Stoneridge today announced a major new program award for its MirrorEye
Camera Monitor System (CMS), further strengthening the company's position as a
leader in advanced vision and safety technologies.
The award, the largest bus and coach CMS program in Stoneridge's
history, is with an existing bus platform of a leading global commercial
vehicle manufacturer. The program represents approximately $42.3 million in
projected lifetime revenue and approximately $10.6 million in estimated peak
annual revenue, with full commercialization expected in 2027.
This milestone reflects the continued expansion of MirrorEye across the
global bus and coach market, further validating the technology's scalability
and growing adoption in both commercial trucking and public transportation
applications. The award also reinforces MirrorEye's role in improving
visibility, enhancing safety, and increasing driver confidence in increasingly
complex operating environments.
"This latest program award is a strong signal of where the industry
is headed and the broader transformation underway as OEMs accelerate the shift
toward digitalization and next-generation technologies," said Natalia
Noblet, President and CEO, at Stoneridge. "Transit operators are looking
for safer, smarter, and more efficient solutions, and MirrorEye continues to
deliver on all fronts. Just as importantly, it reflects the strength of our
customer relationships and the trust we've built to create a foundation for
continuous collaboration and future program opportunities."
The announcement builds on the successful
launch of the MirrorEye MP II system, the latest evolution of Stoneridge's
MirrorEye technology platform specifically engineered for buses and coaches.
MirrorEye MP II integrates advanced safety capabilities, including Blind Spot
Information System (BSIS) and Moving Off Information System (MOIS) features,
along with digital video output functionality for recording and analysis. These
capabilities support compliance with the European Union's General Safety Regulation
(EU 2019/2144) while helping operators improve safety for passengers, drivers,
and vulnerable road users.