Member Info for modestguy

Well worth listening to this new podcast, especially the Magna Mirror DMS intelligent visions systems part (10mins - 13mins) https://podcasts.apple.com/us/podcast/building-blocks-of-mobility-ft-tom-rucker-of/id1633313478?i=1000670429158 In September 2024, AutoVision News Radio host Carl Anthony attended a Tech Day hosted by Magna International in Troy, Michigan. During the outing, Magna innovations like ClearView and EtelligentCommand showed why creativity is one of the essential brushstrokes when painting the picture of the "future of mobility."

Tom Rucker, President of Magna's Power & Vision and Complete Vehicles groups, joins Carl to discuss how the global supplier strategically and creatively positions its product lineup to enable some of the automotive industry's most ambitious goals, from safety to sustainability. Tom shares how Magna combines its global presence with its startup mindset to offer cutting-edge innovations that address key challenges for the OEMs while also providing end consumers with an efficient, fun-to-drive vehicle. Part of the transcript - between approx (10mins - 13 mins) as follows........ The combination of cameras, lighting, software and ADAS is a really magical space that brings a lot of opportunity for us. Magna is the supplier for complete intelligent vision systems. We make a lot of mirrors, all types, we are the largest supplier of cameras and we are a big supplier of ADAS. So combining these things, I think our best example today is our driver monitoring system that's built into the inside mirror that creates a lot of advantages for the OEMs. It reduces the styling impact as you don't see the camera, but at the same time, you have the best possible unobstructed view to the driver. So with that, again we can reduce costs for the OEM and add a lot of functionality and we are bringing this to the next level by combining our DMS with our ClearView Mirror. So now you can have a front facing camera combined with our DMS and do things like driver and passenger detection, driver behavior and seat belt detection. Part of our long term vision is we want to make mobility more accessible, but more importantly safer, smarter and cleaner. So if you think about many of the products that we have around the vision systems are focused on making the experience safer not only for the driver, but also for other participants in traffic.

Https://www.linkedin.com/posts/collins-aerospace_we-delivered-a-high-fidelity-simulation-solution-activity-7242156279022911488-9c_z?utm_source=share&utm_medium=member_android

Article on Collins Aerospace new US navy Ship Simulator liked by both Paul McGlone and Pat Nolan too. Hmmm...... what about the US Air Force

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Oocha.....!!

Https://www.linkedin.com/posts/colin-barnden-1081376_designswins-gaap-activity-7232333607799791616-1vN4?utm_source=share&utm_medium=member_android

https://www.linkedin.com/posts/colin-barnden-1081376_bmwblog-driver-monitoring-activity-7226921991591583744-ciyn?utm_source=share&utm_medium=member_android

bmw's global vehicle sales for the first six months of 2024 have been published by hashtag#bmwblog. as the analysis on the left of the picture shows, by using adoption of the curved display for each model type as a proxy for hashtag#driver hashtag#monitoring hashtag#system fitment, we can approximate hashtag#dms units at bmw group. for the 2025 model year, only the 8-series, hashtag#x4 and hashtag#z4 are judged to not feature the curved display, with the m5 having been withdrawn. the exact start of production date for each model upgraded to the curved display for the 2025 model year is unknown, but bmw looks to be on course to hit 500,000 vehicles a quarter with dms during this calendar year, and may reach that milestone as early as the july-september (current) quarter.

we will know more next week when seeing machines publishes numbers for quarterly cars on road for the three months covering april-june. smart eye releases its financial results the week after, but it has never published quarterly cars on road data.

bmw is judged to have dropped smart eye as its dms supplier and moved to seeing machines dms for the gen2 product. bmw has standardized on dms integration within the instrument cluster, and is assumed to be using a hashtag#****pit hashtag#domain hashtag#controller running operating system 8/8.5/9 on the third-generation qualcomm ****pit hashtag#applicationsprocessor.

change is coming in 2025, with the introduction of the bmw hashtag#neueklasse platform which will run operating system 10 in the ****pit. the neue klasse will feature bmw hashtag#panoramicvision, and a 3d head-up display hashtag#hud. the tier-1 is assumed to be valeo, with seeing machines set to continue as the dms provider going into the third-generation product.

with 1,096,423 bmw cars produced between jan and june 30th 2024 (over 500,00 per quarter) :-)

Worth a read.

https://www.safestocks.co.uk/

As you are so obviously a trader (pitifully trying to deramp) I feel that I must refuse your advice on my shareholding. To you, a few weeks is an eternity. Quite pathetic from you!

Meet with us at AEE2024 from May 22-24 and see how Magna's full system approach makes us your competitive advantage! Come visit us at booth number 371 in Exhibition Hall, Pacifico Yokohama.

