re: Microvision MVIS

New CEO

quote:

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REDMOND, WA / ACCESS Newswire / September 4, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced that the Company's Board of Directors has appointed Glen W. DeVos as Chief Executive Officer and a member of the Company's Board of Directors effective September 30, 2025. Sumit Sharma, the Company's current CEO, will remain in the role through the effective date to ensure a smooth transition.

A seasoned executive, DeVos brings more than three decades of leadership in the automotive and industrial technology sectors, delivering advanced technologies and solutions with a focus on autonomy and mobility. Since 1992, DeVos served in various business leadership and technology roles at Aptiv, and its predecessor Delphi Automotive, including as Aptiv's Chief Technology Officer and President of the Advanced Safety and User Experience business unit. His extensive experience developing and driving strategy, leading global organizations, managing capital, developing trusted relationships with customers and partners, and successfully launching high complexity software and hardware platforms will be a tremendous asset in steering MicroVision's go-to-market strategies and driving targeted growth. Since joining MicroVision as Chief Technology Officer in April 2025, DeVos has accelerated the evolution of the Company's engineering and operations teams toward productization and commercialization of the Company's innovative technologies.

"Glen's work as our CTO has been impressive, solidly advancing our product roadmap," said Bob Carlile, Chair of MicroVision's Board of Directors. "As the Company sharpens its strategic focus on delivering products and solutions to targeted industries, now is the right time for this leadership transition and Glen is the ideal leader to serve as our CEO. Glen's extensive experience getting products to market and successfully anticipating industry challenges will help us efficiently execute our strategic plan."

"I am energized by this opportunity to lead the Company at this exciting time in the autonomy and mobility space," said DeVos. "Since joining MicroVision five months ago, I've taken a deep dive into the Company's portfolio, people, and plans. I'm confident that MicroVision has the technology and talent to quickly deliver game-changing solutions to customers in industrial, automotive, and defense."

Continued Carlile, "We sincerely appreciate Sumit's 10 years of dedication to MicroVision. Through his leadership, strategic vision, and innovative thinking, MicroVision has developed compelling technologies and solutions, implemented industry-leading strategies, and established a strong foundation for the Company to seize near-term and long-term business opportunities."

"It has been a privilege to lead the MicroVision team and be a part of the Company's growth over the past 10 years," said Sumit Sharma, MicroVision Chief Executive Officer. "I will continue to support and champion MicroVision as a shareholder and enthusiastic fan."

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230k shares ? this is not going to end well....

Trying to break out of the inverse h&s and push for a golden cross. Put it on watch again. Bullish run is close.

MicroVision just bought all Luminar LAZR assets for $33m. This explains the dip back below $1.

This however puts them in the driver seat to win Volvo and Caterpillar business.

This was a massive move in the LiDAR sector.

This is going to make a serious climb in the next 24 months IMO.

If you want a speculative play in 2026, here it is. Snag it under $1 while you can.

GD was I too early here. SMH!

That said, if you aren’t in this already, this is truly an absurd entry price here.

Worst case, this should be trading at 0.85. The sell off yesterday was clearly overextended with 80% short volume yesterday. Maybe see how it reacts today first.

The company is finally projecting legit revenue of $10-$15m in 2026, mainly from the industrial market. But they have also shipped sensors recently to Volvo, Mercedes and Nissan in an attempt to re-establish former Luminar customers.

Ford just posted a job this week indicating their intent to start testing and validating LiDAR sensors. Auto OEMs will be using LiDAR across all vehicles soon enough.

China is already ahead of the game with most manufacturers running LiDAR. The United States isn’t going to let China based LiDAR into this country without a fight. See SAFE LiDAR Act.

He says he’ll stop drinking and hitting me. He said he means it this time.

I’ll grab another handful today.

somehow this is one of the few that I made bank on

what a sight to see now

After 30 years, they are still pre revenue.