Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) has struck a five-year supply agreement with a UK bus manufacturer that will see its driver monitoring technology installed on thousands of vehicles across Europe, ahead of the introduction of stricter safety rules.
The London-listed company, which develops artificial intelligence systems to track driver alertness, said its Guardian Generation 3 system will be fitted at the factory on new buses destined for European markets.
The tie-up builds on around 200 vehicles the bus maker has already fitted with the kit. The manufacturer produces more than 1,700 buses a year.
The move comes as the European Union prepares to enforce its General Safety Regulation. From July 2026, new buses, lorries and other heavy vehicles will need to include technology to detect driver distraction and warn of potential accidents.
Seeing Machines is also working with four other vehicle makers in Europe on regulatory approvals, known as homologation, that could cover more than 4,000 vehicles a year.
Homologation is the process by which a vehicle is certified to meet the required safety standards across an entire model range.
Beyond bus manufacturing, the company is advancing talks with a large oil and gas operator on a contract to expand Guardian across its European fleet. The system is already in use with this customer in the UK and four other European countries.
Paul McGlone, chief executive of Seeing Machines, said: “This agreement is a major step for Seeing Machines as we expand our Guardian Generation 3 technology across Europe, supporting our partners to meet the highest safety standards ahead of the GSR deadline.
"Our growing collaborations with OEMs and industry leaders not only demonstrate the value of our AI-powered safety technology but also reflect Europe's strong commitment to protecting road users.”