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Seeing Machines wins $1.2 million deal with self-driving car firm

ALN

Seeing Machines Ltd on Monday said it has won a $1.2 million deal for the supply of additional Guardian Backup-drive monitoring systems to an unnamed North American self-driving car firm.

The Canberra, Australia-based designer of AI-powered operator monitoring systems said the agreement will see Guardian BdMS deployed into the autonomous mobility company’s test vehicles, as the firm looks to expand across new sites and locations.

Seeing Machines noted that its Guardian BdMS product supports back-up drivers during the initial deployment phases of autonomous vehicles, bridging the gap between fully autonomous operations and human oversight.

‘We are proud to continue working with this important customer, who shares our passion for road safety, as they continue to develop their technology and frankly, lead the evolution of the autonomous vehicle landscape,’ said Chief Executive Officer Paul McGlone.

‘Around the world, regulators and automakers understand that driver and occupant monitoring technology will bridge the gap between the vehicles of today, where the driver is still in control, and the fully autonomous cars of tomorrow. It’s excellent to see our technology, designed purely to keep road users safe, helping to shape this shift in transportation.’

Shares in Seeing Machines were up 4.6% at 2.30 pence each in London on Monday afternoon. The stock remains down 52% over the past year.

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