MicroVision's IRIS Lidar Enables APAC Pilot of Autonomous Mobility Service

MicroVision’s IRIS lidar has been selected for an Asia-Pacific autonomous mobility pilot, with a planned upgrade path to its HALO sensor.

Rhea-AI Summary

MicroVision (MVIS) announced that its IRIS long-range lidar is being deployed in an autonomous mobility service pilot program in the Asia-Pacific region, marking a shift from technology evaluation to real-world use.

The pilot vehicles combine IRIS with cameras and radar in a multi-sensor perception architecture intended to deliver a comprehensive, real-time view of the driving environment. IRIS provides high-resolution, long-range 3D sensing to support object detection and collision avoidance at higher speeds and in low-light and nighttime conditions. The program is using IRIS now with a stated pathway to MicroVision’s next-generation HALO sensor as the service moves toward broader commercial deployment, allowing customers to reuse integration and validation work as they transition. MicroVision highlights this pilot as part of a wider opportunity as autonomous mobility operators progress from development programs to commercial services, supported by its lidar and perception software portfolio.

Positive

• IRIS lidar selected and deployed in an Asia-Pacific autonomous mobility service pilot
• Pilot provides a pathway to next-generation HALO sensor as deployment scales
• MicroVision offers a portfolio of near- and long-range lidar plus perception software for multiple vehicle sensing zones

Negative

• None.

Argus 15 min delay

-7.01% vs previous close $1.52 last price 1.1x rel. volume Open Argus

Details

Market reaction after autonomous mobility pilot: MVIS -7.01%

$1.52 $1.65 Day Range

$46.65M Market Cap

Following this news, MVIS has declined 7.01%, reflecting a notable negative market reaction. Our momentum scanner has triggered 8 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.52.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

3.14% was MVIS's pre-publication 24-hour gain, while its Aug 24 IRIS-order announcement drew 2.41%; ...

Analysis

3.14% was MVIS's pre-publication 24-hour gain, while its Aug 24 IRIS-order announcement drew 2.41%; both records place the current pilot alongside prior commercial-adoption disclosures, not a quantified financial result.

Historical Context

1 past event · Latest: Aug 24

1 event

1. Aug 24

   IRIS orders

   24h Move

   +2.4%

   Reported thousands of IRIS orders across North America and Europe, bridging deployment toward HALO.

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

Key Terms

lidar, 3d sensing, fmcw lidar, solid-state sensors

4 terms

lidar technical

"IRIS long-range lidar will support an autonomous mobility service pilot"

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.

3d sensing technical

"IRIS provides high-resolution, long-range 3D sensing"

3D sensing is technology that lets devices measure the shape, distance and position of objects in three dimensions rather than just capturing a flat image, similar to giving a camera “depth perception” like human eyes. Investors care because it underpins products and services—from safety systems in vehicles to virtual reality, robotics and medical imaging—that can drive revenue growth, create competitive advantage, and influence capital spending and regulatory risk across industries.

fmcw lidar technical

"and its Scantinel FMCW lidar"

Frequency-modulated continuous-wave (FMCW) LiDAR is a laser-based sensing system that measures both distance and speed by sending a continuously changing-frequency beam and comparing the returned light, similar to how a police radar tunes and listens for a reflected signal. It matters to investors because FMCW designs can deliver longer range, more reliable readings in traffic or crowded environments, lower interference and better velocity data than older pulsed LiDAR, which can translate into stronger product performance, safety advantages and clearer market differentiation for companies using or supplying the technology.

solid-state sensors technical

"featuring solid-state sensors with varying wavelengths"

Solid-state sensors are electronic devices that detect physical, chemical, or biological signals—such as temperature, pressure, light, motion, or gas concentration—using solid materials like semiconductors, piezoelectric crystals, or microelectromechanical structures and convert those signals into electrical outputs. They matter to investors because they are widely used across consumer electronics, automotive systems, medical devices, and industrial equipment; their reliability, size, cost, and manufacturability can directly influence product performance, market adoption, and company revenues.

