Seeing Machines Doubles Car Installations Amid Industry Challenges

Seeing Machines (GB:SEE) has released an update.

Seeing Machines Limited has doubled the number of cars on the road equipped with its technology to over 2.6 million units, marking a 100% increase from the previous year. The company reported a quarterly production volume of 405,669 units, an 83% increase year-on-year, despite challenges in the global automotive industry. The company’s recent agreement with Caterpillar and the introduction of Guardian Generation 3 are expected to drive future growth in their aftermarket segment.

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