Australia's Brainchip gains on $1.8 million contract with RTX
ReutersApr 2, 2025 2:32 AM
April 2 - Shares of Brainchip Holdings BRN.AX rise 3.8% to A$0.2075
Chip processor says it is partnering with Raytheon, an RTX RTX.N business
Partnership to service a contract for $1.8 million from the Air Force Research Laboratory on neuromorphic radar signaling
Stock rose as much as 6.3% earlier in the day, marking its biggest intraday gain since March 20
BRN down 48.7% YTD
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