The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
They announced the Magna deal a day before the town hall meeting so they had something to talk about.
The fact that Collins are meant to be presenting there makes me hopeful an aviation licence deal will be announced on Monday or Tuesday.
Nope if it is Volvo as I expect then it's 150,000 units a year that we won't be in which is about 10% of European trucks we won't be in.
It's also a precedent that others might follow suit.
It oem's are fitting this rather than our fleet product with monitoring then it does decrease the addressable market unfortunately.
Looks like it's confirmed
Seeing Machines will hold a Capital Markets Event for institutional investors and sell-side analysts on Wednesday 8 March 2023 in New York. Presentations from Seeing Machines' executive leadership team will outline the Group's strategy, competitive advantages, growth opportunities and -financial targets
I totally agree. However they have to work with others. Otherwise what happens if one of their competitors buys us? They have to have a back up.
Their own DMS could be licensing our (or a competitors) software on their chip as a license deal. I very much doubt they're starting completely from scratch.