MicroVision, Inc. (MVIS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

related to system architecture and the move to satellite sensors. We started this in automotive roughly 15 years ago with the introduction of satellite radar and camera sensors, working with a central ADAS domain controller. This approach breaks down the perception challenge and simplifies the individual sensors, delivering the highest level of performance at the lowest total system cost. The third is to further simplify and reduce the cost of the hardware through software. We'll talk more about this in future calls, but solving the perception and the processing challenges in software enables the further optimization of the hardware, again, resulting in lower total costs. These are the steps to mass adoption, and if they sound familiar, it is because this is exactly what has been done for vision, radar, and other sensing modalities. And this is exactly what we're doing at Microvision, and it is the reason why I am so excited to be part of the Microvision team. So let's talk about Q3 and how it relates to the key issues we just covered. I'll start with our recent announcements at IAA Munich in September, where we introduced both MOVIA-S and our tri-lighter architecture. MOVIA-S is an industry-leading, ultra-wide field-of-view solid-state sensor. The MOVIA-S 180-degree field-of-view sensor we demonstrated at EAA is the first of a full family of short-range sensors for the automotive, industrial, and defense sectors. It is easily configurable and can deliver full perception and advanced slider-based driver assistance features, such as microvision's localization and collision avoidance functions, or simply provide a clean point cloud. It is the right product at the right time, delivering performance at a breakthrough cost level, enabled by its solid-state design, and Mic...