Member Info for Seeing-2020

CFP, another factually incorrect deramper

It was Nick DF who paid £100k for shares at 3p, well done him, long way to go yet Nick

Thatcham launched their new vans ratings last week, today they give more details and it includes DMS, wow.

https://www.linkedin.com/posts/thatcham_makevanssafer-activity-6747093047021973504-YQGd

Glandore, your version of the facts is confusing my little brain. Last week your top class research broke the news about 2 new distributors, great. Today you state we have had one new distributor in 12 months

So are you
- wrong today
- wrong last week
- all of the above

The same people who moaned for a Fleet update, today get a fleet update for first 5 months and moan.

Expect more detail in the trading update for first 6 months and be thankful for the more regular updates we are receiving.

Dr Mike is a world renowned expert on Human Factors in relation to transport.

The world is finally waking up to the importance of DMS so the world renowned expert is in huge demand
- speaking at BMW stage in CES 2020
- working with Euro Ncap
- interviews with EE Times
- Xilinx event Jan 21
- etc

That's just a small selection of the extra stuff he does and then he has 2 day jobs.

For me its no reflection on his ability to run the fleet busines, he is the go to person for many things in the company and Paul has made the right decision on where to focus his time.

Well done Dr Mike for the progress made in Fleet and Max will pick up a business in a much improved position.

Bud, I'm guessing your chart had a day off last week for Xmas shopping and you missed the buy signals at 5.4p.

I know its a fleet update, but read this bit and do the maths, 30%+ of "all" is a very big number

"In Europe, the European Parliament has passed into law the requirement that driver drowsiness and attention distraction systems are included for all new cars, vans, trucks and buses from 2024."

https://9to5mac.com/2020/12/21/apple-car-battery-technology-2024/

Good find that mirabeau, Adam Jonas no less. Doesn't matter if we are "sole provider to GM" its Supercruise that is the brand which drives the value, so the important thing is we are the sole provider of DMS to Supercruise.

Funny thing is GM bought Cruise when they could probably have bought SM for a few billion, big mistake that was in my view. Cruise has made little or no progress and now the analysts are talking about Supercruise instead.

https://www.investors.com/news/gm-stock-wall-street-sees-billions-tesla-autonomous-driving-path-followed/

"Super Cruise subscriptions will drive those gains, accounting for $6 billion by 2030. "Just like Tesla monetizes autonomy through its FSD (full self driving) product, it seems GM is ready to increase monetization of its own autonomy solution called Super Cruise," Jonas said. On a monthly ARPU (average revenue per user) basis, he expects Super Cruise to account for $22 of a $40 total by 2030."

Magna is a Tier one, so they compete with Conti, Denso, Veoneer etc, this is about them using mobileye for outward facing.

They are likely to use someone's DMS also

https://todaynewspost.com/auto-news/bosch-continental-battle-to-supply-the-brain-of-the-connected-car/

"Continental expects such high-performance central computers and the software that powers them to become a major revenue source by 2025, he said. 

“Mobility in the future will be marked by the degree of connectivity, safety and comfort,” Setzer said, “irrespective of how a car is propelled forward.” 

2014 for me also, can't remember what year i thought I would be on easy Street

We are far from the doldrums UpDown, pretty much at the 12 month high.

You are starting to sound like a deramper

If this deal hasn't already been finalised, signed and sealed, then L3harris need to work on their poker face. Play a little hard to get ffs, Pat can see where you are looking

I like the Google link also

"2. Qualcomm infotainment using DMS with eye-gaze tracking. First automaker might be JLR. Google Android Automotive might be developed on this platform. Could be absolutely huge."

Interesting choice of language

SEE 'are used'
"Seeing  Machines’ solutions are used by more than 200 commercial trucking and transport fleets worldwide. The company counts as its customers BMW, Daimler, General Motors/Cadillac, Jaguar Land Rover, Byton, Caterpillar, Coach USA, Veoneer, Transport for London, Progress Rail, and Emirates Airlines."

SeYE 'claims'
"Smart Eye claims that the feature set for its DMS is the most extensive of any system on the market. "

Phil, speak for yourself. I don't want SM to be like SEYE.

If I did I would hold SEYE not SM

Shares, are you being ironic, they are testing with 4 drivers, Ernst Express not Fedex Express, these guys couldn't even cope with my wifes online shopping

Thats the challenge Martyn set his team, as we look to be the next ARM holdings or the Mobileye of interior monitoring, in Sweden they look towards Canberra with envy.

Well for those who like to keep the score, now they are looking to launch a Fleet product we have a new metric to compare which is 'connected units'

Seeing Machines = 25,300+ (25,300 as at end Oct 2020)
Smarteye = 4 no not thousand, just FOUR

The biggest compliment they can give is is to try copy us, about 15 years too late me thinks

Announced today:
"Smart Eye Field Tests The New AIS Aftermarket Product - Raising Haulage Industry Safety Standards

Smart Eye, a leading developer of AI-powered Driver Monitoring Technology, is preparing for the launch of their new aftermarket DMS system by conducting field tests with haulage company Ernsts Express. Based on the test results, Smart Eye expects to gain valuable insights on how to raise the safety standards for the automotive aftermarket.

By studying a person’s eye, face and head movements, Smart Eye’s interior vehicle algorithms can draw conclusions about a person’s alertness, attention and focus. With the upcoming launch of our Applied AI Systems (AIS), Smart Eye will deliver a product developed for the automotive aftermarket, where the need for high quality driver monitoring systems is especially apparent.

Driver distraction and drowsiness are known to be among the most serious road safety threats, and the haulage industry tends to be at high risk. During long-haul transports, drivers often need to work night shifts, making them more prone to drowsiness behind the wheel. Meanwhile, smartphones are believed to be the culprit of an increasing number of traffic accidents.

Haulage company Ernsts Express has over 60 years of experience transporting materials to basic industries. And as transporters of hazardous goods, an accident could have serious consequences for humans and the environment alike. As part of their strategy for preventing accidents, they turned to Smart Eye’s system for detecting both driver distraction and drowsiness.

Over the course of November and December 2020, Smart Eye and customer Ernsts Express are conducting field tests, as four drivers are driving a vehicle transporting high risk goods equipped with Smart Eye’s driver monitoring technology. Based on this research, Smart Eye will evaluate and further fine tune their new solution for preventing distraction and drowsiness in commercial traffic."

TVG was announced via RNS in May 2019

"Seeing Machines has recently signed an agreement with UK distributor, The Vehicle Group ("TVG"), to help accelerate sales and installation rates across UK and Ireland. TVG has over 300,000 vehicles across Europe fitted with their technology and is a market leader in Automotive Camera Technology, Vehicle Safety, Telematics and Automation technology. TVG will complement the business development undertaken by the Seeing Machines' direct business development team and will facilitate accelerated installations across the region."