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RNS Number : 5529Q  MicroVision, Inc.  21 February 2023

 

MicroVision Releases Video Showing Integration of MAVIN and Perception
Software

 

Early Evidence of Acquisition Synergies

 

 

REDMOND, WA / ACCESSWIRE / February 21, 2023 / MicroVision, Inc.
(NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and
advanced driver-assistance systems (ADAS) solutions, today announced the
release of video images showing the integration of its best-in-class dynamic
view lidar sensor, MAVIN™ DR, with its newly acquired best-in-class
perception software. Providing a cost-effective, one-box solution for
automotive OEMs, this seamless integration between the hardware and the
software was a key driver behind MicroVision's acquisition of assets from Ibeo
Automotive Systems GmbH, which closed on January 31, 2023.

 

 

 

 

 

MAVIN now has more features, with proven perception software developed and
perfected over many years. The perception software transforms raw lidar data
collected by the lidar sensor's hardware and translates that data into
object-tracking information that a vehicle can then use to make decisions
about how to navigate its environment, such as stopping, accelerating, or
moving into drivable free space. Integrating Ibeo's proven perception software
into MicroVision's perception ASIC will accelerate the path to a "one-box
solution" required by automotive OEMs for a roofline product.

 

"The quick and seamless integration of Ibeo's mature perception software into
the high-performing MAVIN sensor eliminates the risk of the acquisition and
gives MicroVision an edge over competitors," said Sumit Sharma, CEO of
MicroVision. "Our recent video demonstrates that by joining forces, we are
developing capabilities necessary to address RFQs in 2023 and beyond."

 

MAVIN™ DR features include:

 

·      Dynamic Range Performance. Short-, medium- and long-range sensing
and fields of view with the ability to detect small objects at speeds of 130
km/h (80 mph).

·      Object Detection, Classification, and Tracking. Accurate
detection, classification, and tracking of objects-vehicles, pedestrians, and
other moving objects-at distances up to 250 meters.

·      Velocity Detection and Low Latency Data. Precise and reliable
measurements of where surrounding objects are and how quickly they are moving
to enable predictions about their trajectories. Low latency data can react
faster to obstacles and situations on the road, giving vehicles more time for
safe maneuvering.

·      Customizable Small One-Box Solution. Low-profile, lightweight
form factor offers flexibility to how the sensor can be integrated into a
vehicle's design, with customized solutions designed to OEM specifications.

 

"We are thrilled to see the software integration happen so quickly," says
Sharma. "Our engineers in Redmond, Nürnberg, and Hamburg worked as a truly
global team to make this happen, and we are all excited about what's ahead for
MicroVision."

 

Access to the video can be found on MicroVision's social media sites, links
for which can be found on its website at https://www.microvision.com
(https://pr.report/4VZzLrWX) .

 

 

About MicroVision

 

With over 350 employees and offices in Redmond, Detroit, Hamburg, and
Nürnberg, MicroVision is a pioneering company in MEMS-based laser beam
scanning technology that integrates MEMS, lasers, optics, hardware, algorithms
and machine learning software into its proprietary technology to address
existing and emerging markets. The Company's integrated approach uses its
proprietary technology today to develop automotive lidar sensors and provide
solutions for advanced driver-assistance systems (ADAS), leveraging its
experience building augmented reality micro-display engines, interactive
display modules, and consumer lidar modules.

 

For more information, visit the Company's website at www.microvision.com
(http://www.microvision.com) , on Facebook at www.facebook.com/microvisioninc
(http://www.facebook.com/microvisioninc) ,follow MicroVision on Twitter at
@MicroVision (https://twitter.com/microvision?lang=en) , and LinkedIn at
https://www.linkedin.com/company/microvision/
(https://www.linkedin.com/company/microvision/) .

 

MicroVision and MAVIN are trademarks of MicroVision, Inc. in the United States
and other countries. All other trademarks are the properties of their
respective owners.

 

Investor Relations Contact

Jeff Christensen and Matt Kreps

Darrow Associates Investor Relations

MVIS@darrowir.com

 

Media Contact

Robyn Komachi

Marketing@MicroVision.com (mailto:Marketing@MicroVision.com)

 

SOURCE: MicroVision, Inc.

 

 

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