MicroVision (MVIS) News & Sentiment

This Industry Outlook article features Lumentum, IPG Photonics, and MicroVision.

Companies in the Zacks Laser Systems and Components industry, including LITE, IPGP, and MVIS, benefit from strong demand in areas like Generative AI, self-driving cars, the Internet of Things (IoT), 5G technology, and healthcare.

REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L sensors for 2025 to significantly increase compared to 2024.

The Zacks Laser Systems and Components industry participants, such as IPG Photonics (IPGP) and MicroVision (MVIS), gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.

REDMOND, WA / ACCESSWIRE / October 16, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, will host MicroVision Shareholder Update Conference Call and Webcast on October 18, 2024 at 10:00 AM ET. MicroVision invites shareholders and interested investors to participate in this conference call and webcast which will consist of prepared remarks by management, and a question-and-answer session.

REDMOND, WA / ACCESSWIRE / October 15, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its preliminary unaudited third quarter 2024 results. Key Business Highlights for the Third Quarter of 2024 Actively engaged with top-tier global automotive OEMs, with seven high-volume RFQs for passenger vehicles and custom development opportunities.

REDMOND, WA / ACCESSWIRE / October 15, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has strengthened its financial position by closing on a two-year $75 million senior secured convertible note facility with High Trail Capital. "We are excited to announce this financing, which comes at an ideal time for MicroVision as we work toward securing additional revenue opportunities for 2025 and beyond with our integrated lidar hardware and software solution by advancing potential partnerships with multiple leading industrial customers in the heavy equipment segment," said Sumit Sharma, Chief Executive Officer.

REDMOND, WA / ACCESSWIRE / September 27, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced the retirement of Brian Turner from its Board of Directors. "Brian joined the MicroVision Board in 2006 and served as Board Chair from 2012 to 2023," said Robert Carlile, Chairman of the Board.

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