Member Info for terrym

Wow over 400 now. Need to see the contracts now why growing so much…..tick tock.

?? We're #hiring: Payroll Officer??
Looking for a dynamic and diverse workplace to use your #payroll expertise? Join Seeing Machines, the leader in interior sensing technology, as we help enhance safety across a range of transport sectors. Deliver payroll services for over 400 employees, both domestically and internationally, and contribute to our purpose of getting everyone home safely.

Click to apply now - https://hubs.ly/Q01J1_kV0

#payroll #payrollservices #payrollprocessing #payrolladministration payrolljobs #melbourne

Seize
Thought was a good interview.
They doing ok with certain oems. Seem to be getting a sniff on Ford & maybe GM on dual sourcing.

Toyota fragmented so he don’t sound confident with them.
2.8m this year and 6.5m next seems ok in auto. Says 30m by 2026 & they think 40% so we prob 50-60%

Trucks no reccuring revenue and only just above SP of auto product. Wouldn’t talk about SEE.

Interior sensing seems to think years ahead of completion but only 1 contract this year he seems confident on.

Korean & Japanese models in their mix atm. 217 total models globally total.

Thinks they will have a 2023 similar to 2022

Sure they will do ok. Seem to think profit 2nd half 2024 still.

If I was split in 2 DMS companies I would still be 80-90 % SEE & 10-20% them.

This year seems the critical one so be a lot clearer by end 2023 though.

Let’s hope we get there 1st.

The $1 trillion Infrastructure Investment and Jobs Act from late 2021 captured public attention for funding a wave of electric vehicle charging services. But buried deeper inside was also a mandate for a new technology that has nothing to do with EVs.

The law calls for a final rule to be issued next year requiring all vehicles sold in the U.S. to have the ability to passively detect when drivers are under the influence of alcohol and prevent them from driving.

That’s a piece of technology that does not exist yet — at least, not as a commercialized market-friendly original-equipment vehicle component.

https://worldnewsera.com/automobile/industry-scurries-to-develop-an-alcohol-detection-technology/?amp

The role of a pilot today is different compared to 50 years back. These days, most commercial aviation is largely automated – an innovation that has decreased the number of accidents drastically and made aviation one of the safest ways to travel. In one million take-offs, the average number of accidents is less than one. In the last few years, eye tracking technology has made its impact on the automotive industry. Gaze scanning has gone from being an exciting area of research, to being installed in new car models all over the world and taking its place as one of the most important technologies for road safety.
Right now, a lot is pointing to a similar development in the aviation industry. Is eye tracking technology about to grow wings and move on to saving lives up in the air?
This episode features Ulf Lofberg and Bjorn Lindahl of Smart Eye. Björn’s educational background is electrical engineering, and he also has a Master’s in advanced IT. Today, Björn is product manager for the Research Instruments business area at Smart Eye, which largely involves identifying and developing business opportunities with new applications for Smart Eye’s products. On the sales side, Ulf has a degree in electrical engineering and masters in telecommunications. After spending 20 years building mobile networks, 6 years ago he joined Smart Eye in a dramatic change of career path to work with the interesting technology we are building today.
Speaking with Ulf and Bjorn was a great opportunity to not only get a deeper technical understanding of how the Smart Eye products work for aviation, but also the practical applications of our technology and our vision for improving flight safety in the future of the aviation industry. Let’s listen in to learn more.
https://poddtoppen.se/podcast/1458361251/the-human-centric-ai-podcast/how-to-improve-flight-safety-with-eye-tracking-pilot-training-and-simulation

Adressing Driver Fatigue
Falling asleep behind the wheel or being distracted while driving are amongst the leading causes of road accidents worldwide. Our road transport fleets have begun deploying devices that detect signs of microsleeps, fatigue and distraction, and respond by warning drivers so they can take action to stay alert.

