Member Info for Seeing-2020

S2030, Apple is the example I use myself when explaining the Seeing Machines business.

Apple have circa 30% of the European smartphone market, so they dont meet the criteria of the question.

I will repost the original question in the hope of some sensible answers, you will note I clearly state Europe and I clearly state "currently" when referring too market cap. So the petty comments are just that.

1. Mandated - Seeing Machines automotive product is mandated in Europe in July 2026. So all vehicles (4 wheels or above) sold in Europe must have DMS.

The ramp up in production will be before then as vehicles are produced months before being sold.

2. Market Share - in the recent investormeet pres Paul stated current market share is 50%.

So in the Mello Investor event I asked this question

"Can the panel name a company whose product is mandated and they have circa 50% market share"

I didn't really get an answer, one of then mumbled NVIDIA, personally I don't think NVIDIA product is mandated, but I will give them the 4.5Trillion example.

Same question to this group of esteemed investors?

Forensic, NVIDIA was the answer the chap gave on the Mello event, I don't think its correct as I don't believe they're mandated, but with a 4.5T market cap they might as well be.

Nobody on Mello or here can come up with another company that has the market share of SM (currently) and whose product is mandated (at least in Europe).

The best the best of the derampers can do is knit pick, hence my brackets added above.

I will accept an answer for any company that is "only" mandated in Europe, especially if they happen to be contract with the top 3 in Europe.

Isb, they have stated its currently 50%, prudently they have allowed for it dropping to "35% by volume, 40% by value"

Seeing2030, even SEYE don't claim to have 50% share currently, if they did they would have the same "cars on the road" as SM and even Martin K admits thats not the case.

So, none of you have answered the question with a valid answer, does that mean you can't even think of one company of all the companies in the world?

1. Mandated - Seeing Machines automotive product is mandated in Europe in July 2026. So all vehicles (4 wheels or above) sold in Europe must have DMS.

The ramp up in production will be before then as vehicles are produced months before being sold.

2. Market Share - in the recent investormeet pres Paul stated current market share is 50%.

So in the Mello Investor event I asked this question

"Can the panel name a company whose product is mandated and they have circa 50% market share"

I didn't really get an answer, one of then mumbled NVIDIA, personally I don't think NVIDIA product is mandated, but I will give them the 4.5Trillion example.

Same question to this group of esteemed investors?

Nick Di Fiore, very seldom posts or comments. A bit of a history lesson on Nick, after a long career at Ford and others, he created and led the $250m automotive business at Xilinx, before joining the then single digit $m revenue business at Seeing Machines.

His comment on the CB posting is worth reading :

"Kudos to the Tech Team at Seeing Machines for making the DMS Integrated Magna Mirror possible, while so may “industry experts” said it was not! Profound thanks to VW and Magna for giving Seeing Machines the chance to prove it!"

BDMS is a modified version of Guardian, it's a hardware sale only does not include monitoring, for that reason it has a much higher price point and margin %.

My guestimate would be something like $3-5k per unit sales price at 80%+ margin

We had our first BDMS win in 2018 and then nothing for years, most of us assumed it was dead.l, so this is all upside.

$1.8m of high margin sales are useful for a business thats striving to get to cashflow breakeven.

Decent BDMS win

US$1.8m Purchase Order as Global Autonomous Driving Leader Expands Use of Guardian BdMS

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announced that it has received an additional Purchase Order for the supply of Guardian Backup-driver Monitoring System ("BdMS") units to a world-leading North American self-driving car company.

The contract, valued at approximately US$1.8m, supports this customers' continued expansion of its test fleet across additional sites and locations in the US as the autonomous ride-hailing industry continues to grow.

While the integration of autonomous driving technology is progressing rapidly, safety concerns remain paramount and right now, the standard practice is to have a back-up driver present in these types of vehicles. Seeing Machines is uniquely positioned to support this evolution with its Guardian BdMS solution, bridging the gap between fully autonomous operations and human oversight.

