Smart Eye Announces Additional DMS Design Win with Existing European Customer

Rhea-AI Summary

Smart Eye (OTC: SMTEF) will supply its Driver Monitoring System (DMS) software to a new fully electric sports car from an existing European premium OEM customer. According to Smart Eye, the order is estimated to generate about SEK 15 million in revenue over the model’s product life cycle.

Production of the new model with Smart Eye’s DMS is scheduled to begin in mid 2027. With this follow-on award, Smart Eye reports a total of 380 automotive design wins from 24 OEMs, strengthening its position in driver monitoring and interior sensing software.

Positive

• New DMS design win with existing European premium OEM customer
• Order estimated to generate about SEK 15 million over product life cycle
• Production of the new electric sports car starts in mid 2027
• Total automotive design wins reach 380 across 24 OEMs

Negative

• SEK 15 million revenue is an estimate based on projected product life cycle volumes
• Revenue contribution will not begin until vehicle production starts in mid 2027

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GÖTEBORG, SE / ACCESS Newswire / August 27, 2026 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) will supply its Driver Monitoring System (DMS) software to a new fully electric sports car from an existing customer. The estimated revenue is SEK 15 million based on product life cycle projections.

Gothenburg, Sweden - August 27, 2026 - Smart Eye, a global leader in DMS and interior sensing software for the automotive industry, has been selected to deliver its technology to an additional model from an existing European premium OEM customer.

Production of the new model equipped with Smart Eye's DMS software is scheduled to begin in mid 2027. Based on projected product life cycle volumes, the order is estimated to generate SEK 15 million in revenue.

"It is always welcome when an existing customer selects us for another model, especially when production is due to start in the near term," said Martin Krantz, CEO and Founder of Smart Eye. "These follow-on orders are very attractive since they don't require us to make any changes to the software. We expect many more of these in the near future."

Smart Eye has now received a total of 380 design wins from 24 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.

This information is information that Smart Eye is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-08-27 12:05 CEST.

Attachments

Smart Eye Announces Additional DMS Design Win with Existing European Customer

SOURCE: Smart Eye

View the original press release on ACCESS Newswire

FAQ

What did Smart Eye (OTC: SMTEF) announce on August 27, 2026?

Smart Eye announced a new Driver Monitoring System software design win for a fully electric sports car from an existing European premium OEM. According to Smart Eye, this follow-on order expands its use in the customer’s lineup and supports future automotive DMS revenue.

How much revenue is Smart Eye’s new DMS design win expected to generate for SMTEF shareholders?

The new DMS order is estimated to generate about SEK 15 million in revenue over the vehicle’s product life cycle. According to Smart Eye, this figure is based on projected life cycle volumes for the new fully electric sports car model.

When will production start for the new electric sports car using Smart Eye’s DMS software?

Production of the new model equipped with Smart Eye’s Driver Monitoring System is scheduled to begin in mid 2027. According to Smart Eye, revenue from this design win is tied to these production volumes over the model’s life cycle.

How many automotive design wins does Smart Eye (SMTEF) have as of August 2026?

Smart Eye reports a total of 380 automotive design wins from 24 OEM customers as of this announcement. According to Smart Eye, these wins span global carmakers and reflect broad adoption of its driver monitoring and interior sensing software solutions.

Who is the European premium OEM behind Smart Eye’s latest DMS order announced in August 2026?

Smart Eye describes the customer only as an existing European premium OEM and does not disclose the name. According to Smart Eye, the new win covers a fully electric sports car model using its Driver Monitoring System software.

What does the new DMS design win mean for Smart Eye’s existing customer relationships?

The announcement highlights that an existing customer selected Smart Eye for an additional model, indicating repeat business. According to Smart Eye, such follow-on orders are attractive because they typically require no software changes and can scale across more vehicle programs.