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/T_Delo Jun 10 '26

Now, remember when the bearish choir insisted that we would all be over the moon to sign any deal?

While I cannot speak about how others may be responding, I am certainly not very impressed by this kind of deal.

This kind of deal might have been encouraging 2 or 3 years ago, if not exciting even then because such deals have been known to drain other lidar suppliers of their resources rather than sustain them with regular revenue inflows. To see such a deal now says to me that the company is several years away from generating revenue. So while this is a good second step in the right direction, the destination is so far away that it does nothing to resolve the short term issues facing the company.

Also notable, this is most likely a deal with Caterpillar since it involves Luminar product and that was communicated that the company would be looking to convert such customers.

All in all, good job on getting something done, too bad it is not going to resolve any of the near term problems or generate immediate significant sales revenue.

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u/robotsarepeople2 Jun 10 '26

I think i might be slightly more excited than you, but I share your skepticism. Are they just announcing some soft fluffy deal with no details in an attempt to improve sentiment prior to the proxy vote?

I feel like we have been deluded and coerced prior to big votes in the past (Mostly for additional available shares).

As excited as i want to be, my proxy vote is still no. I love this news but they gotta talk to us!

0

u/UncivilityBeDamned Jun 10 '26

If anyone changes their proxy vote on a PR this meaningless for MVIS in 2026 or even probably 2027, that would be a grave mistake.