Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
The only surprise there is, is since that interview considering the expected RFQs plus Qualcomm /Omnivision, only one contract has been announced and that the very modest Magna/Fisker one (we believe). So, in order to balance this out and on Father's Day, maybe tomorrow we'll get the Mother and Father of all RNS!
The original RNS announcing the wins gave what SEE was sure about, Cadillac was it would appear NRE only. Assuming it's optional SEE probably don't know much more than stated previously although it's obviously more than the first amount. From memory, SEYE did not say how much the revealed models were worth as they'd done that when the business was announced
Jins
Yes, at first sight, so what? But read it again and this is just the door opener. And exceeded all expectations of RAAF, a defence aviation byword in excellence. This has been just solidified SEEs position of monopoly in Aviation, it's big. No other provider is anywhere near where SEE is now, this is huge.
Mr BB
Optimistic for a reason I'm sure so no reason to apologise. SEE is going about its stealth routine excellently. I've never been so optimistic, SEE in all fields has a technological lead of 3+ years. Forget the bluster of SEYE, the acquisition of Affectiva smacks of desparation, any II or market analyst already knows that. We should all wait patiently for it to unfold and collect the rewards!
The technical experts honest view on SEYE /Affectiva M&A. Not good reading for the SEYE fanboys.
https://mobile.twitter.com/semicast_res/status/1399400062292213765
Mr BB
Re the SEYE Affectiva acquisition, maybe not in this case but maybe it is, where you get an M&A deal like this, a lot of the time it points to the fact that the acquirer sees little further growth in its existing market. So what it may hint at is DMS RFQs haven't gone as well as planned? As for the rest of the blurb, how anyone can again claim to be world leaders in such a nascent market is beyond me. SEYE/Affectiva has combined sales of $250,000 whereas SEE has one DMS /OMS contract with a total of approximately $5 million so maybe $1 million down to OMS. SEE are world leaders in OMS? Way too early for that and not very classy.
As for competition, the more it goes on, the less serious competition there would appear to be))))
https://mobile.twitter.com/semicast_res/status/1398211244029526017
A while ago, 1-3 years ago, SEYE was said to have the supervisor OMS, although how that stacks up is open to question. Now, something has happened, maybe too concentrated on China and after market, and it's behind so far, it has to buy a competitors tech in an effort to keep up. The cost of losing focus is $73.5 million. Costly.
Unless Toyota is now selling cars only to China, I doubt Mobileye will convince Toyota to use Cipia, the functionality and availability required by TRI-AD goes some way beyond what Cipia at present offer.
Smart Eye has one plan so it was probably always in the plan and is fairly low cost. It's also entirely possible it will win a few basic DMS contracts early doors which justifies opening a German office and looks good in print.