MicroVision Inc
NASDAQ:MVIS
MicroVision Inc
MicroVision, Inc. engages in the development of laser beam scanning technology. The company is headquartered in Redmond, Washington and currently employs 96 full-time employees. The firm's lidar sensor uses its laser beam scanning (LBS) technology. The firm's technology is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms and software. The company has also developed solutions for augmented reality, interactive displays and consumer lidars. The firm's MEMS scanning mirror is a silicon device that oscillates in a controlled closed loop pattern so that it can place a pixel of light at a point. For applications that include a projected display, its PicoP scanning technology creates a full color, high-contrast, uniform image over the entire field-of view from a small and thin module with low power consumption. The firm is developing 1st generation lidar sensor, which is Long Range Lidar (LRL), for OEM and Tier-1 automotive suppliers.
MicroVision, Inc. engages in the development of laser beam scanning technology. The company is headquartered in Redmond, Washington and currently employs 96 full-time employees. The firm's lidar sensor uses its laser beam scanning (LBS) technology. The firm's technology is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms and software. The company has also developed solutions for augmented reality, interactive displays and consumer lidars. The firm's MEMS scanning mirror is a silicon device that oscillates in a controlled closed loop pattern so that it can place a pixel of light at a point. For applications that include a projected display, its PicoP scanning technology creates a full color, high-contrast, uniform image over the entire field-of view from a small and thin module with low power consumption. The firm is developing 1st generation lidar sensor, which is Long Range Lidar (LRL), for OEM and Tier-1 automotive suppliers.
Revenue: MicroVision reported Q3 2025 revenue of $0.2 million, driven by sales in industrial and automotive verticals.
Cash Position: The company ended the quarter with $99.5 million in cash and cash equivalents, and access to further capital through ATM and convertible note facilities.
Expense Management: Core R&D and SG&A expenses were about $11 million for Q3, flat with the previous quarter. Cash burn was $16.5 million, including one-time payments.
Product Strategy: Management introduced the MOVIA S solid-state lidar sensor and Tri-Lidar architecture aimed at dramatically lowering lidar costs and enabling broader adoption.
Pricing Targets: MicroVision is targeting prices of $200 for short-range and $300 for long-range sensors, aiming to undercut competitors and drive mass market adoption.
Scantinel Acquisition: The company announced the acquisition of Scantinel Photonics to secure access to 1550nm FMCW ultra-long-range lidar technology, with integration plans underway.
Guidance Shift: Prior revenue visibility of $30–$50 million over 12–18 months now expected to take longer, as customers transition from MOVIA L to MOVIA S and experience delays.
Market Outlook: Management remains optimistic about opportunities in industrial, defense, and automotive markets, but acknowledges revenue ramp will be gradual and timed with customer adoption.
