Member Info for terrym

Lucid Motors has only just started regular production of its first product, the Air electric sedan, and it hasn’t previously provided much detail on its Dream Drive advanced driving assistance system (ADAS) suite. Lucid has now revealed a few more details about the initial functionality of Dream Drive but much remains a mystery.

The perception system consists of 32 sensors to provide a full 360 degree view around the car. There are 14 outward looking visible light cameras plus another four that look down and around the perimeter of the car for the surround view system. That’s more cameras than found on any other current production model and even most automated test vehicles. Lucid is also including 5 radar sensors including a long-range sensor to look down the road and four shorter range corner radars for blindspot monitoring, cross traffic alert and cut-in detection.

https://www.forbes.com/sites/samabuelsamid/2021/10/12/lucid-launches-dream-drive-adas-update/?sh=49069faf1964

On the way to autonomous driving, interior sensors are taking on another important role. There will always be traffic situations that require the automated system to return control to the driver.

Designing this handover safely is a crucial task that self-driving cars have to master. Paired with sensor information and software, an interior camera can detect whether a driver is even able to take back manual control. “Automated driving allows drivers to do different things in their cars without having to focus on the traffic. This means that the system must be able to detect whether the driver is immersed in a book or even asleep, so that returning driving control is successful and safe,” says Naujack. Cabin sensing also plays an important role in autonomous driving, so that robo-taxis, for example, know at all times how their passengers are doing.

https://www.automotiveworld.com/news-releases/continental-cabin-sensing-interior-sensors-for-sophisticated-design-and-enhanced-safety/

I expect with all this going on behind the scenes. Cenkos might upgrade fleet value after results to at least $1.

Or could he be about to shock us with a big valuation I wonder?

Glan

As always the figures are end user. I usually put less discounts/distributor discounts in the post when quoting them figures.

Anyway another day you will be spitting feathers no doubt.

While everyone on here happy that a global sales & marketing plan for guardian is coming together, you will be trying to think why it’s all such a bad thing no doubt.

Glan

Hardware is A$2000 unit
Monitoring A$60 month
Installation by Distributor is $500 on top of $2000

S2020

20,000 installed over 4 years is still decent wonga!!

Hardware A$10 million PA
Monitoring Yr 1 on 1st 5000 units A$3.6m PA

Less usual commissions/discounts where applicable

Esco
hahaha i thought same. Is it working today?

This penny stock just signed a deal with Royal Dutch Shell!
by
October 11, 202107

ECONOMYEDITOR'S PICKFINANCE
Paul Summers | Monday, 11th October, 2021 | RDSB SEE

Image source: Getty Images.

A penny stock penning an agreement with a FTSE 100 juggernaut is a pretty rare thing. And when it happens to a stock I already own, I’m even more inclined to notice it. Hence, I was delighted to read the latest news release from eye-tracking tech firm Seeing Machines (LSE: SEE) this morning.

Ringing endorsement for this penny stock
As deals go, this is top drawer stuff. Today, Seeing Machines announced a global framework agreement with top-tier oil giant Royal Dutch Shell to provide its distraction and fatigue tech — otherwise known as Guardian — to the latter’s fleet as part of its overall risk management plan.

Given that its workforce covers an estimated 500m kilometres every year (and what they are transporting tends to be rather flammable), this agreement makes clear sense from a safety perspective.

Naturally, it will take some time to fully implement this agreement. According to today’s statement, the installation of Seeing Machines’ tech is likely to begin this year. However, the sheer scale of Shell’s operations means the rollout might take “several years“.

Still, an endorsement from Shell is hugely significant in my eyes. If you have one of the UK’s largest listed companies making it clear how much importance they place on driver safety, I think it’s fair to expect others to follow suit.

Naturally, it’s very easy to become biased on stocks one already owns. However, with the company being the global leader in this space, I do find it hard to be neutral on the outlook for this part of Seeing Machines’ business.

https://thekingofstocks.com/2021/10/11/this-penny-stock-just-signed-a-deal-with-royal-dutch-shell/

Not seen this before from Gentex.
Patent number 10345137 - Product family provides wide range of resolutions, 2MP, 5MP & 8MP

Even called it Guardian by Gentex. Coincidence? Not sure of the story?

First Driver Monitoring System from center sensor position

EYELID CLOSURE
Detects percentage of eyelid coverage of the eye

HEAD POSE
Identifies the angle of the driver’s head in 3 axes (pitch, yaw and roll)

HANDS ON WHEEL
Recognizes hands and fingers on/off wheel with grip classification

SMARTPHONE & INFOTAINMENT
Alerts smartphone usage & detects driver & passenger infotainment engagement

https://www.guardian-optech.com/

Good to see Sales & Marketing ramping up with this job.

About the opportunity

Aftermarket is a key business unit at Seeing Machines, critical in the overall success of the business. Working in alignment with business objectives of the Aftermarket team, Channel Manager APAC will represent the company in all activities associated with reseller/channel support and establishes strategies and methods to efficiently pitch and sell products to their customers, as well as build and maintain relationships with resellers to establish long-term customers. The Channel Manager APAC will also contribute significantly to the selection of new resellers, ensuring these businesses properly represent the product to the public and maintain the Seeing Machines corporate reputation.

