Seeing Machines Ltd. NPV (DI) (SEE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

2.00p
   
  • Change Today:
    -0.20p
  • 52 Week High: 5.30p
  • 52 Week Low: 1.98p
  • Currency: UK Pounds
  • Shares Issued: 4,912.39m
  • Volume: 37,533,174
  • Market Cap: £98.25m
  • RiskGrade: 357
  • Beta: 0.01

Seeing Machines appoints technology, safety chiefs

By Josh White

Date: Monday 24 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Seeing Machines announced the appointments of John Noble as its chief technology officer and Dr Mike Lenné as its first chief safety officer on Monday, as it positioned itself to capitalise on rising regulatory demand for driver monitoring systems (DMS) across the transport sector.
The AIM-traded firm said Noble, a two-decade veteran of Seeing Machines, would lead technology strategy and product development in the newly-created CTO role.

It said he would bring deep expertise in systems engineering, research and development, and embedded systems, along with customer-facing experience across the business.

His appointment came as regulatory momentum built in Europe, where more OEMs and transport operators were adopting DMS technologies to meet safety requirements.

Dr Lenné, an expert in human factors and transport safety, meanwhile assumed the role of chief safety officer in a broader strategic reorganisation.

He would focus on expanding relationships with customers, partners, regulators and safety bodies to support Seeing Machines' global growth and enhance its role in improving road and aviation safety.

Seeing Machines currently has 18 automotive programmes with 11 OEMs, representing an expected lifetime revenue of $392m, most of which was forecast to be recognised by 2028.

More than 2.88 million vehicles were in production across eight programmes with manufacturers including General Motors, Ford, Mercedes-Benz and BMW.

The company said its Guardian aftermarket solution was deployed across over 1,100 fleets globally, having logged more than 19 billion kilometres while helping reduce fatigue- and distraction-related incidents.

In aviation, its $10m partnership with Collins Aerospace was progressing, aimed at delivering a launch product that would position Seeing Machines as a key player in the emerging aviation safety technology market.

"John brings a deep technical expertise to his new role which aligns perfectly with our goal to shape the future of transport and get more people home safely," said chief executive officer Paul McGlone.

"Having worked for decades in the field of engineering management, he is uniquely well equipped to improve the way we design, develop and deliver our technology.

"Alongside Mike's appointment as chief safety officer, our business has the leadership in place to focus on successful delivery and on our core mission of improving global safety outcomes."

At 1026 GMT, shares in Seeing Machines were up 2.09% at 2.2p.

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 2.00p
Change Today -0.20p
% Change -9.09 %
52 Week High 5.30p
52 Week Low 1.98p
Volume 37,533,174
Shares Issued 4,912.39m
Market Cap £98.25m
Beta 0.01
RiskGrade 357

SEE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.38% below the market average33.38% below the market average33.38% below the market average33.38% below the market average33.38% 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
84.39% below the market average84.39% below the market average84.39% below the market average84.39% below the market average84.39% below the market average
52% below the sector average52% below the sector average52% below the sector average52% below the sector average52% below the sector average
Income Not Available
Growth
52.64% above the market average52.64% above the market average52.64% above the market average52.64% above the market average52.64% above the market average
73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 1
Strong Sell 0
Total 3
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 01-Apr-2025

Time Volume / Share Price
17:07 451,000 @ 2.00p
16:05 1,797,731 @ 2.05p
16:35 270,795 @ 2.00p
16:35 68,023 @ 2.00p
16:35 19,636 @ 2.00p

SEE Key Personnel

Chair Kate Hill
CEO Paul McGlone

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