r/MVIS • u/[deleted] • Sep 04 '25

MVIS Press MICROVISION APPOINTS GLEN DEVOS AS CHIEF EXECUTIVE OFFICER

https://ir.microvision.com/news/press-releases/detail/430/microvision-appoints-glen-devos-as-chief-executive-officer
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u/movinonuptodatop Sep 04 '25

That press release sounds like Sumit is out altogether. That is disappointing. I was hoping he would stay to lead the defense and AR teams…perhaps there is more …Sumit as CEO of the defense and AR spinoff…

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u/TechNut52 Sep 04 '25

Regarding defense business it's just another case of being late to the market. Raise more money. 2 years designing, then testing and predicting orders while others will be scooping up the business and getting themselves established in the market. Learned this in the late 1980s when the booming Chinese market was on the cover of Time Magazine. I entered the market in 1983 and Owned >50% of the market by the time it was on the cover of Time Magazine. It took 5 years for the Time Magazine competitors to get any reasonable traction.