Company Description
MicroVision, Inc. (NASDAQ: MVIS) is a technology company that develops lidar-based perception solutions for autonomy and mobility. According to the company’s public statements, MicroVision focuses on integrated lidar hardware and perception software designed to make mobility and autonomy safer. Its technologies are used to enhance safety and automation across industrial applications and to support the development of advanced driver-assistance systems (ADAS), autonomous driving, and autonomous systems in multiple sectors.
MicroVision describes itself as being at the forefront of driving the global adoption of perception solutions. The company’s engineering teams are based in Redmond, Washington, Washington, D.C., and Hamburg, Germany, where they develop and supply lidar sensors integrated with onboard perception software. These technologies are applied in areas such as robotics, automated warehouses, agriculture, and other industrial environments, as well as in automotive and defense-related applications.
Core technology and product focus
MicroVision’s core technology was initially developed for the automotive industry and is used to accelerate ADAS and autonomous driving. The company highlights its solid-state lidar technologies, which include MEMS-based long-range lidar and flash-based short-range lidar, combined with its perception software. Public materials also reference branded sensor and software offerings such as MAVIN, MOVIA, and MOSAIK.
The company has developed lidar sensors and integrated software that address both long-range and short-range perception needs. Its portfolio includes MEMS-based long-range lidar for applications that require extended detection distances and flash-based short-range lidar for environments where compact, short-range sensing is critical. MicroVision reports that these technologies are integrated with onboard perception software to provide a complete perception stack for its target markets.
Applications in industrial, automotive, and defense markets
MicroVision states that its proprietary technologies enhance safety and automation across industrial applications, including robotics, automated warehouses, and agriculture. In these settings, its lidar and perception software are used to support automation and autonomous operation. The company also notes that its technology is instrumental in the development of autonomous systems more broadly.
In the automotive sector, MicroVision’s core technology supports ADAS and autonomous driving. The company has reported engagement with global automotive original equipment manufacturers (OEMs) and has highlighted the integration of its MOVIA lidar into NVIDIA’s DRIVE AGX platform as part of an autonomous vehicle ecosystem. MicroVision has also discussed requests for quotations (RFQs) for passenger vehicles and custom development opportunities in the automotive domain.
MicroVision further emphasizes its history of providing technology to the military segment. Building on this background, the company targets semi- and fully autonomous airborne and terrestrial sensor systems. It has announced a strategic expansion into the defense tech and intelligence, surveillance, and reconnaissance (ISR) sector, including the formation of an Aerial Systems team and the establishment of design and testing facilities in the greater Washington, D.C. area to support lidar-based perception systems for drones, unmanned guided vehicles, and mobile autonomous vehicles.
Geographic footprint and engineering base
Across multiple public releases, MicroVision notes that its engineering excellence is based in Redmond, Washington, Washington, D.C., and Hamburg, Germany. The company has also referenced an office, testing facilities, and an airstrip in Northern Virginia to support its Aerial Systems team and defense-focused work. This geographic footprint supports its efforts in automotive, industrial, and defense applications.
Technology development and ecosystem collaborations
MicroVision has described several technology and ecosystem developments in its public communications. The company has announced a Tri-Lidar Architecture solution, presented as an alternative to single-sensor approaches in the lidar industry. It has also reported the introduction of a next-generation solid-state lidar sensor, MOVIA S, as a short-range solution for automotive, industrial, and defense sector applications.
In addition, MicroVision has disclosed an agreement to acquire the business and assets of Scantinel Photonics GmbH, a developer of 1550nm frequency-modulated continuous wave (FMCW) lidar technology targeted initially at the commercial vehicle market. The company states that this acquisition is intended to broaden its product portfolio with a long-range FMCW lidar sensor, complementing its existing time-of-flight long- and short-range sensors. MicroVision has indicated that this effort involves collaboration with funding and strategic partners within the European photonics ecosystem.
Industrial and defense expansion
MicroVision has reported commercial momentum in the industrial and Security & Defense sectors, including an initial order for its MOVIA L sensors with integrated software. The company has highlighted attributes of the MOVIA L sensor such as light weight, low power consumption, and solid-state, flash-based design, describing it as suited for harsh environments in its target industries. MicroVision has also increased production capacity for MOVIA L and describes these sensors as automotive-grade.
In the defense area, MicroVision has formed a Defense Advisory Board and appointed members with experience in defense and intelligence innovation. The company states that its lidar imaging and perception software are being developed as drone-agnostic solutions for ISR, mapping, and other defense applications. Its Aerial Systems team is described as having expertise in aeronautical engineering, avionics, unmanned aircraft systems (UAS) development, and related software.
Corporate governance and leadership updates
MicroVision’s SEC filings and press releases document several leadership and governance changes. The company’s Board of Directors appointed Glen W. DeVos as President and Chief Executive Officer and a member of the Board as of September 30, 2025, transitioning from his prior role as Chief Technology Officer. The same filing notes the appointment of an Executive Vice Chair to support the CEO for a defined period. Additional filings describe board changes, including the election of a new director and the retirement of an existing director, as well as changes in committee roles.
In a separate filing, MicroVision reported the resignation of its Chief Financial Officer, with an internal executive appointed as Interim Chief Financial Officer and designated as principal financial officer and principal accounting officer. The company also disclosed that it has initiated a search for a permanent Chief Financial Officer. These items are documented in the company’s Form 8-K reports.
Financial reporting and non-GAAP metrics
MicroVision provides regular financial updates through earnings releases and SEC filings. In its public communications, the company discusses the use of non-GAAP financial measures such as adjusted EBITDA and adjusted Gross Profit. According to the company, adjusted EBITDA is defined as GAAP net income or loss excluding interest income and expense, income tax expense, depreciation and amortization, non-cash gains and losses, share-based compensation, and restructuring costs. Adjusted Gross Profit is defined as GAAP gross profit before share-based compensation expense and amortization of acquired intangibles included in cost of revenue.
MicroVision states that these non-GAAP measures are used internally by management to evaluate operating performance and to compare core operating results across periods. The company also notes that these measures are presented externally to provide investors with additional information on financial and business trends, while emphasizing that non-GAAP metrics are supplemental and not a substitute for GAAP measures.
Stock information and industry classification
MicroVision’s common stock trades on the NASDAQ under the ticker symbol MVIS. Based on the provided classification, the company operates within the Electromedical and Electrotherapeutic Apparatus Manufacturing industry and the broader Manufacturing sector. Public descriptions from the company, however, consistently characterize MicroVision as a technology pioneer in lidar and perception solutions for autonomy and mobility, with activities spanning automotive, industrial, and defense-related markets.