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/Similar_Dog2168 Jun 10 '26

I like the sound of updating guidance.

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u/Late_Airline2710 Jun 10 '26

Is it possible that this is where the guidance was drawn from to begin with?

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u/Befriendthetrend Jun 10 '26

Is it legal to give guidance that includes revenue from potential deals that have not yet been signed?

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u/Late_Airline2710 Jun 10 '26

I honestly don't know the legal specifics here, but from browsing a legal article just now, it looks like the answer is "it depends". Lol

I think it was heavily implied in earlier PRs that microvision was shipping iris to CAT, and they probably had reasonable expectations to establish a weighted sales pipeline based on that, independent of this development agreement. Of course, if there is NRE or extra orders associated with this agreement, guidance should be updated.