Member Info for Seizetheday

We have a pipeline of RFQ’s awaiting announcement this quarter as per PMG quote.

All this buying suggests we might be due some news later this month.

Hopefully we score big on one or two of them !

Terry ..had been tireless with his research & I imagine is appreciated across the board!

SEE ..is a complex jigsaw that needs all the pieces across all sectors to piece together. Terry & others are doing their best to give us the information we need 👍

Check out the floor plan every major player in aviation will be there !

Hopefully Collins will be showcasing our tech 🙏

https://floorplan.live/data/api/events/2334/views/28/pdf-external

I will be at the RTX/Collins Aerospace stand #1080 at the #dubaiairshow2023.

Looking forward to meet friends, colleagues and customers.

Let me know if at the event and would like to discuss anything #collinsaerospace #arincdirect #flightaware.

Munich. The BMW Group is maintaining its course for profitable growth in a volatile business environment. The company once again reaffirmed its leading position in the global premium segment, with a solid increase in sales to 621,699 premium automobiles in the third quarter and 1,836,563 units over the nine-month-period (Q3 2022: 587,744 units/+5.8%; 2022: 1,747,838 units/+5.1%).

The BMW Group combined this growth with a strong financial performance: The EBT margin for the first nine months came in at 11.9% (2022: 19.6%; Q3: 10.6%; Q3 2022: 11.0%), with an EBIT margin in the Automotive Segment of 10.3% (2022: 8.7%; Q3: 9.8%; Q3 2022: 8.9%). Excluding depreciation for BBA assets from the purchase price allocation, the EBIT margin was 10.8% in the third quarter(Q3/2022: 10.1%) and 11.4% (Sept YTD/2022: 11.7%) after nine months.

The company is still on track to deliver an EBIT margin in the Automotive Segment of between 9-10.5% for the full year and solid growth in customer deliveries. These gains are mostly expected to come from higher-priced models and fully-electric vehicles. By the third quarter, battery-electric vehicles accounted for 15.1% of total sales, already meeting the 15% target planned for the full year (2022: 8.9%/+69.7%). Over the nine-month period, the percentage of BEVs climbed to 13.4% (2022: 7.3%/+83.6%).

“Our third quarter showed once again that strong products generate strong demand – across all drive technologies. This puts us right on track to meet the higher targets we set ourselves in August,” said Oliver Zipse, Chairman of the Board of Management of BMW AG, on Friday. “In parallel with today's successful business, we are also setting the course for the future: With the BMW Vision Neue Klasse, we presented nothing less than the future of the car at the IAA MOBILITY. In this way, we are already bringing the mobility for the next decade to the roads in 2025.”

The growth trend for BMW continued in many of the world’s automotive markets in the third quarter: Compared to the previous year, the supply situation improved – making it easier to meet demand for vehicles. BMW Group deliveries trended higher in the main regions of the Americas and Europe, while Asia was on a par with last year. Germany and Europe made significant gains (Europe: 221,735 units/+12.9%; Germany: 68,569 units/+12.4%) and the US market posted solid growth of 7.7%, with a total of 92,218 vehicles delivered to customers (2022: 85,631 units). In China, the BMW Group delivered 210,659 units in China (2022: 214,565/-1.8%). From January to September, the BMW brand saw a slight increase in the market (+3.4%), thus exceeding the overall Chinese market development (+2.4%). Total BMW Group deliveries in China rose to 603,920 vehicles (594,089 units/+1.7%) in the year to the end of September. The slightly reduced increase year on year was mainly due to MINI model change.

The biggest increase was in deliveries of bat

Https://www.marketwatch.com/story/magna-international-shares-rise-10-on-3q-earnings-sales-beat-d7c6cc82

Another good reason to be invested in this space with a new Partner of ours:

In a vote of confidence, investors Seven District and Ludvig Strigeus have joined forces with Devant to inject a significant investment into the business. Together, and with the financial support from our investment partners, Devant will further establish itself as a leading figure within the synthetic data market.

The partnership with Seven District and Ludvig Strigeus arrive at a pivotal juncture in Devant's history as the company scales up deliveries to its in-cabin monitoring clients. The investment will give Devant additional resources to further expand the company's customer base and continue to drive innovation in the field of human-centric synthetic data.

