The 3 Pillars30 Sep 2020 09:59
This strategy will be well planned and has taken years to put in place, lets now forget what Colin (ARM) Barnden said when it was announced "Maybe 5 days in 26 years as an analyst that I've seen something this big"
So on the 2nd Sept we announced 3 pillars
1) Xilinx Chip
Competition = zero, no other DMS supllier have a chip option
Moat = about 5 years, we RNS chip in Sept 16 and had been working on it 18 months + at that point.
" Seeing Machines FOVIO Chip (delivered in partnership with Xilinx) remains the highest performing, lowest cost market solution for standalone DMS vehicle"
2) e-DMS
Aimed at the likes of Qualcomm, great aim as 2 weeks later we got
"Anshuman Saxena, Senior Director, Product Management, Qualcomm Technologies Inc. commented: "We are excited to continue fulfilling our mission of providing automakers with comprehensive solutions for immersive in-vehicle experiences and active safety systems. Through our work with Seeing Machines, we are effectively integrating optimized DMS to provide streamlined solutions that assure drivers' attentiveness on the road, leveraging the stronghold of Snapdragon automotive platforms."
3) Chip companies
This is where we have our first license MOU, i expect we will have 4 or 5 of these license deals as it takes years and we are the only show in town.
Many things I like about this including it puts a $$ value on our IP, currently Stiflel & Cenkos base their target price on discounted future cash flows as IP is too hard to value. However the first of many license deals with cash upfront and 100% margin royalties forever more, mouth watering.
Thats the sound of Big Paul dropping the mic..
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