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Seeing Machines Ltd - Aviation division signs deal with Air Force

RNS Number : 4109I
Seeing Machines Limited
26 November 2018
 

 

Seeing Machines Limited

 

 

26 November 2018

 

 

Aviation division signs pioneering program deal with Air Force

 

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety announced that it will provide eye and face tracking sensor technologies to the Royal Australian Air Force (RAAF) for a new Pilot Training System, marking the first commercial program agreement for the Group's Aviation division.

 

RAAF Acting Director Integration and Innovation, Danny McCreadie commented: "The 25-plus year Pilot Training System program will introduce new high-performance aircraft, resources and facilities to help develop the next generation of Australian military pilots.

 

"Seeing Machines' operator monitoring technology will initially be installed in two Pilatus PC-21 advanced flight training simulators to aid pilot candidates in reaching proficiency, support and optimise pilot streaming. This will improve overall training efficiencies, reduce cost and failure rate."

 

In line with the RAAF's Plan JERICHO, its strategy to transform by capitalising on future high technology systems, this initial engagement will enable Seeing Machines to demonstrate its core capability, with considerable potential for future deployment across a broad range of military platforms and systems. 

 

Ken Kroeger, CEO of Seeing Machines commented: "We are delighted to debut our Aviation eye and face tracking capability with the Royal Australian Air Force. This program follows on from our successful engagement with several major airline carriers, simulator manufacturers and air traffic management services and is affirmation that the substantial work done by our team to develop this market is now paying off.

 

"We have been working closely with the RAAF to understand their training needs, as well as their broader priorities and capability requirements to develop the best solution using the Seeing Machines platform technology.

 

"With Air Force's transition to an integrated force, utilising advanced technology and aircraft capabilities, we are well aligned to support and deliver world-class training and operational efficiencies with this pioneering program."

 

 

Enquiries:

 

Seeing Machines Limited www.seeingmachines.com

+61 2 6103 4700

Ken Kroeger, CEO

Sophie Nicoll - VP, Marketing & Communications


Cenkos Securities plc (Nominated Adviser and Joint Broker)

Neil McDonald/Beth McKiernan/Pete Lynch

+44 131 220 6939

Canaccord Genuity Limited (Joint Broker)

+44 20 7523 8000

Simon Bridges/Richard Andrews


Instinctif Partners

+44 20 7427 1412

Adrian Duffield/Kay Larsen/Chantal Woolcock


 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

About Seeing Machines - www.seeingmachines.com 

 

Seeing Machines (LSE: SEE), a global company headquartered in Australia, is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company's machine learning vision platform has the know-how to deliver real-time identification and understanding of drivers through Artificial Intelligence (AI) analysis of heads, faces and eyes. This insight enables Driver Monitoring Systems (DMS), which monitor driver/operator identification and attention and can detect drowsiness and distraction across multiple transport sectors.

 

Seeing Machines develops DMS for the Automotive, Commercial Fleet, Aviation, Rail and Off-Road markets. The Company has offices in Australia, USA, Europe and Asia, and delivers multi-platform solutions to industry leaders in each vertical.

 

DMS is becoming a core safety technology integrated into ADAS offerings for the automotive industry, particularly with the development of semi-autonomous and self-driving cars. DMS is also increasingly seen to be an integral safety feature across the Commercial Transport & Logistics industry globally.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Price: 2.55

Market: AIM
Market Cap: £85.81 m
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