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 outlook: MicroVision guided 2026 revenue of $10 million to $15 million, driven by converted Luminar contracts and anticipated MOVIA S industrial sales.
Portfolio expansion: The Luminar and Scantinel acquisitions give MicroVision a full short-, mid- and long-range LiDAR portfolio plus software (Mosaic/Sentinel) to address automotive, industrial and security & defense.
Near-term traction: Shipments of Iris units and MOVIA L began post-acquisition; MOVIA S industrial launch remains on track for Q4 2026 and is seeing strong customer interest.
Financial position: $74.8 million cash and equivalents at year-end; subsequent issuance of $43 million in senior secured convertible notes (used to repay $19.5 million outstanding note and for operations).
Profitability path: Management expects positive margins in 2026 but is still finalizing PPA-driven cost estimates.
Cost discipline & restructuring: 2025 operating expenses fell year-over-year; Q4 included significant noncash impairments and management expects $8 million to $12 million of additional impairment plus $1 million to $2 million of people-related restructuring in 2026 tied to consolidation into Orlando.
Market stance: Company positions itself for 'LiDAR 2.0' — software-centric, design-to-cost approach targeting diversified end markets rather than a hardware-spec race.
