Member Info for redindi

TLS

SEYE cameras? Plural?

Glandore

Have you seen how many SEYE, for example, has? I doubt other DMS providers have given it barely a thought at present. And if you know patents you will also know similar patents with minor differences are unlikely to be granted for obvious reasons ie they're too similar.

Second, or worse, is nowhere.

Maps

One would think so, as TLS said it's probably easier (and cheaper) just to pay up. You know how legal fees can mount up otherwise!

CFB

I think the US is slightly longer than the US but not much. If you look at SEEs patents, or patents in general, the hard part is to get the first one accepted and then gradually build on it. So, even though a patent may be coming to the end of its time, if a company or inventor is doing it correctly, there will already be a patent that builds on the original and so on.

I would hope SEEs doing exactly that...

Thanks Paul, great write up.

What it does confirm that the narrative continues and that a good? CEO is doing what a company with ARM like qualities should do and use the best known Swedish DMS provider deflect people's attention away from what is really happening if only people would look.

Lewbo is correct, others will win business but it's either, or a combination of, location, quality, price and requirements that will dictate which business SEE wins.

Naomi was there?

WHL

Obviously Auto wins would be good but as far as SP is concerned the only way to attain a sustainable change in the SP is for an RNS or two to be issued that, as PM has stated, will take the possibility of the need for a fund raise off the table ad infinitum and that is Aviation, in particular a licencing deal providing up front cash.

IF, an RNS like that is issued, take off the table any thoughts of only 6.1p by June.

WHL

I'd always thought markets were forward looking. Hence, all the market can see is a possible (though hardly likely) funding shortfall and can't see past that to exponentially greater Auto revenues. So, ET does have a valid point although with the clock ticking (Auto) and the 'imminent' Aviation news I doubt the next five months will be devoid of news the market really wants ie that with numbers (of cash type) in it.

PP

The event previously wasn't important but with you attending it is NOW an important event)))))

£990 for a coffee cup technology!

TLS

Yes, I would hope, and it's logical, that would be the case re DMS and possibly over time, and allowing for mapping, the rest to follow. As PM noted, regulation is SEEs friend and who knows where that takes SEE.

Terry

Yes, probably very low estimates and only based on 2, maybe 3 models and as it's optional it could relate purely to NREs.

At present, Super Cruise could only be offered in the US and Canada as it hasn't mapped elsewhere, so the total market possible is about 3 million which isn't a bad place to start and the more GM map the bigger the market.

#massmarketpenetration

Glandore

This latest news from GM is quite probably in addition to that. There was before leaks regarding Cadillac, not Buick, Chevrolet or GMC.

It would be good if the OEM was named but when, other than Geely, have you seen any DMS provider name the OEM prior to a car being in the showroom?

S2020

It appears a safe assumption that GM will be installing Super Cruise in new models and any refreshes which will also (with Bosch' assistance?) come down in cost for a number of reasons, experience, conformity across models, scale etc..

Other than refreshing or ending models 1,2,3,4 years prior to that already planned, what else other than 100% of 'available' models can it be called?

Mass market penetration.

Yes, another 19 new or refreshed models. Roughly half of the number of GM models on sale today in the US. Another couple of years and it will be either standard or optional in all GM US models.

And like other safety tech, regardless of whether optional /standard today it will over time become standard, or at least safety DMS will be for which SEE tech will already be there.

This is big news, this is the first proof of mass market penetration for safety DMS.

Bausch

Very valid points. SEE constantly give out their message that its hands are tied by OEM's, Tier 1 's regarding announcing news but

1. The world and his dog knows SEE is in GM cars.
2. GM has announced about the additional vehicles
3. The relationship with Bosch is well known.
4. It's highly probable SEE and Bosch have collaborated on Bosch' DMS /ADAS.
5. Bosch doesn't have to announce anything so this is as good as anything.

So, yes, when is the RNS?

Phil

Indeed. Just one (probably) Aviation deal over A$10 million will take any funding requirements off the table and if it's around A$20 million bring breakeven forward by a year.

And, if two such deals were to be completed pre 30/06 that would mean, as a licencing deal is money up front, mean a net profit this year, FY2020. Hence, PMs statement about taking funding worries off the table for ever.

However, until the deals are announced we are where we are!

Helicopters? Not sure about this one.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://smarteye.se/news/video-thales-and-smart-eye-opening-new-ways-for-pilot-training/&ved=2ahUKEwjX44yDzsHnAhVOUhUIHXOlCOYQFjAAegQIBhAC&usg=AOvVaw2NUvo__kjMr2frfCj-3NbI

It's all that money spent on R&D that got SEYE to where it is today......

Although I would add this may relate to Gen 1. I thought SEE had moved on.....