The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSeeing Machines Share News (SEE)

Share Price Information for Seeing Machines (SEE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.75
Bid: 4.755
Ask: 4.83
Change: -0.20 (-4.04%)
Spread: 0.075 (1.577%)
Open: 4.85
High: 4.945
Low: 4.73
Prev. Close: 4.95
SEE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Seeing Machines technology launches on new GM cars

Thu, 17th Jun 2021 09:22

(Sharecast News) - Computer vision technology company Seeing Machines announced on Thursday that its driver monitoring system (DMS) software was now available across five additional vehicle models from global automotive manufacturers.
The AIM-traded firm said it had been working with Joyson Safety Systems since 2011 to integrate its software into the General Motors' 'Super Cruise' driver assistance feature.

That system, based on the company's 'FOVIO' embedded driver monitoring engine (e-DME) software, was now available in three new GM vehicle models including the 2021 Cadillac CT5, Cadillac CT4 and Chevrolet Bolt.

The start of production on those additional vehicle models from GM followed successful FOVIO e-DME software launches on the new Mercedes Benz S-Class and EQS sedans.

Seeing Machines said its DMS was now in production across nine individual vehicle models globally, and was set to launch on more than 30 distinct vehicle models by early 2023.

The company explained that its driver monitoring software measures the driver's head-pose, eyelid closure and precise eye-gaze direction under the full spectrum of automotive in-cabin lighting conditions, and supported a range of driver appearances, including operation with glasses and sunglasses.

High-performance driver monitoring was described by the firm as "vital" in supporting hands-free driving capabilities, where the DMS continuously monitors the driver's visual attention state and delivers information to the vehicle.

"It's great to see more cars on the road with Seeing Machines DMS technology, keeping people safe and enabling a range of advanced features," said chief executive officer Paul McGlone.

"As more and more models get to the start of production, featuring our industry-leading technology, we can expect to see our royalty revenue increase accordingly."

At 0904 BST, shares in Seeing Machines were up 3.35% at 9.82p.
More News
30 Nov 2020 14:53

UK EXECUTIVE CHANGE SUMMARY: Vesuvius Taps Former Ferguson, CRH Exec

UK EXECUTIVE CHANGE SUMMARY: Vesuvius Taps Former Ferguson, CRH Exec

Read more
23 Nov 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
2 Nov 2020 16:26

IN BRIEF: Seeing Machines Loss Widens But Confident In Outlook

IN BRIEF: Seeing Machines Loss Widens But Confident In Outlook

Read more
21 Oct 2020 19:34

IN BRIEF: Seeing Machines Inks Memorandum With L3Harris Technologies

IN BRIEF: Seeing Machines Inks Memorandum With L3Harris Technologies

Read more
21 Oct 2020 10:13

Seeing Machines signs new pilot training tech deal with L3Harris

(Sharecast News) - Computer vision technology company Seeing Machines has signed a non-binding memorandum of understanding with aerospace and defence technology company L3Harris Technologies, it announced on Wednesday.

Read more
12 Oct 2020 18:04

IN BRIEF: Seeing Machines Expands Current System To Occupant System

IN BRIEF: Seeing Machines Expands Current System To Occupant System

Read more
16 Sep 2020 22:14

UK TRADING UPDATE SUMMARY: Games Workshop Notes AGM Revolt Over Chair

UK TRADING UPDATE SUMMARY: Games Workshop Notes AGM Revolt Over Chair

Read more
16 Sep 2020 09:01

Seeing Machines gathers 5bn km of driving data

(Sharecast News) - Seeing Machines said its driver monitoring technology had amassed more than 5bn km of driving data to fuel its machine-learning technology.

Read more
14 Sep 2020 17:21

UK TRADING UPDATE SUMMARY: Henry Boot Unit In Voluntary Liquidation

UK TRADING UPDATE SUMMARY: Henry Boot Unit In Voluntary Liquidation

Read more
14 Sep 2020 11:15

Seeing Machines shares rise as it announces Qualcomm kit

(Sharecast News) - Computer vision technology company Seeing Machines announced plans to deliver a fully supported, integrated driver monitoring system kit to the global automotive industry on Monday.

Read more
8 Sep 2020 17:41

IN BRIEF: Seeing Machines Inks Memorandum With Semiconductor Firm

IN BRIEF: Seeing Machines Inks Memorandum With Semiconductor Firm

Read more
8 Sep 2020 11:10

Seeing Machines signs memorandum with unnamed semiconductor firm

(Sharecast News) - Computer vision technology company Seeing Machines has signed a memorandum of understanding with an unnamed semiconductor company, it announced on Tuesday, as formal terms of engagement are finalised to license its 'Occula' neural processing unit.

Read more
2 Sep 2020 21:34

IN BRIEF: Seeing Machines Announces Embedded Product Strategy

IN BRIEF: Seeing Machines Announces Embedded Product Strategy

Read more
3 Aug 2020 18:22

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

Read more
3 Aug 2020 10:14

Seeing Machines trades ahead of consensus guidance

(Sharecast News) - Computer vision technology group Seeing Machines said on Monday that it had traded ahead of consensus over the year ended 30 June.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.