Member Info for Escovido

Hine Just testing. h i n e

"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.

Unrealistic expectations as per. Decent results.

Yep: Toyota, Honda, Nissan. Off you go ;)

Well if they are claiming top 3 Jap Mfrs the Toyota one everyone is complaining about must be them.

Even the Autosense win which had SOP in 2021 is still referred to as 'Premium German Automaker'.

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.

I don't know about other companies directors but ours have been filling their boots. Take a trawl back through the last 18 months of RNS and see!

Nice to see our logo alongside Magna's on the screen.

If OEM's are dual-sourcing, surely it's a given that tier 1's will?

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"

He did and we can only hope they still arrive at some point but, fair to say we wouldn't have tendered for this. Doubly so as Cipia already incumbent in the cars of this MFR.

PM stated SEE were not tendering for commercial vehicles at mfr. due to low unit price, only as pre- delivery addition at behest of customer. An optional extra, not std. fitment like this.

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.

Https://www.londonstockexchange.com/news-article/SEE/seeing-machines-welcomes-u-s-nhtsa-announcement/16250164

Is the inclusion of commercials such as vans new news? I knew about cars but thought commercials we re to be a year or two later. Nice to see gaze detection required, rather than pupil size/head movements.

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.