MicroVision Inc (NASDAQ: MVIS) is a lidar technology company that develops and sells lidar sensor hardware and integrated perception software for automotive, industrial, and security and defense markets. Revenue is generated through product sales of lidar sensors and, to a lesser extent, development contracts and licensing activities, with operations funded primarily through equity and convertible debt issuances since the company has incurred significant losses since inception. MicroVision targets automotive OEMs, Tier 1 automotive suppliers, industrial automation equipment makers, automated warehouse operators, security and defense contractors, and agriculture and mining companies through a direct business-to-business sales approach. The company has research and development teams in the U.S. and Germany, totaling approximately 135 engineering and technical staff as of December 31, 2025. MicroVision acquired assets from Ibeo Automotive Systems GmbH in January 2023, Scantinel Photonics GmbH in January 2026, and the worldwide lidar business of Luminar Technologies Inc in February 2026, adding the IRIS and HALO long-range sensors to its portfolio.

Revenue model

Product sales of lidar sensors and integrated software, supplemented by development contract revenues and licensing activities. The company has funded operations primarily through equity issuances, convertible preferred stock, warrants, and convertible debt, reflecting pre-profitability status as disclosed in the FY2025 10-K filed 2026-03-04.

Products and services

MOVIA family of solid-state flash lidar sensors (MOVIA L for mid-range rugged applications, MOVIA S for short-range automotive and industrial use), MAVIN lidar sensor, IRIS long-range 1550nm time-of-flight lidar sensor and next-generation HALO sensor (acquired from Luminar Technologies, February 2026), Scantinel-derived 1550nm FMCW lidar-on-chip (acquired January 2026), and integrated perception software enabling object detection, lane detection, road boundary detection, and dynamic object tracking and classification.

Customers and end markets

Business-to-business sales targeting automotive OEMs, automotive Tier 1 suppliers, industrial automation equipment makers, automated warehouse operators, security and defense contractors, agriculture and mining companies, and defense tech companies. End markets include advanced driver assistance systems (ADAS), autonomous driving, industrial automation, security and defense, and smart infrastructure.

Value-chain role

Sensor hardware designer and manufacturer with integrated perception software, selling directly to OEMs and Tier 1 suppliers rather than as a component distributor. The company conducts internal R&D, acquires technology assets, and performs development contracts to generate intellectual property across lidar hardware and software.

Geographic exposure

R&D operations in the U.S. and Germany as of December 31, 2025. Business development offices serve automotive, industrial, and security and defense markets. Acquired assets are Germany-based (Ibeo, Scantinel) and U.S.-based (Luminar Technologies).

Source: SEC 10-K, filed 2026-03-04

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