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No, I mean an expansion to that one. Like the expansion to Ford one we had last week.
Chutzpah said 7m vehicles per annum. which would nearly account for the initial lifetime value in just over 1 year if basing it on $10 per car. So, in my opinion, 7m vehicles a year for the life cycle of the models would be a bigger increase in order value than the (assumed) Ford one and so would also warrant an expansion RNS.
Not sure what your posts are getting at?
Like that one but for a German automaker rather than a North American.
I hope we get an RNS saying something similar!
Not sure why it posted before I was finished:
But I don't think it matters either way for SEE, we need to win our share of contracts and get them to SOP. We need to take advantage of first mover advantage on Guardian and aviation.
If we do all those and reach profitability then I think it can definitely be a 10 bagger from here. Hopefully they're pulling out all the stops to succeed in all divisions!
I think EVs are the future, they are so much more efficient and I personally think they're better to drive and more convenient.
I understand they don't suit everyone right now depending on how many miles you do but over the next few years the uptake will increase as prices fall and ranges/charging improves.
Please don't listen to that Macmaster guy, he's all about getting clicks and engagement. He makes money from saying how bad EVs are while he drives around in his EV! If it was so bad he would have just sold it!
But I don't think it matters either way for SEE, we need to win our share of contracts and get them to SOP. We need to take advantage of first mov
You'll only get a reply from him at 2nd breaktime after P.E. and double Maths.
ShortWhacker this is going to be my last reply to you because it's clear what your intentions are.
"Self Titled - You didn't address the questions 1 - 5 which are important."
I did address questions 1-5 in my first paragraph. We don't need to discuss the relevance/safety/reliability of websites every time someone posts a link. You can do that scrutiny yourself without asking everyone else surely?
"You have partially answered the questions regarding Lane Change Assist."
Then I hope my answer helped you to partially understand.
"You have assumed I have little understanding of the technology. That is not a correct assumption."
My assumption is based on your posts and the number of questions you've asked over the last couple of months. You regularly seem to confuse overall ADAS with DMS as per your previous post:
"What if a situation develops on the road ahead that may not have been programmed into the software systems and the DMS makes the wrong decision? For instance, a vehicle comes out of a bend ahead and strays onto the wrong side of the road?"
You also ask questions like the ones below, showing you're still learning about the technology.
"Do you think it would be a good idea to put all driver assist and/or driver monitoring systems under intensely close scrutiny in order to find as many potential problems as possible?"
Answer: Seeing Machines has been developing the technology over 20 years and has 13 billion km of driving data. So to answer your question and put you at ease, Seeing Machines is already doing this and way ahead of all other competitors in this regard.
Do you think this process should be carried out as soon as possible?"
It already has been and is being carried out, maybe you could read the Seeing Machines website and ALL of the previous RNS to help you understand the company better and stop the need for you asking so many questions here. The answers to your questions are easy to find if you actually do some research but maybe your fear of unknown links is hampering your learning.
OK ShortWhacker I'll reply.
With regards to your fear of unknown websites and clicking links, I don't think it's relevant to the discussion of Seeing Machines. We don't need lectures every time someone posts a link. We're all grown ups here and can assess the relevance, legitimacy and accuracy of information that is posted ourselves. Members of this board do a lot of hard work finding information and posting it but it's up to individuals to review and analyse accordingly.
So skipping down to:
"That includes Lane Change Assist, allowing the driver to change lanes hands-free by tapping the turn signal once the path is clear"
"What is the point of having a system that allows or provides the function in quotes above?"
Because if you're driving hands free from the steering wheel on a motorway or highway you can just press the indicator to change lanes if you need/want to. It's much easier than taking back control of the vehicle.
B) "Why would any driver not be able to simply change lanes once the path is clear using their hands and the steering wheel?"
Firstly, you can do that in any car if you don't want to use hands free driving.
But if you're driving hands free the it's much easier to press the indicator once and let the car move when it's safe than to take back control of the wheel, check your mirrors, signal and move when safe.
You need to remember Seeing Machines is the technology that saves lives. It, alone, isn't the self-driving technology. It's the that one making sure drivers don't fall asleep at the wheel, it's the one making sure drivers aren't distracted, it's the one that enables hands free driving to work safely by ensuring drivers are ready to take over when required.
