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Pin to quick picksSeeing Machines Share News (SEE)

Share Price Information for Seeing Machines (SEE)

London Stock Exchange
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Share Price: 4.755
Bid: 4.71
Ask: 4.80
Change: 0.17 (3.71%)
Spread: 0.09 (1.911%)
Open: 4.50
High: 4.765
Low: 4.50
Prev. Close: 4.585
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IN BRIEF: Seeing Machines enters product collaboration with Ambarella

Thu, 06th Jan 2022 16:48

Seeing Machines Ltd - Canberra-based driver monitoring technology - Partners with AI vision silicon firm Ambarella Inc, which will see the company's occupant and driver monitoring systems to Ambarella's CV2x CVflow family of edge AI perception systems on chip.

The CV2x-based reference platform will provide vision processing and fusion of Seeing Machines' driver monitoring software with forward-facing advanced driver assistance to provide a complete solution.

"Ambarella has made significant advances in forward-facing sensing, with its recent Oculii radar technology acquisition and its collaborations in the algorithm space, to make this a really interesting opportunity for Seeing Machines," said Chief Executive Officer Paul McGlone.

"The Ambarella reference design platform, targeting the headliner location, is a key integration point for DMS/OMS technology in both the processing and sensor space. We are excited to work towards offering our e-DME targeting Ambarella's silicon and to also work closely on the fusion of our technology with companies focusing on external vehicle sensing," McGlone added.

Current stock price: 10.98 pence

Year-to-date change: up 50%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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