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Tube driver overran platform by 50 metres when he fell asleep at the controls on Metropolitan line train at 12.40am near end of 8.5-hour shift as unions blame 'punishing' rotas
https://www.dailymail.co.uk/news/article-11728591/amp/Tube-driver-overran-platform-50-metres-fell-asleep-controls-Met-Line-train.html

Cheers S2020

Over 100 more staff & 33% in last 10 months is hopefully an indication of what’s going on at HQ.

10 days to results so hopefully get a better idea then.

There might be more than one job with same though?

What is the latest headcount?

Private forecasts are dire, too. Consulting firm Oliver Wyman estimates that despite efforts to close the gap, airlines in North America will face a shortage of nearly 30,000 pilots by 2032. The supply of new pilots will grow, but not enough to offset a continuing wave of retirements, the consultant says.

The Air Force said it had a shortfall of about 1,900 pilots at the end of September. It is trying to increase retention and the training of new pilots after producing nearly 1,300 in the previous 12 months.

Fleet i cant wait hear update on 22nd hopefully. While Auto only starts ramping up this Year it seems lots of groundwork behind the scenes been going on last year or two.

Even at A$30 per month per truck 1 truck = about 36 Auto licence income & thats without any income from the hardware sale.

So now we have a mixed bag to penetrate the market

1. Direct sales--Like the Shell contracts
2. Mobileye
3. Eroad USA
4. Eroad NZ & Australia
5. Distributors Globally--12 atm
6. CAT
7. Truck manufacturers

If Cenkos had 300k + connections by 2030 before Mobileye then hopefully we will learn more after results and the USA event & an upgraded Cenkos broker report.

CFP
You contribute as much on here as i would if i went on a Women's Institute Knitting forum.

I really dont know why you bother wasting your time spouting nonsense :)

We have seen a partnership formed between Mobileye and Seeing Machines probably for an aftermarket #Guardian Gen3 system. We can tie together loose ends for how European #General #Safety #Regulation #GSR is met for #distraction #drowsiness monitoring in truck, bus, coach.

The secret sauce is Magna International, which has 15+ years relationship with Mobileye for #ADAS forward camera. Magna has expertise in thermal management and power efficiency working with complex #electronics and #machine #vision #algorithms in the headliner and mirror.

We can in the image how the vision #processing #ICs might be integrated in the #mirror. Add #CMOS image sensor, #IR illuminators & drivers for a module that can be #automotive qualified for #OEM and after-manufacture use for #driver and occupant #monitoring #DMS #OMS.

How to get type-approval for after-manufacture is answered by using a form factor that itself is type approved - the mirror. Add optional forward camera module attached to the windscreen to provide ADAS #AEB #LKA in a form factor also type approved. The “mirror” could be full display, but doesn't need to be an actual mirror. What matters is GSR compliance. There's incredibly clever engineering coming into view here.

The role of "co-designed optical path" is to bring all the #optical and vision components together in one module for automotive qualification, and to ensure power consumption within the power budget for operation in the mirror.

Let's spec a system: For ADAS, Mobileye EyeQ6Lite using OMNIVISION 8MP image sensor for forward camera. For DMS/OMS, OmniVision OAX4600 ASIC with #Occula #NPU and 5MP #RGBIR image sensor, with OSRAM 940nm #IRLEDs. Maybe Analog Devices #GMSL link between mirror and forward camera modules to connect the two.

Headline grabbing announcements in the press may be for hands-off/eyes-off operation, but Magna looks to be aiming for very high-volume #NCAP GSR compliance providing AEB with DMS/OMS both for after-manufacture and OEM installs, using mostly the same product.

The secret to success in automotive is economies of scale. By combining the leading technology suppliers of ADAS vision with interior sensing, Magna looks to have hit on a formula it will be difficult for others to match.

Colin Barnden surgically breaks down Mobileye #CEO's lecture at #CES2023: He introduced a newly framed "eyes-off, eyes-on, hands-off, hands-on" #taxonomy. It is said to be developed as Mobileye's prodcut roadmap across a full range of #ODD. Colin questions Amnon Shashua's claim: "You go to sleep. You can do whatever you like.” #automation #ADAS #AV

https://ojoyoshidareport.com/eyes-on-mobileyes-eyes-off-driving-claims/

Baxter

I think theres 2 or 3 types of investors on here.
1. New fresh younger ones dont mind waiting 10yrs
2. Mid termers in 40s/50s dont mind waiting 3-5 yrs
3. Over 50s just want a decent price soon to enjoy it.

