Growth

Our next milestone is to scale with the current deployed customers. We are projecting to achieve the following in 2023\r\na) Scale the solution to 100K devices among the current deployed customers:\r\nProjection of 100K devices in production from Bridgestone, SmartWitness, EKS and Bendix\r\n20K devices added to production from existing customers that are currently evaluating the solution\r\n10K devices added to production from new logos that are currently in the pipeline\r\nb) SDK For Edge Devices : We have traction from multiple customers such as \r\nTIER1: Panasonic Automotive, Bendix, Danlaw, Tata Motors etc.\r\nFleet Management Companies : Loconav, Azuga, SmartWitness, Eroad etc.\r\nWe estimate 30-50K SDK license business in 2023 from ii) Volumes will come from OEM/TIER1 in 2024 and beyond. We will have development NRE opportunities with OEM/TIER 1 \r\nc)Turn-Key Solutions : We anticipate that we can sell 500-1000 channel partner devices in 2023. This will be $6-8 per device/month.\r\n