MicroVision and Avular Collaborate to Advance Autonomous Sensing and Drone Integration for Next-Generation Infrastructure Applications

MicroVision (Nasdaq:MVIS) signed a Memorandum of Understanding with Avular to integrate MicroVision's solid-state lidar and perception software with Avular's modular drone platforms.

Rhea-AI Summary

MicroVision (Nasdaq:MVIS) signed a Memorandum of Understanding with Avular to integrate MicroVision's solid-state lidar and perception software with Avular's modular drone platforms.

The collaboration launches joint demonstrations, targets U.S. and European markets, and aims to enable GPS-denied autonomy, 3D mapping, collision avoidance, and safe launch/landing.

Positive

• Signed MoU to integrate lidar and drone platforms
• Joint capability demonstration program planned
• Market roles split: MicroVision leads U.S.; Avular leads Europe
• Lidar optimized for reduced energy and operational efficiency

Negative

• No financial terms, timelines, or binding deal details disclosed
• Deployment plans contingent on securing program funding

Argus May 8 session

+9.16% close to close Open Argus

Details

News Market Reaction – MVIS

On May 8, the first trading day after this news, MVIS closed 9.16% above the previous close.

Data tracked by StockTitan Argus for the May 8 session.

Key Figures

Registered resale shares: 61,315,970 shares Convertible notes principal: $43 million Initial conversion price: $0.8819 per share +5 more

Registered resale shares

61,315,970 shares

Shares of common stock underlying senior secured convertible notes due 2028

Convertible notes principal

$43 million

Aggregate principal amount of senior secured convertible notes due 2028

Initial conversion price

$0.8819 per share

Conversion price for senior secured convertible notes due 2028

Shares outstanding

326,982,727 shares

Common shares outstanding as of April 20, 2026

Pro forma shares

388,298,697 shares

Hypothetical outstanding if all registered shares are issued

Beneficial ownership limit

4.99%

Ownership cap on holders of the Convertible Notes (increaseable to 9.99%)

Forced conversion VWAP trigger

$2.00

VWAP condition tied to forced conversion feature of the notes

Luminar LiDAR purchase price

$33.2 million

Total cash consideration paid for Luminar LiDAR sensor business

Historical Context

5 past events · Latest: May 06

5 events

1. May 06

   Earnings date notice

   24h Move

   -2.1%

   Scheduled first quarter 2026 earnings release and conference call timing.

2. May 05

   Product demo

   24h Move

   +0.5%

   Live Tri-Lidar demo integrating long-range HALO with MOVIA S sensors.

3. Apr 29

   Defense traction

   24h Move

   -2.2%

   Repeat orders and higher shipments for security and defense customers.

4. Apr 22

   Industrial autonomy

   24h Move

   +3.8%

   Reported revenue-generating shipments and long-range Iris deployments.

5. Apr 14

   Partner program

   24h Move

   +4.5%

   Launched global partner and reseller program for Lidar 2.0 adoption.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

lidar, gps-denied environments, collision avoidance, autonomous navigation

4 terms

lidar technical

"By combining MicroVision's high-performance, solid-state lidar, optimized for reduced"

Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

gps-denied environments technical

"including autonomous mission execution in GPS-denied environments, high-fidelity 3D"

GPS-denied environments are situations where global positioning signals, like those from satellites, cannot be received or are intentionally blocked. This makes it difficult to determine precise location or navigate using standard GPS technology. For investors, such environments can pose risks for technology-dependent industries, as reliable location data is crucial for many modern applications and services.

collision avoidance technical

"terrain mapping, collision avoidance in dense and complex settings, and safe launch"

Collision avoidance is a system or set of technologies that detects impending crashes and takes or recommends actions to prevent them, such as braking, steering, or alerting a human operator. For investors, it signals reduced safety risks, lower potential liability and repair costs, and possible regulatory or market advantages when products are seen as safer — similar to adding a reliable guardrail that lowers the chance and cost of accidents.

autonomous navigation technical

"drone flight stack including autonomous navigation capabilities, and integration"

Autonomous navigation is the technology that allows a vehicle, robot, or vessel to sense its surroundings, make route decisions, and move without constant human control—like a self-guided driver using cameras, sensors, maps and software to find its way. For investors, it matters because it can lower operating costs, enable new business models, and create safety and regulatory challenges that affect a company’s revenue potential and capital needs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Integrated lidar and modular drone platforms enable scalable autonomy, mapping, and navigation across complex real-world environments

REDMOND, WA AND EINDHOVEN, THE NETHERLANDS / ACCESS Newswire / May 7, 2026 / MicroVision, Inc., (Nasdaq:MVIS), a leader in advanced perception solutions, today announced the signing of a Memorandum of Understanding (MoU) with Avular Innovations B.V. to integrate their technologies and accelerate the development of next-generation autonomous systems for civil infrastructure and global commercial applications. By combining MicroVision's high-performance, solid-state lidar, optimized for reduced energy usage and increased operational efficiency, with Avular's modular drone platforms and system integration expertise, the companies are creating a flexible, scalable solution designed to address real-world operational challenges across global markets.

