MicroVision, Inc.

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MicroVision, Inc.
TypePublic
NasdaqMVIS
Russell Microcap Index component
IndustryOptics
Founded1993
Headquarters,
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

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]

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[edit]

  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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