Welcome to our dedicated page for Microvision news (Ticker: MVIS), a resource for investors and traders seeking the latest updates and insights on Microvision stock.
MicroVision, Inc. (NASDAQ: MVIS) is a technology company focused on lidar-based perception solutions for autonomy and mobility, with applications across automotive, industrial, and defense-related markets. This news page aggregates company announcements, press releases, and other public updates so readers can follow how MicroVision’s lidar hardware and perception software are being developed and deployed.
In its recent news, MicroVision has highlighted commercial momentum in the industrial and Security & Defense sectors, including an initial order for its solid-state, flash-based MOVIA L short-range lidar sensors with integrated software. The company has also reported progress in integrating its MOVIA lidar into NVIDIA’s DRIVE AGX platform, positioning its technology within an autonomous vehicle ecosystem and supporting engagement with global automotive OEMs.
Visitors to this page can review updates on MicroVision’s product portfolio, such as announcements around its next-generation MOVIA S short-range sensor and its Tri-Lidar Architecture solution. The company’s news also covers strategic initiatives like its agreement to acquire the business and assets of Scantinel Photonics GmbH to add 1550nm FMCW long-range lidar technology, as well as the formation of an Aerial Systems team and expansion into the defense tech and ISR sectors.
In addition to technology and market developments, MicroVision’s news flow includes quarterly earnings releases, commentary on non-GAAP financial measures, and corporate governance changes, such as leadership transitions and board appointments. Investors and followers of MVIS can use this page to monitor operational milestones, sector-specific initiatives in automotive, industrial automation, and defense, and other material events disclosed by the company over time.
MicroVision (NASDAQ:MVIS), a technology company focused on advanced perception solutions in autonomy and mobility, has scheduled its first quarter 2025 earnings release for May 12, 2025, after market close. The company will host a conference call and webcast at 1:30 PM PT/4:30 PM ET on the same day.
The event will include management's prepared remarks, a slide presentation, and a Q&A session. Investors and analysts can submit questions in advance and participate live during the webcast, which will be accessible through MicroVision's Investor Relations website under the Events tab. The webcast will be archived for future viewing.
MicroVision (NASDAQ:MVIS) has formed a Defense Advisory Board to expand into the defense tech industry and military sector. The company, originally founded for military programs focusing on helmet-mounted display systems, is now leveraging its 30-year legacy to explore new opportunities in defense technology.
The Advisory Board comprises three distinguished members:
- Nate Adler - Former Special Adviser for Intelligence with 16+ years of national security experience
- Lisa Donnan - CEO of The Donnan Group, expert in dual-use technologies with 25+ years of public/private sector experience
- Brian Hibbeln - 30+ year veteran of Department of Defense and U.S. Intelligence Community, currently serving multiple roles including venture partner at SineWave Ventures
CEO Sumit Sharma emphasized the company's intent to reconnect with the military sector, building on their expertise in automotive and industrial perception solutions.
MicroVision (NASDAQ:MVIS) announced that its subsidiary, MicroVision GmbH, has successfully completed the TISAX assessment and achieved participant status. TISAX (Trusted Information Security Assessment Exchange) is a recognized security assessment framework for the German automotive industry, based on VDA Information Security Assessment standards.
The assessment, conducted by Dekra Certification GmbH, validates that MicroVision meets strict cybersecurity requirements essential for automotive suppliers. According to CTO Glen DeVos, this certification positions MicroVision as a trusted partner for automotive OEMs and Tier 1 suppliers in the rapidly evolving autonomous driving and vehicle connectivity sector.
MicroVision (NASDAQ:MVIS) has announced a Retail Investor Day scheduled for May 20, 2025 in Redmond, Washington. The event will provide shareholders an opportunity to interact with the executive team, including newly appointed Chief Technology Officer Glen DeVos.
The agenda includes live product demonstrations from 9:00 AM to 11:00 AM PT, followed by a Town Hall with management presentations from 11:00 AM to 12:00 PM PT, and an interactive lunch from 12:00 PM to 1:00 PM PT. The event will showcase MicroVision's product portfolio advancements, business strategy expansion, and emerging market opportunities.
Video highlights will be made available within a week after the event, and all information shared during the Town Hall and interactive lunch will be to publicly reported data. Due to space, interested participants must request an invitation to attend in person.
MicroVision (NASDAQ:MVIS) has announced the granting of 1.3 million restricted stock units (RSUs) to their newly appointed Chief Technology Officer, Glen W. DeVos, as part of his employment inducement package. The RSUs will vest over a four-year period, with 25% vesting annually on March 31 from 2026 through 2029, contingent upon DeVos's continued employment with the company. The grant, issued on April 2, 2025, falls under the Company's 2025 Inducement Equity Incentive Plan.
MicroVision (NASDAQ:MVIS) reported Q4 2024 financial results with revenue of $1.7 million, down from $5.1 million in Q4 2023. The company posted a net loss of $31.2 million ($0.14 per share) compared to $19.7 million loss in Q4 2023.
The company secured a $75 million convertible note facility and raised an additional $8 million through equity sale. MicroVision ended Q4 2024 with $74.7 million in cash and cash equivalents. A production commitment with ZF is expected to generate $30-$50 million in revenue over the next 12-18 months, primarily from AMR/AGV customers.
Business highlights include engagement with top-tier automotive OEMs on seven high-volume RFQs, strengthened leadership with the hiring of former Aptiv CTO Glen DeVos, and improved cost structure resulting in reduced cash burn. The company maintains access to additional capital of up to $161 million subject to certain conditions.
MicroVision (NASDAQ:MVIS) has appointed Glen W. DeVos as Chief Technology Officer to oversee global engineering and product strategy. DeVos, who will report to CEO Sumit Sharma, brings over three decades of experience in automotive and industrial markets, particularly in autonomy and mobility.
DeVos previously served at Aptiv and its predecessor Delphi Automotive since 1992, holding positions including Chief Technology Officer and President of the Advanced Safety and User Experience business unit. His extensive background includes leading global teams and successfully launching complex software and hardware platforms.
MicroVision (NASDAQ:MVIS), a technology company focused on advanced perception solutions in autonomy and mobility, has scheduled its fourth quarter and full year 2024 financial results announcement for March 26, 2025, after market close.
The company will host a conference call and webcast at 1:30 PM PT/4:30 PM ET on the same day, featuring management presentations, a slide presentation, and a Q&A session. Investors and analysts can participate in the Q&A session during the live webcast and may submit questions in advance.
MicroVision (NASDAQ:MVIS) has announced significant financial restructuring, securing up to $17 million in new capital while reducing its debt obligations. The company has decreased its debt by $12.25 million in principal, representing over 27% reduction of its convertible note.
The restructuring includes converting approximately $9.6 million in cash payments into roughly 11.7 million shares of common stock, and deferring payments due from June to August 2025. The company issued about $8 million in shares at a 12.5% market discount and warrants for an additional $9 million with a $1.57 exercise price.
MicroVision reports being engaged in seven high-volume RFQs with global automotive OEMs and expects significant recurring revenues from industrial customers starting in 2025. The company has increased production capacity to support high-volume orders from industrial customers and continues to advance partnerships with automotive OEMs.