Member Info for UpDownWeGo

I hope we get RFQ's for these extra models and new wins, but I'm not holding my breath. The next milestone for me is the trading update in August and any RFQ'S and RNS that drop between then are a bonus.

Here's hoping for profitability come 2023... Not 2025...

2025 is a long time away, what about near term? Investors need to know when to expect break even or heaven forbid, profitability.

Surely with 30 models due by 2023 it has to be by then? But like most, I'd rather hear this from management...

How many car insurance companies are going to offer this as a "freebie" with their plans i wonder...

Could be the new black box to reduce premiums...

Also, remember this Ambarella powered nextbase dashcam, with integrated DMS is released in Autumn of this year.

"The driver aware system uses an infrared system to detect drowsy or distracted driving, get a signal to pull over and rest."

https://www.nextbase.com/en-us/iq-experience/

Info on Ambarella partnership here.

https://www.ambarella.com/news/seeing-machines-and-ambarella-collaborate-on-integrated-forward-facing-adas-and-in-cabin-occupant-and-driver-monitoring-system-solutions/

In tranches of 5,000,000

Vesting dates are as follows, this was buried in a doc they produced. Can't remember where but I've got the screen shot saved for reference...

1st July 2020 - 6.1p
1st July 2021 - 7.6p
1st July 2022 - 9.5p
1st July 2023 - 11.9p
1st July 2024 - 14.9p

Until investors see positive cash flow on the balance sheet, I fear the SP will continue to languish.

We all know the potential here, so worth holding on. But it is getting a little long in the tooth now. Surely Qualcomm, intel, Nvidia, AMD or one of the other large silicon giants must be making advances behind the scenes...

It's all been a little too quiet on the RNS front of late imo...

Interesting position...

The Customer Quality Engineer is responsible for driving Quality and Continuous Improvement across Seeing Machines. Champion the Quality team activities in response to customer RFQ, RFI, and tender/bid requests.

https://seeingmachines.springboard.com.au/jobs/Canberra%20or%20Melbourne,%20AU/SM-1597013

In regards to that article and just for a bit of fun, if SEE were to sell. who do you think fits the bill in regards to potential suitors?

Auto - Qualcomm, Nvidia, Intel, Amd, Magna, Texas instruments, NXP, Renesas, Omnivision, AMS, on semi, Analog Devices, Google.
Aviation - CAE, Collins
Fleet - Eroad, I bet they'd love to have Shell as a global customer...
Mining - Well, this'll surely be CAT?

Feel free to add to the list, i've left off some aicraft manufacturers as i feel larger industry wide companies have a better chance at funding such a purchase..

The fact SEE tech is crucial for this many top tier companies is pretty exciting don't you think!

Remember to - Do Your Own Research!

No point pasting the entire thing, this is the bit i found interesting.

"Qualcomm found itself in a jam this summer before the SSW arrangement took shape. The California company was interested in Veoneer’s autonomous vehicle software business with which it already had a joint venture. But the Sweden-based company had in July agreed to sell itself for $3.8bn to Magna International, a car parts supplier.

Making a rival bid for all of Veoneer made little sense to Qualcomm as it had no interest in the remaining divisions. Yet Veoneer preferred to be sold in full.

Qualcomm would then turn to an unknown private capital firm: SSW.

The resulting bid bested Magna’s. Under a novel structure, SSW will acquire “all the outstanding capital stock of Veoneer” and then immediately sell the autonomous vehicle software unit to Qualcomm, according to a press release describing the transaction. SSW is to then “lead the process of finding strong, long-term strategic partners” for Veoneer’s remaining auto parts businesses, indicating its intention to sell them. "

You should be able to view the full article on a desktop computer, i just appears to be locked on mobile?

https://www.ft.com/content/254d8ce3-de74-43f5-8cb9-3bbaa23d8c84

Worth a read...

https://www.ft.com/content/254d8ce3-de74-43f5-8cb9-3bbaa23d8c84

Might as well another to the list...

https://www.linkedin.com/posts/mercedes-benz_ag_eqs-suv-interior-ugcPost-6909755357590347776-sa2K?utm_source=linkedin_share&utm_medium=android_app

With all these new models either in production, soon to be in production or in development by GM, Ford, BMW, Merc... Surely upgraded contracts are due across the board?

At this rate you'll be getting a fleet of Yaughts Lewbo!

As Chris Menon has previously noted, Seeing Machines, Show Me The Money!!

Perhaps if there is an investor meet, we can ask Paul to clarify.

- Who these contracts are with?
- Enlighten us to current & potential values of each contract?

CAE to support NATO Flying Training in Canada through 2027

https://www.cae.com/news-events/press-releases/cae-to-support-nato-flying-training-in-canada-through-2027

Looks like we were granted VCAT exemption! So I guess we can now develop tech for the US department of defense...

http://www8.austlii.edu.au/cgi-bin/viewdoc/au/cases/vic/VCAT/2022/214.html

Thinking about it, they might have to change the km metric one air services start flying guardian around! Those billions will quickly multiply XD

Think of all that lovely user data they could have, Billions of KM worth... That's sure to whet the appetite of many a tech conglomerate!

Great video, really hammers home why I've invested in SEE.

Some people have to sell due to financial pressures, it's not all black and white when interest rates are rising, wages are stagnant and the cost of living is on the rise!

SEE's day will come I agree, but unfortunately economics have forced the hand of a few and market tensions haven't helped.