This deployment started in 2020, at the Shell-operated QGC facility in Queensland, Australia, where we worked with four universities and eight contracting companies to evaluate fatigue detection devices and to find the one that performed best in testing. The basis for this project was a scientific study commissioned by Shell and other operators to review more than 100 commercially available technological systems that purported to detect fatigue or distraction in drivers.

We are adopting a phased approach to deploying the devices and ensuring drivers know how to use them. We will start in countries identified as high-risk locations: Australia, India, Malaysia, Mexico, ****stan, Russia, South Africa, Thailand, Turkey and the Philippines.

We want Shell drivers to be safe at all times, but we also try to reduce the need to use road transport in the first place: the safest journey is the one not taken. A number of our large projects have successfully reduced the amount of road travel needed by providing accommodation for personnel on site or by using buses to transport workers, and marine vessels and trains to transport equipment.

As a member of the
Global Road Safety Partnership
, we share our road safety experience and knowledge proactively with other companies, governments, non-governmental organisations and local communities. In 2021, the UN General Assembly's status report on road safety globally recognised Shell as being among the very few private sector companies that have funded road safety projects and activities. We believe that collaboration is key to achieving the UN’s target to halve global traffic deaths by 2030.

https://www.shell.com/sustainability/safety/transport-safety.html

The tankers were newly equipped with a 3600 view and the latest Active Fatigue Detection Device, which vibrates the driver’s seat to alert the drivers when they get tired.

SHELL hosted its first #ShellSelamatSampai Road Safety Carnival as part of its road safety initiative, in Putrajaya.

Present was Transport Ministry secretary-general Datuk Jana Santhiran Muniayan, who represented Deputy Transport Minister Datuk Hasbi Habibollah.

Shell’s history of advocating for road safety spans over six decades and has benefitted over one million schoolchildren nationwide.

With this carnival, it hopes to reach the community in an engaging and fun way.

“Shell has worked closely with various stakeholders including many government agencies, over many decades, to promote road safety among Malaysians,” said Shell Malaysia country chair and Upstream Malaysia senior vice-president Siti Sulaiman.

“This carnival is the result of a collective effort, and I would like to extend my gratitude to all our partners who have been steadfast in their support of Shell’s road safety initiatives in Malaysia.

“Creating road safety awareness is crucial and Shell will continue to do our part to make the roads safer for everyone,” she said.
Other activities included a sharing session on motorcycle maintenance led by the Shell Advance team and learning about blind spots of heavy vehicles using two Shell road tankers.

The tankers were newly equipped with a 3600 view and the latest Active Fatigue Detection Device, which vibrates the driver’s seat to alert the drivers when they get tired.

https://www.thestar.com.my/metro/metro-news/2023/03/16/fun-filled-drive-for-road-safety

Hands-off test
Each of these cars deploy a series of visual and audible warnings soon after you let go of the steering wheel, and some have a few extra features to attract the driver’s attention.

The systems in the iX3, ID 5, Model 3 and Qashqai bring each car to a controlled stop within one minute of their driver taking their hands off the wheel. The iX3 is the quickest to apply the brakes (after just 20 seconds), while the Model Y takes the longest, bringing itself to a halt after 44 seconds. In addition to the initial warnings, the RS Q8 also tightens the driver’s seatbelt while it slows down.
The ID 5 also sharply tugs at the driver’s seatbelt to alert them and sounds the horn several times when the car is close to stopping. After bringing itself to a halt, the Range Rover Sport automatically shows the emergency call function on the central touchscreen for you to use, while the RS Q8 automatically dials the emergency services for you.
Colin Grover, principal engineer for automated driving at Thatcham Research, explained how we can expect the technology to evolve over the coming years. “A potential stepping stone to self-driving on UK motorways is ‘hands-free, eyes-on’ assistance,” he said. “This has been available in the US since 2017, pioneered by Cadillac’s Super Cruise and Ford’s BlueCruise systems. In use, these are like the advanced assistance systems in the cars participating in our tests today, but they allow hands-off operation, using sensors to oversee driver attentiveness.”

