MicroVision Announces Completion of its Long-Range Lidar Sensor A-Sample Hardware and Development Platform
“With an expected range of 250 meters and a field of view of 100 degrees horizontal by 30 degrees vertical, we expect this lidar sensor to provide the highest resolution point cloud at 10.8 million points per second while operating at 30 hertz. Additionally, this lidar sensor is designed to be immune to interference from sunlight and other lidars. One of the ground breaking proprietary features of this lidar sensor is its capability to output the axial, lateral and vertical velocity of moving objects at 30 hertz,” added Sharma. “We believe no lidar product on the market, ranging from frequency modulated continuous wave to time-of-flight, has this capability. To achieve safety and successful autonomous driving, we believe this capability delivered at low latency will be a key feature.”
MicroVision is the creator of innovative MEMS scanning technology and solutions based on the laser beam scanning methodology pioneered by the Company. The Company combines its hardware, software, and algorithms to unlock value for its customers by providing them a differentiated advanced solution for a rapidly evolving lidar sensor, augmented reality, interactive display and consumer lidar market.
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Certain statements contained in this release, including those relating to pursuing strategic opportunities, progress in the development of a Long-Range Lidar Sensor, ability to meet key automotive industry requirements, potential sales of Long-Range Lidar Sensors, demonstration of key lidar features, ability to achieve development goals, potential automotive industry standards, availability and performance of features in future products, confidence in the Company’s ability to implement features in future products, support from suppliers, strategic advantages of the Company’s technology, applications and features of MicroVision technology, and those containing words such as “believe,” ”will,” “could,” “potential,” and “expect” are forward-looking statements that involve risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the forward-looking statements include the risk that the Company may not succeed in finding licensing or other strategic solutions, including a potential sale of the Company, with acceptable timing, benefits or costs, the Company’s ability to operate with limited cash or to raise additional capital when needed; market acceptance of the Company’s technologies and products or for products incorporating its technologies; the failure of commercial partners to perform as expected under agreements, including from the impact of the COVID-19 (coronavirus); the Company’s ability to identify parties interested in paying any amounts or amounts we deem desirable for the purchase or license of intellectual property assets; the Company’s or its customers’ failure to perform under open purchase orders, the Company’s financial and technical resources relative to those of its competitors; the Company’s ability to keep up with rapid technological change; government regulation of the Company’s technologies; the Company’s ability to enforce its intellectual property rights and protect its proprietary technologies; the ability to obtain additional contract awards and develop partnership opportunities; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market Company products; potential product liability claims; the Company’s ability to maintain its listing on the
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Source: MicroVision, Inc.