FTSE-100 software giant AVEVA reports Thursday
Industrial software provider AVEVA is the highlight of a quiet week for tech results while small-cap Seeing Machines Ltd (LON:SEE) reported final results today.
Company
Seeing Machines Ltd
LON:SEE
Seeing Machines, a global company founded in 2000 and headquartered in Australia, is an industry leader in vision-based monitoring technology that enable machines to see, understand and assist people. The company's technology portfolio of AI algorithms, embedded processing and optics, power products that need to deliver reliable real-time understanding of vehicle operators.
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Hardware & electrical equipment
Seeing Machines signs Memorandum of Understanding with L3Harris to collaborate to enhance pilot training technology
The collaboration will be on the firm's dedicated precision eye-tracking system for flight crew training in the full flight simulator (FFS) environment
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Small Cap Wrap - Seeing Machines, Argentex Group, Aquis Exchange and more...
Fonix (LON:FNX) has made its AIM debut, a mobile payments and messaging Company, enabling businesses to charge users' mobile bills and send users SMSs via their Carrier. £45m secondary placing. Mkt cap £90m. FY June 2020 turnover £40.1m, PB
Hardware & electrical equipment
Seeing Machines to develop all occupant monitoring system for vehicles
The move is seen as a significant opportunity for the company
Hardware & electrical equipment
Seeing Machines gathers 5bn kilometres of naturalist driving data through Guardian technology
"Real-world, on-road data is a big part of our ongoing research studies that enable Seeing Machines to offer market-leading driver monitoring technology"
Hardware & electrical equipment
Seeing Machines to launch DMS kit on Qualcomm platform
The kit is expected to be available before the end of the current calendar year for use by tier one suppliers and OEMs
Hardware & electrical equipment
Seeing Machines inks deal with semiconductor group as part of new strategy
The company is also finalising terms to license its Occula Neural Processing Unit, which is designed to enhance its driver monitoring software
Hardware & electrical equipment
Seeing Machines’ new Occula unit a step change in DMS technology, says Cenkos
The broker said the new neural processing unit “significantly extends” the company’s technology lead
Hardware & electrical equipment
Seeing Machines higher as it unveils new strategy to target automotive market
The three pillar strategy includes enhancing the company's FOVIO Chip driver monitoring system with its Occula Neural Processing Unit
SSE leaves £1.2mln smart meter bill for new owner of retail business
Ovo Energy will pay even though it only took over SSE’s retail business In January.
Hardware & electrical equipment
Seeing Machines beats expectations for annual income and cash
The Guardian driver monitoring technology platform was connected to 23,415 vehicles globally at the end of June, a 46% increase over the year
Hardware & electrical equipment
Seeing Machines welcomes proposed new US driver safety regulations
It is proposed that new vehicles from 2024 will be mandated to include a range of safety features including driver monitoring systems
Hardware & electrical equipment
Seeing Machines makes “difficult but necessary” decision to cut the cost base by A$12mln
It outlined a series of initiatives that will "ensure the financial strength of the business and, in turn, improve shareholder returns"
Hardware & electrical equipment
Seeing Machines surges as it inks automotive licence deal for DMS technology
Under the agreement, the firm will receive a pre-production licence fee of US$5mln before June 30, in addition to future volume-based royalty payments
Hardware & electrical equipment
Seeing Machines implements plans to reduce coronavirus impact
The firm said that while the short to medium-term outlook was “uncertain”, it had “significant confirmed order books" for both its fleet and automotive divisions
Hardware & electrical equipment
Seeing Machines reports double-digit revenue growth in first half
The revenue uplift had been driven by what the firm said was “accelerating growth” of vehicles connected to its Guardian driver monitoring system
Seeing Machines appoints Stifel Nicolaus as its joint broker to assist in broadening the group’s investor base across North America
The group pointed out that the appointment will complement the UK-based efforts of the company's nominated adviser and broker, Cenkos Securities
Hardware & electrical equipment
Seeing Machines predicts second half revenues will “significantly” exceed first six months
CEO Paul McGlone attributed the expected boost to a pipeline developed across the group's fleet division in the first half of the year
Hardware & electrical equipment
Seeing Machines unveils renewed supplier agreement with US chip firm Xilinx for its FOVIO Chip
The group will be exhibiting its FOVIO chip driver monitoring systems technology at Automotive World in Tokyo on the Xilinx stand
Hardware & electrical equipment
Seeing Machines higher as it partners with Qualcomm to develop driver monitoring systems
The companies will be focusing on infotainment systems, areas of the car which allow drivers or passengers to control functions such as music, navigation or answering phone calls