Seeing Machines enters key collaboration with Magna, includes US$65 million investment through an exclusivity arrangement and convertible note

Seeing Machines enters key collaboration with Magna, includes US$65 million investment through an exclusivity arrangement and convertible note

Seeing Machines Limited (“Seeing Machines” or the “Company”), the advanced computer vision technology company that designs AI- powered operator monitoring systems to improve transport safety, is pleased to announce an exclusive collaboration agreement (“Agreement”) with Magna International (“Magna”), to pursue driver and occupant monitoring system business targeting the vehicle’s interior rear-view mirror

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Seeing Machines enters key collaboration with Magna, includes US$65 million investment through an exclusivity arrangement and convertible note

2022-10-07 22:02