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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: 5.22
Bid: 5.22
Ask: 5.30
Change: -0.08 (-1.51%)
Spread: 0.08 (1.533%)
Open: 5.25
High: 5.49
Low: 5.18
Prev. Close: 5.30
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Seeing Machines Partners With BMW To Improve Car Driver Safety

Wed, 08th Jan 2020 11:32

(Alliance News) - Seeing Machines Ltd on Wednesday said it has agreed to integrate its FOVIO driver monitoring technology into BMW Group AG's i Interaction EASE.

Seeing Machines said FOVIO uses advanced machine vision technology to precisely measure and analyse head pose, eyelid movements and eye gaze under a full spectrum of lighting conditions, including through sunglasses.

The BMW i Interaction EASE leverages Seeing Machines' technology as a component of its human-machine interface concept, visualised through a head-up display.

"BMW has continuously made passenger safety a priority. Seeing Machines is delighted to continue our partnership with the original equipment manufacturer as we drive improved safety across the industry with innovative driver monitoring technology," said Seeing Machines Chief Executive Paul McGlone.

Seeing Machines shares were trading 2.0% higher in London on Wednesday at 5.20 pence each, while BMW shares were down 0.5% in Frankfurt at EUR73.83 each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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11 Nov 2022 11:39

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Seeing Machines revenue, profits rise in year-end results

(Sharecast News) - Driver monitoring technology developer Seeing Machines reported a 15% improvement in revenue in its year-end results on Thursday, to AUD 54.4m (£30.25m).

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6 Oct 2022 12:22

Seeing Machines signs Magna exclusivity agreement for rearview mirror

(Alliance News) - Seeing Machines Ltd on Thursday said it has signed a deal with Magna International Inc, which includes a USD65 million investment through an exclusivity arrangement and convertible note.

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6 Oct 2022 11:55

Seeing Machines inks deal with Magna, receives cash injection

(Sharecast News) - Driver monitoring and transport safety technology company Seeing Machines announced an exclusive collaboration agreement with Magna International on Thursday.

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15 Aug 2022 15:10

Seeing Machines expects significant growth across its divisions

(Alliance News) - Seeing Machines Ltd on Monday announced significant growth in revenue and its order book, as well as a deal to grow its aviation business.

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15 Aug 2022 08:24

Seeing Machines FY revenues in line, cash position beats guidance

(Sharecast News) - Technology company Seeing Machines said on Monday that full-year revenues were in line with expectations and that the group's cash position had bested forecasts.

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Seeing Machines appointed to new automotive programme

(Sharecast News) - Driver monitoring technology company Seeing Machines has been appointed by an existing global automotive tier-1 customer, it announced on Thursday, to deliver its 'FOVIO' driver monitoring system (DMS) for a large global automotive group.

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10 May 2022 09:50

Seeing Machines inks its first Japanese carmaker deal

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9 May 2022 15:01

Seeing Machines acquires AUD5 million license for optical technology

(Alliance News) - Seeing Machines Ltd on Monday said it has acquired a world-wide exclusive licence to use an optical technology.

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Seeing Machines inks IP deal with unnamed tech startup

(Sharecast News) - Driver monitoring technology company Seeing Machines announced a strategic collaboration with a technology startup that specialises in image-sensor and optical systems design on Monday, to create an expected "step-change" in the performance of cabin-monitoring technology.

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