 The collaboration agreement involves Mitsubishi Electric Mobility and Seeing Machines working together to access aftermarket automotive business opportunities in North America, Europe, and Japan. Here's a detailed breakdown of how this might affect the broader landscape, including Nissan, the Renault–Nissan–Mitsubishi Alliance, and the potential Honda takeover of Nissan:
Key Points of the Collaboration Agreement:
Joint Access to Aftermarket Opportunities:
Both companies aim to leverage their existing global aftermarket distribution channels, particularly Guardian Generation 3 (Seeing Machines' technology) and Mitsubishi Electric Mobility’s strong global reach.
This collaboration targets growth in aftermarket segments, which include products or services related to vehicle safety, driver assistance systems (DAS), and mobility technologies.
Adjacent Market Exploration:
Seeing Machines' proprietary IP (related to driver monitoring systems and AI-powered technologies) will enable both companies to enter new market segments where Mitsubishi Electric Mobility has a strong presence, possibly including smart mobility and autonomous driving solutions.
Subscription Agreement and Investment:
Mitsubishi Electric Mobility’s investment in Seeing Machines (£26.2 million, or $32.8 million) is a significant move, not only adding financial strength to Seeing Machines but also creating deeper strategic ties between the companies.
Mitsubishi Electric Mobility’s holding will increase to 19.9%, potentially influencing decision-making and strategy alignment.
Impact of the Renault-Nissan-Mitsubishi Alliance:
Since Mitsubishi Electric Mobility is part of Mitsubishi, which falls under the larger Renault-Nissan-Mitsubishi Alliance (with Nissan holding a 34% stake in Mitsubishi Motors), this deal could impact how the Alliance operates, but it depends on the focus area of the collaboration:
Operational Independence: Mitsubishi Electric Mobility primarily focuses on mobility and electronics systems, while Mitsubishi Motors (part of the Alliance) deals more with vehicle manufacturing. Thus, the Seeing Machines collaboration is likely to be more technology-driven, particularly in driver monitoring and AI, without direct interference from the Alliance’s vehicle production plans.
Alliance Synergies: The Renault-Nissan-Mitsubishi Alliance focuses heavily on sharing platforms, technology, and resources. This collaboration with Seeing Machines might provide opportunities for these technologies to be integrated across Alliance vehicles, potentially benefitting the group as a whole.
Honda's Takeover of Nissan:
If Honda takes over Nissan, this could have both direct and indirect implications for the Alliance and for the collaboration between Mitsubishi Electric Mobility and Seeing Machines:
Impact on the Renault-Nissan-Mitsubishi Alliance:
A Honda takeover of Nissan could disrupt the current Alliance structure. Since Nissan has significant influence within the Alliance (holding a major stake in Mitsubishi Motors), a takeover might reshape the dynamics and even dissolve or reconfigure the partnership.
However, if Honda continues Nissan’s commitments within the Alliance, this might not immediately affect the existing collaboration. In July 2023, the alliance announced a binding framework agreement to reshape its collaborative model. The agreement will focus on enhancing competitiveness and will include projects.
Potential Synergies for Seeing Machines:
If Honda takes control of Nissan, it might bring in their own strategic priorities, including technological investments and partnerships. Honda has been advancing in areas like autonomous driving and electric vehicles, which might complement Seeing Machines' AI and driver monitoring tech.
Depending on how Honda views the Renault-Nissan-Mitsubishi Alliance and its relationship with Mitsubishi Electric Mobility, this could bolster Seeing Machines’ technology integration across Alliance vehicles.
Conclusion:
In summary, while the Seeing Machines and Mitsubishi Electric Mobility collaboration will likely proceed independently of the broader Alliance dynamics, any significant shifts (like a Honda takeover of Nissan) could influence how these companies share and adopt new technologies across their vehicle lines.
The investment from Mitsubishi Electric Mobility indicates strong confidence in the collaboration, and it seems focused on the aftermarket and adjacent markets, which may buffer it from the more strategic decisions within the Alliance. Overall the deal between Honds and Nissan has been in the pipeline for the last 2 months through discussions. This would also include Mitsubishi's agreement with Seeing Machines going forward. |
is nvhlts coldfishpie - found you again! if so |
I thought NVH was a disgruntled shareholder but judging by his latest negativity he must be shorting |
That is not correct though is it!
