BrainChip Holdings strengthens sales in Europe and US

Company News

by Rachael Jones

Neuromorphic computing company BrainChip Holdings (ASX:BRN), reports the company ended the December quarter with US$7.5 million in cash.

Sales engagements in the quarter included 26 active or pending trials with end-users and original equipment manufacturers (OEMs).

The Company has strengthened its sales and reseller presence in both Europe and North America.

Also during the December 2018 quarter it strengthened its property protection with the filing of an omnibus provisional US patent application with the United States Patent and Trademark Office (USPTO).

Shares in BrainChip Holdings (ASX:BRN) closed 2.15 per cent lower to $0.09.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.