Member Info for terrym

The F-Series is among the most valuable consumer products in America, generating more revenue than many well-known companies in 2019.

https://www.linkedin.com/posts/ford-motor-company_the-f-series-is-among-the-most-valuable-consumer-activity-6714566615951794176-a1Sc

Be interesting to see the new learning module on 28th October to see if added eye tracking? Theres a possibility from last year article. Lets hope Boeing have taken it up? With what happened Iam sure Boeing want the best training methods possible......

During PACDEFF, Seeing Machines and Boeing jointly briefed the early results from trials conducted with Seeing Machines tech on a B737 simulator at Brisbane Airport.

https://www.airmedandrescue.com/latest/long-read/power-eye-tracking-technology-pilot-training

Also

https://www.seeingmachines.com/wp-content/uploads/2019/09/SeeingMachines-HUD-WhitePaper-web.pdf

Though no final training program has been approved, American told its pilots to plan for sessions that will begin in November and consist of a distance learning training module that will last around 1 hour 40 minutes, as well as a simulator session entailing a 1-hour brief and a 2-hour sim event.

The airline plans to release the distance learning module by Oct. 28 and train about 1,700 pilots in November. It expects to complete all of the training by the end of January 2021, the memo said.

https://www.nasdaq.com/articles/american-airlines-to-begin-boeing-737-max-pilot-training-in-nov-memo-shows-2020-09-21-0

Brock
I try not to pluck anything from thin air as iam a rubbish catcher :(

The 6 month period ending Dec 2019 was 750 units month. The Jan - June 2020 period was nearly 3000 units, so 500 units month. Considering nearly 50% was Covid restricted thats not bad.

As got back up & running in June, and from whatif had down for July/Aug on data, you would expect them 2 months to be higher as catching on installs from 2/3 months where no installs, or very minimal installs took place.

In Jan 2021 we will know the figures for the 6 months to Dec 2020. I would expect a low of 3000/3500 units & a high of 5000-6000 maybe. Not sure on expectations from SEE atm though as not seen anything?

Even if based on your 650 month average its still a nice number....

Units & Installs A$ 9,750,000 Retail
Monitoring increasing per month after install A$ 42,250 = A$ 507,000 P.A.

Glandore

Yes your perfectly right, well spotted. Iam thinking last half year finished June but the proper results your referring to are the ones ending Dec 2019. I hate accounts starting mid years.

Be great to see what the actual figures are from July-Dec 2020, without loosing 2/3 months out of it with Covid restrictions slowing installations.

Glandore

Yes thats slightly better using that average but what happened in reality because Covid was Jan/Feb was prob ok then March/April wiped out. Then half of May aswell & the last 6 weeks started again.

So 2 months of sales had 4 & 5 months income, 2 months of nothing, 1 month of 1 month and Prob June with nothing.

So may of been well behind by end June & then catching up July/August. Then that would tie in with Whatifs amazement at July Aug looking more like over 1000 per month i think he said.

The next half figures to Dec 31st will clarify the situation more as we know we started on so full 6 months monitoring then add in average of a decreasing monthly.

Glandore

This is where the figures get a bit messy to interpret and unit costs look lower than reality as its a rolling figure. The 6 months based on 20,000 units was only correct at the end. So start at 14,000 units for ease.

If you base it for ease on 1000 units month for them 6 months, then the 1st month of that period would of been 15,000 units, 2nd month 16,000, 3rd month 17th so on & so forth. So in the figures you are only seeing Monthly income from the previous months sales. The last 1000 installs would show now monitoring charges so when you divide by 20,000 the averages dont work out unless you had 20,000 to start the period.

Hope my waffle makes sense lol

Gosh

Its prob same as Fosters lager. The Aussies make it but dont drink it. Only sell it to others.

Tesla aint got DMS yet if your a punter but Elons driving around with the safest one with SEE DMS in.

Glandore

Thats interesting. I would expect the $500 install charge to go straight to Distributor. Then the $2000 distributor discount of X and i would presume a small % of the monitoring fee would be normal business practice.

Hyms

It was posted somewhere recently. Always in Aussie Dollars. Ive not seen UK prices posted anywhere so cant comment, but most business atm is down under anyway.

A$2000 hardware
A$500 installation
A$65 month monitoring fee

Just waiting for some news on that excited insurance company now. Hopefully them 277 offices will be packaging up a deal on discounts for installing Guardian on a 3/5 yr contract and be free or even a cost saving on your insurance.

Who wouldn't install one?

Wilson

The other day I posted the clip from the warehouse, packing guardian units to go out the door from only 1 distributor. Selling for $2000 each & dont forget buying them for 21% cheaper now aswell.

