MicroVision, Inc. (MVIS) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.416 related to system architecture and the move to satellite sensors. 00:00:04.416 -- 00:00:08.320 We started this in automotive roughly 15 years ago with the introduction of satellite 00:00:08.320 -- 00:00:13.485 radar and camera sensors, working with a central ADAS domain controller. 00:00:13.485 -- 00:00:18.550 This approach breaks down the perception challenge and simplifies the individual sensors, 00:00:18.550 -- 00:00:23.495 delivering the highest level of performance at the lowest total system cost. 00:00:23.495 -- 00:00:29.140 The third is to further simplify and reduce the cost of the hardware through software. 00:00:29.140 -- 00:00:33.305 We'll talk more about this in future calls, but solving the perception and the processing 00:00:33.305 -- 00:00:38.531 challenges in software enables the further optimization of the hardware, 00:00:38.531 -- 00:00:42.233 again, resulting in lower total costs. 00:00:42.356 -- 00:00:46.861 These are the steps to mass adoption, and if they sound familiar, it is because this 00:00:46.861 -- 00:00:52.027 is exactly what has been done for vision, radar, and other sensing modalities. 00:00:52.027 -- 00:00:56.353 And this is exactly what we're doing at Microvision, and it is the reason why I am so 00:00:56.353 -- 00:00:59.819 excited to be part of the Microvision team. 00:00:59.819 -- 00:01:04.507 So let's talk about Q3 and how it relates to the key issues we just covered. 00:01:04.507 -- 00:01:09.595 I'll start with our recent announcements at IAA Munich in September, 00:01:09.595 -- 00:01:14.600 where we introduced both MOVIA-S and our tri-lighter architecture. 00:01:14.804 -- 00:01:20.374 MOVIA-S is an industry-leading, ultra-wide field-of-view solid-state sensor. 00:01:20.374 -- 00:01:22.818 The...