MicroVision, Inc.

MicroVision, Inc.[1] is an American company that develops laser scanning[2] technology for projection, 3D sensing, and image capture. MicroVision's display technology uses a micro-electrical mechanical systems (MEMS) scanning mirror with red, green, blue, and infrared lasers, optics and electronics to project and/or capture images. The company licenses its products primarily to original equipment manufacturers (OEMs) such as STMicroelectronics.[3]

MicroVision, Inc.
TypePublic
Nasdaq: MVIS
Russell Microcap Index component
IndustryOptics
Founded1993
Headquarters
Redmond, Washington
,
USA
Key people
  • Sumit Sharma, CEO
  • Anubhav Verma, CFO
  • Judy Curran, Director
  • Seval Oz, Director
ProductsAutomotive LIDAR, laser beam scanning, projectors, 3D sensing, augmented reality, head-mounted display
Number of employees
80
WebsiteMicroVision.com

The MEMS scanning micro-mirror is the basis of MicroVision’s technology platform. The MEMS design consists of a silicon device with a millimeter-scale mirror at the center. The mirror is connected to flexures that allow it to swing vertically and horizontally to display (or capture) an image.[4] In projection-mode the MEMS laser beam scanning display method can be compared to raster scanning in a cathode ray tube (CRT) display. Product applications include mobile projection[5][6] virtual retinal display,[7] head-mounted display,[8] and automotive head-up display.[9] The technology has also been used in a smartphone by the manufacturer Blackview.[10]

In May 2018, Microvision entered into a license agreement with a global technology company to use company's display technology to manufacture and sell display-only engines.[11][12] With their first quarter 2020 financial results, MicroVision announced the potential sale of the company.[13] In April 2021, the company's stock price surged after being discussed on the subreddit WallStreetBets, and was up more than 7,600% over the past year.[14]

A MicroVision laser pico projector
Wireless barcode scanner developed by MicroVision uses Microelectromechanical systems (MEMS)

References
  1. "Double Vision: Retinal Displays Add Data Layer". The New York Times. 26 April 2001.
  2. Freeman, Champion, Madhaven--Scanned Laser Pico-Projectors: Seeing the Big Picture (with a Small Device) http://www.microvision.com/wp-content/uploads/2014/07/OPN_Article.pdf Archived 2017-02-02 at the Wayback Machine
  3. Ltd, SPIE Europe. "MicroVision jumps on auto lidar bandwagon with STMicroelectronics".
  4. "Frequency tunable resonant scanner".
  5. Thill, Scott. "Pico Projector Film Fest Turns Ice Sculpture Into Screen". Wired.
  6. Horwitz, Jeremy (15 October 2015). "Review: Sony's MP-CL1 updates a proven HD pico projector with a thin, Apple-friendly shell".
  7. Internet Archive / Panagiotis Fiambolis. "Virtual Retinal Display (VRD) Technology" https://web.archive.org/web/20080413063727/http://www.cs.nps.navy.mil/people/faculty/capps/4473/projects/fiambolis/vrd/vrd_full.html
  8. "Microvision Ships Nomad Personal Display Systems".
  9. "Pioneer touts world's first car GPS with augmented reality HUD (Video)".
  10. Athow, Desire (April 2019). "Blackview Max 1 projector smartphone review". Techradar.
  11. Reuters Editorial. "BRIEF-Microvision - Entered Into License Agreement To Allow..." U.S. Retrieved 2018-05-22.
  12. "MicroVision, Inc. Announces New License Agreement with a Leading Technology Company". www.us-tech.com. Retrieved 2018-05-22.
  13. "MicroVision Announces Second Quarter 2020 Results". MarketWatch. Retrieved 2020-09-17.
  14. McCabe, Caitlin (27 April 2021). "MicroVision Is the Latest Stock WallStreetBets Can't Stop Buzzing About". Wall Street Journal. Retrieved 28 April 2021.
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