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MicroVision eyes 2027 revenue doubling as lidar gains defense, industrial traction. Microvision (NASDAQ:MVIS) said it is seeing commercial traction across industrial, security and defense markets as it works to broaden its lidar portfolio, reduce costs and move toward positive cash flow. During a business update webcast, Chief Executive Officer Glen DeVos said the company's "Lidar 2.0" strategy has focused on four areas: expanding its product portfolio, lowering lidar costs, broadening its end markets beyond automotive and strengthening its leadership team. Discover more Stock market news Stock comparison tool Stock market analysis DeVos said automotive remains an important market but has longer development cycles, prompting the company to pursue nearer-term opportunities in industrial, security, defense, data communications and photonic interconnects. He said a growing portion of MicroVision's revenue is coming from non-automotive markets. Portfolio expansion and commercial activity. DeVos pointed to the company's Scantinel and Luminar acquisitions as part of its portfolio expansion. He also cited the launch of MOVIA S during the current month, along with continued shipments of IRIS and MOVIA L products. Chief Commercial Officer James Byun said MicroVision has signed multiple long-term customer agreements in the United States and Europe covering industrial, security and defense applications. He said the agreements are intended to support recurring sensor sales as customers deploy and expand their programs. Byun said purchase orders already in hand have improved visibility into demand, allowing the company's supply chain and manufacturing teams to plan component purchases and production capacity. He said the immediate commercial focus is on delivering quality sensors on time and supporting customers as they deploy the products. MicroVision is also pursuing additional long-term agreements, expanding its qualified sales pipeline and converting that pipeline into revenue, Byun said. * IRIS: Byun said the long-range sensor is seeing demand in autonomous ground systems and defense applications, particularly because its 1550-nanometer wavelength is invisible to night-vision goggles. * HALO: The company is working with multiple customers on how its next-generation long-range sensing roadmap could support future programs, he said. * MOVIA S: Byun said the compact solid-state sensor is aimed at short-range perception for robotics and industrial applications. * MOVIA Air: The product line extends the company's offerings to aerial systems, with MOVIA Air Plus adding onboard compute processing, according to Byun. Byun also said MicroVision announced a collaboration with Robinson Unmanned and planned to demonstrate more MOVIA Air capabilities at the AUSA event in Washington, D.C. He noted that a recent FCC update involving foreign-produced advanced robotic components could increase the importance of U.S.-made sensors. Revenue outlook. Chief Financial Officer Christine Chambers said the broader mix of commercial and industrial applications can shorten sales cycles relative to automotive programs and reduce dependence on any single customer program or market vertical. She added that the company can potentially adapt sensor inventory for different use cases more quickly. Chambers said MicroVision remains confident in its full-year 2026 revenue guidance of $10 million to $15 million. Looking to 2027, she said the company expects revenue to double, supported by existing inventory and a commercial pipeline in industrial, defense and security markets. The company said it plans to provide additional financial information during its third-quarter 2026 earnings call. Cash flow and cost discipline. DeVos said the path to positive cash flow starts with pursuing markets, customers and products that can generate both revenue and gross margin. He said management is seeking to align resources and optimize the organizational structure around those revenue streams. Chambers said MicroVision is reviewing spending based on whether it advances commercialization, with planned emphasis on operations, sales and marketing, product-cost improvements, customer delivery and adoption. She said the company's consolidation of Luminar operations from a West Coast office into an Orlando manufacturing facility is largely complete. According to Chambers, the Orlando facility and existing inventory position MicroVision to pursue its 2027 revenue objectives without significant new capital expenditures. She said a second phase of consolidation and efficiency efforts is expected to result in net cost reductions and a significant decrease in cash burn in 2027 compared with 2026. Chambers also said the company is evaluating its debt structure, lease obligations and potential monetization of non-core assets as part of efforts to improve its balance sheet. About microvision (NASDAQ:MVIS). MicroVision, Inc develops lidar sensors and perception software designed primarily for advanced driver-assistance systems and autonomous driving applications. Its technology uses microelectromechanical systems (MEMS), laser scanning and proprietary software to help vehicles detect and interpret surrounding objects, road features and driving environments. The company's product portfolio has included the MAVIN family of long-range automotive lidar sensors, the MOVIA short-range lidar sensor and the MOSAIK software platform for processing and analyzing lidar data.