$629,760 income for 12 months on them 3 pallets of 192.

So based on only 500 units per month installed Globally that adds $1,640,000 onto the 12 months turnover. More realistically it seems adding closer to 1000 units month atm.

Any business that adds $1,6m to turnover every month based on 1000 units is certainly not to be sniffed at.

Obviously there's unit costs, installations & commissions to come off that figure. Even so it soon ticks up.

Hyundai Mobis Develops Driver State Warning System Monitoring Driver's Gaze Direction, Expected to Prevent Big Traffic Accidents.

With 3 Majors up for grabs lets hope one of them is Hyundai Mobis as that could be 1st commercial factory built system?

- Mobis developed a driver state warning system featuring eye tracking and facial recognition, and will apply it to commercial vehicles for the first time in Korea

- To be fitted in major Korean mid/full sized commercial vehicles from 2021... Eventually to be extended to buses and sedans

Hyundai Mobis announced on the 14th that it has recently succeeded in developing the cutting-edge Driver State Warning (DSW) system, which accurately analyzes the driver's facial biometric data and warns about careless driving situations, and that it will supply it to main mid/full sized commercial vehicles for the first time in Korea as of 2021.

Existing driver state warning systems, which have been applied on a limited basis to some premium sedans and commercial vehicles, could only recognize the direction of the driver's face and the opened or closed state of their eyes.

The new DSW system developed by Hyundai Mobis is the most advanced-in-class product that offers a new level of careless driving detection accuracy through driver identification based on facial feature points such as eyes, nose, mouth and ears as well as eye tracking through pupil recognition.

https://www.businesswire.com/news/home/20190716005363/en/Hyundai-Mobis-Develops-Driver-State-Warning-System

PM44

Like anything theres usually a market. SEE will look at scalable stuff like VR headsets, Computers, robots, phones if asked iam sure but wont waste resources on something that has no scalable benefits iam sure.

Numpt

Had an interesting meeting with a Director at Intel technology last Week discussing applications outside transport not mentioned before too much with the tech.

Picked his brain & gave him loads examples that me and another SEE holder had thought about for scalable solutions. Security entrance systems for offices, prisons, factories, cars instead of keys. Big buildings with current keypad entry systems, card systems etc. Especially sensitive security areas within a complex. Hotels, Factory delivery areas etc.

Home security instead of keys, computer games, Menus , catalogues, shop window displays were about 20 various things discussed. At times he looked really impressed with our waffle & nonsense though lol

PM44

Loads of applications that iam sure we can work on but needs to be scalable. With Paul going for Licensing deals hes looking for millions or 100,000s of units. All this stuff has examples with Tobii and its interesting.

Mobile phones, computers, security systems, robots, AR/VR etc we may get a call & more so from Q if anything. Sure something will pop up or Cenkos wouldn't of said what they did ;)

https://www.tobiipro.com/?creative=411561111356&keyword=eye%20tracking&matchtype=p&network=g&device=c&gclid=CjwKCAjwwab7BRBAEiwAapqpTDtazKuq881b1tGX72UUDkrvZIIpN5xxbwsxYR1owtCCH7p56fmIChoCVQEQAvD_BwE

https://www.tobiipro.com/applications/marketing-user-research/shopper-research/

Fonzoo

I spent an hour or so with 2 Bosch guys at CES show in Vegas in Jan. They seemed to think DMS was still SEE & said they had customers already with it. Seemed genuine on it.

Cheers

Terry

Red

Yes totally agree. Just depends if talking just DMS basics or better. Sure once protocols come out we will mop up in most/all the hands free driving space but i presume one model will be offered with various options of all the tech including cabin monitoring that the OEMs seem to like.

Fonzoo

The problem is OEMs will have upto 3 suppliers so one model even depending on Specs could have 2 suppliers depending on what version/upgrades you order.

The waters are even muddier than you can imagine.

Shallwe

They dont have a Tier 1 like Veoneer or Qualcomm i guess, or whoever thats under. Gagging orders in Auto seem pretty normal as they go around mopping up business in stealth mode.

Frustrating i know but our day comes. Just have to let them do whats needed without their competition knowing :)

S7

I wouldn’t think so he’s got them tucked under his pillow ready for when they pop.

He’s still chuckling about his 8/1 & sent me this

https://media.ford.com/content/fordmedia/fna/us/en/news/2020/09/21/2020-ford-explorer-insurance-institute-for-highway-safety.html

Iam sure in news of next win Iam sure he will appear and claim his win at 8/1

Seeing

You forgot Victor...

I vote for Victor buying more SEE shares & coming out :)