He went on to explain that a better understanding of driver behaviour could hold the key to implementing technology that could improve road safety, unlocking opportunities to tune assistance systems for effectiveness and driver acceptance.

While it should be emphasised that the systems currently available in the UK depend on driver supervision for safety, self-driving is already a reality in controlled situations in Europe. “Mercedes offers its Drive Pilot system in Germany, where it can act as a low-speed traffic chauffeur on autobahns,” said Grover. “For more widespread operation, though, systems will require adaption for local traffic conventions, signage and so on, to suit every country’s legislation.”

https://www.whatcar.com/news/self-driving-cars-tested/n25624

Ford seem excited about the new truck coming.

We should see the latest Bluecruise figures in 10 days. 72,000 added in Jan/Feb to 186k total. Lets hope its climbing

The race to create autonomous vehicles is certainly heating up, with Ford announcing today that they plan on delivering hands-off, eyes-off semi-autonomous driving in their next truck (read: Ute) in 2025.

As part of what Ford is calling ‘Project T3’, Ford will create their second generation electric truck, following on from the F150 Lightning. In the announcement video, Ford highlights their more than 100-year automotive history, having started production of the first truck, the Model TT back in 1917

While legacy automobiles will quickly tell you how experienced they are, electric vehicles are the big reset for the industry, a once-in-a-generation rewrite of how vehicles are made. This transition is much greater than simply changing out the drivetrain, but a complete re-think on what vehicles can and will be in the future.

Sure, vehicles will still ship with 4 wheels, but the switch to EV is being leveraged to rethink everything. The user interface to the vehicle is going touch-first, the software is updatable over the air and gets better as time goes on, the interior dash and dials are being re-thought, as are the techniques to heat and cool the cabin, along with driver profiles and security with the move to digital keys using your phone.

Today it seems, Ford recognises that simple driver-assist technology is no longer enough, they need to race towards autonomy. In an interview with Yahoo Finance, Ford’s CEO Jim Farley announced they were leveraging 600 engineers from the now-defunct ArgoAI autonomous driving company.

These employees would combine with Ford engineers and technicians to expand on the hands-off functionality offered by BlueCruise (limited US highways) and committed to offering a semi-autonomous driving experience that would let you take your eyes off the road and even go to sleep.

There are of course some big caveats carved out here, firstly this again sounds like it’ll be highway only, it’ll be only available in good weather, which actually raises some big concerns about their technology stack if you’re expected to wake up and take over as soon as a few rain drops hit the windscreen.

What is interesting is the runway for this semi-autonomous future. Ford announced this new Project T3 truck will be made at their upcoming Blue Oval City in West Tennessee in 2025. It’ll be interesting to watch if today’s announcement has any Osborne effect on the F150 lightning as this eye-off semi-autonomous tech, sounds like it will only be available in the gen2 truck, meaning existing vehicles won’t be upgraded to it.

https://techau.com.au/ford-commits-to-deliver-hands-off-eyes-off-semi-autonomous-driving-in-2025

Shallwe

Sensible there. Iam 70/30 whether that was CFPs 3rd account anyway lol

He said the automaker will have the global capacity to build 600,000 electric vehicles by the end of 2023 and 2 million by late 2026 — “and we intend to fully use that capacity.”

“The demand is so much higher than we expected,” Jim Farley said in a report by Automotive News published on Thursday, according to CNBC. “It’s a really new experience for this big company, trying to be agile. We had to approach it very differently than we’ve done capacity planning.

Additionally, over 80 percent of those who are reservation holders for the F-150 Lightning EV will soon become converted to owners, Farley said.

“Our goal is to become the clear No. 2 electric vehicle maker within the next couple years and then challenge for No. 1 as the huge investments we are making in EV and battery manufacturing come onstream and we rapidly expand our EV lineup,” a Ford spokesperson told The Hill in a statement.

The EV production news comes amid a push by President Biden to have half of vehicle sales be electric by 2030.

