Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
IMHO the most significant part of this news is that despite not having reached profitability ourselves, there’s both sufficient funds and sufficient confidence from our leadership for us to commit to $5m further widening our technology lead over our competitors… perhaps our BOD know somewhat more than they have let on….
Numpty pi
We have entered into a strategic collaboration with a technology startup that specialises in image-sensor and optical systems design, in order to create an anticipated step-change in the performance of cabin-monitoring technology.
The Company has obtained a world-wide perpetual exclusive licence which applies to both automotive and aviation market sectors, for A$5m payable over three years, in order to access and customise the optical technology to the specialised field of cabin-monitoring.
"We look forward to revealing more about this technology at the right time. For now, we have work to do to deeply integrate this technology into our stack and will be working closely with key customers preparing and fine-tuning our next-generation of cabin-monitoring systems."
We have entered into a strategic collaboration with a technology startup that specialises in image-sensor and optical systems design, in order to create an anticipated step-change in the performance of cabin-monitoring technology.
The Company has obtained a world-wide perpetual exclusive licence which applies to both automotive and aviation market sectors, for A$5m payable over three years, in order to access and customise the optical technology to the specialised field of cabin-monitoring.
"We look forward to revealing more about this technology at the right time. For now, we have work to do to deeply integrate this technology into our stack and will be working closely with key customers preparing and fine-tuning our next-generation of cabin-monitoring systems."
https://www.lse.co.uk/rns/SEE/seeing-machines-collaboration-in-optics-technology-e050ctfjxmyaipd.html
Qantas, Emirates, L3Harris, us military, CAE, Fed Ex, various air traffic control centres, Boeing,Airbus and a myriad of others, take your pick who we might get to cross the line with first. We have created something new in a highly regulated field, it was always going to be tortuous…but highly lucrative and over extended time scales.
Pilot monitoring required on a large scale, an update on progress would be appreciated…
“Your packages may soon be flown on a massive jet with only one pilot, and it's only a matter of time before you could be too“
https://www.businessinsider.com/airbus-cargo-plane-may-be-candidate-for-single-pilot-operations-2021-11?r=US&IR=T
Looks like the competition are starting to catch up.
How Eye Tracking Can Improve ****pit Simulators: Accelerating Results for Driver & Flight Training
https://eyeware.tech/blog/eye-tracking-training/
Up down, that’s a fantastic post, I strongly suspect that you are correct in your thoughts. I’m convinced that our aviation division is gearing up for some long awaited but spectacular progress (in several areas). When eventually the contracts come in, they are likely to be both highly lucrative and long lasting.
Even considering Covid disruption It amazes me how long these things take, Transport for London are believed to have held a year long seventy bus trial covering two bus routes…. and then absolutely nothing. With a fleet of 9068 buses I’m delighted to hear that there’s still potential for see to secure a contract.
Numpty pi
See supply the world’s best dms and seem to be strongly building market share. Personally I don’t mind who sells the most vehicles, or in fact the method of propulsion as long as we’re selling all of them dms long into the future.
bonzoful, surely the choice of powertrain ie what makes it move is completely irrelevant to the requirements of the vehicle for dms. I personally believe that see dms will be dominant in all vehicles and in all locations for the foreseeable future.
Numpty pi
Although I cannot support with any evidence, I was informed today that Ford will be revamping their Kuga and Focus along with a van likely to be the Custom within around 12 months and will include blue cruise.
Numpty pi
Do we even have fag packet estimates of time and costs to definitive feasibility. Anybody care to have a punt.
Whilst on the subject, It would have been nice to have been given by the company details about what parts of the pfs that haven’t been funded…rather than just the comments about funding for “significant parts”.
At the time of the AGM, LR resignation was also not on anybody’s radar, so nothing should be considered impossible.
Numpty pi
The business case for ultra long flights seems to be growing post pandemic, stop overs en-route aren’t nearly as popular as before. This can only be good news for us as destinations increase.
“there’s strong evidence the pandemic is making non-stop flights between Australia and the rest of world even more desirable as we learn to live with the virus and its variants,”
https://onemileatatime.com/news/qantas-rome-flights/
We know that we have been working with “a major Australian airline “ for a number of years.
Regulatory approval of ultra long flights is highly likely imho to require some form of monitoring pilots for fatigue.
Achieving permission to install our tech on a passenger carrying aircraft has been completed.
https://www.lse.co.uk/rns/SEE/seeing-machines-air-ambulance-victoria-contract-pdczqpvzwncivkg.html
Before the pandemic, Qantas was getting ready to launch what was possibly one of the most exciting projects in commercial aviation. Unfortunately it had to be put on hold for a couple of years due to the pandemic. Project sunrise is back
https://onemileatatime.com/news/qantas-project-sunrise/
https://australianaviation.com.au/2022/02/work-has-resumed-on-project-sunrise-says-qantas/
Numpty pi
Regulators have clearly agreed that our technology can be installed in working aircraft, that most significantly are carrying passengers.
It’s one thing to install in a simulator, but a significant step forward to install in a working ****pit. I was expecting freight aircraft initially, so this is absolutely fantastic news. When regulations for our tech onboard larger aircraft are being considered, this will become even more relevant.
Congratulations to all involved.