re: MVIS rumored partnership with Microsoft.

Annual Shareholder Meeting Transcript

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The completion of A-Sample hardware of our long-range lidar sensor on schedule was a major accomplishment. Passing this milestone provides an opportunity for potential customers and strategic partners to begin meaningful engagement on evaluation of our technology and capabilities. As I discussed last month, our long range lidar sensor is designed to meet or exceed expected OEM performance and cost requirements. We believe our sensor could offer a much higher level of performance compared to other lidar sensors currently available or announced in the market.

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Strategic partnership is clearly the path they are taking here.

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At 250 meters our sensor is expected to address real-world highway driving conditions. With 10.8 million points per second, our sensor provides the highest resolution and an accurate measurement of driving space at the OEM preferred 30 hz of latency. The resolution of our sensor is, of course, not the maximum resolution we can achieve. Based on OEM needs, this hardware can support resolutions greater than 20 million points per second if needed.

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Best in class resolution.

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It was crucial to complete the A-Sample in the timeframe we have been marching to since last October. Hardware availability makes internal validation possible as well as allows engagement on external validation. External validations on automotive sensors are done at closed track test sites all over the world that were built to provide calibrated data to automotive OEMs, Tier 1s and other companies in this space.

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OEM validation and testing starts now.

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Another competitive advantage comes from being able to scale our cost-effective, solid-state beam steering system for automotive use. As I mentioned in April, we launched our fifth-generation MEMS to a 200-millimeter wafer size with our MEMS fab partner. By using our proven technologies and components, rather than those that are exotic and require significant investments from our competitors. All this is built upon the high reliability of our technology that has allowed our April 2017 partner to address consumer, commercial and military markets with our technology.

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FYI, April 2017 partner = Microsoft. Consumer and military markets?! I think we just got the wink wink confirmation that MVIS tech will be inside IVAS and the consumer versions of Hololens with this last part.

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We believe that our balance sheet provides us with a sufficient runway to execute our plans, and very importantly, we believe, the R&D expense to commercialize products could be significantly lower than other firms as we believe our A-Sample is further along than the competition. We think our competitors still need to solve a number of technical challenges that we have already solved.

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Microvision has said in the past that they are years ahead of the competition on LiDAR hardware because of their milestones in working with Microsoft on Hololens 2.

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With our technology, we also believe we have an advantage over sensors built with 1550 nm lasers. Lidars built on this technology do not have the cost and scalability advantage because they currently require expensive sensors, lasers and beam steering technologies.

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We're looking at you, Luminar ($7b valuation).

IMO, MVIS' NED (Near Eye Display or Augmented Reality) vertical got a serious valuation bump today with the indirect IVAS and consumer HL confirmation. Comparing other recent valuations in the NED space and considering MVIS is already partnered with MSFT on the best enterprise AR device currently available, I'd currently value MVIS' NED vertical somewhere between $1.5b-$2.5b or $9.50/share-$15.82/share. For NED alone. And let's just say MVIS' LiDAR vertical is on par with similar competition value, and sits around $1b, at least until they sign a partner. That's a total MVIS valuation of $3b-$3.5b or $19/share-$22/share (my personal estimate). This will only go up when they bring on a strategic partner for LiDAR. This shows you just how undervalued MVIS currently is(IMO) at $14.75.

All I know is that I currently am following a plan of buying when under $13 and begin selling in 20% lots at $18. Worked well last cycle and I'm ready for the $18 value to hit again and hope it goes up from there. Sold at $28, $25, and $22 also last cycle and always hold 20% in case something real crazy happens, like a buyout or strategic partnership.

I don't have a large portfolio but this has helped add to it. The cyclical swing of MVIS is becoming predictable that it'll happen, but the 'when' is unpredictable.

The swinging at $18 I get but it’s only gone over $20 in two time periods - the February craze when everything in the market was hitting new highs and the recent Reddit pump. I don’t know that either of those would be considered cyclical swings.

Apparently CNBC was showing MVIS some love this afternoon and gave it a BUY recommendation. I'm assuming that is why this popped to $23.

Where do you think MVIS will be in 06/22 ?

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Where do you think MVIS will be in 06/22 ?

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$350 / share

MicroVision to be Added to Russell 2000 Index

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REDMOND, Wash., June 10, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced that it is set to join the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

“We are extremely pleased that MicroVision is set to join the Russell 2000 Index,” said Sumit Sharma, Chief Executive Officer of MicroVision. “Joining this index is a reflection of the progress we have made this year in developing our technology, building a strong balance sheet and increasing shareholder value.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

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Sold my shares at Market open this morning. Good luck

What’s the read on the earnings release tomorrow? Expecting good news?

Obviously they won’t have much revenue to speak of so it all comes down to Sharma’s update on LiDAR. Their latest Biz Dev hire and presence in Germany are good signs for potential LiDAR partnerships. But personally, I only need to hear that they are on track to start selling A-Sample units via the new production line in Asia. Bonus points for anything NED related. Worst case they issue more shares soon and this goes for a triple bottom test around $10.