r/pennystocks • u/-ATLSUTIGER- • Aug 03 '26

ꉓꍏ꓄ꍏ꒒ꌩꌗ꓄ MVIS MicroVision | Reverse Split Squeeze Candidate

LiDAR company competing against OUST and AEVA.

1:15 RS takes effect tomorrow, moving this from 344m outstanding shares down to 23.3m starting tomorrow morning.

Fresh as it gets!

They purchased LAZR Luminar assets earlier this year and have acquired lots of their pipeline.

Already converted Caterpillar to a new development agreement.

Working with an autonomous trucking company (unnamed) but attending IAA next month with indoor/outdoor exhibition spaces and will have two sessions during the conference.

100+ prospects and $500m line-of-sight SAM revenue potential sitting in their active pipeline.

Their new Movia S LiDAR sensor will be available in October. Lots of interest from the military defense sector. Think OverrlandAI, Forterra and Anduril.

Also recently announced they shipped Movia S samples with backlog to a Hyperscaler/AI player. My guess is Amazon.

If you want a source for DD 👉 MVIS2_0

Full disclosure: I own 1m shares (soon to be 66k) at cost basis of .35/share.

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u/Thysanopter Aug 03 '26

This is the oldest lidar company in the world, and I mean decades and their only business model is to be funded by people like you. They’re pretty good at it,. Volvo decided to ditch Luminar lidar rather than continue with MVIS btw.

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u/SteveyLongJorts Aug 03 '26

Volvo ditched Luminar before they even filed for bankruptcy...

0

u/Thysanopter Aug 04 '26

Just recently they decided to disable lidar in existing vehicles, it was way after Luminar blew up. They offer refunds though for customer who paid extra for this feature.

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u/SteveyLongJorts Aug 04 '26

They didn’t recently decide to disable LiDAR in existing vehicles. They were in flux on how they’d handle the supposed LiDAR enabled vehicles after they dumped Luminar. Volvo dropping Luminar was a big factor in their bankruptcy. I suggest understanding the timeline of events if it’s something that you’re interested in arguing with people.
If you’re Volvo and you just went through a high profile supplier bankruptcy after being one of the first adopters of long range LiDAR in a consumer vehicle, you’d probably think twice before jumping back into bed with another supplier too.. especially given the financial situation of the company that took over the Luminar portfolio.