MicroVision eyes 2027 revenue doubling as lidar gains defense, industrial traction. Microvision (NASDAQ:MVIS) said it is seeing commercial traction across industrial, security and defense markets as it works to broaden its lidar portfolio, reduce costs and move toward positive cash flow. During a business update webcast, Chief Executive Officer Glen DeVos said the company's "Lidar 2.0" strategy has focused on four areas: expanding its product portfolio, lowering lidar costs, broadening its end markets beyond automotive and strengthening its leadership team. Discover more Start Investing DeVos said automotive remains an important market but has longer development cycles, prompting the company to pursue nearer-term opportunities in industrial, security, defense, data communications and photonic interconnects. He said a growing portion of MicroVision's revenue is coming from non-automotive markets. Portfolio expansion and commercial activity. DeVos pointed to the company's Scantinel and Luminar acquisitions as part of its portfolio expansion. He also cited the launch of MOVIA S during the current month, along with continued shipments of IRIS and MOVIA L products. Chief Commercial Officer James Byun said MicroVision has signed multiple long-term customer agreements in the United States and Europe covering industrial, security and defense applications. He said the agreements are intended to support recurring sensor sales as customers deploy and expand their programs. Byun said purchase orders already in hand have improved visibility into demand, allowing the company's supply chain and manufacturing teams to plan component purchases and production capacity. He said the immediate commercial focus is on delivering quality sensors on time and supporting customers as they deploy the products. MicroVision is also pursuing additional long-term agreements, expanding its qualified sales pipeline and converting that pipeline into revenue, Byun said. * IRIS: Byun said the long-range sensor is seeing demand in autonomous ground systems and defense applications, particularly because its 1550-nanometer wavelength is invisible to night-vision goggles. * HALO: The company is working with multiple customers on how its next-generation long-range sensing roadmap could support future programs, he said. * MOVIA S: Byun said the compact solid-state sensor is aimed at short-range perception for robotics and industrial applications. * MOVIA Air: The product line extends the company's offerings to aerial systems, with MOVIA Air Plus adding onboard compute processing, according to Byun. Byun also said MicroVision announced a collaboration with Robinson Unmanned and planned to demonstrate more MOVIA Air capabilities at the AUSA event in Washington, D.C. He noted that a recent FCC update involving foreign-produced advanced robotic components could increase the importance of U.S.-made sensors. Revenue outlook. Chief Financial Officer Christine Chambers said the broader mix of commercial and industrial applications can shorten sales cycles relative to automotive programs and reduce dependence on any single customer program or market vertical. She added that the company can potentially adapt sensor inventory for different use cases more quickly. Chambers said MicroVision remains confident in its full-year 2026 revenue guidance of $10 million to $15 million. Looking to 2027, she said the company expects revenue to double, supported by existing inventory and a commercial pipeline in industrial, defense and security markets. The company said it plans to provide additional financial information during its third-quarter 2026 earnings call. Cash flow and cost discipline. DeVos said the path to positive cash flow starts with pursuing markets, customers and products that can generate both revenue and gross margin. He said management is seeking to align resources and optimize the organizational structure around those revenue streams. Chambers said MicroVision is reviewing spending based on whether it advances commercialization, with planned emphasis on operations, sales and marketing, product-cost improvements, customer delivery and adoption. She said the company's consolidation of Luminar operations from a West Coast office into an Orlando manufacturing facility is largely complete. According to Chambers, the Orlando facility and existing inventory position MicroVision to pursue its 2027 revenue objectives without significant new capital expenditures. She said a second phase of consolidation and efficiency efforts is expected to result in net cost reductions and a significant decrease in cash burn in 2027 compared with 2026. Chambers also said the company is evaluating its debt structure, lease obligations and potential monetization of non-core assets as part of efforts to improve its balance sheet. About microvision (NASDAQ:MVIS). MicroVision, Inc develops lidar sensors and perception software designed primarily for advanced driver-assistance systems and autonomous driving applications. Its technology uses microelectromechanical systems (MEMS), laser scanning and proprietary software to help vehicles detect and interpret surrounding objects, road features and driving environments. The company's product portfolio has included the MAVIN family of long-range automotive lidar sensors, the MOVIA short-range lidar sensor and the MOSAIK software platform for processing and analyzing lidar data.

