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AIM:SEEOTC:SEEMFFRA:M2Z
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Seeing Machines CEO says new automotive strategy is 'significant breakthrough'

Seeing Machines Limited's (LON:SEE) CEO Paul McGlone caught up with Proactive London's Andrew Scott after announcing a new embedded product strategy for the automotive market. He discusses the new three-pillar strategy which is targeting the 'rapidly expanding camera-based interior monitoring market'. ''This is a significant breakthrough'', he says. ''We now have a product which can be easily integrated, quickly that can serve the majority of the needs of OEMs and all of their needs when combined with our software approach''. ''I expect we'll be quite popular and this new strategy will precipitate quite a lot of inquiry''.

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Price: 9.5 GBX

Market Cap: £364.93 m

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Seeing Machines highlights step change in value of its automotive pipeline

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z)'s Paul McGlone talks Proactive's Andrew Scott through its trading update for the year ended 30 June 2021. The company's expecting its automotive royalty revenues to increase significantly over the next two to three years as production of vehicles...

on 08/09/2021

2 min read