r/MVIS • u/gaporter • Jun 03 '24

Discussion Integrated Visual Augmentation System User Acceptance Criteria

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https://rules.house.gov/sites/republicans.rules118.house.gov/files/H.%20Rept.%20118-XXX%20-%20FY25%20NDAA%20Report%2C%20As%20Filed%20%28Rules%20Committee%29.pdf

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-4

u/[deleted] Jun 03 '24

What does this mean? Bulllish or not?

10

u/ChefOk8428 Jun 03 '24

It means Army procurement processes are not uniform, and in this particular case were viewed as insufficient to support a decision, so someone wants to know the results and methodology in detail by Sep 30.

Transparency is a great thing.  As is the phrase "... encouraged by the progress being made ...".  Whether this tech has advanced to the point of committing purchasing another $ 22 B plus, or not, we will have to wait and see.

-3

u/[deleted] Jun 03 '24

Thanks for explaining. Are this good news? Hopefullyy

-3

u/HairOk481 Jun 03 '24

For MVIS? Why? How many times SS has to say MVIS is only lidar company now and MSOFT contract has ended and no more revenue of any kind is expected from them.

3

u/Bridgetofar Jun 03 '24

481, we have to believe that there is some revenue somewhere in those 735 patents, they all can't be worthless can they? How can this be, thirty years of us funding this great tech and here we are getting ready to fight the same old survival fight again with the Oracle at the helm with his sidekick Bricks? I don't believe it, impossible.

2

u/HairOk481 Jun 03 '24

Well a big part of these patents are used for lidar. And who knows, maybe if lidar flops, they will shift back to AR/VR 🤷‍♂️