Seeing Machines Ltd - computer vision technology company headquartered in London - Expanding its automotive driver monitoring system into an overall vehicle interior-occupant monitoring system. The expanded offering will be available for automotive production programs starting as early as 2023, the company said. Seeing Machines estimates that its entry into OMS opens an incremental market opportunity, worth up to a total of AUD1.5 billion, about USD1.08 billion, through to 2030, with an estimated incremental revenue opportunity for the company exceeding AUD350 million.
Current stock price: 4.70 pence
Year-to-date change: down 5.6%
By Paul McGowan; paulmcgowan@alliancenews.com
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Seeing Machines (SEE)