Roundtable Discussion; The Future of Mineral Sands. Watch the video 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: 4.755
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
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 Welcomes US Board Recommendation For Driver Monitoring

Wed, 20th Nov 2019 14:44

(Alliance News) - Seeing Machines Ltd on Wednesday said it welcomed US National Transportation Safety Board recommendations for "adequate monitoring of vehicle operator engagement".

The AIM-listed driver monitoring technology provider said the move follows initial findings from an investigation into a fatal collision between an Uber Technologies Inc automated test vehicle and a pedestrian in the US state of Arizona in March 2018.

The fatal accident sparked a detailed review, Seeing Machines said, as well as a broader review of the need for safety risk management for testing automated vehicles on public roads.

"While we recognise the absolute tragedy of the accident that occurred in Arizona last year, the findings and recommendations released in the NTSB report this week are welcome," said Chief Executive Paul McGlone.

He added: "Seeing Machines is well placed to provide a sophisticated and robust solution to keep drivers, passengers and pedestrians safe and we continue to negotiate with a number of companies who want to continue to advance technology, safely."

Seeing Machines shares were trading 3.6% higher in London on Wednesday afternoon at 4.35 pence each.

US National Transportation Safety Board Chair Robert Sumwalt on Tuesday said an investigation into the 2018 fatal crash involving a self-driving Uber car revealed "an ineffective safety culture" at the rideshare company.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

More News
26 Apr 2021 09:04

Seeing Machines wins contract with seventh tier-1 OEM

(Sharecast News) - Computer vision technology company Seeing Machines has been appointed by another global automotive tier-1 supplier to deliver its 'FOVIO' driver and occupant monitoring system technology, it announced on Monday, to an additional North America-based original equipment manufacturer (OEM).

Read more
31 Mar 2021 12:00

IN BRIEF: Seeing Machines reports sales growth, narrower loss in 2020

IN BRIEF: Seeing Machines reports sales growth, narrower loss in 2020

Read more
31 Mar 2021 09:59

Seeing Machines losses narrow as recurring revenues improve

(Sharecast News) - Computer vision technology company Seeing Machines reported operational revenue of AUD 18.1m (£10.01m) in its first half on Wednesday, up from AUD 15.8m a year earlier, reflecting comparative growth of 15% year-on-year.

Read more
24 Mar 2021 15:55

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
22 Mar 2021 14:04

IN BRIEF: Seeing Machines gets USD10 million for growth opportunities

IN BRIEF: Seeing Machines gets USD10 million for growth opportunities

Read more
1 Feb 2021 11:16

TRADING UPDATES: DX Group And BATM Expect To Beat Market Forecasts

TRADING UPDATES: DX Group And BATM Expect To Beat Market Forecasts

Read more
1 Feb 2021 09:35

Revenues rise at Seeing Machines, despite Covid hit

(Sharecast News) - Seeing Machines said on Monday that interim revenues were on course to rise by 15%, despite the impact of the Covid-19 pandemic.

Read more
27 Jan 2021 10:20

AIM WINNERS & LOSERS: Scapa Rises On GBP403 Million Takeover Offer

AIM WINNERS & LOSERS: Scapa Rises On GBP403 Million Takeover Offer

Read more
27 Jan 2021 10:01

IN BRIEF: Seeing Machines Partners With Qualcomm To Design New System

IN BRIEF: Seeing Machines Partners With Qualcomm To Design New System

Read more
6 Jan 2021 10:49

UK WINNERS & LOSERS SUMMARY: Greggs Tops 250s Despite Profit Caution

UK WINNERS & LOSERS SUMMARY: Greggs Tops 250s Despite Profit Caution

Read more
6 Jan 2021 10:48

Seeing Machines Signs License Agreement For Occula With OmniVision

Seeing Machines Signs License Agreement For Occula With OmniVision

Read more
6 Jan 2021 10:06

Seeing Machines executes licence agreement with OmniVision

(Sharecast News) - Computer vision technology company Seeing Machines has advanced its previously-announced memorandum of understanding with OmniVision Technologies, it said on Wednesday, to an executed licence agreement to license its 'Occula' neural processing unit (NPU).

Read more
22 Dec 2020 18:06

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

Read more
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

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.