MICROVISION (MVIS) Company Report

MicroVision is leading the Lidar 2.0 era, focusing on value, scalable deployment, and commercialization, underpinned by a strategy that includes a broad product portfolio, a design-to-cost philosophy, software leverage, and capital discipline.
The Luminar acquisition was critical for accelerating MicroVision's strategy, completing its Lidar technology portfolio, and enhancing commercial relationships, aiming for faster technology development and revenue generation.
MicroVision has been actively repairing and restarting relationships with former Luminar customers, and has commenced shipping product this week to a European customer, marking a significant step in driving revenue and demonstrating execution.
The company is in the process of hiring a new CFO, with plans to finalize the hire in the Q2 timeframe.

2 days ago

Transcript

MicroVision Details Lidar 2.0 Strategy and Luminar Acquisition Impact

MVIS

M&A

New Projects/Investments

Hiring

MicroVision is leading the Lidar industry into a new era, "Lidar 2.0," by focusing on value, affordability, and scalable deployment across automotive, industrial, security, and defense markets.
The company has actively pursued industry consolidation through acquisitions, including Ibeo, Scantenna, and most recently, Luminar, to expand its technology portfolio and accelerate revenue.
The Luminar acquisition has been critical, completing MicroVision's Lidar technology portfolio and bringing active commercial programs and established customer relationships, with product shipments to a European customer from transferred purchase orders beginning this week.
MicroVision's strategy leverages its core technology across multiple end markets (automotive, industrial, security, defense) to generate nearer-term revenue streams and build revenue resilience and diversity.
The company is currently in the process of finalizing a CFO hire, with plans to conclude it in Q2.

2 days ago

Transcript

MicroVision outlines Lidar 2.0 strategy and impact of Luminar acquisition

MVIS

M&A

New Projects/Investments

Revenue Acceleration/Inflection

MicroVision is positioning itself to lead the Lidar 2.0 era, emphasizing value, affordability, and scalable deployment across automotive, industrial, security, and defense markets.
The company's strategy for Lidar 2.0 is underpinned by four key pillars: a comprehensive product portfolio, a design-to-cost philosophy for competitive pricing, software as leverage for scalability, and disciplined capital management with strong execution.
The recent Luminar acquisition was critical for accelerating MicroVision's strategy, completing its Lidar technology portfolio with long-range 1550 nm solutions and accelerating revenue through existing commercial programs and customer relationships.
MicroVision is focused on re-engaging and repairing relationships with Luminar's customers, supporting their supply and developmental needs, and leveraging the combined portfolio to offer more comprehensive solutions.
To achieve mass adoption in automotive, MicroVision is targeting aggressive price reductions for Lidar sensors, aiming for well below $100 for short-range and well below $250 for long-range components to fit within a $2,000 on-cost for the end consumer.

2 days ago

Transcript

MicroVision Issues Senior Secured Convertible Notes

MVIS

Debt Issuance

Convertible Preferred Issuance

M&A

MicroVision, Inc. issued $43.0 million in senior secured convertible notes on February 23, 2026, to enhance its financial position and defer existing repayment obligations.
These notes bear zero coupon, mature on March 1, 2028, and are secured by a first priority interest in the company's bank and securities accounts.
The company intends to use the capital to accelerate acquisition synergies from its recent acquisitions of assets and operations from Luminar Technologies and Scantinel Photonics.
The initial conversion price for the notes is $0.8819, and the company will seek stockholder approval for the issuance of Common Stock upon conversion by June 30, 2026.

3 days ago

8-K

MicroVision Completes Acquisition of Luminar's Lidar Sensor Business Assets

MVIS

M&A

New Projects/Investments

MicroVision, Inc. completed the acquisition of certain assets related to Luminar Technologies, Inc.'s lidar sensor business on February 3, 2026.
The purchase price for the acquisition was $33,000,000, which MicroVision funded with cash on hand.

Feb 4, 2026, 1:43 AM

8-K

MicroVision to Acquire Luminar Assets

MVIS

M&A

New Projects/Investments

MicroVision, Inc. has entered into an agreement to acquire certain assets from Luminar Technologies, Inc. for a cash purchase price of $33 million.
The acquisition includes IP and inventory related to Luminar's Iris and Halo lidar sensors, key engineering and operations talent, and certain commercial contracts and orders.
MicroVision was selected as the winning bidder at a competitive auction conducted by Luminar under Section 363 of the U.S. Bankruptcy Code.
The U.S. Bankruptcy Court approved the Asset Purchase Agreement on January 27, 2026, and the acquisition is expected to be completed on or shortly after February 2, 2026.
MicroVision expects to fund the acquisition with its current cash on hand.

Jan 30, 2026, 9:17 PM

8-K

MicroVision Announces Third Quarter 2025 Results and CEO Appointment

MVIS

Earnings

CEO Change

M&A

MicroVision reported Q3 2025 revenue of $0.2 million, flat compared to the prior year period, and a net loss of $14.2 million, or $0.05 per share, an improvement from a net loss of $15.5 million, or $0.07 per share, in Q3 2024.
The company ended the third quarter of 2025 with $99.5 million in cash and cash equivalents, including investment securities.
Glen DeVos was appointed Chief Executive Officer.
Key operational developments include the introduction of the next-generation solid-state lidar sensor, MOVIA S, and the execution of an agreement to acquire Scantinel Photonics, a German developer of long-range FMCW lidar.

Nov 12, 2025, 11:06 AM

8-K

MicroVision Reports Q3 2024 Financial Results

MVIS

Earnings

Demand Weakening

MicroVision reported a significant revenue decline in Q3 2024, with revenue dropping to $190 thousand from $1,047 thousand in Q3 2023, primarily due to a delayed order from a non-automotive customer.
The company posted a GAAP Gross Profit of ($393) thousand and an Adjusted Gross Profit of ($32) thousand with a (17%) margin for Q3 2024.
MicroVision utilized $14.1 million in cash for operating activities during Q3 2024.
As of Q3 2024, MicroVision maintained a total liquidity of $234 million, including $81 million in cash and cash equivalents, $123 million available under its ATM facility, and $30 million under a Convertible Note.
MicroVision positions itself as a leading provider of Lidar solutions for Automotive, Industrial, Smart Infrastructure, and Robotics markets, holding 700+ patents and focusing on ADAS applications with its MAVIN® and MOVIA™ sensors and PERCEPTION software.

Nov 11, 2025, 9:30 PM

Presentation

MicroVision Reports Q3 2025 Results, Announces Scantinol Photonics Acquisition, and Movia S Launch Plan

MVIS

Earnings

M&A

Product Launch

MicroVision reported Q3 2025 revenue of $0.2 million and a cash burn of $16.5 million, concluding the quarter with $99.5 million in cash and cash equivalents.
The company announced the asset purchase agreement of Scantinol Photonics, which provides access to 1550-nanometer FMCW ultra-long-range LiDAR technology, complementing MicroVision's existing product portfolio.
MicroVision introduced its new Movia S ultra-wide field-of-view solid-state sensor, with a production launch planned for Q4 2026. This new strategy of transitioning customers from Movia L to Movia S is expected to delay the realization of a previously anticipated $30 million-$50 million revenue pipeline.
The company expects an increase in annual spending by approximately $1.5 million-$2 million per quarter from Q4 2025 to support strategic initiatives, and its financial runway has been extended into 2027.