The collaboration focuses on delivering advanced capabilities, including autonomous mission execution in GPS-denied environments, high-fidelity 3D modeling and terrain mapping, collision avoidance in dense and complex settings, and safe launch and landing in unknown locations. Together, the companies aim to accelerate the deployment of advanced autonomous drone technologies across the United States and Europe, addressing a variety of high-stakes commercial applications involving civil infrastructure and public safety, such as virtual infrastructure, traffic management, first responders, and facility security.

"This collaboration reflects the growing demand for intelligent perception systems that can operate in complex, real-world environments," said Glen DeVos, CEO of MicroVision. "By combining our perception technology with Avular's advanced drone platforms, we are enabling new levels of situational awareness, autonomy, and operational performance for stakeholders."

Joint Demonstration Program to Showcase Operational Impact

As a first step, MicroVision and Avular will launch a joint capability demonstration program integrating MicroVision's lidar and perception software with an Avular drone platform. The demonstrations are designed to validate performance in realistic operational settings while generating opportunities for program funding and broader deployment across western markets.

Beyond the initial demonstrations, the companies will jointly pursue business development opportunities in numerous markets. MicroVision will lead efforts in the United States, leveraging its network and market expertise, while Avular will lead European initiatives, supported by MicroVision's technical capabilities. The collaboration also includes exploration of joint commercial opportunities, including the potential introduction of their combined solution into the U.S. market, supported by MicroVision's regulatory and market access expertise.

Accelerating Innovation Through Complementary Strengths

Under the agreement:

• Avular will lead drone system design, drone flight stack including autonomous navigation capabilities, and integration

• MicroVision will provide lidar hardware, perception software, and autonomous mapping capabilities

• A joint steering committee will guide strategy, execution, and stakeholder engagement

Positioned for the Future of Autonomous Systems

As demand accelerates for autonomous sensing and navigation technologies, this collaboration positions both companies to deliver scalable, production-ready solutions that meet evolving operational requirements.

"This agreement is about moving beyond standalone technologies to integrated, deployable systems," said Albert Maas, CEO of Avular. "MicroVision brings a level of precision, performance, and maturity in perception technology that is critical for real-world deployment. By combining their industry-leading lidar and software capabilities with our advanced drone platforms, we are building highly adaptable solutions that can operate in dynamic environments and truly support the next generation of autonomous operations."

About MicroVision

MicroVision is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and open software solutions.

For more information, visit the Company's website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at https://www.linkedin.com/company/microvision/.

About Avular

Avular specializes in advanced drone and mobile robot platforms, supporting applications across industrial and commercial markets. As industries face growing challenges such as labor shortages, safety risks, and the need for consistent operations, Avular's robotics solutions address these issues and help keep society running.

For more information, visit the Company's website at https://www.avular.com/, on LinkedIn at https://www.linkedin.com/company/avular/, on Instagram at https://www.instagram.com/avularrobotics/.

MicroVision Investor Relations Contact

Jeff Christensen
Darrow Associates Investor Relations
MVIS@darrowir.com

MicroVision Media Contact

Heidi Davidson
heidi@galvanizeworldwide.com
(914) 441-6862

Avular Investor Relations Contact

Yuri Steinbuch
y.steinbuch@avular.com
+31 65 147 8158

Avular Media Contact

Eef Notten - For Avular
e.notten@avular.com
+31 40 304 1586

SOURCE: MicroVision, Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MicroVision (MVIS) announce on May 7, 2026 with Avular?

MicroVision announced a Memorandum of Understanding to integrate its lidar with Avular drone platforms. According to the company, the MoU starts joint demonstrations and joint business development across U.S. and European markets focused on autonomy and mapping applications.

What will the MVIS and Avular joint demonstrations show and where will they run?

The demonstrations will validate integrated lidar perception and drone autonomy in realistic settings. According to the company, they will test GPS-denied navigation, 3D terrain mapping, collision avoidance, and safe launch/landing across western markets.

How will responsibilities be divided between MicroVision (MVIS) and Avular under the MoU?

Avular will lead drone design and flight-stack integration; MicroVision will supply lidar hardware and perception software. According to the company, a joint steering committee will guide strategy, execution, and stakeholder engagement.

Does the MicroVision (MVIS) announcement include financial terms or a timeline?

No financial terms or a detailed timeline were disclosed in the announcement. According to the company, the immediate next step is a joint capability demonstration program aimed at validating performance and attracting program funding.

What commercial markets are MVIS and Avular targeting with their integrated solution?

They target civil infrastructure, public safety, traffic management, first responders, and facility security. According to the company, the combined solution aims to support high-stakes commercial applications across the United States and Europe.