BrainChip Holdings Ltd (ASX: BRN) received the first 2,000 units of its AKD1500 neuromorphic processor. This delivery marks the start of commercial-scale production for the company. The initial batch belongs to a larger planned run of approximately 60,000 units. Management noted that initial production yields were slightly lower than expected.
The company is now shifting from pre-production to supplying commercial-grade processors for customer deployment. Commercial shipments are scheduled to begin in the second half of 2026. BrainChip is targeting the defense, industrial, and edge AI sectors with these processors. The company reported a cash balance of $20.3 million in its latest quarterly update.