One of our longest tie ups is with Samsung, a dead relationship. But just this week it looks like a major release is due at CES in partnership with them, for a vision based windscreen HUD development.
You have zero knowledge on Magna, just a daft assumption the deal has gone nowhere against the evidence with VW looking a major success for both companies (just not quite yet - market pace, not ours)
Gen 3 also looks to be promising for success in 2025 if the hints come true. (sources other than SEE)
The Mitsubishi deal enables stringent development to go ahead, R&D is the lifeblood of any company, so the investment is very welcome.
The problem with your BS is that you are so desperate to discredit the company for any reason, you cannot see how daft you make yourself look. |
Just a saddo feeling angry he has missed the rise from 3.2 to 4.75, so the obvious thing to do is pick on a perceived weakness then b1tch. The way the world is today, no one can just feel happy for someone else, just express envy.
NV, you really expect Paul to state that 4.09 is a rip off and the insti's got shafted? Sometimes your total lack of savvy is breathtaking
Looking forward to CES and possible Jap motor tie ups. |
Have you just arrived from Gothenburg Stonks -not sure we have seen you before but really tricky to understand your agenda . |
SEE is no pig. Worlds best DMS. Best aftermarket product. Macro situ affecting all in the auto sector. SEE proving they have the support of tier 1s. DMS market developing fast, SEE could capture way over 50%. Breakeven and into profit within 1 to 2 years, now has sufficent capital. |
Keep trying....I'm afraid we're on the up.
8-) |
Easy to understand. Share price value based on future profits and growth anticipated compared to share price obtainable in a difficult market with poor macro. |
In one breath Paul claims the current share price doesn't reflect what he believes is the true value and in another breath he claims the deal at 4p was a fair price. So in his mind we are valued fairly at 4p. Shocking |
At the end of trading the share price had lost nearly all of its gains from the high of the day. Nasty looking candlestick
Speaks volumes
Lipstick on a pig
Worth a lot less than 4.65p IMVHO |
Merry Xmas all |
nvh
Mate, it is what it is. I see no upside in complaining about it. It's a binary. You either hold the stock or you don't.
I note the JV between AISIN and the Mitsu Elec Mobility (MEM) company. signed late this year. More interesting is that AISIN is part of the Toyota group.
More interesting is the seismic changes now taking place this very week regarding Honda, Nissan and Mitsubushi. I'm sure MEM will be targeting this huge coming together for DMS, OMS etc etc
the timing is very interesting |
Mirabeau Skinny good find.
These companies just use little companies inventions, it seems to me whilst they themselves struggle.
Not an even playing field at all, in my opinion.
Anyway looks a bit more positive. |
Off the highs, but decent volume :-
free stock charts from uk.advfn.com |
Lombard & VSI will sell their shares tomorrow morning at a premium to the amount paid for the 15%-presumably the price will be set tomorrow morning |
So the new shares will be admitted to Aim from the 24th will the share price drop down by the diluted amount of 15% or is that already priced in. Thanks |
Terrific news.
No wonder the share price has been going up recently. |
BOOM! SEYE is dead
Peel Hunt analysts had previously flagged concerns ‘caused by industry weakness’ about Seeing Machine’s balance sheet and its ability to meet its profitability targets.
But the broker said on Monday the Mitsibishi deal, ‘whilst diluting shareholders’, is a ‘decent option to solve its balance sheet issues’ and unlocks ‘significantly more value in terms of commercial opportunities than a distressed equity raise’.
Peel Hunt, which holds a buy rating for Seeing Machines with a target price of 7p, said: ‘This investment secures the next c.18 months of runway for Seeing Machines, by which point the company plans to be cash generative
‘Previously, Mitsubishi was working with SEE’s main competitor Smart Eye in the automotive sector, underlining the superiority of its product.
‘This is not the first significant customer to make the switch, as BMW (a significant volume driver) previously swapped Smart Eye for Seeing Machines
‘We believe in the long-run prospects of the firm, further bolstered by the continued progress in its automotive product.
‘Once camera-based DMS becomes mandated in the summer of 2026, we expect to see demand accelerate, bringing with it significant cash generation.’
end |
very interesting update from Mitsu and SEE partnership..new insights from today's news |
My thoughts are that big companies take advantage of small innovative individuals and probably always have done.
I take it your little short was spoilt further this morning Stonks.
Anyway back to family and friends today. |
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