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Founded Year

1993

Stage

Loan | IPO

Total Raised

$1.5M

Market Cap

0.45B

Stock Price

2.24

About MicroVision

MicroVision (NASDAQ: MVIS) develops light detection and ranging (LiDAR) sensors and solutions for advanced driver-assistance systems (ADAS), autonomous vehicles, and non-automotive applications. It offers MAVIN, which provides a range of features such as object detection, classification, and tracking, and MOSAIK SUITE, a software suite that helps automotive original equipment manufacturers (OEMs) validate the performance of lidar sensors in real-world conditions. MicroVision was founded in 1993 and is based in Hamburg, Germany.

Headquarters Location

Neuer Holtigbaum 6

Hamburg, 22143,

Germany

+49 40 298 676 – 0

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ESPs containing MicroVision

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Automotive Tech

The automotive lidar market is focused on providing advanced sensing technology for autonomous driving and ADAS systems. Lidar solutions are designed to address critical gaps in current sensor modalities such as camera, radar, and ultrasonic sensors. The market is driven by the need for strong sensory perception of a vehicle's surroundings, which comes down to correct and reliable environment reco…

MicroVision named as Outperformer among 15 other companies, including Ouster, Luminar Technologies, and Aeva.

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Expert Collections containing MicroVision

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MicroVision is included in 1 Expert Collection, including Conference Exhibitors.

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

MicroVision Patents

MicroVision has filed 249 patents.

The 3 most popular patent topics include:

  • laser applications
  • lidar
  • spectroscopy
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/11/2020

2/6/2024

Nuclear physics, Particle detectors, Electromagnetic radiation, Optical devices, Spectroscopy

Grant

Application Date

3/11/2020

Grant Date

2/6/2024

Title

Related Topics

Nuclear physics, Particle detectors, Electromagnetic radiation, Optical devices, Spectroscopy

Status

Grant

Latest MicroVision News

MicroVision : Reiterates Revenue Guidance and Provides Updates on OEM Engagements - Form 8-K

Dec 14, 2023

MicroVision : Reiterates Revenue Guidance and Provides Updates on OEM Engagements - Form 8-K December 14, 2023 at 09:30 am EST Share MicroVision Reiterates Revenue Guidance and Provides Updates on OEM Engagements REDMOND, Wash. - Dec. 14, 2023 - MicroVision, Inc. (Nasdaq: MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today reiterated its 2023 revenue guidance and provided updates on engagement with OEMs. "As we wrap up a year of strong growth and momentum for MicroVision, we want to give a brief update to shareholders about where we are and where we're going," said Sumit Sharma, MicroVision's Chief Executive Officer. "Consistent with our previous statement, we expect our 2023 revenue to be near the top end of the $6.5 - $8.0 million range. Looking ahead, I am excited about opportunities to ramp revenue from non-automotive markets through our direct sales channel." "In addition, on strategic sales, our forward momentum with multiple potential customers continues, but we are pushing out our expectations of nomination timing into the first quarter of 2024. We feel confident in our engagement with OEMs as we are receiving demand for large orders of samples ahead of nomination," continued Sharma. "Deep discussions continue as we work through the commercial terms of these significant and market-changing partnerships." About MicroVision With over 350 employees and global presence in Redmond, Detroit, Hamburg, and Nuremberg, MicroVision is a pioneering company in MEMS-based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The Company's integrated approach uses its proprietary technology to provide automotive lidar sensors and solutions for advanced driver-assistance systems (ADAS) and for non-automotive applications including industrial, smart infrastructure and robotics. The Company has been leveraging its experience building augmented reality micro-display engines, interactive display modules, and consumer lidar modules. MicroVision, MAVIN, MOSAIK, and MOVIA are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners. Forward-Looking Statements Certain statements contained in this release, including those relating to expected revenue and customer engagement and those statements using words such as "expects" or "intends" are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in our forward-looking statements include the following: capital market risks; our ability to operate with limited cash or to raise additional capital when needed; market acceptance of our technologies and products or for products incorporating our technologies; the failure of our commercial partners to perform as expected under our agreements; our ability to identify parties interested in paying any amounts or amounts we deem desirable for the purchase or license of intellectual property assets; our or our customers' failure to perform under open purchase orders; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; potential product liability claims; our ability to maintain our listing on The Nasdaq Stock Market, and other risk factors identified from time to time in our SEC reports, including our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other reports filed with the SEC. These factors are not intended to represent a complete list of the general or specific factors that may affect us. It should be recognized that other factors, including general economic factors and business strategies, may be significant, now or in the future, and the factors set forth in this release may affect us to a greater extent than indicated. Except as expressly required by federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason. Investor Relations Contact: MicroVision, Inc. is an automotive lidar and advanced driver-assisted systems (ADAS) solutions company. The Company is engaged in micro-electromechanical systems (MEMS)-based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms, and machine learning software into its technology to address existing and emerging markets. It is primarily focused on automotive lidar sensors and ADAS solutions. The Company's laser beam scanning (LBS) technology combines a MEMS scanning mirror, laser diode light sources, electronics, and optics that are controlled using its system control algorithms along with edge computing and machine learning in some systems. It has developed micro-display concepts and designs for use in head-mounted augmented reality (AR) headsets and developed a 1440i MEMS module that can support AR headsets. The Company also developed a display solution targeted at the smart speaker market, which it calls an Interactive Display module. Sector

