Member Info for Seeing-2020

I wonder what came first the Google or the QC

https://www.eetimes.com/why-qualcomm-is-set-for-auto-dms-dominance/

"Seeing Machines is presented seemingly as the exclusive provider of DMS for the Qualcomm automotive ecosystem. In my opinion this is because Seeing Machines is the clear technology leader for automotive-grade DMS, having refined the reliability of its optical path and proven the robustness of its vision algorithms from starting out in the most hostile, least hospitable transportation application possible: Mining trucks"

Wow, what a weekend

https://www.eetimes.com/inconvenient-truth-waymos-driverless-cars-use-dms/

Actually it's since 2014, doesn't make me wrong just early thats all.

The pieces of the jigsaw are becoming much clearer now

Sorry Max you have lost me.

I am posting positive new news about the company we are all invested in.

Just enjoy the ride to the moon, BOOM, rocket emoji

Good spot, yeah GM and a mention of the new BMW system with Seeing Machines and Qualcomm embedded

"The implementation of 5G into cars, with BMW's new iDrive 8.0 being among the first to do so, will only speed up that process"

Buffet, I like this one with the 3 wise men

https://m.youtube.com/watch?v=imxIGXTOIko

Rocket Emoji- BOOM

Just in case anyone is wondering why all the activity this weekend, Seeing Machines confirmed as DMS supplier to Waymo, the Google car project, you know the Alphabet company. Search engine them if you don't know who they are

https://www.eetimes.com/inconvenient-truth-waymos-driverless-cars-use-dms/

He mentioned listing via a SPAC which seems popular to enable Lidar (and other tech companies) to get a billion dollar valuation with little revenue.

Buffet, the valuations are so much higher than DMS providers even though there are about 50 players, so at the moment the market values DMS providers too low in his opinion and mine

There will a scrabble to buy up the few DMS providers soon enough, IMHO

Re reading the safestocks article this morning, it hits a really key pont about vehicle replacements and that alongside the EV launches feels like we are in a sweet spot for new model launches over next 5 years

"Given that cost, Jonas writes: “We believe such tragic statistics may accelerate a range of policies (at the Federal level and otherwise) that may in turn accelerate changes of key ADAS technologies in the US fleet.” He adds: “The average age of a car in the US is over 12 years, amongst the highest of any developed nation in the world. We have long discussed the potential for taypayer/policy actions to accelerate the scrapping and replacement of US vehicles.”

The lady from Veoneer the other day answered a direct question about F150 and Mach-E, no attempt at a denial.

Paul said all models (30+ over next 22 months) will be announced via an RNS

Its coming

In terms of valuations I have since the QC event removed my previous prudent upper limits on sp.

I would take note of a number things Willard Tu from Xilinx said on the webinar the other day

- all accidents are caused by a distracted driver
- cell phone use is worse than drink driving
- Lidar company valuations compared to DMS as many have IPO via a SPAC
- DMS will have more impact on safety than an airbag or the seatbelt
.
Read that last one very slowly

Sandy, I had to reread the Colin B article this morning to prove it was real.

Waymo are part of the Google / Alphabet group, but they are tiny market cap is only $1,370 billion or $1.37 Trillion

Can't remember the last time I saw a car go to Sop earlier than planned.

https://www.autocar.co.uk/car-news/new-cars/new-2021-bmw-i4-production-model-sale-autumn

"The i4 will use BMW's new eighth-generation iDrive operating system, shared with the iX flagship, which allows for over-the-air updates and greatly reduces the number of physical controls in the cabin - although it retains the characteristic rotary knob that has been used for every iteration of iDrive since it was introduced 20 years ago"

Another supplier to the Ford F150 was able to announce their involvement late last week.

An RNS confirming we are in the best selling vehicle in the US would be timely before the half year results.

https://www.prnewswire.com/news-releases/altia-technology-powers-development-of-cluster-hmi-in-all-new-2021-ford-f-150-301255875.html

No surprise to find this car with SM tech on this list

https://spectrum.ieee.org/transportation/advanced-cars/2021s-top-ten-tech-cars-ford-mustang-mach-e

Decent review of the Mercedes S Class, which of course has SM tech

https://www.hotcars.com/heres-how-reliable-the-mercedes-benz-s-class-is-in-2021/amp/

GM
Waymo
Ford
Mercedes

All on the road with our tech, not bad for a little company from Canberra

What I don't understand is whether an OEM product for Trucks is in the current plans or additional

Tornado RNS
"The capital raised will enable Seeing Machines to develop and collaborate on additional growth opportunities which are incremental to our core plans."