Seeing Machines (GB:SEE) has released an update.
Seeing Machines Limited, a leader in AI-driven operator monitoring systems, has announced an extended collaboration through 2032 with a North American Tier-1 automotive customer and OEM, with the program now spanning 19 vehicle models across North America, Europe, and China. This extension, leveraging their enhanced FOVIO Chip technology, is set to begin production before the end of 2024, representing an initial incremental lifetime value of US$26m to the company. The company’s growing portfolio now includes 18 programs for 11 OEMs, cumulatively valued at US$392m, with the majority of revenue expected by 2028.
For further insights into GB:SEE stock, check out TipRanks’ Stock Analysis page.
