MicroVision Acquires Luminar Assets for $33M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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MicroVision entered into an agreement to acquire certain assets from Luminar Technologies, Inc., including IP and inventory related to the Iris and Halo lidar sensors, key engineering and operations talent, and certain commercial contracts and orders. MicroVision was selected as the winning bidder at a competitive auction conducted by Luminar under Section 363 of the U.S. Bankruptcy Code with a cash purchase price of $33M for certain assets, employees, and contracts associated with Luminar's lidar business. The closing of the acquisition is subject to customary conditions, including approval by the bankruptcy court. A hearing to seek court approval is scheduled for January 27, 2026 and the acquisition is expected to be completed on or shortly after February 2, 2026. The Company expects to provide additional information regarding the acquisition at its next regularly scheduled earnings call.
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Analyst Views on MVIS
About MVIS
MicroVision, Inc. is a developer and supplier of lidar hardware and software solutions focused on the automotive lidar and advanced driver-assistance systems (ADAS) markets. It is engaged in micro-electromechanical systems (MEMS)-based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms, and machine learning software into its technology to address existing and emerging markets. Its patented laser beam scanning technology combines a MEMS scanning mirror, laser diode light sources, electronics, and optics that are controlled using its system control algorithms. It has developed micro-display concepts and designs for use in head-mounted augmented reality (AR) headsets and developed a 1440i MEMS module supporting AR headsets. Its products include MAVIN N is a MEMS-based long-range sensor capable of small object detection; MOVIA L & MOVIA S is a flash-based short-to mid-range sensor, and MOSAIK Suite is validating vehicle sensors for ADAS.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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