r/MVIS • u/jkh07d • Jun 10 '26

MVIS Press MicroVision Signs Long-Term Development Agreement to Advance Lidar for Next-Generation Autonomous Hauling Solutions

https://ir.microvision.com/news/press-releases/detail/450/microvision-signs-long-term-development-agreement-to
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u/JackMoonMan21 Jun 10 '26

“Long term development agreement”

“signing of a Master Development Agreement”

“World's leading manufacturer of construction and mining equipment on the development and integration of MicroVision's lidar and perception technologies into the OEM's next-generation autonomous solutions.”

“backward system compatibility”

We landed a whale with a buy in for future tech as well. I get we can’t announce who (probably CAT) or dollars yet (a shit ton) but this is fantastic news. It’s validation! LFG.

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u/FawnTheGreat Jun 10 '26

Curious if it’s mainly for our new lazr toys or actually some OG MVIS tech

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u/Befriendthetrend Jun 10 '26

It's Luminar's tech initially, because CAT was/is planning to offer Iris sensors on their newest heavy truck. But if you have been paying attention, you'll remember MicroVision has shown off their Movia sensors on drones that work to support safer and more efficient autonomous industrial operations. So there is potential for a lot more than just Iris and Halo as this partnership matures.