MicroVision and Robinson Unmanned advance lidar integration for real-time aerial mapping. MOVIA(TM) Air Plus integration with Robinson Unmanned's Blue UAS-Cleared SPIRIT UAS brings real-time perception and mapping capability to US and allied nation forces REDMOND, Wash., October 6, 2026 (Newswire.com) - MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, security and defense, and automotive applications, and Robinson Unmanned have entered into a joint marketing and demonstration agreement to advance integration of MicroVision's MOVIA(TM) Air Plus lidar technology with Robinson Unmanned's SPIRIT(TM) Group 1 unmanned aircraft system (UAS) for real-time mapping applications. The companies are collaborating to demonstrate how compact airborne lidar can capture, process, and generate detailed spatial information in real time, helping reduce the time between data collection and actionable insight. The integrated capability has potential applications across commercial, civil, public safety and global defense markets where rapidly changing conditions can make timely situational awareness and actionable data critical. "Robinson Unmanned brings deep expertise in UAS platforms and understands what customers need from airborne systems operating in demanding environments," said Glen DeVos, Chief Executive Officer of MicroVision. "Integrating MOVIA Air Plus with their platform demonstrates how our lidar technology can enable real-time mapping and situational awareness from the air. We see significant opportunities to apply these capabilities across commercial, civil, security, and defense markets." "Open architecture matters because it gives operators access to new capability without having to redesign the aircraft around it," said Paul Fermo, President of Robinson Unmanned. "MOVIA Air Plus brings compact, real-time perception and mapping capability that aligns well with SPIRIT's modular architecture. Working with MicroVision gives us another opportunity to demonstrate how advanced sensing can be rapidly integrated to give operators better information, faster, across commercial, public safety and defense missions." MOVIA Air Plus combines compact lidar hardware with advanced perception and mapping capabilities designed for airborne and mobile applications. By generating actionable spatial data in real time, the technology can support applications including surveying and mapping, infrastructure inspection, autonomous operations, public safety, security and defense. SPIRIT is an aviation-grade, NDAA-compliant, Blue UAS-cleared Group 1 platform designed for mission adaptability and operation in demanding environments. Its modular open systems architecture (MOSA) enables rapid integration of sensing, communications and other mission technologies, allowing operators and technology partners to add capability without redesigning the underlying aircraft. The collaboration with Robinson Unmanned reflects MicroVision's broader strategy to work with platform providers and technology partners to integrate its lidar and perception solutions into real-world systems and accelerate adoption across industrial, security and defense markets. The technology will be showcased next week at the Association of the U.S. Army's 2026 Annual Meeting and Exposition (AUSA) in Washington, D.C., October 12-14, 2026, in the Innovation Pavilion hosted by J.A. Green & Company. Throughout the remainder of the year, the companies will conduct joint demonstrations and customer evaluations of the integrated solution, with additional details to be announced as the program advances. About Robinson Unmanned Robinson Unmanned is the uncrewed aircraft systems (UAS) business unit of Robinson Helicopter Company, focused on delivering scalable, aviation-grade VTOL platforms across civil and defense missions. Integrating modular open architecture, advanced autonomy technologies, and full-production rotorcraft platforms, Robinson Unmanned enables operators to extend capability while reducing human risk. From compact coaxial systems to heavy-lift autonomous rotorcraft, Robinson Unmanned delivers scalable, mission-ready aircraft built to perform. Learn more at RobinsonUnmanned.com. 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. 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 [email protected] Media Contacts