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You are assuming the upfront payment is the last. Generally, upfront payments are advances on royalties and should the sales exceed the value of the upfront payment, further moneys are owing. Advances are generally based on a conservative estimate of future sales. What happens if Cat double sales this year? Do you think SEE would set themselves up to receive no more payment?

Yes, I noticed Brock stating numbers he just made up as fact but that's happening daily with these shorters or whatever their motivation is.

Please can we stick to talking about the cars SEE is going into rather than the fantasies of a disgruntled ex-employee?

The appearance of our tech in the broader VW group vehicles is surely more worthy of discussion?

https://www.linkedin.com/posts/colin-barnden-1081376_occupant-monitoring-mirror-activity-7269301614979551232-ndrn?utm_source=share&utm_medium=member_android

confirmation of the magna international seeing machines #occupant #monitoring #mirror installed in a european vehicle has now been obtained from video in the public domain. visible are the ir illuminators behind the mirror glass in the 2025 cupra #terramar. this tells us the magna program is limited not just to vw branded models, but includes other marques within the vw group too. alongside volkswagen and cupra, the mirror program could be expanded to include seat s.a. models in 2025, and maybe brands such as audi ag, porsche ag, and Škoda auto.

evidence of a vw model featuring the occupant monitoring mirror was found first in the #tiguan pro l for china (second image). but confirmation of the terramar is vastly more significant, as it is the first model to be sold in europe. this tells us the terramar has successfully passed #****logation and thus complies with the general safety regulation #gsr for advanced driver distraction warning #addw which came into effect for new vehicle types on july 7. hence we have confirmation the occupant monitoring mirror can be adopted by any oem to meet european regulations, and that includes the multitude of new chinese oems now exporting to europe.

2024 looks to have been a year in which almost the entire auto industry stepped back to reconsider the possibilities of integrating driver and occupant monitoring inside the mirror. this is the most technically challenging area of all to install the ir illuminators and vision processor, but a key benefit of doing so is the occupant monitoring mirror is visually indistinguishable from the standard electrochromic mirror - which results in greater driver acceptance of the technology.

the higher cost of the product is far offset by the lowered engineering cost of restyling the ****pit to integrate the ir optical path and execution risk of doing so under tight regulatory deadlines. provided the ****pit geometries work, the occupant monitoring mirror needs mostly only changes to the wiring loom for power and can bus to be installed.

this was clearly a huge engineering program by magna and seeing machines, with an element of risk carried also by vw. however with models confirmed at #sop in china and now europe, the whole vw group has access to a solution which meets gsr in europe and gb/t in china. crucially, magna has a demonstrably regulatory compliant product which it can sell to every other oem. 2025 is going to be an exciting year.

the 2025 edition of semicast's market report "adas & automotive vision-based driver monitoring systems" is now available for purchase. significant segmentation of the dms/oms market is provided:

- by movement detection into "owl-only" and "owl & lizard" detection

- by feature set

- by processor type

- by cmos image sensor location

- by cmos image sensor resoluti

Not to worry however, as the page is 6 years old so not really relevant.

Not eye tracking and therefore not SEE.

I try to ignore these posts but just popping in to say: What a crock of unmitigated bollix you talk CFP. You are clearly not stupid so I assume you just think enough on here are daft enough to take on board your BS.

Have nice day!

Huge red flag. I can't believe they are flat today.

Do some research!

Show us the SEYE RNS. Jesper has no credibility. Caught straight-out lying too often.

Moan all you want but it's an Nth of a % and every decent company does it.

540k trade @ 3.54p

So, LOADS of upside here then!

"Further, Valeo will transfer its driver monitoring perception system software activity to Seeing Machines. This will primarily be facilitated by Seeing Machines' acquisition of Asaphus, a Valeo owned German company based in Berlin, dedicated to the development of driver and occupant monitoring software."

https://www.lse.co.uk/rns/SEE/seeing-machines-acquires-asaphus-vision-gmbh-qy77y3thatekbhi.html

Interesting as this is Trucks not cars, this appears to be the key bit from the article linked in the post.

"To reduce accidents due to fatigue, distraction or phone use, it is important to detect the driver's condition in a timely manner. Valeo offers a Driver Monitoring System (DMS), which integrates an interior camera and an electronic control unit (ECU) to monitor driver behavior. Using real-time analysis, the DMS quickly detects signs of fatigue or distraction and alerts the driver to refocus on the road. In addition, the system allows the driver to maintain optimal alertness and optimal control of the vehicle at all times. Using sensors and cameras in the driver's cab, the DMS records the driver's behavior and enables proactive adjustments for a safer, personalized journey. It thus increases safety and meets legal requirements by continuously assessing the driver's attention, reducing the risk of fatigue and distraction. EU Regulation No. 2019/2144 regulates in detail when such drowsiness warning systems with event-related data storage must be implemented in which vehicle types and which requirements for data retrieval, privacy protection and data security must be met."

Credit Tom on Tele g

The automotive supplier hashtag#Valeo recently presented various interior technologies that make it easier for truck drivers to be safe and distraction-free on the road. In addition, a drowsiness detection warns if you should take a break. 🤔👍 https://www.linkedin.com/posts/georg-blenk-8ab882_valeo-lkwfahrer-display-activity-7263137536909197312-gq3A?utm_source=share&utm_medium=member_desktop

Who cares?

Tomorrow

"The key conclusion of the 2026 protocols: OEMs can carry on saving a couple of bucks per vehicle with cheap DMS, but the consequence is the model achieving at best a 4* rating, and might even fail #ADDW testing for #GSR compliance altogether. That applies equally to the luxury German brands as to the mass-market.

NCAP26 looks set to whittle the DMS supply base down to a handful of automotive sector specialists, and away from surveillance algorithm developers. Established partnerships with global tier-1s, a proven capability to deliver programs to #SoP, and #humanfactors expertise will all be critical for long-term success."

A reminder it's only 14 months until these standards are adopted so the ones who want 5 stars need to be positioned before that.