8th Nov 2021 15:31
Seeing Machines Ltd - Canberra-based driver monitoring technology - Notes approval on Friday by US House of Representatives of USD1.2 trillion infrastructure spending programme which includes "key provisions to improve automotive safety". Packages include an act that requires driver monitoring systems to detect distracted driving. Also includes measure requiring new cars to use "advanced drunk driving technology". The legislation requires the US National Highway Traffic Administration to research DMS and begin the rulemaking process for it.
Current stock price: 11.30 pence, up 4.6% on Monday
Year-to-date change: up 64%
By Tom Waite; [email protected]
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