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It's the 3rd deadline though. And it's launched but not available till April.

Customers can't say no to having DMS fitted and go elsewhere after delivery. It has to have a DMS system fitted on delivery.

Oem's might have multiple options for purchasers at order though.

Seeing Machines at x price with the option to have monitoring.

Smarteye or Cipia with no ongoing monitoring.

I would hope we have explained the benefits of monitoring to the oem's and they're actively pushing this. Maybe we're giving them a percentage of the ongoing monitoring if customers sign up. Or giving them a hefty discount on the unit cost if someone takes up monitoring. That incentives them to push our total solution.

I think these are mainly bus/coach manufacturers and I expect the monitoring percentage of this segment to be one of the highest in this space.

People are the most precious cargo.

Who knows maybe Royal Beuk will have guardian installed.

I agree aftermarket is massive with ongoing monitoring revenue.

My main concern is that in future if a vehicle has competitor DMS system installed at delivery will fleets pay us to have a 2nd device just so they can do monitoring?

It's why it's imperative imo that we're in as many units as possible when they leave the factory.

This contract isn't for 3,000 this year though. It's 3,000 on an annualised basis. We've got 7 maybe 8 months of supply this year so somewhere between 2,000 and 2,500 at best I expect.

3,000 per annum is a paltry figure.

We've had at least 3 people working on the sales side for nearly 2 years.

I expect it's mainly low volume bus/coach business.

If I had to guess it's 3 out of these 5.

Solaris, Wrightbus, Switch mobility, Ebusco Dennis eagle.

There's loads of alternatives to SEE out there. This paltry start doesn't fill me with huge confident we'll take huge market share.

Maybe we are just aiming for the 10% mooted in October, which is a shame as a year earlier they were saying we were the only game in town.

I think we've been so slow we've lost our first mover advantage.

3,000 a year isn't that great in reality. Let's hope it's the start of much more.

Great news. Just need to hope the contracts will follow.

Absolute rubbish. The board might very well be in a closed period.

If they are they shouldn't be giving out information to people who phone up.

The only reliable information we can go on is what directors have said openly in the past. And time after time after time they've failed to meet their targets.

I agree to a certain extent, but the tangible progress always seems to be a lot slower than indicated..

Gen3 was going to launch first half of CY 2023 at the town hall meeting. A month later it was put back to just CY2023. Then in October it was going to be launched at CES with deliveries expected from March/April.

A similar story with the aviation license deal. We finally got it over the line, a lot later than indicated and we're still waiting for a first big order that was mooted in the Italian job. In fact they now are only expecting $5m of revenue for the division in 2026.

Same with automotive, we seem to be waiting forever for the promised pipeline to be converted into contracts.

I still think we'll get some really big ones in the mirror, but it is taking a frustratingly long time.

I believe in the company. However they are not very good at sticking to stated timelines so until contracts are signed and launches announced there will always be some trepidation.

Paul was pretty much mocking Smarteye as a competitor (I think in the Italian job video) as their market cap was 40% of ours. It's currently about the same and they've announced significantly more wins over the last year or so.

I still think SEE will be the better investment, but we really need to start showing it with a successful gen3 launch and some more oem contract wins.

Guardian gen3 has been postponed already it's one of the main growth opportunities for the company imo.

They've mentioned it will be launched at CES so would have expected a mention in their preview of the event.

Fingers crossed we get something on it in the next few days.

No mention of Guardian gen3 in the rns. Hopefully that will follow in the coming days.

The previous extension was until the 8th of December. They issued an rns with the new extension on the 11th of December so I expect we'll get another extension rns in a day or two.

All hugely over optimistic I expect as you ban people who don't agree with you.

Yes Jurisdiction is a lot better at Phoenix and that along with the resource is why I'm invested.

Communication has been appaling over the last 2 years though and I'm just pointing out that Paul shouldn't disparage other companies poor communications when PXC are just as bad imo.

As for the £3 party I'm not bothered about not being invited. I'm actually hoping for £5 plus over the next 3 to 5 years, but it all hinges on financing.

Hypocritical much?

https://twitter.com/DonaldPond6/status/1736779631951274005?t=amDR0su8Cjbh8bAAfKVO-Q&s=19

You're both pretty useless at it.