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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''.

Quick facts: Seeing Machines Ltd.

Price: 9.65 GBX

Market: AIM
Market Cap: £360.64 m


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Seeing Machines CEO says first half has been 'period of growth' as landscape...

Seeing Machines PLC's (LON:SEE) CEO Paul McGlone tells Proactive's Andrew Scott he's expecting to report a 14.6% year-on-year increase in revenue for the six months to December 31, 2020. He says the first half of its current financial year has been a period of growth despite the effects of the...

3 weeks, 3 days ago

2 min read