Member Info for Seeing-2020

"BlueCruise hands-free Level 2 driver assist tech coming to 500,000 vehicles in 2024. L3 ADAS coming to next-gen Ford EVs."

Https://twitter.com/mrlevine/status/1660633081592815616?t=K2kP7lBfGQ8EZS-P7QO1dg&s=19

Https://www.safestocks.co.uk/

I have a sneaking suspicion that the 333-plane deal mentioned in the infamous ‘Italian Job’ video will materialise fairly soon. My guess is that some analysts are keeping their powder dry for that announcement. In the meantime, I can imagine paper-thin ‘Chinese walls’ mean some salespeople are telling their very special institutional clients to: “Buy, buy, buy”.

Https://www.proactiveinvestors.com/companies/news/1015278/seeing-machines-a-bullish-tech-play-following-raytheon-partnership-1015278.html

Shore Cap has increased forward revenue guidance by up to 6%, with analysts noting that the tie-up with the “mega tier-one avionics supplier” will likely result in significant royalties that will outpace royalties in the automotive sector.

Phil, i don't see this as the same as CAT.

CAT

- Mining was by far our largest revenue stream back then

- we needed the cash as you point out

Collins

- Aviation revenue is tiny at this point

- we don't need the cash

- hence, I suspect the deal is more weighted towards the royalties than upfront, but $10m (A$15m) for a division with pretty much no revenue is very material

Deals like this take a long time, Paul and Pat would have been dealing with big hitters who may have felt the could bully the little guy, once again Paul has proved to be a great dealmaker.

Let's also remember this is all upside we have nothing in our forecasts by any broker for an Aviation deal, it should be an immediate upgrade.

Also, I fully expect at some point soon enough Paul will do the biggest deal and sell the company, this makes that much easier as it now 'cleaner' for any buyer.

The numbers of the deal will be material

- $10m (A$15m) license fee

- NRE

- royalties

Well done and worth the wait.

In a truck also

SM integrated into the Magna Mirror is a 'standalone' product, as deadlines approach for NCAP and GSR the more we see delays the more likely the Magna Mirror will take the lions share.

We have worked alongside Mbly on a number of our OEM wins, GM Supercruise was mbly as an example.

More importantly we have won VAG already via Magna Mirror, so they are well aware of our qualities.

Porsche might get the headlines but the volume is in the Golf and ID range of models.

My view is

- The large SoP is VW

however,

I also suspect we will have a large(r) RFQ win for VW, you don't cover a high % of VAG for A$125m.

VAG is the gift that keeps giving

Https://spacconsultants.com/israeli-co-autotalks-nears-2b-valuation-spac-merger/

Amberella is the Nextbase link

https://www.globenewswire.com/news-release/2020/01/06/1966434/0/en/Nextbase-Unveils-World-s-Smartest-4K-Dash-Cam-With-New-Life-Saving-Technology.html

https://www.carwow.co.uk/news/6613/new-bmw-models-coming-soon#gref

If my maths is correct we are seeing a decent increase in Fleet sales as the year progresses

My calc is (connected less previous qtr connected) - the movement in 'sold not connected'

Q1 515 units
Q2 990 units
Q3 3,150 units

* Q3 includes 1,294 units of replacement sales

DR, we have

- 10 OEMs
- 15 individual programmes, ie some OEMs have multiple programmes

seperate to that we have
- models in the production (previously 30 was mentioned)
- cars on the road, updated in quarterly updates

I am sure its the models and cars on the road that JT was referring too, if we had signed a contract for a design win programme it would be an RNS

Click on it a few times and it works

From 2h 52mins he speaks about regulatory

5) Lincoln

https://www.caranddriver.com/news/a43621406/2024-lincoln-nautilus-hybrid-revealed-details/

4) F150 Lightening

https://www.brandonford.com/blog/what-ford-cars-have-blue-cruise/

3) EVOS

https://www.motorauthority.com/news/1131971_ford-evos-debuts-in-shanghai-likely-to-replace-fusion-in-u-s