Member Info for Seeing-2020

S2030, I don't need to watch a replay i was there in person and spoke to him, not sitting at home keyboard warrioring.

What he said was it went from zero to 100% almost overnight, so safety definitely does sell.

As ever S2030 talks total sense.

I think they should do away with NCAP safety ratings and rate cars on colour and spoilers.

Firstly, this isn't news it was announced on 17th June.

Cipia was in real trouble, and they have bought the Assets/IP rather than as a "going concern".

Don't see any impact on SM, Cipia have no auto DMS "cars on the road" CB said as much at TH.

This is similar to Gentex buying the IP of Guardian Optical a number of years ago and we still haven't seen any design wins.

The current set of RFQ (Paul said 8 at TH) will be a straight fight between SEYE and SM.

Https://www.amd.com/en/blogs/2025/amd-in-driver-and-occupant-monitoring-systems.html

"Automotive Tier 1 suppliers, such as Seeing Machines, have chosen AMD adaptive SoC...."

"Many OEMs have chosen AMD FPGAs and adaptive SoCs to be integrated into their driver monitoring system"

So "many" OEMs and only one supplier named

My view, its highly unlikely he is talking about Fleet KPIs, we know the target for the qtr is circa 6k, so clearly we are going to increase from last qtr.

The question was the typical final interview question of "what do we have to look forward too" he answered KPI's, in my view its including Auto KPIs.

Let's not forget Stifel also mentioned "looking forward" to the KPi's in their note the other day. As per comment in the proactive article on Friday "Stifel maintains its buy rating on Seeing Machines and says it is looking ahead to further updates, including the company’s Q4 performance figures due in early August."

From today's interview

Highlight for me

"I'm sure the market will appreciate a significant improvement from last QTR" - this is Paul talking about the KPIs

It may seem quick, but Martin told us at TH that we now receive monthly "flash reporting" so I can only assume Paul has seen enough in the first 2 months to make the "significant improvement" comment

As per the new video now live on proactive.

I wrongly assumed the MEAA pilot was with an MEAA customer, its actually with a Mitsu company. As per RNS below

"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, announces that it has launched a six-week pilot for its class-leading Guardian Generation 3 aftermarket solution with a North American Mitsubishi Electric company."

Sensible steps by Mitsu towards a takeover

- 6 months due diligence

- take 19.9%

- US Guardian agreement

- early success in US

- European Guardian Agreement

Cold, your point whilst exaggerated if partly fair.

We all know they have missed some targets/expectations.

That's my core point, design wins are by definition a promise of something happening in the future, SM have a great record of getting to SoP but can be delayed due to factors outside their control.

Design wins are jam tomorrow, a ramp up of a previously announced design win is jam today ans tomorrow and this qtr and ext qtr and next year and next 6 years.

The European mandate kicks in July 26 and we are ramping up production with the best selling OEM in Europe.

I agree with you it's unusual and huge

Firstly huge shout out to Chris100 for finding the evidence.

At the TH Martin told us we had 2 new programs going to SoP in the summer and most importantly VW was "ramping up" production.

Then we have the many videos posted by Chris100, proving the existence of the Magna/SM mirror.

Imo, this is bigger than any new design win.

Monday is the last day of the financial year.

Last year we got the CAT deal.

I expect news next week.

This is gping to go off like a rocket #ROMO

I agree with ISB.

Loads more contracts to come.

Welcome to the bright side

Yes, should read "9 months production capacity"

18k is 18 months current production capacity, and that's just MEAA and just North America.

At TH they said 7+ enterprise trials, that was before Mitsu so direct trials

I reckon Mitsu will be helping with production pdq

ROMO Friday

R= Reality not Fear

Brock, I do have a strategy, buy - hold - accumulate.

I will count my profit when the company is sold.

Brockwl, you have just lost any credibility you might have had left. You have spent years telling us why safestocks is wrong, today you take his view as gospel, why? because it suits your narrative today.

Say what you like about me, but at least I am consistent, never sold a share and never will.

Brockwl, what we need to be clear on is you have no evidence that VW is "likely to in be in all", if you have evidence please post. I suspect like your multiple negative posts when you sold, you have no evidence.

All that has changed is you are now buying back your small number of shares, blatant talking your book.

Not a good look.

Superb find, think that's the first deployment we have seen in the wider VW Group family.

I think its worth remembering the breakeven plan when considering todays RNS. At the Townhall the CFO presented a very clear plan to reach cashflow breakeven run-rate.

We entered the quarter starting 1st April with a monthly cashburn of $1.9m. Martin explained a very clear plan to get to breakeven

$1m = sales of Gen3 of 6,000 in a qtr, the fact we saw positive momentum in March gives a degree of confidence in these projections.

$1m = from the increase in qtrly "cars on the road", we need to get to around 700-750k per qtr to get this $1m improvement, predicted for the back end of 2025.

So any BMDS sales are upside and not part of the plan presented. $1.6m hardware sales at high margin, if I assume 80% (which may prove to prudent) is material in my view at ~$1.3m.

Cashflow breakeven is the key milestone and any RNS that moves that closer is material imo, and Waymo exciting than naming the customer.