For details on Magna's presence, please see our event landing page : https://bit.ly/3QF8YmB

https://www.linkedin.com/posts/magna-international_forwardforall-powerofmagna-automotiveengineeringexpo-activity-7196336049143328768-OSZv/?utm_source=share&utm_medium=member_desktop

It would be very nice to get a number of big orders from Japanese or Korean OEMs who may be impressed by the Magna presentation. Fingers crossed anyway chaps.

We’re kicking off InCabin USA on Tuesday, May 21 at Huntington Place with a roundtable discussion where Matthew Parker, PMP, Interior Cabin Sensor Product Line and Project Team Lead, will lead a discussion on the strategies linked to optimizing occupant vital signs for enhanced vehicle performance. We look forward to seeing you there! #AutoSens #InCabin #InteriorCabinSensor

https://www.linkedin.com/posts/magna-international_autosens-incabin-interiorcabinsensor-activity-7196117464076738561-QSWR?utm_source=share&utm_medium=member_desktop

Meet with us at AEE2024 from May 22-24 and see how Magna's full system approach makes us your competitive advantage! Come visit us at booth number 371 in Exhibition Hall, Pacifico Yokohama.

For details on Magna's presence, please see our event landing page : https://bit.ly/3QF8YmB

I reckon that the OEMs in attendance will be Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu and Hino. Let's hope Magna/Seeing Machines gets a few results here. 🙏🏻😁

https://www.linkedin.com/posts/magna-international_forwardforall-powerofmagna-automotiveengineeringexpo-activity-7196336049143328768-OSZv?utm_source=share&utm_medium=member_desktop

A rough calculation is 313,662 divided by 90 days equates to 3,485 cars per day were produced with SEE tech in the last quarter.

This number is expected to increase significantly in tge next quarter and beyond.

Good list Terry,

However I noticed that you forgot all about the 1.6 billion or so of RFQs which have just slipped off everyone's radars. What is going on with all of these potential RFQs ?

A few biggies from Toyota, Mazda, Subaru, Hyundai or whoever...... that would set the share price rising properly.

Patience chaps, as ever. GLA.

I do very much like the confidence from the CEO when he says "with over 744,000 units in Automotive production year to date, we can confidently expect our annual run rate to exceed 1 million this financial year and expand beyond that as more programs start production across our current won business".

Over one million units in a year which will more than double every year going forward....... not too shabby some would say.

Https://www.ii.co.uk/analysis-commentary/four-aim-shares-are-potential-bid-targets-ii531587

Seeing Machines (SEE)

Share price: 4.585p

Market cap: £190.6 million

Driving safety technology developer Seeing Machines Ltd

SEE

3.71%

has spent decades perfecting its technology and it has been winning contracts to supply it to automotive manufacturers. Revenues from those contracts have started to build up and the company is moving towards profitability.

Seeing Machines says the number of vehicles on the road using the company’s technology has more than doubled to more than 1.5 million units. The cumulative initial lifetime value of 17 programmes with 11 customers is $366 million, and most of these revenues will be booked by 2028.

The share price is well off its high in 2021, let alone the all-time high in 2018, and the share price trend line is still heading downwards. Yet, the company should reach cash breakeven during the next financial year.

However, loss-making technology companies are not in favour, currently. That is why it has been difficult for the share price to make a consistent recovery despite the contract wins. The forecast loss for the year to June 2024 is nearly A$25 million. Next year the loss could be little more than A$1 million before a move to a pre-tax profit of more than A$17 million in 2025-26. Profit should grow as more contract programmes mature.

Chief executive Paul McGlone has been exercising options, some of which were priced at 5.4p/share and 5.09p/share, which is well above the current share price suggesting he is confident about prospects. The finance director has also been buying shares at an average price of 4.42p each.

An automotive components supplier could find Seeing Machines an attractive purchase now that much of the risk has been taken away due to the contract wins. There is already a collaboration deal with Magna International Inc

MGA

3.20%

to develop occupant monitoring via the rear-view mirror. Canada-based Magna also has a $47.5 million convertible note, which is convertible at 11p a share. Magna is certainly big enough to make the acquisition of Seeing Machines a realistic possibility as results improve.

Nick says - I don’t comment here often, but I have to acknowledge how proud I am of the Seeing Machines Innovation and Engineering teams for making possible what many in the industry thought impossible. Way to go, SM! Way to go, Magna!

https://www.linkedin.com/posts/nickdifiore_magna-wins-2024-automotive-news-pace-award-activity-7191432556796370944-3AQO/?utm_source=share&utm_medium=member_android

Nice one, let's hope that it contributes to bringing accountancy 'break even' date - even closer.

