Member Info for terrym

We dont know who we are working on Licensing deals with for either using our tech or licensing under the patent infringement route.

What also needs to be considered is dual sourcing from OEMs. One model could have a few DMS suppliers depending on the extras package for basic, mid, deluxe tech. Its quite possible we could end up as an option on even models that we are competitors to the basic model supplier.

With our patents going back nearly 20 years I would hope infringement & pre printed licensing agreements are being dished out to others for consideration.

Jimbo
At some point all these patents that JC & TLS talk about surely must come into play. You can’t spend nearly 20 years & over $100m + on R&D for nothing.

My theory is that they have a 2 or 3 pronged approach on License deals.

1. Licensing their own IP to OEMs & Tier 1s
2. Licensing under patent infringements
3. Licensing shared patents with the OEMs/Tier 1s they working with.

Some companies will want to use their own suppliers but the tech could be infringing SEEs IP. But also it may infringe a patent of a Ford,Merc,BMW etc. If SEE doesn’t have the client they may have the tech rights.

Paul seems excited about licensing and as it’s all complicated & drawn out in negotiations it would explain to me the delays. Our $5 million license was pre production so what does it actually include, entail etc? Anyone’s guess! Is it per unit based or just the rights to use? Or just sorting out the tech for the customer?

I would hope lots more going on than we know on the legal/patent/infringement l/negotiation side than we know. I’ve been hunting for clues everywhere. We license IP to an Tier 1 & it licenses it to a OEM. Takes time.

The car industry is secretive, add patents and licensing and it becomes even more secretive. The procedures are long winded, boring & intense but the rewards are massive in the mass market. A good example is Microsoft with Samsung being paid $1 billion in 2013.

DMS is going global mainstream & SEE hopefully are playing the game? Cannacord said in 2017 on P5-

Sustainable, competitive advantage including a proprietary AI technology platform. The company has a strong IP moat, including both patents and, as importantly we would argue, real-world application expertise, including a vast bank of data observations and analysis. A broad technology stack provides optionality for optimum value chain participation – software, silicon, systems. Industry 1st Fovio DMS Processor can enable a highly differentiated and scalable business. Strong roadmap, shaped by Human Factors research can drive selling price (“ASP”) expansion.

****************************/user_content/5a00571b0b546.pdf

Can we find out how much has been spent on legal fees/consultants etc from the accounts when out? The higher the better.

The 1st patent I found from SEE goes back to 2003. Most competitors weren’t even born.

https://patents.google.com/patent/US7653213B2/en

I don’t think most people understand the real value in SEE. It’s IP most don’t understand. Most don’t get it. A few do on here. How many PHD or scientists do our competitors employ? How many patents have we got in comparison? How far back do theirs go? Have the competitors got clients & friends like Merc,Ford,Mercedes & BMW?

My monies on the advisors and corporate lawyers, the Lombards etc knowing far more more than the S7s & Smokey’s of this World, that’s for sure.
No one heard of Apple, Netflix, google or Tesla once. Xilinx have 3500 patents.

SEE is mor

They need a word...

Human factors consultancy IHF Ltd has been selected as the industry partner responsible for developing the solution.

The DISC approach is not to be reactive (i.e. stopping the vehicle after a loss of consciousness), but pre-emptive (i.e. identifying at an early stage the symptoms indicating a future loss of consciousness), thus pioneering a new approach to Health and Safety and accident prevention measures.

Colin Kerr, Safety & Projects Manager at Edinburgh Trams and UKTram board member, explained: “We aim to create a world leading system that can help save lives, reduce risk and deliver efficiencies across multiple industry sectors, around the globe”.

https://www.edinburghchamber.co.uk/edinburgh-trams-ihf-push-ahead-with-the-development-of-driver-safety-wrist-band/

S7
I just keep buying dont trade as my timings terrible. I would sell at the presumed high for a RNS to come out and it shoot up.

So I just keep topping up & tucking away in my SIPPs & ISA for a rainy day. After the talk of a takeover slipped away I should of sold at 12p and waited in hindsight to buy back in but like most i didnt.

So now its a waiting game for the bigger contracts & vehicles to start hitting the roads. Iam ok with that. In the meantime Fleet should tick up gradually & even 1 or 2 aviation deals will drop iam sure to tick over.

Iam sure with the many Ford models, Cadillac models, Mercs & BMWs we should be flavour of the month at some point.

The F150 alone sells more per year than the whole of Tesla does, so if thats worth £280 Billion then iam sure we can be worth a few $billion in the not so distance future.

Shallwe
I was going to but its worth the banter :)

S7
Please remind me what you actually doing here?
You dont like the company, you dont like your fellow posters. You only want to try & make money by trading your 1 million ish piddly life savings by talking the price down. Never talk it up though when its on the rise, so I guess you only make small trading gains?
Do you have any friends? I know where my monies on....

Bydna
Its a tricky one to analyse when you add in the following :-
1. Had 2 months of normal trading before Covid in March--so 4 months mostly affected
2. May cost cutting came in so 2 months of benefits-- I believe was described as A$12 million saving with 1/3rd in FY19/20
3. Australia Govt help for 2 months on staff costs in that FY.
4. $5 million Qualcomm but not all paid in that FY i think i read somewhere? So how much paid upto June20?

So my guess is cash $35-40 million in bank? Fleet units 22-23,000 units installed.

1st half of this FY we have :-
1. Some/most of $8 million cost saving
2. Balance of Qualcomm
3. Govt help only planned to Sept but like UK Furlough could get extended.

So realistically we could be looking at $35 mil + in bank and cash burn of $10-12 million in 1st half of current FY?

