Member Info for terrym

Changing emission standards, environmental and public concerns, increased road accidents and new technology are driving the biggest change automotive has ever seen. Delivering the sustainable, consumer loved, and actively safe vehicle takes time and money, but you only have so long before another competitor wins market share.

OEMs must make technological leaps in both electric vehicles and more-efficient internal combustion engines, whilst advancing autonomous tech to achieve zero road fatalities.

https://www.autovision-news.com/event/the-car-of-the-future-summit-2021/

Existing advanced vehicle safety technology, such as driver monitoring systems, automatic emergency braking and lane-departure warnings, can dramatically reduce crashes like the three described above — and the thousands of others that are a result of drunk, drugged, drowsy and distracted driving.

But only if the technology becomes standard equipment in new vehicles. When technology — underwritten by standards, bolstered by oversight and backstopped by accountability — can annually spare tens of thousands of families from tragedy, our federal government must act.

Federal legislation requiring objective performance standards based on data collected from driverless cars being tested on public streets can provide a path to this future. Yet Congress seems poised to do little, or nothing, once again. It is time for policy makers to reconcile the notion that the long-term viability of the driverless vehicle industry and keeping public roads safer now with incremental improvements, federal oversight and legal responsibility are not opposing ideas but necessary partners.

There is no question the U.S. can lead in the coming era of vehicle innovation while improving safety for all drivers, passengers and pedestrians. Success in this ambitious task will require moving forward quickly with existing safety technology and dispensing with the idea that innovations, safety and accountability are incompatible when, in fact, each is integral to the long-term success of the other.

https://techcrunch.com/2021/06/14/for-vehicle-safety-the-future-is-now/

DMS will be needed no doubt...

DETROIT -- Hyundai Motor Co. has accelerated efforts around developing air taxis and will offer services around those vehicles rather than just selling them, the South Korean automaker's COO told Reuters.

Hyundai is ahead of the timetable it previously laid out for the rollout of urban air mobility vehicles, also known as flying cars, Jose Munoz, Hyundai's global chief operating officer, said in an interview broadcast on Monday at the Reuters Events Car of the Future conference.

Munoz, who is also CEO of Hyundai North America, previously said urban air taxis would be in operation at major U.S. airports by 2028, maybe earlier. The executive told Reuters on Monday it could possibly happen before 2025.

https://www.autonews.com/mobility-report/hyundai-accelerates-air-taxi-efforts-coo-says

Autonomous driving is a major goal of General Motors in the short and long term. He demonstrated this by working on the Super Cruise system, which is a flagship of the technology of the American car group. Even if the research continues, we are not yet close to the moment in which we will let the cars drive a system totally integrated with the road infrastructure: we can however exploit its very first potential for short distances and with a lot of attention, which is why we are still in the low on the list of possible autonomous driving levels.

Level 5 is not yet a realistic goal: it will be in the future, once the bureaucratic obstacles that arise in the face of technological progress have been overcome. Caspar Winkelmann, Cadillac Europe’s head of marketing and product planning, explained to us at the Milan Monza Motor Show 2021 why General Motors believes in autonomous driving and why it is a long, long run.

https://www.italy24news.com/sports/motorcycle/45313.html

MIT researchers had 14 different participants drive Super Cruise-equipped Cadillac CT6 vehicles for one month each and used onboard cameras to observe the drivers’ behaviours and the traffic scenarios they were in. They then used this footage to record driver disengagements, which is when the system must turn the controls back over to the human driver, as well as transfers of control that were initiated by the driver themselves.

Researchers found humans would willingly retake control of the car to execute certain maneuvers that Super Cruise couldn’t, such as lane changes. The researchers said these scenarios happened more often than they expected, signifying a high degree of cooperation between the technology and the driver.

“In the back of my mind, I thought that drivers would probably put the automation on when the system was available and then disengage it when they got off the highway,” Pnina Gershon, the study’s lead author, told Automotive News in an interview. “That was my expectation. But it’s surprising there’s a high degree of collaboration between the driver and the system, even though it’s hands-free driving.”

https://gmauthority.com/blog/2021/06/super-cruise-users-remain-alert-behind-the-wheel-study-finds/

7 more Sims in play close to commercial agreements! Good Qtr 4 in Fleet.

