BrainChip and Circle8 Clean Technologies/AVID Group Work to Reduce and Recycle Waste Through Joint Development of Intelligent ‘Smart Bins’
10 Octobre 2023 - 11:00PM
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 IP, today announced that it
has entered into a strategic partnership with Circle8 Clean
Technologies and AVID Group to develop “Smart Bins” that can
automatically sort and recycle different types of waste through a
combination of AI-powered sensors and robotics.
The collaboration leverages BrainChip’s neuromorphic processor
technology and AVID Group’s engineering expertise to create
intelligent waste receptacles that can sort materials such as
plastic, metal, and glass to help reduce the environmental impact
of disposal, especially reducing landfill and minimizing ocean
pollution. The goal extends to increasing the recycling rates at
the same time, lowering the costs of waste management and
recycling. Additionally, the smart bins will provide valuable data
and insights into waste generation and consumption patterns, which
can be used to improve refuse reduction and identify mitigation
strategies.
“We are delighted to work with BrainChip to develop intelligent
smart bins addressing our next generation global initiative,” said
Mark Grogan, Managing Director, Circle8 Clean Technologies. “As a
company that is committed to environmental sustainability and
social responsibility, we are always looking for innovative ways to
reduce our environmental footprint and enhance our community
engagement. There are potentially millions of bins worldwide that
we believe can be and should be upgraded with advanced intelligence
to help all of us achieve the goal of making waste management and,
more importantly, plastic recycling more convenient, efficient, and
eco-friendly.”
The collaboration between BrainChip, Circle8 Clean Technologies
and AVID Group is part of a larger initiative to create smart
cities that use AI and IoT technologies to enhance the quality of
life, efficiency of services and sustainability of urban
environments. The jointly created smart bins will first be
available to municipalities in Australia before expanding into
additional locations worldwide.
“We are extremely excited to partner with the Circle8 and AVID
Group to apply our neuromorphic processor technology to the
challenge of sustainable waste management,” said Rob Telson, VP
Ecosystems and Partnerships at BrainChip. “Akida™ is ideal for Edge
AI applications that require cost-effective, ultra-low power,
intelligent, real-time processing. At BrainChip, we see a global
opportunity to enable innovative solutions that radically improve
recycling and waste management, more effectively and intelligently
than ever before.”
About Circle8 Clean Technologies
Circle8 is an Australian Waste Tech company, whose mission is to
provide enhanced processes to democratize and engage society in the
recycling mission. Reward the participation and provide convenience
in the mission journey for a time poverty society, that is a
growing feature in not achieving the global goal as quickly as is
required. As a company we are focused on Ocean Waste reduction,
Landfill reduction and reduction in the production of Virgin
Plastic through our Smart Bin Technology to further increase
plastic recycling.
About AVID Group
AVID EPG Group is an Australian company providing electrical
contracting services that focuses on electrical design, servicing
of electrical assets, assembly of low voltage switchboards (Motor
control centers), assembly and wiring of high voltage switchgear of
trusted global brands. It also features a team that tests
protection relays, installation, and commissioning services to a
wide range of industries especially in mining, oil, and gas and
heavy industrial. AVID Group remains committed to maintaining a
high level of quality, flexibility, and expertise to help achieve
the best energy and power solutions to customers’ business needs.
www.avidgroup.com.au
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™, 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
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version on businesswire.com: https://www.businesswire.com/news/home/20231010615937/en/
Media Contact: Mark Smith JPR Communications
818-398-1424
Investor Contact: Tony Dawe Director, Global Investor
Relations BrainChip tdawe@brainchip.com
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