This means they use Spiking Neural Networks. It’s a software algorithm that most likely doesn’t work as well as regular NNs.
I feel like SNNs are like Brazil - they are the future, and shall remain so. I think more basic research is needed for them to mature. AFAIK the current SOTA is to train them with 'surrogate gradients', which shoe-horn them into the current NN training paradigm, and that sort of discards some of their worth. Have biologically-inspired learning rules, like STDP, _really_ been exhausted?
p.s. People interested in biologically inspired data processing algorithms should look at Numenta's papers (earlier ones, because recently they switched to regular deep learning), and especially learn their justification for not using spikes.