3 design wins for Smart Eye. New Japanese OEM.
Smart Eye will deliver Driver Monitoring System (DMS) to a new and existing car manufacturer (OEM). The new OEM is one of Japan’s largest and the second Japanese OEM for Smart Eye, which now cooperates in total with nine OEMs. Smart Eye’s technology will be launched in 3 new car models, and the estimated revenue of the order is MSEK 100, based on forecasts of the estimated product life cycle.
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During the last few years, those of us who like to keep up with car industry developments have gotten to witness the dawn of a very interesting new era. The strict emission standards adapted in Europe and China has even our most established car makers turning down tradition in order to secure their place in the electrification revolution. Ambitious car manufacturers are focusing their production on recyclable materials like aluminum. Asphalt in Los Angeles is even being painted white in order to reduce the heat built up on the city’s boiling streets..
Smart Eye receives additional eight design wins with existing Japanese OEM
Smart Eye will deliver DMS technology to eight additional car models to one of Japan’s largest OEMs. This is an extension of the two design wins with one of Japan’s and Europe’s largest OEM: s communicated in May this year. The order is now a total of 10 car models with SOP of the first car in 2020. Estimated revenue of the additional eight car models is 200 MSEK based on estimated product life cycle projections.
“These eight additional design-wins not only prove that our offering continues to stand strong in relation to the growing demand of DMS technology on the world market. It also shows that our momentum on the Japanese market helps to solidify our global market leading position. I am very proud of the team responsible for achieving this outcome” says Martin Krantz, CEO of Smart Eye.
German Aerospace Center (DLR) orders additional Smart Eye Pro systems
Long-term customer, The German Aerospace Center, or DLR (Deutsches Zentrum für Luft- und Raumfahrt) orders an additional Smart Eye Pro system. The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt e.V.), abbreviated DLR, is the national center for aerospace, energy and transportation research of Germany. DLR is one of Smart Eyes long time customers. They are using both the Smart Eye Pro system (SEP) and the updated version the Smart Eye Pro dx for several years in their efforts to develop automotive and railway systems as well as traffic management. For its new project..