computer vision solutions cannot be understated. The faster detection capabilities, lower computational requirements, and reduced power consumption offer a competitive edge in applications beyond search and rescue, including connected vehicles and industrial IoT. The efficiency and lower costs will likely attract businesses looking to adopt sophisticated AI solutions without hefty infrastructure investments.

Moreover, as Lifeguards stretch their resources across expansive coastlines, the demand for effective, scalable technologies like those supported by BrainChip is only set to increase. This growing need aligns well with the company's intent to integrate its technology in various sectors.

In conclusion, for investors considering entry into the tech market, BrainChip presents a compelling narrative. Its cutting-edge capabilities, partnered with a focus on practical applications, mark it as a forward-thinking investment, particularly as societal demands for innovation in safety and efficiency continue to rise.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

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, today announced that it has partnered with ARQUIMEA on an AI-powered detection solution that enhances water safety.

ARQUIMEA has demonstrated BrainChip’s Akida with a Prophesee event-based Metavision ® camera on a low-power drone to detect distressed swimmers and surfers, helping lifeguards scale their services for large beach areas. The integration allows vision data to be processed directly by Akida without the need for conversion into traditional frame-based formats as required of conventional computer-vision algorithms.

“As dedicated and proficient as lifeguards are, there is no possible way for them to keep track of each and every beachgoer enjoying the ocean across miles of coastline,” said Miguel Lopez Estevez, Head of Robotics ARQUIMEA. “By demonstrating a system of drones with intelligence built in that can quickly and accurately identify people in the water who may be in distress, we aim to improve our search and rescue capabilities and proactively save lives that might otherwise have escaped detection.”

BrainChip’s Akida mimics the human brain to analyze only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision and economy of energy. Keeping AI/ML local to the chip, independent of the cloud, also dramatically reduces latency. Compared to conventional frame-based camera solutions using CNNs, BrainChip’s event-based vision solutions provide benefits of faster detection, lower computations, better tracking, lower power and cost, and lower memory requirements.

“The objective of event-based vision solution providers has long been a way to achieve faster and more accurate object detection with substantially fewer memory and computation requirements,” said Jonathan Tapson, Chief Development Officer of BrainChip. “BrainChip’s Akida, working in conjunction with Prophesee’s event-based vision systems, provides the ability to compute drone data efficiently, reducing latency for faster detection and minimizing demands on power to provide companies like ARQUIMEA with advantages that have previously been unavailable. We are proud to have our IP leveraged in such an important life-and-death application.”

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 TM , 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 .

Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc

Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006

About ARQUIMEA :

ARQUIMEA is a Spanish technology company with a global presence, dedicated to developing and delivering innovative solutions in highly demanding sectors such as aerospace, defense, and fintech. With research, development, and innovation at the core of its identity, ARQUIMEA believes in the transformative power of technology to drive societal progress. The company creates cutting-edge technologies and turns them into real-world products and solutions that generate impact across the industries it serves.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250416985472/en/

BrainChip Media Contact:
Mark Smith
JPR Communications
818-398-1424

Investor Relations:
Tony Dawe
Director, Global Investor Relations
tdawe@brainchip.com

ARQUIMEA Media Contact
Inés García Lartategui
+34 603 55 70 26

FAQ**

How does the partnership between BrainChip Holdings Ltd and ARQUIMEA enhance water safety solutions specifically, and what role does BrainChip Holdings Ltd ADR (Sponsored) BCHPY’s Akida chip play in this integration?

The partnership between BrainChip Holdings Ltd and ARQUIMEA enhances water safety solutions by utilizing BrainChip's Akida chip for advanced real-time data processing and AI capabilities, enabling more accurate detection of contaminants and improved monitoring systems in water management.

Considering BrainChip Holdings Ltd’s focus on edge AI processing, what advantages does the Akida chip offer over traditional cloud-based solutions for responding to water safety emergencies, especially in the context of ARQUIMEA’s applications?

The Akida chip enhances water safety emergency responses by enabling real-time, low-latency AI processing at the edge, minimizing reliance on cloud connectivity, and allowing for immediate decision-making and action in ARQUIMEA’s applications.

In what ways does the event-based vision technology of BrainChip Holdings Ltd, specifically the Akida processor, reduce latency and power requirements in AI applications such as ARQUIMEA's water safety drone systems, when compared to conventional methods?

BrainChip's Akida processor utilizes event-based vision technology to process data in real-time by only reacting to changes in stimuli, thereby significantly reducing latency and power consumption compared to conventional AI methods that require constant data processing.

Given the potential of BrainChip Holdings Ltd ADR (Sponsored) BCHPY’s technology in critical applications like search and rescue, how does the company's innovation strategy align with expanding its market presence in areas beyond just AI and industrial IoT?

BrainChip Holdings Ltd's innovation strategy emphasizes versatile neuromorphic computing technology, which positions it to enhance market presence in diverse sectors such as search and rescue, healthcare, and smart cities, expanding its impact beyond traditional AI and industrial IoT.

**MWN-AI FAQ is based on asking OpenAI questions about Brainchip Holdings Ltd ADR (Sponsored) (OTC: BCHPY).

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