Https://www.linkedin.com/posts/lauraklitsie_importance-of-afdd-devices-in-oil-and-gas-activity-7188597211214020608-cSS8

Interesting..... hope there are some orders to come from it.

As the #automotive DMS market moves rapidly to volume production, YouTube becomes an excellent resource to bypass #NDAs, since we can see what is happening with our own eyes. Shown below is the 2025 Lincoln Motor Company #Aviator, sister of the Ford Motor Company #Explorer, with DMS on the steering column. Superimposed onto the image is the latest Gen2 DMS camera from Magna International. It is a perfect match. Look carefully and we can just make out the camera as well as the illuminators.

When Magna bought Veoneer, it created a DMS center-of-excellence that was mostly overlooked at the time. Clearly there are two DMS design teams active within Magna: the Magna team doing the rear-view mirror, and the Veoneer team still working on the steering column. There is also an interior camera, probably designed by Veoneer, meaning that Magna has all bases covered for #RFQs, with a single optical path solution for #interiorsensing, dual optical path for DMS/CMS, along with an alcohol detection sensor for future #impaired (drunk) driving legislation. The DMS tier-1 base is now rapidly consolidating around Aptiv, Magna, and Valeo in most regions, and the technological barriers to entry are becoming ever higher.

In December 2022, Smart Eye’s broker boasted of "up to 53 design wins” as victory at Ford. Research suggested the win was probably with Bosch as tier-1, likely based on Qualcomm #Snapdragon #Ride and certainly replaced the Veoneer/Seeing Machines DMS win for #BlueCruise in the F-150 and #MachE. But, as the image shows, we can see for ourselves that Magna clearly won the 2025 Explorer/ Aviator.

It is unknown if Ford subsequently decided to dual-source DMS using both Bosch and Magna, or if Ford has now entirely dropped Bosch and reverted to Magna. But we can review videos on YouTube as new models are released in 2024 and 2025 to find clues. However this is perfect lesson of the importance of counting delivery not “design wins.” Delivery comes with a license fee, but “design wins” can (and do) change, which is why this is such a poor metric to measure supplier leadership.

As #IIHS has shown, Ford had the highest performing DMS on the market with the Veoneer/Seeing Machines DMS in the Mach-E. That accolade likely stays with Ford but probably moves to the Explorer/ Aviator. The active #NTSB investigation into a fatal collision of a Mach-E operating on BlueCruise may also focus minds not only at the very top of Ford, but at other U.S. OEMs too, of the imperative of using high performance DMS in partial and conditional automation systems. The pace of technological development for DMS is breath taking; so too the rise in awareness of the role of DMS by regulatory and safety agencies. https://www.linkedin.com/posts/colin-barnden-1081376_automotive-ndas-aviator-activity-7183044727569580034-_-Li/?utm_source=share&utm_medium=member_android

Seeing Machines DMS with Colorado Anschutz Medical

As part of a collaborative project among DSRI, the University of Colorado Anschutz Medical Campus, Swinburne University (Australia), and Seeing Machines, the DSRI team integrated the DMS developed by Seeing Machines into a miniSim and installed it at the University of Colorado Anschutz Medical Campus. 

Data was collected from cannabis users prior to and after acute administration of cannabis. The DMS data is being examined to identify ocular measures or eye behaviors that are indicative of impairment. They are looking at what signals allow us to identify who is acutely under the influence of cannabis and whether signals of acute use are consistent between occasional and frequent users.

Alcohol Detection

Sponsored by the Insurance Institute for Highway Safety (IIHS), with partner Seeing Machines 

In a recent study with IIHS, the team is looking at the ability of DMS vision sensors to identify alcohol impairment while driving. Data collection wrapped up in late 2023, and data is being analyzed. 

“This is really a first look at the feasibility of vision-based sensors to differentiate alcohol in driving,” said Tim Brown, director of drugged driving research. 

The team is looking at how these visual signals change over the duration of alcohol being in the system following drinking and how that affects driving performance. The primary focus is on visual signals as they relate to blood alcohol content.

College of Engineering (https://engineering.uiowa.edu/)

The University of Iowa College of Engineering is located in Iowa City, Iowa. Programs include biomedical, chemical and biochemical, civil and environmental, electrical and computer, industrial, and mechanical engineering.

Https://www.linkedin.com/posts/seeingmachines_geotabconnect-guardian-drowsiness-activity-7164072245273776128-4OWL?utm_source=share&utm_medium=member_desktop

Our Aftermarket team is here at #GeotabConnect, showcasing #Guardian Generation 3. Independently tested and assessed to meet the European Commission’s General Safety Regulation for #drowsiness detection, #seeingmachines is ready to support our #fleet customers and enhance #safety globally. 🚚 Visit booth 1A to learn more! #GSR #DDAW