Neonode Inc. has been awarded by a leading commercial vehicle OEM to supply Driver Monitoring System (DMS) software to the OEM's global range of commercial vehicles. Neonode will provide a bespoke solution based on its proprietary MultiSensing platform. Neonode will receive licensing revenues from 2025 when the first vehicles equipped with Neonode's solution reach the market.

The program will also generate non-recurring engineering revenues for Neonode during the coming years.