Ford has announced it's making progress on construction of its factory complex for its next-generation electric pickup truck, upfitting and associated batteries. The factory, called BlueOval City, is due to start production of vehicles in 2025. It's located in West Tennessee and Ford estimates it will provide around 6,000 people and cost $5.6 billion.

The first vehicle Ford announced for the plant is called Project T3, with the latter part being short for "Trust the Truck," a motto from the development team. The company didn't specify any other details about it besides being a new-generation truck. It should be using one of the company's new EV platforms that has been known as TE1. It's a full-size truck platform designed from the outset to be electric, rather than adapted for an existing truck like the current F-150 Lightning. The platform is expected to be used for the replacement Lightning, as well as the eventual electric Ford Expedition and Lincoln Navigator.

Some reports have suggested it might also be used for another pickup truck different from the F-150 Lightning. It might be dramatically different in design and target market. So it's possible the truck built at this Tennessee location could be either the next Lightning, or this reported mystery truck. Or perhaps the more unusual design actually is going to be used for the new Lightning. Backing up the report of radical looks is Jim Farley's description:

"PJ O’Rourke once described American pickups as ‘a back porch with an engine attached.’ Well, this new truck is going to be like the Millennium Falcon – with a back porch attached."

The target production start of 2025 does line up with the expected launch of a second-generation Lightning, though. Plus, you can almost always justify manufacturing investments for the Ford F-150, historically part of the best-selling line of vehicles in America. Plus, Ford says the factory will be capable of building up to 500,000 vehicles a year. That's a lot of vehicles, which would be ideal for supplying the huge demand for F-Series pickup trucks.

https://www.autoblog.com/2023/03/24/ford-next-gen-electric-pickup-truck-factory-progress/

Should be one for the future...

Thus far, Ford has been enjoying a great run of success with its electric vehicle lineup. Recent years have seen the company double and triple production of the F-150 Lightning and Mustang Mach-E, respectively. Given the strong customer demand for electric Fords, it's no surprise the company plans to expand its EV offerings in the years to come. Stay tuned for details on the next electric Ford truck as soon as they become available.

https://www.thedrive.com/news/new-ford-electric-truck-project-t3-to-start-production-in-2025

Good job they bought £50k the other day aswell so only got $50m in now while SP low. Thats still a pittance no doubt? :)

You must be a very wealthy man Niknak when £130k is a pittance then...

Another £130,000 Buy from the inside. I expect more at these bargain prices next week. While people are moaning the ones in the know are just buying more.

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, was notified on 24 March 2023 that Lombard Odier Asset Management (Europe) Limited ("LAOME"), a person closely associated with the Company's Non-Executive Director, Michael Brown, acting in its capacity as discretionary investment manager for the account and on behalf of funds or accounts managed by it and/or as agent of Lombard Odier Asset Management (USA) Corp, acting as discretionary investment manager for the account and on behalf of funds or accounts managed by them has traded in the ordinary shares of Seeing Machines as set out below:



23 March 2023 Bought 1,500,000 ordinary shares at 5.8p

23 March 2023 Bought 700,000 ordinary shares at 5.8p



Following this transaction LOAME holds 630,777,965 ordinary shares, representing 15.19% of the Company's issued share capital.

Fri 24 March 2023 11:22 | A A A

(Sharecast News) - European shares slumped again on Friday as Deutsche Bank shares plunged 13%, after after a sharp jump in the cost of insuring against the risk of default or bondholders.

The pan-European Stoxx 600 was down 2% at midday, with all major bourses lower. Credit Suisse and UBS were also in focus after a Bloomberg News report that the two banks are under scrutiny in a probe by the US Department of Justice into whether financial professionals helped Russian oligarchs evade sanctions. Shares in the duo were down almost 8%.

"We are still on edge waiting for another domino to fall, and Deutsche is clearly the next one on everyone's minds (fairly or unfairly)," said Chris Beauchamp, chief market analyst at IG.

"Looks like the banking crisis hasn't been entirely put to bed."

