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Seeing Machines Ltd - computer vision technology company headquartered in London - Announces it will work with Qualcomm Technologies Inc to design a driver monitoring system solution, using Seeing Machines' driver and full cabin monitoring technologies for Qualcomm's Snapdragon Automotive Cockpit platforms and for its Snapdragon Ride platform. Says this partnership will "further optimise" its technology stack for the Snapdragon Automotive Cockpit platform architecture and its acceleration hardware for automakers and Tier-1 suppliers.
"Our path to integration with Qualcomm Technologies' Snapdragon Automotive platforms has been designed to leverage our unique systems knowledge and safety focus in a way that supports complete flexibility for Tier-1s and original equipment manufacturer customers as safety and convenience features become more expansive and complex across high volume and diverse vehicle platforms. We expect this engagement to deliver significant incremental volume on top of our existing business plan," says Chief Executive Paul McGlone.
Current stock price: 12.99 pence, up 12% on Wednesday
Year-to-date change: up 86%
By Zoe Wickens; zoewickens@alliancenews.com
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