As one of Sweden’s most reputable investment firms, Seven District combines a strong entrepreneurial drive with a wealth of experience, extensive expertise, and financial resources to accelerate the growth of tech startups in their initial phases.

In addition to announcing the investment, Devant also welcomes Niklas Ivarsson, partner at Seven District, as a board member. Previously, Niklas and Petra Hansson led Spotify's negotiations within the music industry, securing the licenses with labels, publishers and collecting societies. His extensive background in B2B roles within the automotive industry further enhances his expertise. This valuable experience is poised to play a key role in driving Devant's growth and expanding our customer network.

“Devant has in a very short timeframe developed a state-of the art technology, allowing for volumes of diversified high-quality synthetic data which drastically reduces development cycles and increases the quality of Machine Learning systems in life-critical environments such as in-cabin monitoring. By assembling a dedicated team of seasoned veterans, Devant and Richard have created a unique position, which Seven District is thrilled to be a part of. We look forward to joining Devant on its continued journey in this exciting space, says Niklas Ivarsson, Partner & Chairman of the board at Seven District and new board member at Devant.

"Seven District and Ludvig Strigeus emerged as the perfect investors for us. We firmly believe that their expertise will be a crucial catalyst in elevating Devant's capabilities in the years ahead. With our robust technology platform and an outstanding team, the timing is ideal for partnering with Seven District and Ludvig Strigeus as we pursue our mission to revolutionise camera-based Machine Learning development, enabling secure and reliable human-machine interaction," adds Richard Bremer, CEO at Devant.

https://www.devant.ai/news/seven-district-and-ludvig-strigeus-invest-in-devant

Significant Shareholders

Shareholder % of total Shares in issue

Lombard Odier Asset Management (Europe) 15.41

Federated Hermes 9.27

VS International Venture 8.92

Herald Investment Management 4.73

Richard Griffiths and family 3.84

Toronado Partners 2.96

Killik & Co 2.79

So far as the Company is aware, information above is based on notifications received as at 20 October 2023.

Magna Announces Date For Q3 2023 Results Call

Friday - November 3, 2023

8:00 AM ET

n automotive, the digital transformation of the industry continues to bring new levels of computing, intelligence and cloud connectivity to the

vehicle. these trends are driving new user experiences, advancements in driver assistance, autonomy and safety. they also offer the potential for

new revenue opportunities as vehicles gain the ability to evolve with over-the-air updates and digital services.

the vehicle is becoming software defined and the snapdragon digital chassis remain at the center of this transformation. we are pleased that our

digital chassis solutions will bring advanced capabilities to the upcoming cadillac escalade iq, which is planned for commercial production in

2024. the cadillac escalade iq will be equipped with the snapdragon ****pit, snapdragon auto connectivity and snapdragon ride platforms.

additionally, we're proud of our partnership with bmw for all vehicles as well as the upcoming neue klasse. we're also excited that the snapdragon

digital ****pit and connectivity solutions now power the new mercedes-benz user experience starting with the 2024 e-class sedan.

https://d1io3yog0oux5.cloudfront.net/_3f16d02223b493ad17154208f479612f/qualcomm/db/735/7325/earnings_call_transcript/qcom-usq_transcript_2023-11-02_q4fy23_final.pdf

GM reveals Ultra Cruise ‘hands-free’ system that covers ‘95 percent’ of driving scenarios

GM’s first-generation advanced driver-assist system (ADAS), Super Cruise, has been praised as a safer, more capable version of Tesla’s Autopilot, thanks to its camera-based driver monitoring system that ensures drivers keep their eyes on the road. GM says Super Cruise will “co-exist” with Ultra Cruise, with the former available in more “mainstream” vehicles, while the latter is reserved for GM’s luxury models. GM wouldn’t comment on the price customers will be expected to pay to add Ultra Cruise as an option on their vehicles.

Super Cruise, which debuted in 2017 in the Cadillac CT6 sedan, is capable of completely hands-free driving across more than 200,000 miles of divided highway across North America. It compares the vehicle’s position, taken from both GPS and onboard cameras, to its location in a lidar map collected by GM. Once the vehicle knows where it is and that it’s safe to activate, Super Cruise will take over both steering and acceleration.

https://www.ledinside.com/news/2023/11/2023_11_01_04

Nice find Terry

Worth a listen, what stood out 10 mins in that he started his career at Valeo in purchasing.

