Seeing Machines ( (GB:SEE) ) has issued an announcement.
Seeing Machines Limited reported a stable revenue for the first half of FY2025, despite market turbulence, with a strong cash position and a significant increase in the number of cars equipped with its technology. The company has secured a major investment from Mitsubishi Electric Mobility Corporation and entered strategic collaborations with Valeo and other partners to expand its market share in the automotive sector. Additionally, the acquisition of Asaphus Vision GmbH enhances its AI capabilities, and the company’s Guardian Generation 3 technology is being trialed globally, positioning it for growth in the transport and logistics sector. The company anticipates increased adoption of its technology due to upcoming EU safety regulations, which will drive future production volumes and revenue.
More about Seeing Machines
Seeing Machines Limited is an advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety. The company focuses on the automotive industry, providing driver monitoring systems (DMS) and operator monitoring systems (OMS) to enhance safety across various transport sectors.
YTD Price Performance: -15.93%
Average Trading Volume: 9,887,025
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £187.2M
See more data about SEE stock on TipRanks’ Stock Analysis page.