Seeing Machines Launches Guardian Generation 3 Pilot with Mitsubishi Electric in North America

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

Seeing Machines Limited has launched a six-week pilot program for its Guardian Generation 3 aftermarket solution in collaboration with Mitsubishi Electric Automotive America, Inc. This initiative is part of a strategic partnership to boost sales in the Americas by leveraging Mitsubishi’s customer relationships. The pilot marks a significant step in enhancing vehicle safety and represents a promising opportunity in the competitive US connected vehicle market, with potential for substantial sales growth in the region.

The most recent analyst rating on (GB:SEE) stock is a Buy with a £13.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.

Spark’s Take on GB:SEE Stock

According to Spark, TipRanks’ AI Analyst, GB:SEE is a Neutral.

Seeing Machines’ overall score is primarily impacted by financial instability, despite positive corporate events and technical indicators. The company’s high leverage and negative cash flow are significant risks, but strategic deals and insider confidence offer some optimism.

To see Spark’s full report on GB:SEE stock, click here.

More about Seeing Machines

Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a leader in vision-based monitoring technology. The company specializes in AI-powered operator monitoring systems that enhance transport safety by providing real-time understanding of vehicle operators. Seeing Machines’ technology is used across various sectors, including Automotive, Commercial Fleet, Off-road, and Aviation, with a global presence in Australia, USA, Europe, and Asia.

Average Trading Volume: 17,562,800

Technical Sentiment Signal: Sell

Current Market Cap: £132.1M

See more data about SEE stock on TipRanks’ Stock Analysis page.