MicroVision Frequently Asked Questions (FAQ)

  • When was MicroVision founded?

    MicroVision was founded in 1993.

  • Where is MicroVision's headquarters?

    MicroVision's headquarters is located at Neuer Holtigbaum 6, Hamburg.

  • What is MicroVision's latest funding round?

    MicroVision's latest funding round is Loan.

  • How much did MicroVision raise?

    MicroVision raised a total of $1.5M.

  • Who are the investors of MicroVision?

    Investors of MicroVision include Paycheck Protection Program.

  • Who are MicroVision's competitors?

    Competitors of MicroVision include Robosense and 4 more.

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Compare MicroVision to Competitors

I
Innovusion

Innovusion specializes in image-grade mid and long-range LiDAR (Light Detection and Ranging) sensor systems, operating within the automotive, intelligent transportation, and rail. The company offers LiDAR solutions that map the environment with exceptional range and clarity, supporting safe assisted driving and enabling the detection of the smallest details in the environment. It serves the automotive industry, intelligent transportation systems, and industrial automation. It was founded in 2016 and is based in Sunnyvale, California.

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Blickfeld

Blickfeld focuses on LiDAR technology in the tech industry. The company offers advanced LiDAR sensors that capture 3D data in perception software that converts this data into actionable insights. Its products are used in a variety of sectors including volume sensing, people counting, security systems, and smart mobility solutions. It was founded in 2017 and is based in Munich, Germany.

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SOS LAB

SOS LAB manufactures light detection and ranging (LiDAR) sensor technology. The company's products include solid-state two-dimensional (2D) and three-dimensional (3D) LiDAR solutions. The company offers various technologies in optical sensors and actuators and develops sensors for self-driving cars, automated guided vehicles, and industrial automation. It was founded in 2016 and is based in Gwangju, South Korea.

Fastree3D Logo
Fastree3D

Fastree3D develops three-dimensional (3D) imaging sensors. It recognizes and locates fast-moving objects in three-dimensional (3D), enabling driving assistance or autonomous navigation. It specializes in resolution, speed, and background light filtering and complements sensors such as two-dimensional (2D) cameras, radar, and ultrasound. The company was founded in 2013 and is based in Ecublens, Switzerland.

B
Baraja

Baraja is a deep technology company that develops spectrum-scan LiDAR technologies for autonomous vehicles and heavy vehicles. It uses prism-like optics and shifting wavelengths of light to create eyes for self-driving vehicles. The company was founded in 2015 and is based in North Ryde, Australia.

G
GPR

GPR offers localization solutions for autonomous capabilities through its Ground Positioning Radar. Its vehicle positioning system GPR allows vehicles to determine their location irrespective of road conditions by using an ultra-wideband radar to create a 3-D map of the road's subsurface. The company was formerly known as WaveSense. It was founded in 1999 and is based in Somerville, Massachusetts.

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