STOCK TITAN

Microvision (MVIS) Stock News, Dec 2021-Apr 2022

MVIS NASDAQ

MicroVision develops lidar-based perception solutions for automotive, industrial, and security and defense markets. Company news centers on short- and long-range solid-state lidar sensors, integrated hardware and software, and open software architecture used in autonomy, mobility, mapping, navigation, and infrastructure applications.

Recurring updates cover MOVIA sensor shipments, HALO long-range lidar integration, Tri-Lidar Architecture demonstrations, industrial autonomy deployments, security and defense orders, reseller and partner programs, and collaborations that combine MicroVision sensing technology with external platforms. News also includes quarterly results, business updates, capital actions, and integration of acquired lidar sensor assets.

Rhea-AI Summary

MicroVision, Inc. (NASDAQ:MVIS) will engage in a virtual event on April 13, 2022, featuring one-on-one meetings and a Fireside Chat webcast with CEO Sumit Sharma and CFO Anubhav Verma. This event targets institutional investors, family offices, and analysts, allowing them to request personalized meetings. The webcast, scheduled for 8:00 AM PT/11:00 AM ET, will include a Q&A session for investors. Access to the live presentation and archives will be available on MicroVision's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.43%
Tags
conferences
-
Rhea-AI Summary

MicroVision (NASDAQ:MVIS) announced the appointment of Jeffrey Herbst to its Board of Directors. With over thirty years of experience in operational, business development, and venture capital roles, Herbst's background, particularly at NVIDIA, is expected to enhance MicroVision's position in the automotive lidar and Advanced Driver-Assistance Systems (ADAS) market. Herbst has a history of managing significant investments and acquisitions, which could be beneficial for the company's growth strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.11%
Tags
management
-
Rhea-AI Summary

MicroVision, Inc. (NASDAQ:MVIS) announced a Virtual Fireside Chat hosted by Cantor Fitzgerald on March 22, 2022 at 10:00 AM PT/1:00 PM ET. CEO Sumit Sharma and CFO Anubhav Verma will participate, discussing topics relevant to lidar and ADAS technologies. This event is available for Cantor Fitzgerald's institutional investor clients, who can register through their representatives. An archived version of the event will be available on MicroVision's Investor Relations website shortly after the live presentation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.58%
Tags
conferences
Rhea-AI Summary

MicroVision, a leader in MEMS-based automotive lidar solutions, announced its Q4 and full year 2021 results on February 24, 2022. The company achieved revenue of $0.6 million in Q4 2021, up from $0.4 million in Q4 2020. However, it reported a net loss of $12.6 million, significantly larger than the $3.6 million loss in the same quarter the previous year. Notably, MicroVision improved its cash position by approximately $100 million, ending the year with $115 million in cash and investments. The company also plans to test its Highway Pilot system in the U.S. and Germany in Q2 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.97%
Tags
-
Rhea-AI Summary

MicroVision, Inc. (NASDAQ: MVIS), specialized in MEMS-based automotive lidar and ADAS solutions, announced participation in two investor conferences. On February 25, 2022, at 11:30 AM PT/2:30 PM ET, they will host a virtual presentation at the Aegis Investor Conference, allowing live questions. Following this, on March 9, 2022, they will engage in one-on-one meetings at the Investor Summit and present at 10:15 AM PT/1:15 PM ET, with live Q&A options. Access to webcasts and presentations will be available on their Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.61%
Tags
conferences
-
Rhea-AI Summary

MicroVision, a leader in MEMS-based solid-state automotive lidar and ADAS solutions, will report its fourth quarter and full year 2021 results on February 24, 2022, after market close. A conference call is scheduled for 2:00 PM PT/5:00 PM ET the same day, featuring management insights on financial results and a business update.

Investors can submit questions in advance or during the live webcast, which will be archived for later access on the Company's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
Tags
Rhea-AI Summary

MicroVision, a leader in MEMS-based automotive lidar and micro-display technology, has announced a combined Investment Community and Press Webcast on January 5, 2022, at 2:00 PM PT. This webcast replaces separate announcements and will feature insights from CEO Sumit Sharma and CFO Anubhav Verma, highlighting the company's automotive sensor technology. Following a previous demonstration at the IAA Mobility Show, the company aims to engage potential customers and investors. The event will be accessible via their Investors webpage and will be archived for future viewing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.72%
Tags
none
-
Rhea-AI Summary

MicroVision (NASDAQ:MVIS) has announced a transition to a fully virtual presence for the 2022 Consumer Electronics Show (CES) due to rising COVID-19 concerns. The company will conduct virtual meetings with potential customers and partners, along with webcasts on January 5, 2022. A press conference at 11:00am PT will showcase their automotive sensor technology, followed by an investment community webcast at 2:00pm PT. This move follows a public demonstration of their technology in September 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.98%
Tags
none
-
Rhea-AI Summary

MicroVision, Inc. (NASDAQ:MVIS) will showcase its automotive lidar sensor technology at CES 2022, scheduled for January 5-8 in Las Vegas. This follows their initial demonstration at the IAA Mobility Show in September. CEO Sumit Sharma expressed excitement about engaging potential customers and partners during the event. MicroVision focuses on MEMS-based laser beam scanning technology, integrating hardware and software for various applications, including automotive lidar. The company invites interested parties to schedule meetings at their booth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.31%
Tags
none
Rhea-AI Summary

MicroVision (NASDAQ:MVIS) announced its involvement in a consortium aimed at establishing standards and testing frameworks for automotive LiDAR sensors. CEO Sumit Sharma emphasized the need for industry-wide testing standards to enable fair comparison of sensor quality, crucial for assisting ADAS and autonomous driving technologies. This project will create common guidelines for sensor specification and evaluation, led by fka GmbH, and includes other prominent OEMs and Tier 1 suppliers. MicroVision is one of three selected LiDAR developers participating in this initiative.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.93%
Tags
conferences

FAQ

What is the current stock price of Microvision (MVIS)?

Microvision (MVIS) last closed at $1.09.

What is the market cap of Microvision (MVIS)?

The market cap of Microvision (MVIS) is approximately $37.1M.