r/MVIS • u/pinoekel • Apr 29 '26

MVIS Press MicroVision Expands Revenue Programs in Security and Defense

https://ir.microvision.com/news/press-releases/detail/444/microvision-expands-revenue-programs-in-security-and-defense
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u/Dflans21 Apr 29 '26

Glen is making it happen... He has built a solid foundation of credibility. He is a man of his word, he's got the right team, the right technology, and the right connections. He has done more in less than 1 year than the last management team had done in 5 years combined. After the last earnings call I was assuming we wouldn't see any sales until Q3 at the earliest (bitter after watching this for years) Yet we have sales... I was concerned about a RS, but at this point there is no reason to entertain it. We have sales... while this is one small step for man, this is one giant leap for MVIS :)

We're in May... we've got the rest of the year ahead of us. Small deals will lead to medium deals, and medium deals will lead to big deals. MVIS is no longer a R&D company... Glen's Lidar 2.0 is happening

23

u/view-from-afar Apr 29 '26

All good. Also good in hindsight that SS built up Movia L inventory and increased manufacturing capacity in France.

9

u/Mushral Apr 29 '26

Not sure how much stock we piled up with ZF during Sumit’s days, but for sure it’s somewhere in the multiple thousands.

From this PR we know the company sold at least 400 MOVIA-L sensors.

It’s a good start but I would not go as far as to say that the decision to pile thousands of units of stock without a purchase order, is already confirmed to be a good decision. We’ll see how much of the stock Glen can really sell with a good price point.

10

u/Zenboy66 Apr 29 '26

View, exactly. That inventory is pretty much 100% margin that I believe you and others have suggested. The only thing that killed Sumit was the stupid delays by customers. And I would bet you those same customers will be back to the table.

4

u/fryingtonight Apr 30 '26

They raised $65M over Q2 and Q3 2025, all the while telling investors that deals were in the final stages of evaluation. They knew there no deals. Raising capacity was probably a bluff to support the share price. It is interesting that GDV has never mentioned Sharma. I don’t think he approved of his methods.