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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Seeing Machines Limited | LSE:SEE | London | Ordinary Share | AU0000XINAJ0 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -0.70% | 4.26 | 4.255 | 4.29 | 4.29 | 4.15 | 4.285 | 1,939,017 | 11:14:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Related Svcs, Nec | 57.77M | -15.55M | -0.0037 | -11.51 | 177.05M |
TIDMSEE
RNS Number : 1775K
Seeing Machines Limited
12 December 2018
12 December 2018
Seeing Machines Limited
Collaboration with L3 to deliver eye tracking for major airline's Full Flight Simulator
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to announce that it has partnered with L3 Commercial Aviation, a leading provider of airline pilot training solutions, to deliver integrated eye tracking capabilities into their Full Flight Simulator (FFS). The first device with this functionality will be delivered to a major Australian airline in 2019.
Seeing Machines and L3 have developed a solution to provide and leverage the Group's industry leading eye tracking capability and signals, to be deployed into a new Boeing 787 FFS. This marks the first time that a permanent fully integrated eye tracking solution has been delivered into a FFS device used for civil aviation pilot training.
New head-up displays within commercial airlines provide a huge amount of information for pilots but ensuring that it is used correctly is crucial. Seeing Machines' eye-tracking technology will provide the ability to monitor and evaluate both the performance of the pilots and their decision-making processes during simulator exercises. This will help to standardise head-up display flight training across the airline's organisation and optimise training outcomes for pilots and instructors, both in real-time and for post scenario debrief.
"We are continuously looking to evolve and ultimately enhance our training offer by incorporating new technologies into our full range of training devices," commented Robin Glover-Faure, President of Commercial Training Solutions, which is part of L3 Commercial Aviation.
"The implementation of the eye tracking technology is a substantial development within the world of pilot training and will provide critical data to better measure, tailor and advance training programs."
Patrick Nolan, GM of Aviation at Seeing Machines, added: "We are delighted to be working with L3 to deliver this training solution.
"The feedback from the aviation industry on the benefits of this capability and solution have been very positive. It is great to see the transition to a fully integrated solution that will provide valid data to support and optimise flight training in what we believe will be the first of many engagements across the industry."
Enquiries:
Seeing Machines Limited www.seeingmachines.com +61 2 6103 4700 Ken Kroeger, CEO Sophie Nicoll - VP, Marketing & Communications Cenkos Securities plc (Nominated Adviser and Joint Broker) Neil McDonald/Beth McKiernan/Pete Lynch +44 131 220 6939 Canaccord Genuity Limited (Joint Broker) +44 20 7523 8000 Simon Bridges/Richard Andrews Instinctif Partners +44 20 7427 1412 Adrian Duffield/Kay Larsen/Chantal Woolcock L3 Commercial Aviation +44 1293 491520 Richard Wolfe, Marketing Communications Manager
About Seeing Machines
Seeing Machines (LSE: SEE), a global company headquartered in Australia, is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company's machine learning vision platform has the know-how to deliver real-time understanding of drivers through Artificial Intelligence (AI) analysis of heads, faces and eyes. This insight enables Driver Monitoring Systems (DMS), which monitor driver/operator attention and can identify drowsiness and distraction across multiple transport sectors.
Seeing Machines develops DMS for the Automotive, Commercial Fleet, Aviation, Rail and Off-Road markets. The Company has offices in Australia, USA, Europe and Asia, and delivers multi-platform solutions ranging from embedded software and processors to aftermarket system and service solutions to industry leaders in each vertical.
DMS is now considered a core safety technology for the Automotive industry, particularly with the development of semi-autonomous and self-driving cars. DMS is also increasingly seen to be an integral safety feature across the Commercial Transport & Logistics industry globally.
www.seeingmachines.com
About L3 Commercial Aviation
L3 Commercial Aviation provides holistic solutions across a wide range of services to the commercial aviation industry. From check-in to touchdown, L3 Commercial Aviation's integrated solutions work to make air travel safer, more efficient and more effective. Its expertise extends across on-aircraft avionics, integrated airport security and complete pilot training offerings. It combines products and services from L3's Aviation Products, Commercial Training Solutions (CTS), and Security & Detection Systems business units, as well as ACSS, a joint venture of L3 and Thales. To learn more about L3 Commercial Aviation, please visit the company's website at www.L3CommercialAviation.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
December 12, 2018 02:00 ET (07:00 GMT)
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