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Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) has been selected to deliver its Driver Monitoring System software to twelve new car models for a leading Korean car manufacturer, with an estimated revenue of SEK 150 million. The company has received up to 250 design wins from 20 OEMs, with a combined estimated lifetime value of over SEK 5.165 billion.
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Smart Eye (SEYE) has secured a significant order to deliver its Driver Monitoring System (DMS) software to nine new car models, with an estimated revenue of SEK 150 million. The company has received a total of up to 238 design wins from 20 OEMs, with a combined estimated lifetime value exceeding SEK 5.015 billion. The estimated value over the product lifecycle from possible additional design wins with these car manufacturers is SEK 200 million, increasing the total estimated value for all 20 OEMs from possible additional design wins to SEK 4.295 billion.
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Smart Eye (SEYE) Secures SEK 150 Million Order for DMS Software for Nine New Car Models. CEO Martin Krantz Emphasizes Commitment to Road Safety and Industry Leadership.
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Smart Eye AB (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) announces change of Certified Adviser from Erik Penser Bank AB to Carnegie Investment Bank AB (publ). Martin Krantz, CEO of Smart Eye AB, can be contacted at +46 70-329 26 98 or martin.krantz@smarteye.se for more information.
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Smart Eye (SEYE) provides key technology for Volvo Cars' comprehensive driver understanding system, improving driver safety to avoid road fatalities. The premium Driver Monitoring System (DMS) software is included in the new Volvo EX90, Volvo Cars' all-electric flagship SUV. Smart Eye's DMS is a key component in the Volvo EX90 Driver Understanding System (DUS), which will provide a deeper understanding of the state of the driver to help further enhance traffic safety. Volvo Cars is breaking new grounds in active safety by introducing and standardizing a DUS in its new fully electric EX90. It combines the industry's first dual camera DUS with a capacitive steering wheel. Powered by Smart Eye's advanced AI algorithms, the system enables a deeper understanding of what's happening with people inside of a vehicle, and in particular when a driver is not entirely concentrated on the driving task. Smart Eye's leading DMS software is a key component in Volvo Cars' Driver Understanding System, further helping drivers avoid collisions.
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Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) reports strong organic growth, with net sales up 53% to SEK 77.7 million in Q3 2023 and up 28% to SEK 210.9 million in Jan-Sep 2023. The company's Automotive business area grew by 83% in Q3, driven by favorable safety regulations in Europe, while Behavioral Research showed 17% organic growth. The CEO expects profitability next year based on continued growth and cost control.
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Smart Eye launches AIS CV Alert, a hardware and software driver monitoring system for bus and truck manufacturers to comply with EU's General Safety Regulation
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Smart Eye's AIS driver monitoring system for fleets has been named the 'Fleet Management Solution of the Year' in the 2023 Autotech Breakthrough Awards program. This recognition highlights AIS as an innovative tool for enhancing driver safety and fleet management. The integration of AIS with Geotab's fleet management platform provides a comprehensive solution for enhancing driver safety and performance. Smart Eye will showcase its AIS system at Busworld Europe 2023.
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Affectiva elevates its Emotion AI with Smart Eye Automotive Safety-Grade Eye Tracking Technology, pioneering a new attention metric for brands and entertainment companies.
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Smart Eye selected to deliver DMS software to 12 new car models with major Japanese car manufacturer, estimated revenue of SEK 500 million
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SMART EYE AKTIEBOLAG AK
OTC:SMTEF
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271.94M
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Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
United States of America
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