Seeing Machines (GB:SEE) has released an update.
Seeing Machines Limited continues its remarkable growth trajectory, doubling the number of cars equipped with its technology to over 2.6 million in the past year, indicating strong demand despite global automotive sector challenges. The company’s quarterly production has surged by 83% year-on-year to 405,669 units, and its strategic partnership with Caterpillar is expected to further drive non-recurring revenue. With the upcoming release of Guardian Generation 3, Seeing Machines anticipates accelerated growth in its aftermarket segment.
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