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Seeing Machines, L3Harris ink non-binding pact for pilot training
StockMarketWire.com
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Computer vision technology company Seeing Machines said it had signed a non-binding agreement with aerospace and defence group L3Harris Technologies to explore enhancing pilot training technology.
The memorandum of understanding framed an intent to enter into a global non-exclusive license agreement.
The companies would collaborate to enhance pilot training technology with Seeing Machine's precision eye-tracking system for flight crew training in a full-flight simulator environment.
'The timing of this arrangement is important as the aviation industry starts to recover from the impacts of Covid-19, noting that training and simulator based activity will be a major contributor to this recovery process,' Seeing Machines said.
At 8:52am: (LON:SEE) Seeing Machines Ltd share price was +0.13p at 4.38p
Story provided by StockMarketWire.com
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