Expanded program with existing OEM customer
Seeing Machines has been selected by a new Tier 1 supplier to deliver our FOVIO driver monitoring platform into a new generation architecture addressing additional car models for an existing European OEM customer.
Production for the additional car models is scheduled from 2022, with incremental revenue expected to exceed A$23m.
“We are delighted to be expanding our footprint with an existing OEM customer as we demonstrate our versatility in adapting to their diverse integration needs across vehicle models. We are also excited to be working with a new Tier 1 supplier as we further grow our automotive supply chain relationships.”, said Nick DiFiore, SVP & GM Automotive.
FOVIO driver monitoring platform uses advanced machine vision technology to precisely measure and analyse head pose, eyelid movements and eye-gaze under a full spectrum of demanding lighting conditions, including through sunglasses. This data is processed to interpret driver attention state, focus, drowsiness and impairment levels to provide ADAS (advanced driver assistance systems) with critical inputs in real time.
Driver Monitoring Systems (DMS) technology is set to become standard technology in most modern passenger cars for improved driver and semi-automated driving safety as it continues to be recognised by industry and regulatory groups such as the European Commission and New Car Assessment Program (NCAP).
Seeing Machines now counts nine automotive OEM production awards spanning a broad range of car and truck models with six OEM customers. Working closely with a growing ecosystem of Tier 1 partners, the Company now expects these programs to deliver over A$200m in revenue.