Hmm..who do we work with again ?? 😉😉

RTX reported better-than-expected quarterly earnings on Tuesday, as a strong performance at its Collins Aerospace business offset the hit from a major quality crisis at engine making unit Pratt and Whitney.

Hopefully this will trickle down to us one day!

https://finance.yahoo.com/news/1-rtx-beats-q3-estimates-115530485.html

Indie Semiconductor Announces Strategic Partnership with Seeing Machines

https://investors.indiesemi.com/news/news-details/2023/indie-Semiconductor-Announces-Strategic-Partnership-with-Seeing-Machines/default.aspx

A partner of ours :

Expands indie’s Growing and Class-leading Camera Video Processor Portfolio

Meets OEM Demands for Scalable ADAS Vision Architectures for Mass-market Deployments

Provides both Viewing and Sensing Functions via an Unparalleled Solution

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has expanded its automotive camera video processor portfolio with the commercial release of iND87540, a highly integrated system-on-chip (SoC) that enables viewing and sensing capability at the vehicle’s edge.

As government regulators, new car safety assessors and consumers demand higher performance driver and road user safety features, automakers are increasingly seeking camera-based Advanced Driver Assistance System (ADAS) solutions that enable volume scalability, across their vehicle classes. This demands a ‘distributed intelligence’ architectural approach to vision sensing, and high levels of integration coupled with low power consumption to meet the needs of mass market deployments. indie’s iND87540 was developed to address these challenging design requirements. iND87540 is also a preferred solution by end customers as a pre-processor for powerful central compute and provides real-time image processing for optimal detection performance.

Integrating real-time, on-chip image signal processing (ISP), digital signal processing (DSP) and customized hardware, the iND87540 enables viewing and sensing capabilities within the stringent power, latency and compact form factor needed for scalable vision architectures. The SoC provides computer vision processing that can run a range of algorithms, enabling ADAS functions including pedestrian detection, object detection, blind spot detection, cross traffic alerts as well as driver and occupant monitoring (DMS/OMS). indie complements this class-leading SoC hardware with value-add proprietary high-performance embedded algorithms such as auto calibration (AutoCAL®) and dirty lens detection.

“As OEMs strive to deploy vision-based viewing and sensing across their model ranges, distributed intelligence is emerging as a critical enabler for the proliferation of vision-based ADAS applications. Our launch of indie’s iND87540 is capitalizing on this industry dynamic: delivering high-performance vision processing, without sacrificing the power, cost and size demands of the volume market,” said Abhay Rai, EVP and GM of indie’s Vision Business Unit. “By incorporating real-time video processing with object detection into a single SoC, indie is paving the way for multiple vision-enabled safety and convenience use cases across OEMs’ vehicle classes.”

According to S&P Global, shipments of automotive electronic control units (ECUs) incorporating vision-based processing are expected to grow from 232 million units in 2022, to nearly 400 million units by 2027.

We are excited to exhibit at the ELIV trade show in Bonn today and tomorrow!

ELIV brings together industry experts and cutting-edge technologies from the automotive electronics sector. Visit Magna at booth 36 to explore innovative solutions shaping the future of mobility, including advanced driver-assistance systems and electrification technologies.

Join us in Bonn to discover the latest technologies and network with industry experts. See you there!

Worth reading his credential once again: We have a great CFO

Martin Ive served as Chief Financial Officer of the Company. Mr Ive has led Altium’s global finance function for over 15 years and has provided strong business support to Altium’s sales teams, while providing business intelligence to guide strategic and operational decision-making. As CFO, Mr Ive will work closely with the President to operationalize strategy and to drive high performance. Prior to joining Altium, Mr Ive held a senior management role at Grant Thornton; he is a member of the Institute of Chartered Accountants in Australia, holds a BA Hons (Accounting) from Portsmouth University, UK and an MBA from Macquarie Graduate School of Management in Australia.

Ok so can there be any material RNS news while Martin Ive is buying ??

We have a longer run way than our competition ;

Smart Eye only have $16 million to fund them to profitability according to Jan to June 2023 report.

Hmm ..is this the 300+ plane deal maybe ??

I look forward to announcing the first deal involving this launch product and am confident that this will lead to many new and exciting opportunities as our joint technology solutions evolve over time."