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"My job as a safety driver is to act as the last line of defence. For example, in the case of an emergency, I would have to take back control of the vehicle immediately to ensure everyone's safety," he explains.

In terms of the upsides for a driver, he says that switching to autonomous mode can help combat stress and fatigue, as well as freeing up hands and feet for other tasks. He says it doesn't make his job boring, but rather more interesting.

When asked if he is worried that this technology may one day render his job obsolete, he says he doesn't know too much about this.

Https://www.bbc.co.uk/news/articles/c5ykel5dr62o

Tied into the credit facility that Kate mentioned?

Maybe?

Let’s hope they include DMS 😀

https://www.bbc.co.uk/sport/formula1/articles/cy8nzlwpn83o

Seeing Machines has today published its trading update for the financial year ending June 30, 2024. This follows publication of the 2Q report (Apr-Jun) by Smart Eye last week. Along with Cipia and Tobii, these four loss-making #DMS suppliers continue to face the same funding and operational hurdles:

1. Don't run out of cash.

2. Achieve profitability.

3. Continue to invest in an #innovation, #technology and #featureset roadmap to stay competitive.

(3) is vital for long-term survival; but delays profitability in (2); which increases risks of losing investor confidence and not having enough cash to survive (1).

So, cash is king. Not PR. Not "design wins." Cash. Companies do not die because they make a loss - they die because they run out of money. Which is why understanding that underneath the blizzard of jargon and PR, quarterly cars on road data is the most important metric of all in automotive. Quite simply: No car, no cash.

With so much focus on developments in the #automotive market, survival for all four suppliers actually hinges on short-term cash generation in other industries and through other means. Seeing Machines reports some nifty deal making in #technology #licensing with Caterpillar Inc. in the #mining sector, which put cash in the bank. Attention therefore shifts to news flow in the aftermarket fleet (trucks), commercial vehicle after-manufacture, and #aviation sectors. These are the markets where cash can be generated or burned during the remainder of 2024. Any supplier that cannot generate cash will have to raise, and any supplier that cannot raise is in trouble. This febrile atmosphere leads to tetchy #CEOs and nervous investors, which is precisely what we are now witnessing. Exciting!

As of this writing the market capitalization of the four suppliers is as follows:

Smart Eye: US$ 300m (SEK 3.05b)

Seeing Machines: US$ 280m (£212.5m)

Tobii: US$ 51m (SEK 0.52b)

Cipia: US$ 22m (ILS 80m)

All four companies have extremely limited financial resources, cash reserves and engineering muscle. The route to profitability - and hence survival - will largely depend on decisions made in previous years, and even by previous owners.

All views expressed here are my own.

Https://www.dailymail.co.uk/sciencetech/article-13697635/car-snitch-speeding-Ford-patent.html

Wrong on both counts!!!

W

RU?

Apple has announced its long-awaited Vision Pro headset will go on sale on 2 February in the United States.

US customers have been given the option to pre-order the $3,499 (£2,749) mixed-reality device from mid-January, though no date has been set for a UK launch.

It is the first major new product to be released by the firm since the Apple Watch launched in 2015.

After years of rumours during development, the company revealed the headset in June 2023.

But there have been issues since then. According to the Financial Times, Apple has more than halved its production forecasts, dropping from an estimated one million units to 400,000 in 2024.

As well as the release date, Apple also announced the device will have 256GB of storage, and it clarified that the headset's eye-tracking technology can function by monitoring just one dominant eye, for people who do not have full use of both their eyes.

Good to know thought as much.....

Shortwacker time to declare your position here are you invested in SEE or not??

Your posts are getting tiresome, if you are invested and are worried about the direction the company is taking or other outside factors then SELL its that simple....

Yours Truly..

Https://www.dailymail.co.uk/news/article-12509621/Wizz-Air-pushing-sleep-deprived-pilots-fly-Ex-captains-accuse-low-cost-airline-putting-profits-safety.html

The Q&A is a complete car crash......

Cash burn not a concern?

Interesting article, not the camera itself but the fact that so many drivers are still clearly distracted at the wheel. Mandatory DMS cannot come quick enough

https://www.bbc.co.uk/news/uk-england-cornwall-66508840

1,254,002

Old News…..

733k LT holding here

Appreciate the responses but I think my 747 flight reference was missed ;o)