Paul McGlone, CEO of Seeing Machines, commented: "We are delighted to continue supporting this important customer as they expand their autonomous vehicle test fleet across North America. This additional order underlines the critical role that Guardian BdMS plays in ensuring safety during the transition to fully autonomous transport. Our technology is designed to support robust human oversight while paving the way for future solutions, and we look forward to further opportunities as the industry evolves."

Seeing Machines had a medical device business back when Jesus was a boy, Nucora or something like that.

Tomorrow

InCabin

Keynote with Magna & Volkswagen | In-Cabin Monitoring with Fully Integrated Interior Mirror Camera | 9:30am

Thanks Chris, Paul has told us we are in Renault, well his language "we are in the top 3"

Top 3:

- VW

- Stellantis

- Renault

I assume what Nic Cotton was referring too last night

https://www.msn.com/en-us/news/crime/survivor-of-deadly-i-35-crash-files-100m-lawsuit-against-truck-driver-amazon-and-trucking-company/ar-AA1BpnTn?apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1

#McDelivery

Nick Cotton put up a good show.

He reckoned Gen3 sales in US would be driven by companies who had suffered litigation he had one example, namely Amazon

#Primedelivery #McDelivery

Totally agree, Paul told us they are in final negotiations for their "largest ever" Gen3 contract.

Thats not a leak, it was said publicly in the investormeet pres.

The P Mc entry is based on 20% qtr on qtr growth, which is what he has said is required for Q1 and Q2 to get to breakeven in Dec.

Latest entries, just so we avoid duplication

Cumlative cars on the road as at 30th Sept 2025, Q1 2026.

Qtr ending 30th June 2025 total was 3,730,201 with 488,294 in the quarter and increase of 36% from the prior qtr.

4,200,000 Robert

4,240,000 Hellaaa

4,278,111 Robcio

4,285,000 Sean

4,300,000 Ross C

4,301,234 David

4,312,241 Baz

4,316,154 Paul McGlone

4,325,919 James H

4,333,333 Colin B

4,339,020 Lew

4,342,000 Ma

4,344,444 PM44

4,345,621 Chris Menon

4,349,494 Faz

4,355,201 Numptypi

4 369,000 Hyms

4,375,414 GH

4,380,000 Joe

4 385 000 Hyperion

4,390,000 David C

4,395,000 Miles Jersey

4,400,100 Lewis

4,400,201 Abid

4,410,358 Shallweb

4,420,000 Mike E

4,432,123 Tim

4,433,000 Copper

4,440,000 Self

4,444,444 Hurlyburly

4,455,667 Simon M

4,466,000 Ben

4,450,000 Warren 

4,460,0000 Bernie

4,472,400 Ernesto

4,485,000 Stephen

4,492,000 TLS

4,500,000 Guy J

4,511,300 Doug C

4,513,333 Seeing 2020 

4,520,000 Alistair Smith

4,534,000 Klick  

4,554,321 Cella

4,610,000 Mike T

4,646,000 Baron 

4,665,000 Ed

4,696,969 David Isaacs

4,700,000 Lee P 

4,700,045 Aztec

4,738,157 Graham

4,750,000 Richard

4,757,000 Keith

4,750,000 John R

4,850,000 Cricket

4,950,000 Zequic

4,950,000 Mark

5,008,888 Andy 888

5,052,000 Mark T

5,100,000 TH

5,123,456 Eliko

5,250,888 Jona

5,437,000 L Gee

5,525,000 Jack

6,000,000 UUWG

This is meant as an opportunity for investors to take part if they wish, dont take it as an opportunity to ridicule. It closes Sunday 5th Oct 9pm UK time, no entries after this time.

Just reply with your entry

Https://www.linkedin.com/posts/seeingmachines_fatal-i-70-collision-in-ohio-prompts-safety-activity-7379017218837295104-R6i9?utm_source=share&utm_medium=member_android&rcm=ACoAAAhWlqEBEaKZMGs9u04O9Y3CNkklo_3oS_4