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

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IRIS long-range lidar will support real-world autonomous mobility deployment, creating a pathway to next-generation HALO™ as the program scales

REDMOND, WA / ACCESS Newswire / September 14, 2026 / MicroVision, Inc. (Nasdaq:MVIS), a leader in advanced perception solutions for industrial, security and defense, and automotive applications, today announced that its IRIS™ long-range lidar will support an autonomous mobility service pilot program in the Asia-Pacific region. The program represents a significant progression from technology evaluation to real-world deployment and demonstrates MicroVision's lidar technology as an integral component in advanced autonomous mobility applications.

The pilot vehicles integrate MicroVision IRIS with cameras and radar as part of a multi-sensor perception architecture designed to provide a comprehensive, real-time view of the driving environment. IRIS provides high-resolution, long-range 3D sensing to support object detection and collision avoidance across demanding operating conditions, including higher speeds, low light, and nighttime driving.

"This reflects the commercial progression we have been working toward, moving from evaluation to validation and demonstrations, while providing another proof point of the value of our acquisition of Luminar assets just six months ago," said Glen DeVos, Chief Executive Officer of MicroVision. "Autonomous mobility demands a high level of perception performance across a wide range of operating conditions. IRIS gives this program the long-range sensing and resolution its perception stack requires today, and demonstrates our technology in an operating autonomous mobility service."

The program is deploying IRIS today with a pathway to MicroVision's next-generation HALO™ sensor as the service advances toward broader commercial deployment. MicroVision's roadmap from IRIS to HALO is designed to help customers leverage their existing integration and validation work while transitioning to a next-generation long-range sensor engineered for greater scale, performance, and cost efficiency.

This also highlights a growing opportunity for MicroVision as autonomous mobility operators move from development programs toward commercial services. MicroVision offers a portfolio spanning near- and long-range sensing, including MOVIA™ L, MOVIA S, IRIS, HALO, and its Scantinel FMCW lidar, with all hardware complemented by perception software. This architecture enables customers to deploy sensing solutions matched to different fields of view and operating requirements across the vehicle.

"The opportunity extends well beyond this individual pilot," continued DeVos. "Autonomous mobility operators need perception systems that perform reliably across complex, real-world environments. MicroVision has built a portfolio capable of addressing multiple sensing zones and supporting customers from initial deployment through commercial scale. Programs like this demonstrate how our technology can become embedded in that journey - creating opportunities for expanded lidar deployment and, over time, additional value through our perception software."

About MicroVision

MicroVision is defining the next generation of lidar-based perception solutions for industrial, security & defense, and automotive 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/.

MicroVision, MicroVision HALO, IRIS, MOVIA, MOSAIK, and SENTINEL are trademarks of MicroVision, Inc., and SCANTINEL is a trademark of Scantinel GmbH, in the United States and other countries. All other trademarks are the property of their respective owners.

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

Media Contact
Heidi Davidson - For MicroVision
heidi@galvanizeworldwide.com
(914) 441-6862

SOURCE: MicroVision, Inc.

View the original press release on ACCESS Newswire

FAQ

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

How is MicroVision IRIS integrated into the autonomous mobility pilot vehicles?

The pilot vehicles integrate MicroVision IRIS with cameras and radar as part of a multi-sensor perception architecture designed to provide a comprehensive, real-time view of the driving environment.

What operating conditions is IRIS designed to handle in this pilot?

IRIS provides high-resolution, long-range 3D sensing to support object detection and collision avoidance across demanding conditions, including higher speeds, low light, and nighttime driving.

What is MicroVision’s roadmap from IRIS to HALO for this program?

The program is deploying IRIS today with a pathway to MicroVision’s next-generation HALO long-range sensor as the service advances toward broader commercial deployment, and the roadmap is designed to let customers reuse existing integration and validation work during that transition.

Which lidar and perception products does MicroVision highlight for autonomous mobility operators?

MicroVision highlights a portfolio spanning near- and long-range sensing, including MOVIA L, MOVIA S, IRIS, HALO, and its Scantinel FMCW lidar, complemented by perception software to cover different fields of view and operating requirements across the vehicle.