MicroVision, Inc. specializes in advanced sensing solutions, primarily developing lidar sensors crucial for automotive safety and the advancement of autonomous driving systems. These lidar units leverage a sophisticated laser beam scanning (LBS) technology, integrating micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, and specialized electronics, algorithms, and software. They are also actively developing their first-generation long-range lidar. Beyond automotive, MicroVision extends its expertise to micro-display development, creating designs and concepts for head-mounted augmented reality (AR) headsets. This includes a 1440i MEMS module specifically designed to power such AR devices. Their portfolio further encompasses interactive display modules for smart speakers and various other devices, alongside consumer lidar solutions tailored for smart home integration. A cornerstone of their innovation is the PicoP scanning technology. This advanced system generates vivid, high-contrast, and consistently uniform full-color images across an entire field-of-view, all from a remarkably compact and slender module. MicroVision primarily distributes its offerings to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Established in 1993, the company maintains its headquarters in Redmond, Washington.
MicroVision Announces Pricing of $17.0 Million Public Offering
MicroVision priced a $17.0 million public offering of 6.8 million units at $2.50 per unit, with each unit containing one share of common stock and one warrant.
The warrants are immediately exercisable at $2.50 per share and expire five years from issuance, adding long-term dilution potential for existing shareholders.
WestPark Capital is acting as exclusive placement agent for the offering, which is expected to close on or around August 17, 2026.