Very pleased with that interview.

Lets hope with CAE & L3 there some business gets done on Weds.

???? ?? WATS 2021 in Orlando, Florida is fast approaching! If you're attending the event on June 15/16, then come and say "hello" to our team on Stand 313 who will be on hand to discuss how we can help support your pilot training requirements ??

The full line-up for the conference ?? https://lnkd.in/gfhucek

https://www.linkedin.com/posts/l3harriscommercialaviation_pilot-conference-world-aviation-training-activity-6810138109376765953-Rv5l

Driver monitoring systems
Presently, NHTSA does not regulate how automakers and AV technology companies monitor driver engagement. The NTSB has strongly criticized what it calls NHTSA's "hands-off" approach. Many vehicles with advanced driver-assistance systems use an inward-facing camera to track eye and head movements, to ensure that the driver pays attention to the road while the system is engaged and to provide visual and audible alerts when they don't. When a driver does not respond to these alerts — perhaps because of distraction, fatigue or a medical emergency — some systems may even pull the vehicle over to the side of the road.

In 2020, the NTSB recommended the use of driver monitoring systems in vehicles with Automation Level 2 technology as a means of promoting driver engagement, but such systems are not presently mandated in a uniform way. If enacted, the SAFE Act would require the Transportation Department to decide if such systems should become mandatory in all new vehicles. Automakers would then have two years to comply.

https://www.mondaq.com/unitedstates/rail-road-cycling/1078624/nhtsa-may-have-to-take-the-wheel-on-automation

Whilst we have found a new technician, applications are still open as our business continues to grow!

https://www.linkedin.com/posts/installation-solutions-australia_field-technician-gps-tracking-and-safety-activity-6810126636072210432-IH8v

10-Jun-21 16:43:12 9.60 500,000 Buy* 9.40 9.60 48.00k

One more popped up after aswell

Lets hope the next contract with CAE is bigger or the L3 one is juicier :) Still plenty of news due so heres hoping we end on a good Friday

10-Jun-21 16:43:12 9.60 500,000 Buy* 9.40 9.60 48.00k O
10-Jun-21 16:41:13 9.4338 500,000 Sell* 9.40 9.60 47.17k O
10-Jun-21 16:20:47 9.50 500,000 Unknown* 9.40 9.60 47.50k O
10-Jun-21 12:44:39 9.50 2,500,000 Unknown* 9.40 9.60 237.50k O
10-Jun-21 12:15:22 9.50 1,500,000 Unknown* 9.40 9.60 142.50k O
10-Jun-21 15:55:12 9.445 300,000 Sell* 9.40 9.60 28.34k O
10-Jun-21 16:35:21 9.50 2,830 Unknown* 9.40 9.60 268.85 UT
10-Jun-21 16:29:40 9.44 100,000 Sell* 9.40 9.60 9,440 O
10-Jun-21 16:17:41 9.44 61,697 Sell* 9.40 9.60 5,824 O
10-Jun-21 16:10:32 9.525 100,000 Buy* 9.40 9.60 9,525 O
10-Jun-21 16:10:06 9.4075 500 Sell* 9.40 9.70 47.04 O
10-Jun-21 14:53:06 9.70 500,000 Buy* 9.40 9.70 48.50k O

Decent video in the link.

In fact, a camera will monitor drivers and detect if they aren’t paying attention, MotorTrend reports. If a driver doesn’t respond to alerts in a certain amount of time, Teammate will safely stop the car, turn the hazard lights on, contact emergency services, and unlock the doors. Plus, like Tesla Autopilot, Teammate will get over-the-air updates, which may help improve its functionality.

https://www.motorbiscuit.com/toyota-lexus-finally-catching-tesla-level-2/

Wonder if we involved in anything?
Qualcomm adds 7 new chips to power IoT installations in retail, warehouse and manufacturing sectors

"Companies need highly capable cameras and AI compute capability and connectivity to provide these services," he said.

