Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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This stock has had more director buys over the last two years than any stock I have ever been involved in. It’s done sweet FA for the SP and will continue to be that way. Brown (Lombard) owns over 15% of the company so wanting him to buy more is ridiculous.
The company keeps delivering. It will continue to do so. In FY26 it will be churning out 10’s of millions in profit, 2 years after that in excess if 100m profit.
If you have done your research you don’t need to want directors to keep buying, and you are delusional if you think it will support the price or otherwise.
I would have liked other directors buying to support the growth story. PMG & Martin have been active which is postive.
But Lombard odier (M. Brown) have been quiet for some time & Kate Hill not bought either.
Anything to give support to the share price would be greatly appreciated as this has to look undervalued to them surely.
No, I mean an expansion to that one. Like the expansion to Ford one we had last week.
Chutzpah said 7m vehicles per annum. which would nearly account for the initial lifetime value in just over 1 year if basing it on $10 per car. So, in my opinion, 7m vehicles a year for the life cycle of the models would be a bigger increase in order value than the (assumed) Ford one and so would also warrant an expansion RNS.
Not sure what your posts are getting at?
After ships hitting bridges Iam sure operators are looking at lots of safety systems for the future....
Interesting what Colin said. Wonder how many units are in intial order? I presume mixture of demand and wanting to get rid of Gen 2 stock 1st. Be interesting see what happens with Aug TPIs but the November TPIs should be juicy with OEMs buying on top of Fleets.
Initial deliveries for Gen. 3 will be to meet "after manufacture" supply for European truck makers. This is where the truck is made as it rolls down the assembly line, with specialist hardware added at the end of production but before leaving the factory. Firstly this will be to comply with #GSR guidelines for drowsy driving, but later comes detection for distraction. Evidently there are also new protocols about to be introduced by Euro NCAP which European trucks will need to comply with. We will know more next week, but it follows that a slew of contracts will follow from truck makers once the tests are published and requirements are known.
Seeing Machines has offered Guardian for almost a decade, typically to detect #distracted and #drowsy driving and provide real-time alerts. What looks new in Gen. 3 is the ability for Seeing Machines to update the #algorithms over the air #OTA via the 4G modem. This way the product can be upgraded with through-life updates, as new features are developed or as new requirements come into force (for GSR or Euro NCAP). This business model of continuous updates would serve to future-proof the initial outlay of the cost of the hardware by the fleet operator, and appears more flexible than embedding the #driver #monitoring #system into the truck, such as in the instrument cluster or on the steering column as seen in the automotive sector.
SYSTEM FOR TRAINING AND VALIDATING VEHICULAR OCCUPANT MONITORING SYSTEM
A method for training a vehicular occupant monitoring system includes accessing a frame image data captured by a camera disposed at a vehicle and viewing an occupant present in the vehicle. A first artificial visual characteristic for the occupant is generated. A first modified frame of image data is generated that includes the accessed frame with the first artificial visual characteristic overlaying a first portion of the occupant. A second artificial visual characteristic is generated for the occupant. The second artificial visual characteristic is different than the first artificial visual characteristic. A second modified frame of image data is generated that includes the accessed frame with the second v artificial visual characteristic overlaying a second portion of the occupant. The vehicular occupant monitoring system is trained using the first modified frame of image data and the second modified frame of image data.
https://worldwide.espacenet.com/publicationDetails/description?CC=US&NR=2024144658A1&KC=A1&FT=D&ND=3&date=20240502&DB=&locale=en_EP
Oh you mean this one....
"This contract win is with a leading German Automaker and brings the total OEMs with which Seeing Machines has won business to eight. This program covers an expansive number of vehicle models with mass production scheduled from early 2024 and an initial lifetime value of A$125 million."
Innovations in Ports and Maritime Operations
Guardian SEA
May 10, 2024
Maritime transportation presents a unique set of challenges where vessel maneuvering and crew safety are important, particularly in port operations. Ensuring the safety and efficiency of maritime operations necessitates innovative solutions that address the high fatigue rates among crew members and the high accident frequency encountered in the marine environment. Traditional solutions often fall short in meeting the specific demands of this setting, leaving a gap that Guardian aims to fill.
