Member Info for Escovido

Who is 'We'? Without context fairlly meaningless.

It ensures we have a future if/when full autonomy or the non private ownership models come into play. No driver in the taxi but control central can see who's in it, if they are ill or misbehaving etc.

Great for runway.

All my concerns from yesterday are now addressed.

We were profitable from December WITHOUT taking into account the 14mill.

All other programs with the OEM are unaffected and either in production or nearing production.

Interesting that Stifel say:

“We still expect the company to have reached cash flow run-rate break even by the end of 2025 (December)"

I had assumed, based on past performance, that everything was happening a month or two late and the forward payment was to compensate. I assumed we didn't reach cash flow BE run rate in Dec. You would think Stifel should have a good idea so I hope they are correct.

Their target SP is still way too low IMO but at least they raised it.

Fair enough.

"However still doesn't tell you what existing relationship is going forward, " but you, as usual, assume the worst. It can simply be a rebalancing of models. My partner is like you. Straight to the worst possible case scenario. Let's see what transpires. I'm sure it will all be fine.

Ford moving away from EV's to ICE to suit the orange one could be it. Minimum payments over lifetime of contract negotiated down for earlier receipt. Doesn't mean we lose Ford just means certain programs not proceeding. NB. I use Ford as an example but any change to a model line up could explain it.

More research required chap.

I guess because we are there with partners like Valeo or Magna so we don't show up in searches. On the upside, these partners are why we are in way more vehicles than the others.

Https://www.linkedin.com/posts/mitsubishielectric_announcement-mitsubishi-electric-announced-activity-7407404344582709248-N-o9?utm_source=share&utm_medium=member_desktop&rcm=ACoAABqPLQgBQaPNg2z16G09wr8kRT-6yGDu0n0

As I understand it, Mitsu combine input from the below mentioned SEE DMS with readings from brake, accelerator , wheel etc for a comprehensive result.

Easy to criticise but we are already in an industrial application via Mitsu Electric and if that leads to a few more it will open up a whole plethora of uses which is likely to improve the eventual takeover price massively. This is happening NOW. Humanoids further down the line but it never does any harm to see a roadmap.

Https://www.investegate.co.uk/announcement/rns/seeing-machines-ltd-npv-di---see/technical-paper-series-intoxication-launched/9301753

Odd place to post your blue-sky thinking but the crux of the matter is: "securing near-term financial obligations".

It's just stopping them going to the wall.

It makes zero difference to SEE what the power unit is. We're nothing to do with the engine.

Looks like 2 cancelled each other out. Just 10m vol at that SP at that time.

Blimey, Jungo! I vaguely remember them being mentioned ages ago Weren't they flogging an aftermarket system through the small ads?

SEE, SEYE, Tobii, M'eye, Harman?

Looks like they were planning to soften the blow with the after-hours RNS last Friday.