Iam with you on whats the point of being rich dribbling in your soup. 2023/24 I want my reward for 10yrs of research.

Lets get through this next few months and news comes as a big buyer with a longer term strategy could pop up any time. Like the last 2 RNSs completely unexpected in their content.

40p/50p + will do most nicely iam sure but out of hands anyway so dont matter what we think/want lol

Shows theres money out there.

Geotab success “blows me away”, says CEO Neil Cawse

It has been a busy week at Geotab Connect in Orlando!
But we managed to catch up with a happy Neil Cawse, CEO, who shared the reason for his glee: GEOTAB announced a 60% increase of connected vehicles globally in just 3 years' time.

In 2020, when I spoke with Geotab CEO Neil Cawse at the previous Geotab Connect in San Diego, he proudly announced that his company had 2 million cars connected. We met up again at Geotab Connect 2023 in Orlando (that’s him on the left, me on the right), where he revealed that figure had jumped to 3.2 million. “That blows me away”, he says in an exclusive conversation with Global Fleet. But while Geotab is all about data, it’s about a lot more than numbers.

Interview by Steven Schoefs, Editor in Chief of Global Fleet.

From 2 to 3.2 million, that’s a 60% increase in just two years. Surprised?
“It actually blows me away. I knew Geotab was growing well, but then Covid hit. So to see this increase, largely during the pandemic, is a surprise. What it shows, I think, is that telematics really matters, and is growing in importance.”

Even so, I still see a lot of executives and fleet managers who don’t ‘get’ connected technology. They don’t see the value it can add, not just in terms of safety and sustainability, but also overall corporate success.
“You’re not wrong, but let me benchmark that impression a little bit: telematics has a 70% penetration rate in North American fleets, but just 40% in Europe. So that’s a very different landscape. And even though Europe is starting to catch up, many European fleets still think: I don’t need telematics. I can just as well run my fleet manually.”

https://www.fleeteurope.com/en/technology-and-innovation/global/interviews/geotab-success-blows-me-away-says-ceo-neil-cawse?a=SSC01&t%5B0%5D=Geotab&t%5B1%5D=Connectivity&t%5B2%5D=Telematics&curl=1

outh Korea’s LG Electronics wants to boost collaboration with US semiconductor manufacturer Qualcomm Technology into advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology, according to local reports.

LG Electronics, one of the world’s largest home appliance manufacturers, has been expanding aggressively into automotive in recent years. Last week it said it was targeting a 20% increase in automotive revenue to KRW10.3trn (US$8.1bn) in 2023.

The company’s largest automotive operations include Austrian lighting manufacturer ZKW Group, which it acquired in 2018, and LG Magna e-Powertrain Company, the EV powertrain joint venture with Canadian supplier Magna International.

LG Corporation also encompasses a number of other major companies involved in the automotive supply chain, including EV battery manufacturer LG Energy Solution, LG Chem, LG Display and LG Innotek.

The head of LG Electronics’ Vehicle Component Solutions Eun Seok-hyun was reported to have met recently with Jim Cathey, Qualcomm’s chief commercial officer, in Seoul to discuss ways of expanding collaboration into autonomous driving and ADAS.

Qualcomm was also expanding into semiconductors for autonomous vehicle applications which it saw as key to future growth.

The two companies have long collaborated in sectors such as onboard infotainment and 5G connected platforms.

Cathey said in a statement: “I appreciate LGEVS’ long term partnership with Qualcomm and I look forward to further strengthening our collaboration.”

https://www.just-auto.com/news/lg-qualcomm-to-extend-av-and-adas-collaboration/

Anything to learn from here?

Magna Announces Fourth Quarter 2022 Results and 2023 Outlook
Fourth Quarter 2022 Highlights

Sales increased 5% to $9.6 billion
Excluding foreign currency translation sales increased 13%, compared to a global light vehicle production increase of 5%
Diluted earnings per share and Adjusted diluted earnings per share decreased to $0.33 and $0.91, respectively, compared to $1.54 and $1.30 last year
Returned $131 million to shareholders through dividends and share repurchases
Raised quarterly cash dividend to $0.46 per share
2023 Outlook Highlights

Sales expected to continue to outgrow global light vehicle production through outlook period
Expect Adjusted EBIT Margin to expand by 230 basis points or more by 2025

https://www.investegate.co.uk/magna-international-inc./gnw/magna-announces-fourth-quarter-2022-results-and-2023-outlook/20230210100000H6741/

One of the alliances we announced last month.

indie to Acquire GEO Semiconductor, Inc.

indie has announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors for automotive cameras.