The Challenge of Fatigue in Port Operations
In port operations, where there is a high demand for efficiency, fatigue among crew members poses a significant risk. High fatigue rates compromise crew safety and impact overall operational efficiency. Addressing this challenge requires proactive interventions tailored to the unique demands of the maritime environment.
High Fatigue Rates
One of the primary challenges in maritime operations is the prevalence of high fatigue rates among crew members. Fatigue not only poses risks to crew safety but also undermines operational efficiency. Guardian recognized the urgent need to address this issue and developed a solution to combat fatigue-related risks in real-time.
High Accident Rate
The marine environment is inherently dynamic and unforgiving, leading to a higher-than-desirable frequency of accidents. These accidents jeopardize employee safety and result in costly disruptions to operations. Guardian’s solution aims to reduce accident rates by mitigating fatigue among crew members, thus enhancing overall safety and operational continuity.
https://guardiansea.com/innovations-ports-maritime-operations/
Like that one but for a German automaker rather than a North American.
"I hope we get an RNS saying something similar!"
Something like this....
"The initial program, already in production, will expand to a total of 19 distinct vehicle models being sold in North America, Europe and China, and extend through 2032 based on the OEM's next generation Driver Monitoring System (DMS) solution utilising Seeing Machines' improved FOVIO Chip design delivering increased feature capability with reduced cost, power and size."
Https://incabin.com/blog/key-challenges-of-driver-impairment-with-caroline-chung-engineering-manager-at-magna/?utm_campaign=ICUSA24&utm_medium=email&_hsenc=p2ANqtz-8VIQAIg8lhL1C4F0BWIC0Y62Z6XiBCimSoRNN5wCW2l8wpbZuEaQerv170jPqT9xauhpkhBSkCmgqKYewZl2TUaVsppw&_hsmi=305128389&utm_content=305128389&utm_source=hs_email
I repost this link to another Magna interview.
imo, very very interesting. This interview sets out the bull case for SEE's tech i.e. highly valuable added value applications. Explains why Magna spent 6 years perfecting the RVM system. If Magna are correct then of course SEE's shares have mega potential.
The bear case, imo, is that Magna are wrong and that the tech that wins is more as per SEYE's cheap & cheerful, low R&D lo price software - in which case the outlook on Fovio & SEYE would be far more earthbound.
I am in the Magna camp [always have been hence my investment]. I also think you have to see what G3 does post June before writing off that mega potential [+ Aviation looks very lovely for the long termers]
I hope we get an RNS saying something similar!
"Magna said a German automaker — it wouldn't say which one — has recently begun using its system for cars sold in Europe and China, and it expects its technology will hit the North American market in 2025."
VW's total Europe & China sales in 2023 were 7 million cars. Is VW really fitting the Magna mirror to all the Europe & China production? ? That would amount to 7m approx licences pa for SEE from this alone if they are fitted to all production!
SYSTEM AND METHOD FOR EYE-GAZE DIRECTION-BASED PRE-TRAINING OF NEURAL NETWORKS
A method of training a disparity estimation network. The method includes obtaining an eye-gaze dataset having first images with at least one gaze direction associated with each of the first images. A gaze prediction neural network is trained based on the eye-gaze dataset to develop a model trained to provide a gaze prediction for an external image. A depth database is obtained that includes second images having depth information associated with each of the second images. A disparity estimation neural network for object detection is trained based on an output from the gaze prediction neural network and an output from the depth database.
https://worldwide.espacenet.com/publicationDetails/biblio?II=4&ND=3&adjacent=true&locale=en_EP&FT=D&date=20240502&CC=US&NR=2024143074A1&KC=A1
https://www.freepatentsonline.com/20240143074.pdf
Https://eu.detroitnews.com/story/business/autos/2024/05/08/cameras-that-watch-driver-spot-problems-could-be-common-in-5-years/73597729007/
Magna International Inc., the Canada-based auto supplier with its U.S. headquarters in Troy, took several years to develop a driver and passenger-monitoring infrared camera and electronics system that's hidden inside the mirror.
