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Pin to quick picksSeeing Machines Share News (SEE)

Share Price Information for Seeing Machines (SEE)

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Seeing Machines launches latest EU-compliant driver monitoring system

Tue, 09th Jan 2024 11:25

(Alliance News) - Seeing Machines Ltd on Tuesday unveiled its latest AI-powered driver monitoring system, in line with new regulations on vehicle safety.

The Canberra-based vision monitoring technology company said that the newest edition of its "world-leading" monitoring system includes drowsiness detection and eye-tracking to prevent distraction-induced driving risks.

Updates to the Guardian system, which is already connected to around 54,000 vehicles, will deliver "premium performance in the most demanding real-world driving conditions", the group said.

Guardian Generation 3, displayed on Tuesday at the Las Vegas 2024 Consumer Electronics Show, has been independently verified to meet the European Commission regulations for drowsiness detection, required on all new vehicles from July 2024.

Seeing Machines noted that the technology offers "compliance certainty" for manufacturers, allowing them to implement the technology at their own factories or after manufacturing.

Chief Executive Officer Paul McGlone said: "Regulation continues to drive demand for all of our DMS technology, and I am very pleased to see that we have successfully launched the next generation of our Guardian solution for commercial transport and logistics companies as well as commercial vehicle manufacturers".

Seeing Machines share were up 1.7% at 5.41 pence each in London on Tuesday morning.

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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21 Apr 2022 11:38

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Seeing Machines trading in line as losses narrow

(Sharecast News) - Driver monitoring technology company Seeing Machines reported operational revenue growth of 19.4% on Wednesday, to reach AUD 21.7m (£12.42m) in its first half.

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Seeing Machines to install pilot monitoring in Australian air ambulances

(Sharecast News) - Driver monitoring technology company Seeing Machines announced on Thursday that it will deliver an eye-tracking solution to Air Ambulance Victoria to reduce the risk of pilot fatigue across its operations.

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23 Feb 2022 19:06

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23 Feb 2022 10:29

Seeing Machines revenue rises as it renews technology focus

(Sharecast News) - Driver monitoring technology company Seeing Machines said in a trading update on Wednesday that it was expecting to report first-half revenue of AUD 21.7m (£11.61m), representing a year-on-year improvement of 19.4%, and an underlying growth rate of 24.6%.

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24 Jan 2022 10:31

Seeing Machines upbeat on new US industry guidelines

(Sharecast News) - Driver monitoring technology company Seeing Machines responded to the United States Insurance Institute for Highway Safety (IIHS) on Monday, after the latter released new safeguard ratings for partial automation on 20 January.

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6 Jan 2022 16:48

IN BRIEF: Seeing Machines enters product collaboration with Ambarella

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6 Jan 2022 11:52

Seeing Machines launches partnership with AI firm Ambrella

(Sharecast News) - Driver monitoring technology company Seeing Machines announced a collaboration with artificial intelligence (AI) silicon company Ambarella on Thursday, to bring integrated advanced driver assistance system (ADAS) and occupant and driver monitoring system (OMS and DMS) products to market.

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Seeing Machines shares up on OmniVision product launch in second half

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16 Dec 2021 21:56

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16 Dec 2021 12:46

Seeing Machines wins contract with large German carmaker

(Sharecast News) - Driver monitoring technology company Seeing Machines announced on Thursday that it has been appointed by an existing global automotive tier-1 supplier customer to deliver its 'FOVIO' driver and occupant monitoring system (DOMS).

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