Member Info for Seeing-2020

Bidders circling Seeing Machines?

By the way, I’m still of the opinion that Seeing Machines is very likely to receive a bid from Qualcomm very, very soon. Indeed, one fund manager recently rang me to ask about a rumour he’d heard coming out of the US, regarding a possible takeover of Seeing Machines. He didn’t mention who it was or his source but, if I was Qualcomm, I’d get the ringer on Seeing Machines finger fast.

CES might be the perfect opportunity to announce the betrothal to the world. (I also believe SmartEye will also get bought in due course).

My logic? I just can’t imagine that Qualcomm can risk SEE’s tech falling to anyone else, given its importance to its auto stack offering. Look at how it outmaneuvered Magna to get its hands on Arriver. Certainly, Apple or Alphabet have the potential to outmuscle Qualcomm, as they must also know its potential worth. Therefore, I believe a lot of wooing is going on behind closed doors. 

By the way, has anyone dared tell Elon Musk that buying Seeing Machines might get Missy Cummings off his back?

My advice to Seeing Machines: “Don’t sign any pre-nup until you’ve seen the size of their respective wallets. You’re worth at least £10 billion!”

https://www.safestocks.co.uk/

"I believe Qualcomm is set to unveil a host of auto RFQ wins before Christmas, with Seeing Machines DMS/OMS in them. And yes, I’m convinced SEE has won Toyota and VW — I just can’t prove it. Certainly, I don’t hear SmartEye mentioning either company.

Regarding fleet, I believe the global Shell deal is set to be huge. I’ve heard whispers that it could be a caterpillar-style deal, with upfront revenues that will bring forward break-even. Though, with Shell in a quiet period, I can’t confirm.

Moreover, See’s fleet arm is making money, while SmartEye’s nascent fleet offering is still pre-revenue! "

Sometimes its what people don't say they as important as what they do say

My reading of this is they have lost the current RFQ, so describe them as "smaller" and make the focus about ones to come. We will see the size when SM announce them as A$100m is smaller than A$150m, but not "small"

"Three of the largest procurements of DMS to date are due for sourcing in coming quarters. Smart Eye is a force to be reckoned with in all three. There are also several smaller procurements soon to be decided in the near term"

Fleet is a hard business to crack, Paul Mc sorted it, made it profitable and is now landing big boys like Shell. Denso tried to launch a Fleet product years ago and got no traction. SEYE launched a Fleet product last year, but its hard to grow a Fleet business. Meanwhile we continue to gather real-time data on a daily basis and our lead grows and grows.

The current score
SM = 7.943bn KM (SM website)
SEYE = Zero (extract below from their results)
"While selling software to the world’s largest car OEMs is our main task, we also have the business unit AIS, developing an offering for the aftermarket and small OEMs. The system consists of hardware and software bundled together. We are still pre-revenue in that deliveries have not yet started, except that a handful customers have tested early production samples. We are making ourselves ready to start production ramp-up and deliveries for early next year"

Colin Barnden / Semicast Research
@semicast_res
Takata ending gives clues to

@NHTSAgov

enforcement. Also FAA grounded 737-Max fleet when flaws in MCAS were exposed; FDA pursued Theranos. Tesla ignored repeated @NTSB recs for ODD/DMS. There’s no way back from that. Forcibly add those to AP/FSD just = Super Cruise & BlueCruise.

https://www.autoevolution.com/news/tesla-bulls-panic-after-missy-cummings-is-named-senior-adviser-for-safety-at-nhtsa-172163.html

What Missy Cummings’ nomination brings to NHTSA is the technical expertise the agency was said to lack for many years. The researcher knows quite a bit about autonomous tech to dispute bold allegations about safety that end up making cars more dangerous in traffic.

The whole interview is good, but the Tesla bit at 45 mins where she explains what she thinks the regulation should do, Tesla should be very worried now

https://youtu.be/p065OPdmEa8

Anthony, I would ignore the post that appoints a South Africian as Mr America, however the post by Lewbo at 18:57 is as ever factual and informative

Seeing Machines
@seeingmachines
Congratulations to
@sscliff
and
@missy_cummings

on their nominations to serve at @NHTSAgov

. Seeing Machines looks forward to working with you both to improve #safety

Terry, NXP were on Colin B list of potential licensee

Its not rocket science to work out what tech Ford will put in every car they produce

https://www.prnewswire.co.uk/news-releases/ford-honors-veoneer-at-23rd-annual-world-excellence-awards-839397143.html

"We are honored for receiving Ford's Create Must-Have Products World Excellence Award for our state-of-the-art Driver Monitoring System (DMS)"

They added up the numbers by end of July, and we were told in the Trading update early Aug. Today we have been told "The Company expects the results to be in line with its Trading Update, published on 3 August 2021."

So no issues with the numbers

My conclusion is a material corporate transaction is being worked on and the results are delayed to allow time for it to conclude, such events would be
- acquisition
- takeover
- material license deal
- etc

Brock, "never mentioned by the company" that's not factual. You mean you have never heard it.

For example it was mentioned at an event attended by analysts and shareholders in London years ago, and regulation in Europe requires it in a few years time.

As for a "shareholder" expecting the sp not to rise for years, then why be invested?

Has he ruled out all other DMS suppliers, with his performance minimum?

https://www.eetimes.com/stupidity-damn-stupidity-and-lethal-features/

Below are four changes to U.S. federal highway safety policy I believe could be implemented in the short-term:.....

Robust driver monitoring installed on all new highway vehicles with four or more wheels. Performance minimum might include 2-megapixel CMOS image sensor with 940nm IR optical path, operating at 60 frames per second tracking head pose and eye gaze. Signals derived from monitoring driver’s glance patterns to provide assessment of driver attention, distraction (both cognitive and visual), drowsiness, engagement, and impairment.

Veoneer did name us in their press release at the time

Veoneer Selected by Global Automaker to Develop and Produce Advanced Driver Monitoring System

August 3, 2018
Veoneer has been selected by one of the world’s leading automakers to develop and produce driver monitoring systems comprised of infrared camera hardware, software and algorithms.

Veoneer’s driver monitor system will achieve best in class performance using a single state-of-the-art infrared camera and core technology from Seeing Machines. Veoneer’s design will enable continuous monitoring of the driver’s attention, eye and head position and can initiate an alert or action when the driver is fatigued or distracted

“We are delighted to have been selected to develop and produce this industry-leading driver monitoring system. Distracted driving is huge problem and we are proud to contribute to the solution with one of the most advanced driver monitoring systems in the world,” says Art Blanchford, EVP Marketing and Sales.

This order was mentioned in our financial report for the 2nd quarter 2018.

I me it looks like a perfect chart to explode, the pennants and wedges are poised and the flags are waving. Various shapes are forming including Triangles, my coffee Cup is overflowing and I just washed my hair with Head and Shoulders

BOOOOOOOOM!!!!!!!

Starts tomorrow 15th Oct 0800, you don't want to be out of this share over the weekend

BOOM, Rockets, BOOM BOOM BOOM

Terry, Ambarrella are a small chip co, they wouldn't be able to do DMS without a Tier 2, no clue if it's us but they would have someones tech inside

Good to hear from you, Shell Oil who would have thought it?