Mobileye (MBLY.US) receives orders from major U.S. car companies for DMS, stock price surges nearly 5% pre-market.

Mobileye (MBLY.US) announced a partnership agreement with an unnamed American automaker to integrate its Driver Monitoring System (DMS) in future models that will be equipped with the Mobileye EyeQ6L onboard chip. Following this news, the company's stock price rose nearly 5% in pre-market trading on Monday. According to the announcement, the American automaker plans to start production of vehicles with the integrated DMS in 2027, covering millions of vehicles across various models and years. Mobileye executive Nimrod Neustan stated, "The next generation of intelligent driving requires vehicles to provide richer environmental information, including road conditions ahead, cabin status, and their interaction. At the same time, automakers want to scale up the deployment of advanced driving features across their entire lineup without incurring additional costs from additional hardware or complex system integration. Mobileye's Driver Monitoring System perfectly addresses these two needs, enabling driver monitoring with environmental perception capabilities on a single advanced driver assistance system chip and electronic control unit platform. This is a unique technological advantage of Mobileye, and we look forward to assisting customers in achieving large-scale deployment."