License Agreement with OmniVision Technologies
The previous announcement made by Seeing Machines that a Memorandum of Understanding to an executed License Agreement (“Agreement”) to license the Company’s Occula® Neural Processing Unit (“Occula®”) to OmniVision Technologies, Inc. (“OmniVision”). It represents the first execution of the silicon license Seeing Machines’ Occula®, which offers a unique NPU design that enables the development of low-cost, high-performance edgeAI to power future human-machine interfaces. Seeing Machines and OmniVision will work together to deliver optimised, highly integrated solutions to the global Driver and Occupant Monitoring System markets, leveraging existing and new customers globally.
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