Fag packet accounting but 5th Aug we will find out. But considering in my businesses in Dubai & UK not sent an invoice out for 5 months, things dont look too bad.

Mr BB
Yes well said. You may see green blobs today, Coco the clown talking normal nonsense.

I would hope with 2 Fords & a Merc & now Airbus to add to Aussie Air Force we will have some news soon.

The May RNS seemed positive on cost reductions, like many Companies have had to do.

The Company has therefore implemented a range of permanent structural changes and temporary cost savings designed to ensure its financial strength and counter the effects of the current global crisis. These measures will also permanently reduce costs, positioning the business for profitable growth as demand returns.

The Company has successfully reduced discretionary costs and introduced a number of short term measures to specifically mitigate the impact of the pandemic. These include the following items, which will be in place for an initial six months:

a. CEO salary reduction of 20% and deferral of any bonus payable for 12 months;

b. Chair fees reduced by 30%;

c. Non-executive director fees reduced by 20%; and

d. Introduction of a four-day working week and consequent 20% salary reduction for staff.

These initiatives are expected to result in significant ongoing cost savings for the business, estimated at approximately A$12m over the remainder of FY2020 and FY2021, thereby helping preserve Seeing Machine's balance sheet strength.

The Australian Federal Government has introduced a robust economic stimulus package designed to assist businesses through this downturn. Seeing Machines has successfully qualified for its JobKeeper program which provides a wage subsidy of A$1,500 per fortnight per qualifying employee and, at this point, will be available until late September 2020.

Redditch
Copied the wrong link. When shared looses the original thread.

Good that Thatcham showing them they wrong

During this Cadillac Live video, we also get a tour of the interior, which on this model comes equipped with the available Rear Seat Entertainment system, featuring a pair of 12.6-inch diagonal independent touch displays. The new Escalade also features Super Cruise, the hands-free driver assistance system, and a 38-inch OLED display mounted on the dash.

As we’ve covered previously, the diesel engine is offered as a no-cost option , and provides “significant” fuel economy gains compared to the gas engine. Diesel-equipped 2021 Escalade models are expected to start rolling off the production line around the August to September timeframe.

https://gmauthority.com/blog/2020/07/cadillac-live-takes-a-look-at-the-2021-cadillac-escalade-video/

Increasing numbers of consumers are buying or leasing new vehicles with Advanced Driving Assistance Systems, according to J.D. Power’s Kristin Kolodge, including such features as automated lane keeping (70% of new vehicles) and adaptive cruise control (77%), two key components of most hands-free driving systems.

https://uk.reuters.com/article/us-autos-tech-handsfree-focus/hands-free-automakers-race-to-next-level-of-not-quite-self-driving-cars-idUKKCN24G14O

(Reuters) - At least five automakers offer some form of semi-automated driving system in the United States — but not all are truly “hands free” because they require the driver to keep his or her hands on the wheel.

https://uk.reuters.com/article/uk-autos-tech-handsfree-systems-factbox/factbox-semi-automated-driving-systems-not-all-are-hands-free-idUKKCN24G1D6?il=0

https://www.thedrive.com/news/34844/another-tesla-crashes-into-a-cop-car-while-on-autopilot

According to the Arizona Department of Public Safety on Twitter, authorities were responding to a crash on eastbound Interstate 10 when an errant Tesla rear-ended the Arizona State Troopers' police cruiser in a scenario that is starting to sound familiar. The impact pushed the Chevrolet Tahoe squad car into the back of an ambulance on the scene, jarring the occupants of the latter vehicle but not injuring them. As the State Trooper Sergeant was not in their vehicle at the time, they too escaped injury.

My expert judgment is that the #DMS software provider in the 2021 Mercedes-Benz AG S-Class is Seeing Machines – the provider of the DMS in General Motors' Super Cruise in the Cadillac CT6 – which is almost certainly also the supplier of the DMS for Ford Motor Company’s recently announced Active Drive Assist in the 2021 Mustang Mach-E and F-150 truck.

https://www.linkedin.com/posts/colin-barnden-1081376_new-mercedes-mbux-infotainment-for-the-2021-activity-6689203059148513280-Wbov

S7
With the ones that bought in 3-5p yes.

The 6-13p ones, not as much i reckon. lol

But most tucked away in peoples SIPPs & ISAs & forgotten about. Most with 20-30yrs to run so will be on car pilot dms by then anyway :)

Cheers Lewbo

Many will be pleased to see the latest version iam sure.

Klick
Does that mean i should do again? After a fix?
Ive got mine, then my Mrs, business partner & office staff as they dont go on here.

When asked about the SAE level of autonomy for the system, Sato responded: "Officially, Level 2 is the reality... starting out, the project will release at level 2 in 2020."

That means hands-off highway cruise control under certain conditions, but also the requirement for the driver to remain at attention with their eyes on the road while the system is active with some sort of driver attention monitoring in place. Similar to Cadillac's Super Cruise system, Highway Teammate will steer itself to stay between the lane markers and adjust its throttle and braking to follow a leading car.

With the Japanese office & staff we have to be working with one or more or Lexus, Toyota or Honda?

A second growth area for Continental is the business with systems for assisted and automated driving. “We’re developing these technologies with a view to zero accidents and zero fatalities on roads. The driver assistance system business is experiencing growth like no other,” said Degenhart. In addition, Continental currently sells around 350 million sensors annually in the area of passive safety. With respect to the brakes business, Degenhart projected that just shy of 40 million highly integrated braking systems will be produced by the company by 2023.

https://www.continental.com/en/general/56704-56704