"It’s rare that acquisition targets are a perfect fit, but this is indeed the case with GEO. Camera processing is at the core of the majority of use cases within ADAS applications. indie’s acquisition of GEO Semiconductor immediately rounds out our Computer Vision product portfolio with field-proven, differentiated solutions, enabling us to capitalize on the rapid proliferation of automotive image processors. At a higher level, GEO is complementary in terms of products, customers and global sales channels while, at the same time, highly synergistic operationally with massive cross selling opportunities," said Donald McClymont, indie's co-founder and CEO. “Further, this acquisition completes our sensor fusion mosaic spanning Radar, LiDAR, Ultrasound and Computer Vision, bringing us a major step closer towards realizing our strategic vision of enabling the uncrashable car and creating an Autotech powerhouse."

To learn more, please read the press release: http://bit.ly/3YIIMJr

Darren

at 50p thats a nice Brucie Bonus lol.

Maybe the 2m buy was someone else doing same :)

I did aswell on the few tucked away in my ISA. They cant give the shares so give you in cash instead.

Buy a few more SEE with it. Brucie Bonus

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AIM:SEESource: Shutterstock
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, Seeing Machines Limited (LON:SEE) shareholders have seen the share price rise 79% over three years, well in excess of the market decline (6.1%, not including dividends).
After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals.

View our latest analysis for Seeing Machines

Given that Seeing Machines didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

Seeing Machines' revenue trended up 18% each year over three years. That's a very respectable growth rate. The share price gain of 21% per year shows that the market is paying attention to this growth. Of course, valuation is quite sensitive to the rate of growth. Keep in mind that the strength of the balance sheet impacts the options open to the company.

https://simplywall.st/stocks/gb/tech/aim-see/seeing-machines-shares/news/seeing-machines-lonsee-shareholder-returns-have-been-decent

The newer articles add driver monitoring in the text. Must be with ours then?

Fonterra has signed a five-year contract to install EROAD fleet management hardware across its fleet of more than 500 milk tankers.

The deal will see Fonterra make use of EROAD’s electronic RUC and in-vehicle driver monitoring hardware, as well as EROAD’s high-definition dual-facing dash cams, which can gather evidence that can help exonerate innocent drivers in the event of an incident.

“We’re incredibly excited to be partnering with such an iconic and important organisation here in New Zealand. Creating safer, more sustainable roads is at the very heart of what we do at EROAD, and it’s clear that Fonterra is equally committed to these goals,” said Mark Heine, EROAD’s chief executive officer,

Fonterra’s milk collection operation spans the entire country through its fleet of 500+ milk collection tankers and 1600+ tanker operators.

Malcolm Bailey, national transport transformation manager at Fonterra, said Fonterra chose to partner with EROAD due to its innovation across a number of products, including telematics, eRUC, and dash cams.

https://www.nztrucking.co.nz/fonterra-inks-deal-with-eroad-for-500-tankers/

Never thought about eye tracking missiles…

The F-22 Raptor that struck the Chinese spy balloon on Saturday was equipped with AIM-9X Sidewinder missiles, high-tech weapons that can lock onto a target just by tracking its pilot's eyes.

https://www.dailymail.co.uk/news/article-11714125/amp/How-200m-F-22-Raptor-shot-Chinese-spy-balloon-400k-Sidewinder-missile.html

The issue of single-pilot operations for commercial aviation has once again surfaced after a former Qantas Captain put forward the move to one pilot in the cabin of an aircraft is “entirely possible.”

With 32 years of experience flying Boeing aircraft for Qantas, former head of training and checking Matthew Gray has said that with innovative eye-tracking technology, single-pilot operations are indeed possible.

Gray has introduced eye-tracking technology to the Boeing 787 simulator, saying that it can improve the training process.

“It’s an extremely powerful piece of kit for simulator training because it shows where a pilot was looking when mistakes are made,” said Mr Gray.

https://australianaviation.com.au/2023/02/former-qantas-captain-speaks-out-in-favour-of-single-pilot-operations/

They bought a load recently ( few months ago) 5/6p ish from memory & close to limit of 20% i think?

Lets see if any RNS 2moro on buyers today?

A nice Auto RNS would go down well atm :)