** Shares of Tobii TOBII.ST surge 28% after the Swedish technology company signed a Driver Monitoring System licensing deal with a major automotive supplier
** The group, which specializes in eye tracking and attention-computing solutions, did not specify the value of the agreement but said it was "significant"
** Revenue from the deal, which will come in Q4 2025 and H1 2026, will enable the company to meet its near-term financial obligations, it said in a statement
** The stock is on track for its best day since December 2024, but far from erasing its year-to-date losses
** Tobii 's shares plummeted 46% on October 24 after weak Q3 results, with net sales down by 25% y/y and no organic growth
** Tobii, which continues a strategic review of divesting selected assets, appointed a new CEO last week
(Reporting by Izabela Niemiec)
((izabela.niemiec@thomsonreuters.com))