Seeing Machines has won its first contract with a Japanese carmaker for driver monitoring technology
The contract, worth an initial A$$21mln, is due to start production in 2025 and takes the total number of contracts with vehicle makers (OEMs) globally to nine.
Seeing Machines said it will supply embedded and accelerated Driver Monitoring Engine software (FOVIO ) to the new but unnamed customer, configured for driver state sensing over several models.
Talks are ongoing with other Japanese parts suppliers and automotive OEMs, it said, as the country moves to address global NCAP (new car assessment programs), regulatory and safe semi-automated vehicle applications.
Nick DiFiore, a senior vice-president at the Australian group, said: "We are delighted to have our first Japanese OEM award and believe that we will continue to be successful in this region as more programs are finalised to meet the shrinking timeframes for safety and regulatory requirements, globally.
"We have invested in a seasoned and capable sales and technical support team in Japan, who are developing relationships with key stakeholders across the automotive industry, and this win is an important step for Seeing Machines to become the region's DMS technology supplier of choice.
“While we are unable to disclose our customer's integration strategy, we continue to prove that Seeing Machines is uniquely positioned to address the increasing need for flexible, and often difficult, camera packaging locations and sightlines required to ease OEM camera packaging burdens and system cost across an array of vehicle models."
Aggregated, the cumulative initial lifetime value of all Seeing Machines production automotive contracts now stands at more than A$345mln.