MicroVision Expands Sensor Shipments in Security and Defense Markets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
MicroVision announced expanding traction in security and defense markets, with an increase in sensor shipments supporting a range of mission-critical applications. "Not only are we seeing an increase in initial customer shipments, we're receiving meaningful repeat orders from customers following successful evaluation programs and integrations," said Glen DeVos, CEO of MicroVision. "For example, a defense-industry customer that has been integrating 200+ Movia L units over the past several months recently placed another order for 200 additional units. Another customer is looking to bring Iris sensors to the front line. With sensor inventory on hand, MicroVision can support customers like these behind the scenes as they carry out high-stakes, discreet operations. We're proud to see MicroVision sensors become an integral part of autonomous safety systems serving urgent needs in active war zones. Today's defense strategies require perception-based autonomy that can adapt to rapidly changing environments. Our lidar solutions are designed to meet stringent operational requirements while giving customers an open software architecture they can innovate and manipulate based on emergent needs."
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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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- Gross Margin Surge: The gross margin jumped from 7% in Q1 2025 to 39%, reflecting a better product mix from the acquired Luminar sensor inventory, indicating early integration benefits and enhancing competitive positioning in the market.
- Net Loss Exceeds Expectations: Despite revenue growth, MicroVision reported a net loss of $0.08 per share, wider than the expected $0.04 loss, attributed to significant restructuring costs and a 15% reduction in global workforce, showcasing challenges during the company's transformation.
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See More
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- Margin Improvement: The gross margin for Q1 was 39%, a substantial increase from 7% in the same quarter last year, reflecting the company's success in negotiating supply agreements and optimizing its product mix, which is expected to further enhance profitability going forward.
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See More
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See More
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- Poor Financial Performance: The company reported a quarterly net loss of $37.8 million, up from $31.2 million in the prior-year quarter, reflecting significant non-cash impairment and inventory charges, raising further concerns about its financial health among investors.
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See More
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- Operational Efficiency Improvement: MicroVision announced Orlando as its U.S. manufacturing base, consolidating operations to realize synergies from acquisitions, which is expected to enhance overall operational efficiency and reduce costs, laying a foundation for future growth.
- Future Outlook: The company anticipates 2026 revenue guidance of $10 million to $15 million, primarily benefiting from ongoing Luminar revenue streams and an increase in new customers, indicating an accelerated push into defense and industrial markets.
See More
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- Market Reaction Outlook: Given the poor financial performance, the market is expected to adopt a cautious stance on Microvision's future prospects, which may pressure the stock price in the short term and impact the company's financing and expansion plans.
See More
