BrainChip Partners with RTX’s Raytheon for AFRL Radar Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Source: Businesswire
Partnership Announcement: BrainChip Holdings Ltd has partnered with Raytheon Company to fulfill a $1.8M contract from the Air Force Research Laboratory focused on neuromorphic radar signaling processing, specifically micro-Doppler signature analysis.
Technological Innovation: BrainChip's Akida™ processor offers a low-power solution for edge devices, enhancing radar processing capabilities in power-constrained military systems, thereby improving efficiency and performance in critical applications.
Analyst Views on BRN
About BRN
Barnwell Industries, Inc. and its subsidiaries are principally engaged in oil and natural gas and land investment activities. The Company’s oil and natural gas segment is engaged in acquiring, developing, producing and selling oil and natural gas in Canada and the United States. Its land investment segment is engaged in leasehold land interests in Hawaii. In addition, the Company, through its wholly owned subsidiaries, involved in several non-operated oil and natural gas investments in Oklahoma and Texas. The Company’s core Canadian asset is located at Twining, Alberta, about 70 miles northeast of Calgary and encompasses 16,000 net acres. Its subsidiary, BOK Drilling, LLC, has a minority non-operated interest in seven wells in Oklahoma. Its subsidiary, Barnwell Texas, LLC, has a minority non-operated interest in two wells in Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
