An announcement from Seeing Machines ( (GB:SEE) ) is now available.
Seeing Machines Limited has entered into a Referral Agreement with Mitsubishi Electric Automotive America, Inc. to boost sales of its Guardian Generation 3 driver monitoring solution in The Americas. This partnership leverages MEAA’s extensive aftermarket distribution network and customer base, enhancing Seeing Machines’ market penetration in the telematics and connected vehicle sectors. The collaboration aims to reduce sales lead times and improve road safety by increasing installations of Guardian Generation 3, aligning with Seeing Machines’ strategic goals in the region.
More about Seeing Machines
Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a leader in vision-based monitoring technology designed to enhance transport safety. The company develops AI-powered systems for monitoring vehicle operators, with applications across Automotive, Commercial Fleet, Off-road, and Aviation sectors. Its technology focuses on understanding driver attention and cognitive state to reduce accident risks, and it operates globally with offices in Australia, USA, Europe, and Asia.
YTD Price Performance: -14.29%
Average Trading Volume: 9,784,505
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £190.8M
Learn more about SEE stock on TipRanks’ Stock Analysis page.