MicroVision, Inc. (MVIS) is an industry-leading company that specializes in laser beam scanning technologies, known as PicoP®. The company primarily directly designs, develops, markets, and sells proprietary scanning technology. MicroVision’s proprietary PicoP® scanning technology is based on the principle of micro-electro-mechanical systems (MEMS). This technology has numerous potential uses, specifically in areas like augmented/virtual reality (AR/VR), 3D perceptive Lidar sensing for consumer electronics, autonomous vehicles, and industrial applications.
Founded in 1993, MicroVision, Inc. is headquartered in Redmond, Washington. Since its foundation, the company has been a pioneer in advanced laser scanning technology for high-resolution micro-display systems and sensing solutions. The company’s scanning technology allows for lightweight, small form-factor solutions with high-resolution output.
The company’s Mems scanning mirror system can project, capture, and sense simultaneously, making it a unique offering in the market. This simultaneous operation means the projection can be interactive, or the capture can provide 3D depth mapping for a 3D image from a single, lightweight, and small form-factor device.
The company sells its products primarily to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). These products are incorporated into a variety of applications, including automotive safety and AR, personal mobile entertainment devices, IoT, 3D sensing, and interactive projection systems.
One of MicroVision’s premier products is the PicoP® display engine for immersive viewing. This technology utilizes a laser light source which outputs a bright, high-resolution image that can always be in focus. MicroVision also provides a line of sophisticated AI point cloud processing products. These projects take the data from the laser pulse reflections and further refine the data into usable segments for AI object recognition.
Furthermore, MicroVision, Inc. has pioneered the next generation of solid-state Lidar technology with their PicoP® Scanning Technology that delivers high-resolution 3D sensing and projected display capabilities.
In recent years, MVIS has gained the attention of the investment community due to its potential in various booming sectors such as AR, driverless cars, and IoT. While MicroVision is currently a relatively small enterprise, the potential applications of its technologies imply significant growth potential, further expanding its horizons in the tech industry.