Seeing Machines (LSE:SEE) has reported a 69% increase in the number of vehicles equipped with its monitoring technology, now exceeding 3.7 million units, as it prepares for the EU’s 2026 General Safety Regulation deadline. The company expects to move toward profitability driven by rising automotive royalties, an expanding Guardian pipeline, and ongoing cost management initiatives. Notable developments include a strategic partnership with Mitsubishi Electric Mobility Corporation, securing a £26.2 million investment, along with new referral agreements across the Americas and Europe. While an EBITDA loss is projected, the company’s financial performance improved in the second half of FY2025, and it targets a cashflow break-even run rate by year-end.
About Seeing Machines
Seeing Machines Limited, established in 2000 and based in Australia, is a global leader in vision-based monitoring solutions that enhance transport safety. The company develops AI-powered operator monitoring systems for automotive, commercial fleet, off-road, and aviation sectors. Its technology integrates AI algorithms and embedded processing to provide real-time insights into vehicle operators’ cognitive states, aiming to reduce accident risks. Seeing Machines maintains a global presence with offices in Australia, the USA, Europe, and Asia.
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