Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"So taking this figure (as I do) and dividing by the number of installed units, and then again by 12, gives the average monthly customer charge."
think where you are going wrong is assuming all units installed get the recurring charge. That is only those that choose to have the live monitoring from SEE. I suggest the dropping numbers is because lower % take up on monitoring or even something as simple as not hooked up yet.
Nice Chris. On the pics of the various displays mentions of 'Interior Monitoring', 'Attention Monitor' and ''Drowsiness Monitor'. ALso a HUD but that looks pretty basic so may not need accurate gaze m'ing for no parallax.
AFAIK the DMS is used to ensure no cheating. IE facial rec., ensuring it's driver being tested & so on. There may be additional data from DMS but the breath analyser is the main impairment measure.
From Warren on the other board:
https://x.com/seeingmachines/status/1745116250760708323?t=zxkXtbaORcxqkDMPFpqgoA&s=35
Seeing Machines
@seeingmachines
If you're in the UK, tune into
@SkyNews
today at 4.30pm to hear Nick DiFiore, #auto leader at #seeingmachines, speak to
@IanKingSky
live from #CES2024.
As reposted by Fonz. Posters on here and Telegram have created false expectations. PM told us:
"...launch at CES and we're expecting to move into an environment fully tested where we can get into higher volume production in the March to April timeline"
I don't think this bodes either way as it's a general RNS Reach about attending. I would hope any price sensitive news such as Gen 3 launch would be in a proper RNS.
Listen to the second sentence uttered here:
https://www.youtube.com/watch?si=dwjtK9bn2o9o-pG_&v=yIdvKQWO43w&feature=youtu.be
On existing contracts with conservative assessments of their value, SEE will be profitable on a cash basis in FY25 which starts in about 6 months. Should 50% by value (as predicted by PM) of the cited 1.25 - 1.5 billion of RFQ's come our way, plus successful launch of Gen 3 Guardian, we will see profit sooner and in greater amounts (I recall 76 mill being the projected profit with business already awarded). As this happens it's reasonable to assume the SP would rise accordingly meaning offers would come at a higher level. Clearly the market wants to see these contracts land before allowing any SP increase but that's a bear market for you.
Long term investors tend to feel these contracts are certain, or at least very likely and so attribute future value to them.
Personally, I think you are barking up the wrong tree with that one. The 450 million is to develop the car, which means a. it's a long way off being launched and b. there will be a tiny fraction of that allotted to the DMS. I think we will see better things from Magna soon.