Microvision, Inc. · NASDAQ:MVIS
Microvision — Investor Presentation (January 2022)
15 slides from Microvision's investor presentation, Jan 4, 2022
Slide 1: Integrated LiDAR and Software Solution for ADAS L2+/L3
Exhibit 99.1 Integrated LiDAR and Software Solution for ADAS L2+/L3 MicroVision Business Over view J a n u a r y 2 0 2 2
Slide 2: Safe Harbor Statements
Safe Harbor Statements This presentation of MicroVision, Inc. (“MicroVision,” “the Company,” “we,” or “our”), and any accompanying oral presentation, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exc
Slide 3: MicroVision a High-Tech Software and LiDAR Hardware Company
MicroVision a High-Tech Software and LiDAR Hardware Company • Core technology developed and • Delivered technologies to • Established semi-conductor • Strong leadership roots delivered to U.S. military leading global tech giants partnership network Microsoft Uniquely positioned to win in ADAS Strong
Slide 4: Key Investment Highlights
Key Investment Highlights 1 1 Large SAM Uniquely positioned to capture the cumulative potential revenue opportunity of $80 Billion through 2030 Best-in-Class LiDAR Highway Pilot capabilities up to 130 km/h enabled by our MEMS-based LiDAR and edge computing 1 2 Specifications with significantly reduc
Slide 5: Focused on the ADAS Level 2+/3 Market
Focused on the ADAS Level 2+/3 Market Forecasted MicroVision SAM, vehicles produced with LiDAR potential (millions) Growth drivers 20.0 17.2 3.9 1 2 Rapidly decreasing cost and ~$80B ~100M cumulative cumulative higher scalability of LiDAR-based 3.4 14.3 potential LiDAR potential revenue systems make
Slide 6: Our Unique Approach
Our Unique Approach MicroVision’s Offering How MicroVision Integrates into the ADAS Stack Radar Camera Ultrasonic High-fidelity LiDAR Lidar LiDAR, Custom ASIC and acts as primary source Inputs MicroVision Software with radar used for Sensor verification Fusion OEM Sensor Fusion LiDAR and radar Fusio
Slide 7: Our Integrated Offering Provides Solutions to OEMs' Needs
Our Integrated Offering Provides Solutions to OEMs’ Needs Saved development cost & time Superior Highway Pilot functionality 1 2 • No training required for LiDAR/radar • Capable up to 130km/h sensor fused output • Fewer restrictions than existing systems • Reduced training requirements for OEMs Micr
Slide 8: Proprietary Software on a Custom ASIC is Game-Changing Solution
Proprietary Software on a Custom ASIC is Game-Changing Solution MicroVision Solution Image-Based Solution Minimized latency by processing point cloud data, Higher latency by processing and classifying image- maximizing range of vehicle action based inputs, delaying vehicle actions Illustrative Syste
Slide 9: Our LiDAR Outperforms Others in the Market
Our LiDAR Outperforms Others in the Market Data rate Frame latency Max field of Range Sun/LiDAR Module Wavelength 1 2 (pts/sec) (Hz) view (H x V) (m @ 10% refl.) interference cost (nm) Lowest while N/A Example OEM specs≥ 4,000,000 24 100° x 25° 200 Immune meeting spec. 10,800,000 30 100° x 25° 220 I
Slide 10: Our Highway Pilot Solution Offers Better Performance
Our Highway Pilot Solution Offers Better Performance Speed Lighting Limitation Max Min Max Min Road Traffic Weather All All Maximum target performance 150 km/h 0 km/h 120k lux 5k lux No restriction conditions weather 130km/h Capable of tunnels, intersections, etc. Capable of moderate fog, rain, or s
Slide 11: Our Go-to-Market Strategy
Our Go-to-Market Strategy Direct marketing & OEM PARTNERSHIP co-development Partnering with OEMs directly to enable customized features leading to “directed buy” agreements Strategically positioned to: TIER 1 PARTNERSHIP Hardware & • Establish attractive software revenue proprietary software and Par
Slide 12: Our Measures of Success
Our Measures of Success Cumulative metrics through 2030 Partnerships Sales Volume Revenue EBITDA ~25 – 30M+ 2+ OEMs ~$2 – $4B+ ~$1 – $2B units Source: IHS Markit, company estimates. EBITDA is a non-GAAP measure useful to management and investors as a liquidity measure and for comparison to peers but
Slide 13: Continuing to Evolve to Stay Ahead of the Market
Continuing to Evolve to Stay Ahead of the Market 1996 2011 2019 2021 2025+ Goal NASDAQ Listed Start of LiDAR HoloLens 2 MEMS Long-Range LiDAR Solution productized R&D micro-display sensor unveiled at IAA 1998 2014 2020 2022 Goal U.S. Military contract Sony licenses 3rd 1st Generation LiDAR-enabled C
Slide 14: MicroVision Management Team
MicroVision Management Team Sumit Sharma Anubhav Verma Drew Markham CEO CFO General Counsel Formerly Google X Formerly Credit Suisse 20+ years advising technology companies Seasoned executive with other leadership 12 years experience leading Experience executing corporate, M&A, roles at Jawbone and
Slide 15: Thank you.
Thank you. ae) MicroVision