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Seeing Machines excites investors as it benefits from driver monitoring legislation

In an interview with Paul McGlone, recently made Chief Executive of Seeing Machines Limited, he explains how the face monitoring tech company is excited to be moving from R&D to delivery. 'Over a hundred investors, including institutions and private investors attended our Capital Markets Day here in London, far exceeding our expectations' said McGlone.

He went on to tell London South East he expects a significant reduction in the cost of its Guardian commercial vehicle fatigue monitor to have a material impact on cashflow. Automotive, meanwhile, has seen a new chip supply deal for its Fovio system, which will also simplify supply lines. And Aviation, the third division, is seeing increased demand from simulator groups, airlines and flight controllers, a potentially large market. The focus now is delivery in Automotive and expansion in Fleet/ Commercial Vehicles and Aviation.

What's Hot from Nov 11 2019 #GRG #EXPN #BLND #BRBY #CARD #SEE #FUTR

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