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SEEing in the dark (SEE)     

hangon - 14 Dec 2011 13:23

Oh deary, Seeing m/c chairman steps down and there is no explanation, - or replacement (a board member steps in-DYOR),
This was ann. at the AGM held in Canbera - that's about as far away as you can get from their AIM-listing, and puts a BIG question-mark over their strategy.

- I would have thought their Market was UK/Eur/US, so that's a GOOD reason for having their meetings in London (where many of their Investors will have access, inc. journalists!).

SP dropped 17% on the News....

EDIT (7Feb2012)- Recent RNS says Canadian Investor is holding 6% - but sp fell today, now 2.75p - not looking good, Eh?
EDIT (8Jn2012)- 15% down, today at 2.13p . . . . Trend/friend?
EDIT (11Dec2014) _ looks like5 Dec14 placing at 5.5p was oversubscribed.( sp today~ 5p7 ).
EDIT (3June2015) - 4p5 isn't exactly good news.
EDIT(21July2015)- sp 5.6 after Rec. in MOS and Co ann. deal with US auto maker to make their driver-alert kit available . . . . may be good idea for HGVs but the Market isn't impressed with deals - only Sales..
EDIT (21Sept2015)--sp 4.5p it's half that at the start of 2014 DYOR - if you include dealing costs, you've probably lost more than 60% - this isn't for me as I understand it's an Australian business, so why no AGMs in London?
EDIT (20Dec2016)-sp ~4.5p - - - Posters obv. like this Co... Just wonder if "driverless cars/lorries" will spook Automotive sales? . . . but new tech could take more than 10years to blow-away drivers' jobs.
EDIT(10Nov2017)-now 5p5 spiked to 6p on collaboration news - far too early for income.... expect fall-back.
EDIT (16Feb2018)-sp 5p looks like a fall-back happened.... now about half-=price compared with previous spike to 10p+ I'm just not sure that "driverless" will blow-away this business, which appear to be a Retro-but-similar. Given that the likes of Uber, and countless others making vehicles, I fear the money is in the "whole-thing" rather than the camera-parts. Time will tell.

skinny - 16 Jul 2018 07:20 - 101 of 107

Board Changes

skinny - 27 Jul 2018 09:14 - 102 of 107

OEM Design Award

skinny - 19 Sep 2018 07:21 - 103 of 107

Year end results

skinny - 26 Nov 2018 07:09 - 104 of 107

Aviation division signs pioneering program deal with Air Force

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety announced that it will provide eye and face tracking sensor technologies to the Royal Australian Air Force (RAAF) for a new Pilot Training System, marking the first commercial program agreement for the Group's Aviation division.

RAAF Acting Director Integration and Innovation, Danny McCreadie commented: "The 25-plus year Pilot Training System program will introduce new high-performance aircraft, resources and facilities to help develop the next generation of Australian military pilots.

"Seeing Machines' operator monitoring technology will initially be installed in two Pilatus PC-21 advanced flight training simulators to aid pilot candidates in reaching proficiency, support and optimise pilot streaming. This will improve overall training efficiencies, reduce cost and failure rate."

In line with the RAAF's Plan JERICHO, its strategy to transform by capitalising on future high technology systems, this initial engagement will enable Seeing Machines to demonstrate its core capability, with considerable potential for future deployment across a broad range of military platforms and systems.

Ken Kroeger, CEO of Seeing Machines commented: "We are delighted to debut our Aviation eye and face tracking capability with the Royal Australian Air Force. This program follows on from our successful engagement with several major airline carriers, simulator manufacturers and air traffic management services and is affirmation that the substantial work done by our team to develop this market is now paying off.

"We have been working closely with the RAAF to understand their training needs, as well as their broader priorities and capability requirements to develop the best solution using the Seeing Machines platform technology.

"With Air Force's transition to an integrated force, utilising advanced technology and aircraft capabilities, we are well aligned to support and deliver world-class training and operational efficiencies with this pioneering program."

skinny - 08 Jan 2019 16:52 - 105 of 107

Move aside, backseat driver! New tech at CES monitors you inside car

"Companies such as Israel’s Guardian Optical Technologies and eyeSight Technologies, Silicon Valley’s Eyeris Technologies Inc, Sweden’s Smart Eye AB SEYE.ST, Australia’s Seeing Machines Ltd (M2Z.L), and Vayyar Imaging Ltd, another Israeli company using radar instead of vision, are crowding the space. Many have already signed undisclosed deals for production year 2020 and beyond."

skinny - 14 Jan 2019 07:09 - 106 of 107

Cadillac Super Cruise named as 2019 Autoblog Technology of the Year

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, notes that General Motors has been named the winner of the Autoblog 2019 Technology of the Year award for its Cadillac Super Cruise system.

The Cadillac Super Cruise system is the world's first hands-free driving system for the highway and provides Level 2 automated driving. The Super Cruise system incorporates Seeing Machines' FOVIO driver monitoring technology to enhance safety, through direct measurement and enforcement of driver attentiveness to the roadway.

Ken Kroeger, CEO of Seeing Machines, said:

"The Cadillac Super Cruise system has been consistently lauded for its safe approach to Level 2 automated driving. We are delighted to have worked with General Motors to contribute to this award winning system and we congratulate them and all involved suppliers on this achievement."

skinny - 16 Jan 2019 07:41 - 107 of 107

Trading Update

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