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Cenkos: Seeing Machines Ltd -- First Japanese OEM win

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  • 10 May 2022

Cenkos: Seeing Machines Ltd -- First Japanese OEM win


Seeing Machines Limited (SEE:LON) | 7.0 0 0.0% | Mkt Cap: 290.7m


  • Cenkos Securities
    • John-Marc Bunce

    • 6 pages

Electrical and Electronic Equipment image


 
Electrical and Electronic Equipment image


Seeing Machines has announced that it has been appointed by an existing customer and global Automotive Tier-1 supplier to deliver its FOVIO Driver Monitoring System (DMS) for a leading Japanese carmaker. This contract win, with an initial lifetime value of A$21m, is due to start production in 2025 and marks Seeing Machines' first production Automotive award in Japan bringing the total number of OEMs with which Seeing Machines has won business, to nine. Delivery is via the Company's deeply embedd ....

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Cenkos: Seeing Machines Ltd -- First Japanese OEM win


Seeing Machines Limited (SEE:LON) | 7.0 0 0.0% | Mkt Cap: 290.7m


  • Published: 10 May 2022
  • Author: John-Marc Bunce
  • Pages: 6
  • Cenkos Securities


Seeing Machines has announced that it has been appointed by an existing customer and global Automotive Tier-1 supplier to deliver its FOVIO Driver Monitoring System (DMS) for a leading Japanese carmaker. This contract win, with an initial lifetime value of A$21m, is due to start production in 2025 and marks Seeing Machines' first production Automotive award in Japan bringing the total number of OEMs with which Seeing Machines has won business, to nine. Delivery is via the Company's deeply embedd ....


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