Seeing Machines Ltd. NPV (DI) (SEE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

4.92p
   
  • Change Today:
    -0.090p
  • 52 Week High: 6.16
  • 52 Week Low: 4.89
  • Currency: UK Pounds
  • Shares Issued: 4,156.02m
  • Volume: 6,109,499
  • Market Cap: £204.48m
  • RiskGrade: 357

Seeing Machines adds its tech to new Omnivision system

By Josh White

Date: Thursday 05 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Driver monitoring technology specialist Seeing Machines announced the successful integration of its in-cabin monitoring system technology (ICMS) with Omnivision's 'OAX4600' system-on-chip (SoC) platform on Thursday.
The AIM-traded firm said the OAX4600, optimised by its 'Occula' neural processing unit (NPU), would provide automakers with a new solution to "meet and exceed" the regulatory requirements associated with the European Commission's General Safety Regulation, as well as Europe's New Car Assessment Program (Euro NCAP) protocols.

Working together, Seeing Machines said it and Omnivision had integrated its embedded driver monitoring engine (e-DME) into the OAX4600 SoC silicon, which was specifically targeted toward the expanding automotive ICMS market.

The Seeing Machines e-DME makes use of the Occula NPU integrated in the OAX4600, to reduce the load on the on-board ARM processors, while accelerating the core tracking pipeline.

When paired with Omnivision's range of high-resolution, wide-field-of-view automotive RGB-IR sensors or near-infrared (NIR) sensors, the OAX4600 device, integrated with Seeing Machines' automotive ICMS solution, would enable what the board called a "powerful combination" of performance, cost and power efficiency in a form factor allowing it to be packaged into space-constrained areas of a vehicle.

"We are very happy to be working with Omnivision to bring our Occula NPU to the market integrated with the OAX4600 SoC," said chief executive officer Paul McGlone.

"Seeing Machines' software and hardware embedding capabilities, combined with Omnivision's automotive camera sensor and design expertise, are clearly demonstrated with this silicon.

"We are very confident that this will give our customers a highly optimised silicon platform that can target the driver as well as the wider interior sensing market."

At 1447 GMT, shares in Seeing Machines were down 2.19% at 6.51p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SEE Market Data

Currency UK Pounds
Share Price 4.92p
Change Today -0.090p
% Change -1.80 %
52 Week High 6.16
52 Week Low 4.89
Volume 6,109,499
Shares Issued 4,156.02m
Market Cap £204.48m
RiskGrade 357

SEE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.85% below the market average35.85% below the market average35.85% below the market average35.85% below the market average35.85% below the market average
4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average
Price Trend
41.71% below the market average41.71% below the market average41.71% below the market average41.71% below the market average41.71% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
63.43% above the market average63.43% above the market average63.43% above the market average63.43% above the market average63.43% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SEE Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 166,604 @ 4.92p
16:35 1,000 @ 4.92p
16:35 19,055 @ 4.92p
16:35 26,549 @ 4.92p
16:35 12,511 @ 4.92p

SEE Key Personnel

Chair Kate Hill
CEO Paul McGlone

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