You will;

Create and successfully implement a regional channel partner sales plan, successfully meeting sales and growth expectations.
Actively recruit distributors and agents to represent Seeing Machines in defined territories.
Maintain the existing Channel Partner client service including large corporate, government and private accounts.
Identify opportunities to grow the service business and evaluate potential market and new partner growth areas
Collaborate with external Business Development managers to work through future tenders.
Create and execute growth strategies around the end-of-life product replacement and service attachment.
Effective mentoring and guidance of channel partners, pro-actively managing performance to ensure channel partners performance consistently supports the achievement of operational and strategic goals.
Represent the company in all activities associated with reseller/channel support.
Prepare budgets and forecasts associated within areas of responsibility.
Offers solutions to customers in accordance with defined policy.
Analyse data to understand market penetration/asset attachment statistics
Comply with all work, health and safety obligations, actively promoting safety in the workplace.

Great outlook
Of course, today’s agreement is just one reason why I continue to hold the stock. Seeing Machines actually has its fingers in many pies at the moment. And, for me, the Guardian part of the business is actually the least exciting part.

The one that really grabs my attention is the huge earning potential of its automotive division. Back in August, the penny stock reported on the commencement of royalty revenues as over 100,000 vehicles loaded with its driver monitoring system (DMS) tech left showrooms. With the introduction of new legislation likely to boost demand, the company has already identified more than A$900m in potential revenue that it could/will now bid for.

On top of this, Seeing Machines has also been making moves into the aviation sector. This is the beauty of distraction-detecting tech — the sheer number of potential applications is hard to fully comprehend.

https://www.fool.co.uk/investing/2021/10/11/this-penny-stock-just-signed-a-deal-with-shell/

I loathe statistical averages because they are misleading. For example: “The average person has one breast and one testicle.” Across the population as a whole that statement is statistically valid, while also being anatomically stupid. But what really makes me furious is hearing AV executives spouting the “94 percent human error” garbage.

I am clearly not alone in my concerns about the AV industry demonstrating a loose relationship with hard facts. Writing on Twitter on October 4, Jennifer Homendy, Chair of the National Transportation Safety Board (NTSB) wrote: “Stop with the 94%!” followed by a link to a blog piece entitled “The 94% Error: We Need to Understand the True Cause of Crashes.”

Dissemination of the dodgy statistic is common and was even spoken by Waymo co-CEO Tekedra Mawakana in an interview published right after Homendy’s intervention. In it, Mawakana said:

“Really deciding that if 94-ish percent, give or take, of those are caused by human error, then we have the opportunity to innovate and remove the human from the equation.”

https://www.eetasia.com/lies-damn-lies-and-lethal-statistics/

Lewbo
I seen this today aswell.

Now the EQS is ready to order in the U.S. and the configurator is live:

https://lnkd.in/g2k9FPAW

Great to SEE our tech finally starting being made/launched and on the roads.

Schnorrer

Very good points there.

I cant believe that with all the legislation that will come in over the next few Years that SEE will only have 0.1% of the market in 9 years time.

You can see why SEE started advertising recently for a Fleet sales guy to set up/look for distributors.

Fleet is probably worth what our SP is atm to someone out there already.

So much upside to all 3 divisions to come iam sure.

So Cenkos says 313,000 connections by 2030. If we at 40k by end of calendar year 2021 then 30,000 PA average.

Not sure where the 16p comes from though?

A$60 month monitoring x 313,000 =A$225,360,000 Per year monitoring
Annual Hardware A$60,000,000

Both less commissions/discounts but thats got to be a tad higher than 16p surely :)

Once a global player installs safety equipment into its fleet then it pushes it down the supply chains. Like National express did to all its sub contracted buses.

I guess 10-20,000 units per annum should be where we sitting?

10 million KM per week travelled = how many vehicles in their fleet?

Glan
only a 50% negative post this time. Nice to See. We will find out one day i guess. Same as CAT doing light commercial, we dont hear much. See if they reply to my question about MIX/SEE on Mix site.

License maybe? From their site.

DRIVER-FACING CAMERA
The driver-facing camera detects driver events including seatbelt, fatigue, phone use, distraction and smoking.

Dash- or side-mounted
Detects AI driver events.
Black and white image with infrared LED illumination.
Detects driver's pupils even through sunglasses, at night or during low-light conditions.
Safe for driver’s eyes
920P @20 frames a second
Built-in microphone for audio recording

The Chief Engineer got excited about it so it must be good :)

Our Occula NPU is unique in the industry because it is Application Specific – meaning it is designed and #optimised for human detecting, tracking and measurement. The NPU has been specifically built with the primary task of highly efficient #processing of our propriety AI networks (SM_DETECT and SM_TRACK) without compromising accuracy or signal performance. So, when our team architected and built Occula, rather than building a generic NPU that is expected to be capable of executing any number of current or future CNN networks (with state-of-the-art a constant moving target), we have taken an algorithm first approach to the accelerator design that is optimised around our algorithms and the processing pipelines required to execute them. The result is highly efficient #silicon utilisation that does not force any processing or signal compromises. Occula also has a third pathway for standard NPU operations allowing us to make use of any remaining NPU bandwidth to execute standard networks such as MobileNet or Resnet. This gives us maximum silicon usage and a highly optimised platform to continue to squeeze the long tail of signals that our industry is demanding.

I’m really proud of what the team has developed with #Occula and I continue to be amazed at how much functionality we can squeeze out of the FOVIO Chip on the back of our Occula NPU processing approach. This is a great video showcasing further details of the unique processing approach we continue to employ.

All Countries looking closely at things.

Under the RTA, the driver of a level 3 ADS-equipped vehicle cannot use the ADS technology unless the usage conditions have been met.7 If the driving environment conditions no longer meet the requirements under the RTVA, the driver must take over. Therefore, the driver must be in a position to facilitate a prompt take-over.8

https://www.lexology.com/library/detail.aspx?g=b942dc99-a546-4419-8fce-a053aed6a850