MicroVision Unveils New MAVIN(TM) Lidar Product Line To Enable High Speed Highway Safety Features

Rhea-AI Summary

MicroVision, Inc. (NASDAQ: MVIS) has launched its new lidar system, the MAVIN DR, designed to enhance advanced driver-assistance systems (ADAS) with high-speed, comprehensive safety features. This fourth lidar variant combines short, medium, and long-range sensing into a single unit, providing an ultra-high-resolution point cloud and allowing for a rapid response to road situations at highway speeds. The flexible design complements OEM requirements, making it scalable and cost-effective. This innovation aims to provide OEMs with superior safety technologies for the automotive sector.

Positive

• Introduction of MAVIN DR, enhancing ADAS with comprehensive safety features.
• First lidar with short, medium, and long-range sensing in one unit.
• Ultra-high-resolution point cloud for better road visibility.
• Low latency (30 hertz) enabling quicker responses at high speeds.
• Flexible deployment options that meet OEM design specifications.
• Cost-effective design through use of materials familiar to OEM supply chains.

Negative

• None.

Introducing a new era of sensors developed to enable high-speed, highway safety features in an OEM-friendly design

REDMOND, WA / ACCESSWIRE / June 20, 2022 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, unveiled its new dynamic view lidar system, MicroVision MAVIN™ DR, a system that will enable new ADAS safety features addressing the need to see farther, with greater clarity, and respond faster to emerging situations.

MAVIN DR is the fourth lidar hardware variant from MicroVision and the first to offer a dynamic range, combining short-, medium-, and long-range sensing and fields of view into one form factor. The new sensor produces an ultra-high-resolution point cloud showing drivable and non-drivable areas of the road ahead. With its low latency point cloud (30 hertz), the MAVIN product line allows ADAS systems to respond more quickly and take action at high speeds.

"Our goal is always to provide OEMs with technology that presents the most complete and detailed picture of the road ahead. With our short-, medium-, and long-range lidar sensors combined into one hardware unit, we can provide the most comprehensive and dynamic view of the road ahead at highway speeds," said Sumit Sharma, CEO of MicroVision. "We are proud to unveil a sensor that we believe meets or exceeds OEM expectations."

In addition to the dynamic view system, the MicroVision MAVIN DR has a new hardware form factor that complements OEM design. The newly refined form factor enables even more flexible deployment options for OEMs. Built with materials known to OEM supply chains, MicroVision hardware is scalable, sourceable, and supports a lower cost structure.

For more information about the MicroVision MAVIN lidar system, please visit https://www.microvision.com/.

About MicroVision

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 today to develop automotive lidar sensors and provide solutions for advanced driver assistance systems (ADAS), leveraging its experience building augmented reality micro-display engines, interactive display modules, and consumer lidar modules.

For more information, visit the Company's website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, follow MicroVision on Twitter at @MicroVision and LinkedIn at https://www.linkedin.com/company/microvision/. MicroVision is a trademark of MicroVision, Inc. in the United States and other countries.

MicroVision is a trademark of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.

Investor Relations Contact
Jeff Christensen and Matt Kreps
Darrow Associates Investor Relations
MVIS@darrowir.com

Media Relations Contact
Heidi Davidson - Galvanize Worldwide
MicroVision@galvanizeworldwide.com

SOURCE: MicroVision, Inc.

View source version on accesswire.com:
https://www.accesswire.com/705795/MicroVision-Unveils-New-MAVINTM-Lidar-Product-Line-To-Enable-High-Speed-Highway-Safety-Features

FAQ

What is the new lidar system launched by MicroVision?

MicroVision launched the MAVIN DR, a lidar system designed for advanced driver-assistance systems (ADAS) to improve highway safety.

How does MAVIN DR enhance safety features?

MAVIN DR provides short, medium, and long-range sensing capabilities in one unit, allowing for a comprehensive view of the road ahead.

What are the key features of the MAVIN DR lidar system?

Key features include ultra-high-resolution point cloud generation, a low latency rate of 30 hertz, and a flexible design for OEMs.

When was the MAVIN DR system announced?

The MAVIN DR system was announced on June 20, 2022.