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Smart Eye Adds Cabin Monitoring to Existing DMS Program

The order adds estimated life cycle revenue beyond previously contracted driver monitoring licenses without increasing total design wins.

(Moderate)

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Smart Eye (SMTEF) has been selected to add cabin monitoring software to a European automaker’s model already using its driver monitoring software.

The company estimates SEK 20 million in additional revenue based on projected product life cycle volumes, beyond previously contracted driver monitoring system (DMS) license revenue. Production is scheduled to begin in the second quarter of 2027.

The order brings Interior Sensing selections to 19 car models from 4 automakers. Total design wins remain unchanged at 380 from 24 automakers because the model was already awarded for DMS.

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Positive

  • Minor point. Forward-looking: it has not happened yet and may not happen.Cabin monitoring selection adds an estimated SEK 20 million in revenue based on projected product life cycle volumes.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Model production is scheduled to begin in the second quarter of 2027.
  • Minor pointInterior Sensing selections now cover 19 car models from 4 automakers.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Smart Eye expects more cabin monitoring orders as customers add the technology to existing DMS programs.

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GÖTEBORG, SE / ACCESS Newswire / October 26, 2026 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) - Smart Eye, a leading developer of driver monitoring and interior sensing technology for the automotive industry, has been selected to supply its cabin monitoring software to a new car model from a major European OEM customer. Smart Eye has previously been selected to deliver DMS software for the same model.

Cabin monitoring provides information about occupants and activities throughout the vehicle interior, supporting safety and comfort functions.

Production of the new model is scheduled to begin in the second quarter of 2027. Based on projected product life cycle volumes, the order is estimated to generate SEK 20 million in additional revenue, on top of the previously contracted DMS license revenue.

"Once we are established on a platform, additional models and features often follow with very short lead times," said Martin Krantz, CEO and Founder of Smart Eye. "This is a typical example: a smaller order, but one that will reach production soon. We expect many more of these as customers add cabin monitoring to our existing DMS programs."

As this model was previously awarded for DMS, Smart Eye's total remains unchanged at 380 design wins from 24 OEMs. With this additional order, Smart Eye's Interior Sensing technology has been selected for a total of 19 car models by 4 OEMs.

For more information:

Martin Krantz, CEO Smart Eye AB
+46 70-329 26 98
martin.krantz@smarteye.se

About Smart Eye

Smart Eye is the leading provider of Human Insight AI, technology that understands, supports and predicts human behavior in complex environments. The company is on a mission to bridge the gap between humans and machines for a safe and sustainable future. Supported by Affectiva and iMotions - companies it acquired in 2021 - Smart Eye's multimodal software and hardware solutions provide unparalleled insight into human behavior.

In automotive, Smart Eye's driver monitoring systems and interior sensing solutions improve road safety and the mobility experience. The company's eye tracking technology and iMotions biosensor software platform are also used in behavioral research to enable advanced research in academic and commercial sectors. In media analytics, Affectiva's Emotion AI provides the world's largest brands and market researchers with a deeper understanding of how consumers engage with content, products, and services.

Founded in 1999, Smart Eye is a global company headquartered in Sweden, with customers including NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Polestar, Geely, Harvard University, 28 percent of the Fortune Global 500 companies, and over 1,300 research organizations around the world.

Visit www.smarteye.ai for more information.

Visit our investor web for more financial information: https://smarteye.se/investors/

Smart Eye is listed on the Nasdaq First North Growth Market. The Company's Certified Adviser is Bergs Securities AB.

Attachments

Smart Eye Adds Cabin Monitoring to Existing DMS Program

SOURCE: Smart Eye



View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much additional revenue does Smart Eye expect from the cabin monitoring order?

Smart Eye estimates SEK 20 million in additional revenue based on projected product life cycle volumes. This is in addition to previously contracted driver monitoring system license revenue for the same model.

When is production scheduled for the model using Smart Eye’s added cabin monitoring software?

Production of the European automaker’s new model is scheduled to begin in the second quarter of 2027.

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