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Redeye comments on Smart Eye's breakthrough deal for AIS with Linde. Redeye believes this deal confirms the potential of the AIS product. However, it is still difficult to predict the adoption of the technology. Redeye currently estimates AIS to generate revenues of SEK21m in 2023e and SEK47m in 2024e. While positive about the deal, Redeye maintains its revenue estimates and fair value range with Base Case at SEK145.
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