The sector has come under close scrutiny after the collapse of Silicon Valley Bank in the US last week, along with an industry-led rescue of California's First Republic Bank. Fears intensified when scandal-ridden Credit Suisse had to be bailed out via a $3bn takeover by its arch rival UBS.

Investors were also digesting comments from US Treasury Secretary Janet Yellen who said she was prepared to take further action to ensure that bank deposits stay safe amid banking system turmoil, a day after she said there would be no blanket guarantees.

In the UK, Bank of England governor Andrew Bailey said interest rates would continue to rise if firms hike prices, a day after the central bank raised tightened monetary policy for the eleventh time since December 2021.

On a light day of corporate news there was little else to drive sentiment. UK retail sales posted an unexpected jump as households cut back on eating out and takeaways in February, choosing food at supermarkets and other goods at discount outlets.

Retail sales unexpectedly rebounded by 1.2% in February from the month before, returning sales volumes to their pre-pandemic level, the Office for National Statistics said.

Economic growth in the eurozone continued to gather pace in March, according to a survey released on Friday, underpinned by the service sector as manufacturing stagnated.

S&P Global's flash eurozone composite purchasing managers' index - which measures activity in both the manufacturing and services sectors - rose to 54.1 from 52.0 in February. This marked a 10-month high and was well above consensus expectations of 51.9.

A reading above 50.0 indicates expansion, while a reading below signals contraction.

In other equity news, travel giant TUI fell sharply after launching a €1.8bn capital raise to repay German state aid it received at the start of the Covid

Upto Noon

31 of 50k, look like buys to me so far.
2 of 1m buys
1 of 500k buy

Seems to me normal shenanigan's going on. Yesterday i noticed loads 50k trades. Today actually more so far. Some being marked at sells at same price etc. Then today couple biggies pop up last 30 mins.

24.03.23 11:09:08 5.50 GBX 40,000 2,200.00 AT P - AIMX
24.03.23 11:09:02 5.50 GBX 1,699 93.45 AT P - AIMX
24.03.23 11:02:15 5.60 GBX 1,000,000 55,950.00 Off-Book CANC P AIMX AIMX
24.03.23 11:02:15 5.60 GBX 1,000,000 55,950.00 Off-Book P AIMX AIMX
24.03.23 11:01:41 5.55 GBX 39,405 2,186.98 AT P ALGO - AIMX
24.03.23 10:57:19 5.50 GBX 48,301 2,656.56 AT P - AIMX
24.03.23 10:57:19 5.50 GBX 50,000 2,750.00 AT P - AIMX
24.03.23 10:57:19 5.50 GBX 50,000 2,750.00 AT P - AIMX
24.03.23 10:57:19 5.50 GBX 50,000 2,750.00 AT P - AIMX

He dont think its junk

24 March 2023



PDMR / Director Dealing



Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces that the Company's Chief Financial Officer, Martin Ive, purchased a total of 50,000 ordinary shares ("Ordinary Shares") in Seeing Machines at a price of 5.80 pence per Ordinary Share and a total of 60,000 Ordinary Shares at a price of 5.78 pence per Ordinary Share.



Following these purchases, Mr Ive is now beneficially interested in 6,202,000 Ordinary Shares, representing 0.15 per cent. of the issued share capital of the Company.

Thanks to a shorter wheelbase, off-road capabilities, rear-wheel steering and the inclusion of the Super Cruise advanced driver assistance system, the very large SUV impressed with its ability to tackle the rain and mud-drenched roads of Napa during a recent storm as I navigated fallen trees and, in one case, a trip off the side of a road that was doubling as a pond.
On the highway, GM's Super Cruise displayed why it's the best hands-off/eyes-on driver assistance system on the road right now. It held the SUV in the center of the lane and deftly switched lanes to overtake slower vehicles. Of course, as with all of these systems, the driver must always pay attention.
https://uk.news.yahoo.com/first-drive-2024-gmc-hummer-130019772.html