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Seeing Machines wins contract for driver monitoring system

StockMarketWire.com

Computer vision group Seeing Machines said it had been appointed to deliver its driver and occupant monitoring system technology to an additional North America-based original equipment manufacturer.

The appointment was made by 'an additional global automotive tier-one supplier', the company said.

Mass production was scheduled from late 2022 with an initial lifetime award value of A$7 million.

'Seeing Machines continues to grow as an automotive leader in driver monitoring system technology, having now won contracts with a total of seven automotive tier-one customers for a growing number of programs across seven global carmakers,' it said.

At 9:02am: (LON:SEE) Seeing Machines Limited share price was 0p at 5.8p


Story provided by StockMarketWire.com