Member Info for Seeing-2020

Worth reminding ourselves

27th Jan 2021 RNS

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 tran sport safety, has been featured at the Qualcomm Technologies 'Automotive Redefined: Technology Showcase' where the companies announced they would work together to design a leading driver monitoring system solution utilising Seeing Machines driver and full cabin monitoring technologies for Qualcomm® Snapdragon™ Automotive ****pit Platforms and for the Qualcomm® Snapdragon Ride™ Platform.
 
As a part of the relationship, Seeing Machines is working with Qualcomm Technologies to further optimise its technology stack for the Snapdragon Automotive ****pit Platform architecture and its acceleration hardware for automakers and Tier-1 suppliers. In addition, Seeing Machines' previously announced Embedded Development Kit (EDK) for the Snapdragon Automotive ****pit Development is now available to select Tier 1 and OEM customers

Indeed Philtronic, some people think it will take another 8 years

We can take the Rodney Stewart 'like' as confirmation that Colin is correct

Colin Barnden 02/01/2022

Cerence inc. Co-Pilot could be one of the most important #DMS announcements to be made at #CES2022. Cerence describes the functionality as:

"Serving as the central brain of the car, it analyzes a combination of voice, gaze, gesture, and touch input and information from the car’s sensors while flexibly and securely integrating edge technologies with cloud services to make driving more intuitive, connected, and enjoyable."

This tends to suggest Cerence has joined the Qualcomm automotive ecosystem, with Co-Pilot running on the third generation ****pit applications processor. That would imply Seeing Machines has become the DMS #eyegaze partner for Cerence, replacing Smart Eye already. Best guess is that all of this #technology will be showcased this week by BMW Group for the new #iX and #i4 running #iDrive8.

CES 2022 looks set to be a transformational week for DMS providers, with the technology finally making major headlines, leading to a step change in awareness of the leading suppliers. Stay tuned...

https://www.linkedin.com/posts/activity-6883402604102115328--cid

Cenkos 6th Jan 21:
The conclusion of the OmniVision license is highly positive news as it confirms the strong business case seen by OmniVision to invest in the development of an ASIC that is based on the Seeing Machines DMS accelerated by the Occula® neural processing unit. With the development costs of an ASIC for this likely to be around $10-20m, the development time around a year, and an expectation for and OmniVision to price its silicon competitively (we expect Seeing Machines to be targeting the same per vehicle software royalty of US$8-10/vehicle), we can conclude that OmniVision needs to sell multiple millions of units just to payback its investment. Furthermore, an attractive business case over say a 5-10 year lifetime is likely to be built on an expectation for millions of units per annum. This in turn helps support the vehicle unit assumptions in our DCF model and valuation. We reiterate our Buy and 8.6p target price.

Cenkos said development time a year, a year ago.

https://www.ovt.com/news-events/events/ces-2022

We will be unveiling something BIG this time at CES 2022. Join us virtually to celebrate with us!
We have prepared a fun-filled virtual party with many exciting executive announcements,
games, and prizes for you! Sign up and join now!

Our problem isn't
- is our tech good enough
- does our sales and marketing work
- will we beat our competition

We have one problem

- when will be allowed to announce our wins

I remembered wrong

https://www.qualcomm.com/news/releases/2021/01/26/qualcomm-revolutionizes-digital-****pit-4th-generation-snapdragon

"The new digital ****pit platforms will target start of production (SOP) in 2022. The broad automotive ecosystem can evaluate, demonstrate and develop solutions with the 4th Generation Qualcomm® Snapdragon™ Automotive Development Platform (ADP), which is expected to be available in the second quarter of 2021 (Q2’21).  

Lost, maybe we hear more from QC at CES

I think we know
- we are in Snap4
- we are in SnapRide
- QC had a recent win for BMW
- Paul said all wins announced whether QC or Tier One
- QC is significant, material and not in current business plan
- QC have stated Snap4 from 2025, but also mentioned an early adopter from 24.

It was hard to narrow it down to 22, but these are my picks for 22 RNS in 22, in order of timing

1. Product launch at CES, Omnivision or other partner.
2. Japanese OEM design win, - Honda
3. Aviation license deal
4. A$200m design win, probably Toyota
5. Half Year Trading update, very positive
6. Name Ford F150, Mach-E
7. Name BMW IX, I4
8. Win announced via Qualcomm
9. Transformational Fleet news
10. Half Year results- positive on outlook
11. Ford expansion RNS A$150m+ value
12. GM expansion RNS
13. Pipeline of auto design wins reaches A$1billion
14. VW Group design win / expansion
15. Year-end Trading update, beat analyst projections
16. Large contract with CAE, material $$
17. Year end results - profit making for FY23
18. Fleet reached 50,000+ installed base
19. 100p SP is achieved
20. Takeover bid.

You and JC take the research to a level most of us don't understand.

He does the patent mining and you do the explaining, so us simple people can understand

Best Researcher - Redini
Best Researcher in a supporting role- Terry
Intelligent investor of the year- TLS
Best data - The Lewbo Chart
Most amusing posts- Sandy
Price Prediction - Wilson
Moaner of the year - HAGD
Best RNS - VW Group A$125m
Best new investor- Magna International
Lifetime achievement award- JC, for services to patent research
Industry expert of the year - Colin Barnden

Lewbo also?

Old, can you add one for Redini please

Hr always tells me my 100p is pessimistic

Redini - 122p

Well done Wilson, I have you down as favourite to win again in 2022.

That's one years sales volume recalled, same as VW Group recalling 10m.

Maybe safety does matter after all

https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/michaeltaylor/2021/12/30/bmws-newest-evs-are-sold-out-for-months-ceo-says/amp/

Blue, around 70% of our shares are held by II, thats high for a realitivily small AIM listed company

- Federated Hermes supported the recent fundraise at 11p rather than cash out their 2.5x profits
- Lombard supported the placing and have a seat on the board
- Magna International invested $10m at 11p

https://bit.ly/3HnmEvq

Join us at CES 2022 where we will announce and showcase the latest automotive technologies and products, including the Snapdragon Digital Chassis – a set of cloud-connected platforms for telematics, ****pit, and driver assistance and autonomy. Qualcomm will display how it is enabling the next generation of mobility and automotive.