Smart Eye added two driver-monitoring models at a Korean carmaker, put at SEK 75 million

Smart Eye said on 9 November that it had been selected to supply its driver monitoring system software for two more car models from an existing customer, a major Korean vehicle manufacturer it did not name, according to its regulatory release. The order came through a global Tier 1 supplier, which was also not named.

Both models are based on an electric vehicle platform that already includes Smart Eye’s technology, and one of them is a top-selling vehicle for the manufacturer. Production of both is scheduled to begin in mid-2027. Smart Eye estimated that the order will generate SEK 75 million in revenue, based on projected product life cycle volumes.

Chief executive Martin Krantz said the first model on a platform is often only the beginning, and that with production starting in mid-2027, the two models would start contributing licence revenue relatively soon. The company said it has now received a total of 382 design wins from 24 vehicle manufacturers.