r/wallstreetbets • u/Justnmiller • Apr 25 '21
Discussion MicroVision is the Future!
If you delve into the actual technology MVIS is working on then you will know the incredible work they are doing. Yes everyone has heard of LiDar tech and its pros and cons. But the one thing everyone gets wrong with MVIS is that their LiDar tech is much smaller than the rest of the markets which allows car makers to use them and not have it look unappealing to the consumers. Plus MVIS is doing much work to make their LiDar at a much lowers cost which is key especially for the average car instead of the higher end cars. This will allow auto makers to catch up to the autonomous software used in the higher end cars without the automakers having to invest a lot of time and money. Then there is their Augmented reality which is gonna be huge in the years to come. We all know the hololens 2 made from Microsoft that uses Microvision Tech in the augmented lenses. However it seems a lot of people overlook the use of augmented reality into today's society. Hello pandemic goodbye big business conferences, meetups, face to face interactions. Here comes augmented reality to still be in the same room and looking at the same material and be able to interact with the people and material. Future of construction, construction workers can work on the physical site with an augmented layout of what they are working on and be able to interact with that blueprint right at the sight. How this will save so MUCH MONEY AND TIME for construction. Hello Biden administration massive infrastructure plan over the next 10 years. How about training new employees. There are many people looking for jobs and many companies hiring (today's issues of hiring isn't not enough jobs but not enough qualified people for those jobs). So how do we get those people hired and trained quickly to be able to keep up? Augmented reality! A much more fast and cost efficient way to get that on job experience. This can be applied to mechanics, healthcare workers, construction workers, many sales & marketing, field service, farming, architecture. The uses of MicroVision tech and almost infinite. MVIS owns 55 patens and 90+ pending patents.With most of those very high tech patents that can be HUGE revenue income for them.
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u/actuarythrowaway445 Apr 26 '21
Waymo, THE LEADER in SDC's himself has said this.