StockMarketWire.com - Computer vision technology company Seeing Machines said it had won a program design contact from a Chinese original equipment manufacturer worth more than $10m (£5.6m).

Mass production was scheduled from 2019 and the technology would be delivered on Seeing Machines' proprietary Fovio chip.

The first material production revenue as expected to be recognised in Seeing Machines' 2020 financial year, the company said.


At 9:33am: [LON:SEE] Seeing Machines Ltd share price was +0.3p at 11.33p



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