The chips can support a variety of activities, according to the company, including:

Integrated connectivity
Sensor fusion
Person identification and detection
Object detection
Edge interaction
Activity analysis
Personalization

https://www.techrepublic.com/article/qualcomm-adds-7-new-chips-to-power-iot-installations-in-retail-warehouse-and-manufacturing-sectors/

The Occupant Monitoring System (OMS) helps alleviate some of the pressures of a busy lifestyle by ensuring that people, pets and important objects are not left behind int he vehicle.

With the ability to tell the difference between occupants and cargo, OMS detects and alerts if something is left behind when exiting the vehicle.

https://www.linkedin.com/posts/joyson-safety-systems_the-occupant-monitoring-system-oms-helps-activity-6808428224591253504-XnB_

If you're looking for yet one more sign that the automotive industry is making a shift to electric vehicles, look no further than Ford's 2021 production numbers. So far this year, Ford has built more electric Mustang Mach-E crossovers than gas-powered Mustang coupe and convertible models.

Ford builds vehicles with the Mustang name in two locations. Gas-powered Mustang two-doors are made at the Flat Rock Assembly Plant in Michigan. The electric Mustang Mach-E crossover is built at the Cuautitlan Stamping and Assembly Plant in Mexico. As first reported by Bloomberg, through the end of May, Ford built 27,816 Mach-Es and 26,089 standard Mustangs. The Mach-E was introduced last year, so this is the first time Ford has made more electric than gas ones.

https://www.caranddriver.com/news/a36651347/ford-mustang-mach-e-vs-gas-production/

Cant wait til we announce this one :)

If the electric version of this iconic American vehicle gains a foothold among car buyers, it could be a breakthrough for sales of green vehicles and scaled-up development of green technology in the automotive sector.

The F-150 isn’t just any pickup, after all, it’s been the top-selling truck in the U.S. for an astonishing 43 years, and the top-selling vehicle of any type for 38 of those years. Ford sold an average of 900,000 F-150s per year over the past three years.

If Ford sells enough of its electrified model — which is calling the Lightning — it will put pressure on other manufacturers to up their game in introducing electric vehicles.

https://lasvegassun.com/news/2021/jun/09/ford-lightning-may-be-whats-needed-to-drive-up-us/

That 250k if its the same person or organisation has been around for a while ive noticed and others said it to me aswell.

If your cashing your chips in for your funds bonus or a new house and bought at 2-3p then they may be happy.

Seeing2020

When you realise how good the No3 is you realise that No1 & No2 are even better.

Warren Buffets private jet is being safety checked as we speak for the meeting no doubt :)

https://www.flightsafety.com/about/company/company-history/

Considering Aviation has no current value in the Brokers forecasts I wonder if any other brokers will add a value to it?The potential is truely massive..... My favourite line.

we note our current valuation of 16p, which assumes no revenue or value for the aviation business, is looking increasingly overcautious.

Comment:
This first deal with CAE is a significant milestone in the development of a high value aviation technology business. We believe the end customer is most likely the Royal Australian Air Force as there is a demonstration of the technology in a Hawk simulator at a RAAF base on YouTube that was posted in February 2021. Importantly we believe this deal for three simulators is likely to be for a single aircraft platform and will be split into three elements: NRE, equipment sale and O&M. Specifically, the NRE will integrate Seeing Machines software into CAE workflows developing joined capability and understanding for integrations on systems for other aircraft simulators. Assuming a crude equal split of value between each of the three elements implies a value for each eye-tracking hardware installation of over A$100k, providing a clear demonstration of the high value the Seeing Machines technology achieves in this sector. Whilst this deal is with CAE Australia, it is likely to have full visibility of CAE’s Canada Headquarters, especially as CAE recently (March 2021) acquired the military training business of L3 Harris for $1.05bn. With many multiples of fighter aircraft and simulators in North America, today’s deal could help unlock a significant licensing deal between CAE and Seeing Machines to service this customer base. Lastly, there are other aviation segments for Seeing Machines to progress in despite the ongoing challenges of the pandemic to commercial passenger planes, with business jets and freight aviation fully recovered. Following today’s deal and the MOU with L3 Harris announced in October 2020, we note our current valuation of 16p, which assumes no revenue or value for the aviation business, is looking increasingly overcautious. We iterate our Buy recommendation.