MicroVision (MVIS) Investor presentation summary

Industry evolution and market dynamics

• Lidar industry has shifted from technology validation (Lidar 1.0) to value-driven solutions (Lidar 2.0), emphasizing cost efficiency, diversified revenue, and software differentiation.

• Over half of lidar companies exited the market in the past decade, with fewer than 20 expected to remain by 2026.

• The total addressable market is projected at $40B, growing 25% annually, driven by adoption across automotive, industrial, and security/defense sectors.

Portfolio, technology, and software

• Comprehensive portfolio covers short, long, and ultra-long range sensing, supporting multiple verticals.

• Open software framework and AI-enabled point cloud/perception simplify integration and reduce costs.

• Software-driven approach enables cost-efficient, solid-state lidar for industrial, automotive, and defense applications.

End markets and applications

• Solutions address industrial automation, security/defense, and automotive, each with tailored hardware and software for specific needs.

• Industrial offerings feature rugged, solid-state designs and onboard perception for turnkey or customizable use.

• Security/defense solutions provide compact, real-time mapping and autonomous navigation for drones and unmanned vehicles.

• Automotive solutions focus on cost efficiency, seamless integration, and customizable ADAS features.