Seeing Machines is already potentially saving hundreds of thousands of lives a year based on the number of distraction events recorded. If you don't want to buy into that then that's your call but please don't come on here with very little understanding of the technology and try to stop other people buying into it.
Non-Bluecruise and Supercruise cars + BMW, Mercedes, etc. I assume
Are you saying 13bn km is not enough real world data for Seeing Machines (way more data than any of the competition)?
Is it possible to get someone banned from here for having no idea what they are talking about and spreading mis-information?
"It would be a wise move for Seeing Machines to work on a monitoring system that doesn't involve the rear-view mirror to cater for the manufacturers that will very likely want that."
Most of the SEE wins to date aren't even in the mirror!!!!
"The Magna rear-view mirror system is probably not going to be the most popular system because there is no need to monitor the occupants in any vehicle. Occupant monitoring will never be mandated, only the driver."
Occupant monitoring will become massive! It's helpful for child safety right now, it will be required more and more over time due to self-driving technology or driverless taxis etc. the mirror placement is best for that and currently SEE+Magna has the best solution on the market.
Based on his last post and clear ignorance of the company and technology, if you weren't already ignoring Shortwhacker it's probably best to do so from now on. He keeps proving time and time again that he's ill-researched and likely just here to disrupt and drown out the good research and posts by others. His motive's are clear and they aren't in line with a shareholder.
FINANCEmagic, can you confirm which thing that I said was factually incorrect?
But, I agree, we don't need to have too much EV debate here assuming our tech is adopted equally in both, lets wait and see what the majority of people are choosing for their new cars at the end of the decade and hopefully SEE will be in most of them!
"All the previously mentioned uses for eye-tracking, while important, are limited to small pools of customers.
For UK investors, one company that has to date flown under the radar is using the tech to potentially improve millions of people's lives daily.
That company is Seeing Machines Ltd (AIM:SEE, OTC:SEEMF).
Founded in 2000 with the core aim of “getting people home safely”, the Australian business provides OEM (original equipment manufacturers) with monitoring systems (DMS) that uses eye tracking to detect whether a driver has his or her eyes on the road – and, by extension – is cognisant of potential hazards.
Tapping into three unique markets - OEMs and the automotive industry, aftermarket fleets and aviation - Seeing Machines is one of the few companies producing eye-tracking products at scale commercially.
It has now won a total of 15 automotive programs spanning 10 individual OEMs, covering more than 160 distinct vehicle models.
Car parts manufacturer Magna has embedded Seeing Machines tech in rearview mirrors it sells en masse to the major car companies it supplies.
On the back of this success, investment analysts are starting to get excited about the company and its prospects.
The boutique investment bank Peel Hunt Ltd (AIM:PEEL) is one of growing fanbase.
Already working with leading car manufacturers the UK investment bank believes a new swarm of regulation could drive the stock.
“We are entering the regulation-driven second wave of DMS adoption, and we expect a rush to meet design deadlines in mid-2024 and production deadlines in mid-2026,” Peel Hunt said.
“For a business model primarily based on per-unit software royalties, this market inflexion should finally drive free cash flow.”
It depends on individual circumstances I guess but it generally saves me time because it takes about 10 seconds to plug in at home and then I don't waste time at services stations.
I would recommend test driving an EV before you buy your next car to decide. I suspect that in 2029 people buying new ICE cars will be the odd ones out by then.
Have you driven an EV seeing2022? They are definitely the future and will become the norm over the next few years. The charging infrastructure has changed massively in the last 7 years so will look different again in 7 years time. Same with charging times and vehicle range. Looking at the cars, charging times, range, number of chargers now isn't reflective of what it will be like in 7 years. I think getting an ICE in 7 years time will be like getting a Nokia 3310 after smart phones came out.
In terms of electricity, there are many possible solutions (particularly with smart charging) etc. though it would be helpful if this government actually invested more in renewables. Nearly 80% of new cars sold in 2022 in Norway were full electric, so it shows it can be done.
By then we'll all be rich from Seeing Machines so cost won't come into it either :D
The correction is saying SEK 4,455 million which is about £353k or 0.005 of a A$125m contract
Sing "5 billion takeover" to the tune of "5 gold rings"
https://www.railway-technology.com/sponsored/guardian-of-the-long-haul-galaxy/