Smart Eye Announces New Driver Monitoring System Design Win with Leading North American Car Manufacturer
Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) has secured a new design win for its Driver Monitoring System (DMS) technology with a leading North American car manufacturer. The order, valued at SEK 10 million, is for a new car model to be produced in China starting in 2026. This extends the company's relationship with an existing customer who has previously implemented Smart Eye's software in several car models.
With this addition, Smart Eye now boasts 359 design wins from 22 OEMs. The combined estimated lifetime value from current design wins exceeds SEK 8.235 billion, with potential for an additional SEK 3.215 billion from possible future design wins with these manufacturers.
CEO Martin Krantz emphasized that this win reinforces Smart Eye's position as a provider of high-quality, reliable DMS solutions and underscores their commitment to advancing vehicle safety worldwide.
Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) ha ottenuto un nuovo successo di design per la sua tecnologia Sistema di Monitoraggio del Conducente (DMS) con un importante produttore di automobili nordamericano. L'ordine, del valore di 10 milioni di SEK, è per un nuovo modello di auto che sarà prodotto in Cina a partire dal 2026. Questo estende la relazione dell'azienda con un cliente esistente che ha già implementato il software di Smart Eye in diversi modelli di auto.
Con questa aggiunta, Smart Eye vanta ora 359 successi di design da 22 produttori di attrezzature originali (OEM). Il valore stimato combinato della vita utile degli attuali successi di design supera 8,235 miliardi di SEK, con la possibilità di un ulteriore 3,215 miliardi di SEK da futuri successi di design con questi produttori.
Il CEO Martin Krantz ha sottolineato che questa vittoria rafforza la posizione di Smart Eye come fornitore di soluzioni DMS di alta qualità e affidabili, evidenziando il loro impegno per il miglioramento della sicurezza dei veicoli in tutto il mondo.
Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) ha conseguido una nueva victoria de diseño para su tecnología de Sistema de Monitoreo del Conductor (DMS) con un importante fabricante de automóviles de América del Norte. El pedido, valorado en 10 millones de SEK, es para un nuevo modelo de automóvil que se producirá en China a partir de 2026. Esto extiende la relación de la empresa con un cliente existente que ya ha implementado el software de Smart Eye en varios modelos de automóviles.
Con esta adición, Smart Eye ahora cuenta con 359 victorias en diseño de 22 fabricantes de equipos originales (OEM). El valor estimado de la vida útil combinada de las victorias actuales en diseño supera 8,235 mil millones de SEK, con el potencial de obtener 3,215 mil millones de SEK adicionales de posibles futuras victorias de diseño con estos fabricantes.
El CEO Martin Krantz enfatizó que esta victoria refuerza la posición de Smart Eye como proveedor de soluciones DMS de alta calidad y confiables y subraya su compromiso con el avance de la seguridad vehicular en todo el mundo.
스마트 아이 (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9)는 북미의 선두 자동차 제조업체와 운전 모니터링 시스템(DMS) 기술에 대한 새로운 디자인 승리를 확보했습니다. 이 주문의 가치는 1천만 SEK이며, 2026년부터 중국에서 생산될 새로운 자동차 모델을 위한 것입니다. 이는 스마트 아이 소프트웨어가 여러 자동차 모델에 이미 적용된 기존 고객과의 관계를 연장하는 것입니다.
이 추가로 인해 스마트 아이는 현재 22개 OEM에서 359개의 디자인 승리를 기록하게 되었습니다. 현재의 디자인 승리에 대한 총 예상 생애 가치는 82.35억 SEK를 초과하며, 이러한 제조업체와의 미래 디자인 승리에서 추가적으로 32.15억 SEK의 잠재력이 있습니다.
CEO 마틴 크란츠는 이번 승리가 스마트 아이를 신뢰할 수 있는 고품질 DMS 솔루션 제공업체로서의 위치를 강화하고, 전 세계적으로 자동차 안전을 향상시키려는 그들의 의지를 강조한다고 언급했습니다.
Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) a obtenu une nouvelle victoire en matière de design pour sa technologie Système de Surveillance du Conducteur (DMS) avec un important constructeur automobile nord-américain. La commande, d'une valeur de 10 millions de SEK, concerne un nouveau modèle de voiture qui sera produit en Chine à partir de 2026. Cela prolonge la relation de l'entreprise avec un client existant qui a déjà implémenté le logiciel de Smart Eye dans plusieurs modèles de voitures.
Avec cet ajout, Smart Eye compte désormais 359 victoires en design de 22 OEM. La valeur de durée de vie combinée estimée des victoires en design actuelles dépasse 8,235 milliards de SEK, avec un potentiel supplémentaire de 3,215 milliards de SEK provenant de futures victoires possibles avec ces fabricants.
Le PDG Martin Krantz a souligné que cette victoire renforce la position de Smart Eye en tant que fournisseur de solutions DMS de haute qualité et fiables, et souligne leur engagement à améliorer la sécurité des véhicules dans le monde entier.
Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) hat einen neuen Designgewinn für seine Fahrerüberwachungssystem (DMS)-Technologie mit einem führenden nordamerikanischen Automobilhersteller gesichert. Der Auftrag, der einen Wert von 10 Millionen SEK hat, ist für ein neues Automodell, das ab 2026 in China produziert werden soll. Dies erweitert die Beziehung des Unternehmens zu einem bestehenden Kunden, der bereits die Software von Smart Eye in mehreren Automodellen eingesetzt hat.
Mit dieser Ergänzung verfügt Smart Eye nun über 359 Designgewinne von 22 OEMs. Der geschätzte kumulierte Lebenszeitwert der aktuellen Designgewinne übersteigt 8,235 Milliarden SEK, mit dem Potenzial für zusätzliche 3,215 Milliarden SEK aus möglichen zukünftigen Designgewinnen mit diesen Herstellern.
CEO Martin Krantz betonte, dass dieser Gewinn Smart Eyes Position als Anbieter von hochwertigen, zuverlässigen DMS-Lösungen stärkt und ihr Engagement für die Verbesserung der Fahrzeugsicherheit weltweit unterstreicht.
- New design win with leading North American car manufacturer
- Order valued at SEK 10 million
- Extends relationship with existing customer
- Total design wins increased to 359 from 22 OEMs
- Combined estimated lifetime value of current design wins exceeds SEK 8.235 billion
- Potential for additional SEK 3.215 billion from possible future design wins
- None.
GÖTEBORG, SWEDEN / ACCESSWIRE / September 24, 2024 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) has been selected to deliver its world-leading Driver Monitoring System (DMS) technology to a new car model. The estimated revenue of the order is SEK 10 million based on estimated product life cycle projections.
Gothenburg, Sweden - September 24, 2024 - Smart Eye, the leading developer of DMS software for the automotive industry, will deliver its technology to a new car model by an existing customer.
The customer is a leading North American car manufacturer with a global manufacturing footprint. This OEM has previously sourced Smart Eye's software for implementation in several of its earlier car models and has now chosen to extend the technology to a new vehicle
The new car model, including Smart Eye's technology, will go into production in China in 2026. The estimated revenue for the order is SEK 10 million, based on product life cycle volume projections.
"As we continue to strengthen our relationships with top-tier car manufacturers, this new design win underscores our commitment to delivering high-quality, reliable DMS solutions," said Martin Krantz, CEO and Founder of Smart Eye. "Our innovative technology continues to set the industry standard, and we are proud to provide the foundation for safer, more advanced vehicles worldwide."
Smart Eye has now received a total of 359 design wins from 22 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 8.235 billion. The estimated value over the product lifecycle from possible additional design wins with all 22 vehicle manufacturers is SEK 3.215 billion.
For more information:
Martin Krantz, CEO Smart Eye AB
Phone: +46 70-329 26 98
Email: 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, 26 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 Carnegie Investment Bank AB (publ).
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 2024-09-24 14:30 CEST.
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SOURCE: Smart Eye
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FAQ
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