Smart Eye Announces New Driver Monitoring System Design Win with Major Japanese Car Manufacturer
Smart Eye (STO:SEYE, OTC PINK:SMTEF, FRA:SE9) has secured a new Driver Monitoring System (DMS) design win with a major Japanese car manufacturer. The order, valued at SEK 25 million, is for an additional car model from an existing customer, set to go into production in 2026. This brings Smart Eye's total design wins to 358 from 22 OEMs, with a combined estimated lifetime value of over SEK 8.225 billion.
The Japanese OEM will expand the range of features provided by Smart Eye's DMS technology in this new model. Smart Eye, a leading developer of DMS software for the automotive industry, estimates an additional potential value of SEK 3.225 billion from possible future design wins with all 22 vehicle manufacturers.
Smart Eye (STO:SEYE, OTC PINK:SMTEF, FRA:SE9) ha ottenuto una nuova vittoria nel design del Sistema di Monitoraggio del Conducente (DMS) con un importante costruttore automobilistico giapponese. L'ordine, del valore di 25 milioni di SEK, riguarda un ulteriore modello di auto da un cliente esistente, destinato ad entrare in produzione nel 2026. Questo porta il totale delle vittorie nel design di Smart Eye a 358 da 22 OEM, con un valore di vita stimato complessivo di oltre 8,225 miliardi di SEK.
Il costruttore giapponese amplierà la gamma di funzionalità offerte dalla tecnologia DMS di Smart Eye in questo nuovo modello. Smart Eye, leader nello sviluppo di software DMS per l'industria automobilistica, stima un valore potenziale aggiuntivo di 3,225 miliardi di SEK da possibili future vittorie di design con tutti i 22 produttori di veicoli.
Smart Eye (STO:SEYE, OTC PINK:SMTEF, FRA:SE9) ha conseguido una nueva victoria en el diseño de un Sistema de Monitoreo del Conductor (DMS) con un importante fabricante de automóviles japonés. El pedido, valorado en 25 millones de SEK, es para un modelo adicional de un cliente existente, que comenzará la producción en 2026. Esto eleva el total de victorias en diseño de Smart Eye a 358 de 22 OEM, con un valor estimado de vida útil total de más de 8,225 mil millones de SEK.
El OEM japonés ampliará la gama de características proporcionadas por la tecnología DMS de Smart Eye en este nuevo modelo. Smart Eye, un desarrollador líder de software DMS para la industria automotriz, estima un valor potencial adicional de 3,225 mil millones de SEK de posibles futuras victorias de diseño con los 22 fabricantes de vehículos.
스마트 아이 (STO:SEYE, OTC PINK:SMTEF, FRA:SE9)는 일본의 주요 자동차 제조업체와 함께 새로운 운전자 모니터링 시스템(DMS) 디자인 우승을 확보했습니다. 이 주문은 2500만 SEK의 가치를 지니며, 기존 고객의 추가 차량 모델에 대한 것으로, 2026년에 생산될 예정입니다. 이를 통해 스마트 아이의 총 디자인 우승 수는 22개 OEM에서 358로 증가하며, 총 추정 생애 가치는 82.25억 SEK를 초과합니다.
일본 OEM은 이 새로운 모델에서 스마트 아이의 DMS 기술이 제공하는 기능 범위를 확대할 예정입니다. 스마트 아이는 자동차 산업을 위한 DMS 소프트웨어 개발의 선두주자로서, 22개 차량 제조업체와의 가능한 향후 디자인 우승에서 32.25억 SEK의 추가 잠재 가치를 추정하고 있습니다.
Smart Eye (STO:SEYE, OTC PINK:SMTEF, FRA:SE9) a décroché une nouvelle victoire dans le design d'un Système de Suivi du Conducteur (DMS) avec un grand constructeur automobile japonais. La commande, d'une valeur de 25 millions de SEK, concerne un modèle de voiture supplémentaire d'un client existant, qui doit entrer en production en 2026. Cela porte le total des victoires en design de Smart Eye à 358 provenant de 22 OEM, avec une valeur de vie estimée combinée de plus de 8,225 milliards de SEK.
Le constructeur japonais va élargir la gamme de fonctionnalités offertes par la technologie DMS de Smart Eye dans ce nouveau modèle. Smart Eye, un développeur de premier plan de logiciels DMS pour l'industrie automobile, estime une valeur potentielle supplémentaire de 3,225 milliards de SEK provenant de futures victoires possibles en design avec tous les 22 fabricants de véhicules.
Smart Eye (STO:SEYE, OTC PINK:SMTEF, FRA:SE9) hat einen neuen Gewinn im Design eines Fahrerüberwachungssystems (DMS) mit einem großen japanischen Automobilhersteller gesichert. Der Auftrag, der einen Wert von 25 Millionen SEK hat, betrifft ein zusätzliches Automodell eines bestehenden Kunden, das voraussichtlich im 2026 in Produktion gehen wird. Dies bringt die Gesamtanzahl der Designgewinne von Smart Eye auf 358 von 22 OEMs, mit einem geschätzten Gesamtlebenszeitwert von über 8,225 Milliarden SEK.
Der japanische OEM wird die Palette der Funktionen erweitern, die mit der DMS-Technologie von Smart Eye in diesem neuen Modell angeboten werden. Smart Eye, ein führender Entwickler von DMS-Software für die Automobilindustrie, schätzt einen zusätzlichen möglichen Wert von 3,225 Milliarden SEK aus zukünftigen möglichen Designgewinnen mit allen 22 Fahrzeugherstellern.
- Secured a new DMS design win worth SEK 25 million
- Expanded business with existing major Japanese car manufacturer
- Increased total design wins to 358 from 22 OEMs
- Combined estimated lifetime value of current design wins exceeds SEK 8.225 billion
- Additional potential value of SEK 3.225 billion from possible future design wins
- None.
Smart Eye has been selected to deliver its Driver Monitoring System (DMS) software to an additional car model. The estimated revenue of the order is SEK 25 million based on estimated product life cycle projections.
GÖTEBORG, SWEDEN / ACCESSWIRE / August 29, 2024 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9), 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 Japanese car manufacturer with a global manufacturing footprint. This OEM, which has previously sourced Smart Eye's software for implementation in several of its earlier car models, has now chosen to extend the technology to an additional vehicle. For this new model, the manufacturer will also expand the range of features provided by Smart Eye's DMS technology.
The new car model including Smart Eye's technology will go into production in 2026. The estimated revenue for the order is SEK 25 million, based on product life cycle volume projections.
Smart Eye has now received a total of 358 design wins from 22 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 8.225 billion. The estimated value over the product lifecycle from possible additional design wins with all 22 vehicle manufacturers is SEK 3.225 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 2024-08-29 14:45 CEST.
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Smart Eye Announces New Driver Monitoring System Design Win with Major Japanese Car Manufacturer
SOURCE: Smart Eye
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