"The problem we're trying to solve is distracted driving," said Nathan Pastoor, a global product manager for the company.
ADAS Market worth 655 million Units by 2030
Pratik D | 10 May 2024
https://www.linkedin.com/pulse/adas-market-worth-655-million-units-2030-pratik-d-3owmf
Just proved how good SM really are. Well done everyone at SM.
https://twitter.com/i/redirect?url=https%3A%2F%2Ftwitter.com%2Fseeingmachines%2Fstatus%2F1788433758686724383%3Fcxt%3DHBwWvoS2reXB5dExAAAA%26cn%3DZmxleGlibGVfcmVjcw%253D%253D%26refsrc%3Demail&t=1+1715292211217&cn=ZmxleGlibGVfcmVjcw%3D%3D&sig=9fa5e227ca58b4322012bbf02cfd6e7c70e973f5&iid=660440169d834035a7db231219a26b28&uid=2766184364&nid=244+272699392
Nathon,
I seem to remember during one of the company presentations that they indicated the aviation market opportunity to be worth 30m a year. No idea what that came to per plane.
I didn't take a lot of notice, as I was expecting auto to be doing 300m a year by the time we reached that
Point. So saw it as nice to have but small in overall scheme of things.
There was a 1.5 million trade late reported timed at 08:59 @ 5.23p
Exciting Times Ahead
Car Magazine recently tested BMW Group's Personal Pilot L3, now available as an option on the new 7-series in Germany.
Our Innoviz #LiDAR technology enables this advanced #Autonomous feature, offering drivers a glimpse into the future of mobility. Experience the journey with us!
Read the full article here >> https://bit.ly/4bvxEWI
aviation. any insight into like revenue per aircraft we might achieve via collins?
my rough *** packet calls is that boeing and airbus roughly ship 1000 aircraft per year between then. the airlines would pick special so one can imagine any avionics add ons that collins pitch that utilise see tech wont penetrate this number fully. so are we looking at 4 figures per fitment, 5 figures, 6 figures? i can't see personally past 5 figures. a 737/a320 is roughly list price 100m but i guess these get discounted on volume so i reckon 7 figures is definitely out as that would be 1-2% of sale price. 6 figures would be top end for me and my realistically price low.mid 5 figures guess might develop into say 6mill usd based on 20k per fitment and 300 aircraft. i guess other factors that.need considering will be just commercial passenger flight jets, private jet market, freight jets and then military jets. i would imagine kit on flight deck must be replicated on simulators? would collins approach any military drone operatives, air traffic control or would that be product differentiation later on? would any data generated derive value for collins and see in a similar way to guardian monitoring??
similar revs to caterpillar in time or more? getting it right in aviation will lock down a lot of sales for a decent forward period.
this area could get super interesting but not for a decent while is my gut feel.
Euro NCAP - For Safer Cars, Vans & Trucks new #TruckSafe testing protocols will be released on Wednesday May 15. With great timing, Seeing Machines has announced its next-generation aftermarket Guardian Gen. 3 has started production. Seen in the picture, this product integrates the IR optical path, vision processor, and #4G modem all into a 1-box solution. That is an extraordinary feat of engineering, which balances the conflicts of small size (to not impede driver's view) with enough space to dissipate the heat of the active components. Intriguingly, Seeing Machines has used Ambarella Inc’s CV25 #AI #SoC for the processor. Ambarella is not often thought of as a supplier of #automotive processors, but has clearly won here over more established suppliers such TI, Renesas and NXP.
https://www.linkedin.com/feed/update/urn:li:activity:7194275383981035522?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7194275383981035522%29
Aye I know, it just looks a bit strange to see te volume figure jump without the trade there to explain it
Not been following trades but the MM's are permitted to late report trades under certain circumstances. If there is a difference this could be reported after hours, or even in the morning, I believe
Are we missing a large trade report today?
Buy volume jumped by 1.5m around 10.47 this morning but I cant see any trade to account for this. (admittedly im looking at ADVFN)
Also are we back in pre-KPI mode with lots of AT trades against the bid and the price gradually being moved lower? Smells like a large order being filled