Seeing Machines Limited has been appointed by a new global automotive Tier-1 customer to deliver its FOVIO Driver Monitoring System (DMS) for a new European Automaker (OEM). The program has been awarded with certain minimum volume guarantees, covering a number of vehicle models with start of production scheduled from early 2024 and an initial value of AUD 27 million, bringing the total number of OEM customers to 10. The program will be delivered via Company's embedded Driver Monitoring Engine (FOVIO e-DME software library), pre-integrated and optimised for Qualcomm's 3rd generation Snapdragon Cockpit Platforms. Seeing Machines continues to grow as an automotive technology leader in Driver and Occupant Monitoring Systems, having now won a total of 13 automotive programs spanning 10 individual OEMs, covering more than 110 distinct vehicle models.

Delivered with an increasingly rich mix of proven global automotive Tier-1 customers and partners, the cumulative initial lifetime value of all Seeing Machines won automotive OEM programs stands at AUD 372 million.