Seeing Machines Limited Qualcomm and Seeing Machines collaboration (0296N)
January 27 2021 - 2:00AM
UK Regulatory
TIDMSEE
RNS Number : 0296N
Seeing Machines Limited
27 January 2021
27 January 2021
Seeing Machines Limited
Qualcomm and Seeing Machines deliver next generation ADAS and
Infotainment technology to enable intelligent vehicle interiors
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the
"Company"), the advanced computer vision technology company that
designs AI-powered operator monitoring systems to improve transport
safety, has been featured at the Qualcomm Technologies 'Automotive
Redefined: Technology Showcase' where the companies announced they
would work together to design a leading driver monitoring system
solution utilising Seeing Machines driver and full cabin monitoring
technologies for Qualcomm(R) Snapdragon(TM) Automotive Cockpit
Platforms and for the Qualcomm(R) Snapdragon Ride(TM) Platform.
As a part of the relationship, Seeing Machines is working with
Qualcomm Technologies to further optimise its technology stack for
the Snapdragon Automotive Cockpit Platform architecture and its
acceleration hardware for automakers and Tier-1 suppliers. In
addition, Seeing Machines' previously announced Embedded
Development Kit (EDK) for the Snapdragon Automotive Cockpit
Development is now available to select Tier 1 and OEM
customers.
This Kit gives customers an efficient turnkey means to realise a
deeply accelerated Seeing Machines driver (and soon
interior/occupant) monitoring feature stack on Snapdragon
Automotive Platforms. The EDK includes Software Development Kit
(SDK), hardware extension for the Snapdragon Automotive Platforms -
capable of supporting single and multicamera DMS and full interior
monitoring, as well as a carefully engineered automotive grade DMS
reference camera that fully leverages the Company's systems
expertise combining algorithm, embedded processing, and optics
know-how.
Paul McGlone, CEO commented: "Seeing Machines is proud of this
unique relationship with Qualcomm Technologies, the industry leader
in automotive cockpit solutions. Recognising the immense long-term
opportunity for ADAS and/or infotainment integration, in terms of
OEM cost savings, expanded system capability, increased safety and
accelerated market penetration, this engagement is a very effective
way of bringing our increasingly capable full in-cabin monitoring
technology stack to the vehicle cockpit. Further and importantly,
we are able to address the inherent OEM technical and
time-to-market integration challenges.
"Our path to integration with Qualcomm Technologies' Snapdragon
Automotive Platforms has been designed to leverage our unique
systems knowledge and safety focus in a way that supports complete
flexibility for Tier-1s and OEM customers as safety and convenience
features become more expansive and complex across high volume and
diverse vehicle platfor ms. We expect this engagement to deliver
significant incremental volume on top of our existing business
plan. "
Enquiries:
Seeing Machines Limited +61 2 6103 4700
Paul McGlone - CEO
Sophie Nicoll - Corporate Communications
Cenkos Securities plc (Nominated Adviser and
Broker)
Neil McDonald
Pete Lynch +44 131 220 6939
Stifel Nicolaus Europe Limited (Joint Broker) +44 20 7710 7600
Alex Price
Nick Adams
Seeing Machines (LSE: SEE), 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. Seeing Machines' technology portfolio of AI
algorithms, embedded processing and optics, power products that
need to deliver reliable real-time understanding of vehicle
operators. The technology spans the critical measurement of where a
driver is looking, through to classification of their cognitive
state as it applies to accident risk. Reliable "driver state"
measurement is the end-goal of Driver Monitoring Systems (DMS)
technology. Seeing Machines develops DMS technology to drive safety
for Automotive, Commercial Fleet, Off-road and Aviation. The
company has offices in Australia, USA, Europe and Asia, and
supplies technology solutions and services to industry leaders in
each market vertical.
www.seeingmachines.com
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