MicroVision announced that it has secured its first commercial order for the MOVIA L lidar sensor, a MEMS‑based short‑range unit integrated with the company’s perception software. The order marks the first win in the company’s industrial and security‑and‑defense strategy, a segment MicroVision has been targeting to generate near‑term revenue while it prepares for larger automotive opportunities later in the decade.
The MOVIA L platform combines a compact, low‑power lidar sensor with an on‑board perception stack, allowing customers to embed the system directly into warehouses, mining equipment, or military platforms. The integrated hardware‑software approach is designed to reduce integration costs and accelerate time‑to‑market for safety and automation applications in harsh environments.
While the order’s exact size and financial value were not disclosed, the win provides early revenue traction and validates MicroVision’s guidance of $30 million to $50 million in revenue over the next 12 to 18 months, primarily from industrial applications. The order also supports the company’s broader strategy to capture high‑margin contracts in the defense sector, where the lidar market is projected to grow at a 9.5% CAGR through 2030.
CEO Glen DeVos said the order “highlights the immediate value that our short‑range MOVIA L sensor can bring to mission‑critical systems, whether protecting lives on the battlefield or cargo in industrial transport settings.” He added that the win “gives us early traction in the Security & Defense sector and confirms the commercial viability of our integrated hardware‑software solution.”
The announcement comes after MicroVision reported Q3 2025 revenue of $0.2 million, far below the $1.13 million forecast, underscoring the company’s need to accelerate revenue growth. The new order, while a positive milestone, is a small step toward the $30‑$50 million guidance and highlights the ongoing challenge of converting technology into consistent, high‑volume revenue. Investors have historically reacted cautiously to such announcements, focusing on the company’s track record of revenue misses and the need for a sustained ramp‑up.
MicroVision’s focus on industrial and defense markets aligns with broader market trends, as the defense lidar segment is expected to expand rapidly and the industrial automation market continues to demand low‑power, high‑accuracy sensing solutions. The company is also preparing to launch its next‑generation MOVIA S sensor in Q4 2026 and is managing cash burn with $99.5 million in cash and equivalents, positioning it to pursue additional opportunities while maintaining financial flexibility.
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