ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Markets/EquitiesArticle

MicroVision secures multi-thousand unit IRIS lidar sensor orders

Orders for thousands of IRIS long-range lidar sensors span industrial, security and defense applications, with customer migration to HALO platform slated for 2027-2028.

PA
Priya Anand · Equities & Earnings Desk · 25 Aug 2026 · 08:49 · 1 min read
Share
MicroVision secures multi-thousand unit IRIS lidar sensor orders

MicroVision Inc. has secured initial and repeat purchase orders for thousands of IRIS long-range lidar sensors, with immediate inventory available to fulfill demand.

The orders, spanning North America and Europe, target industrial, security and defense applications, marking an expansion beyond the company’s traditional automotive focus. Glen DeVos, chief executive officer, said the agreements reflect a shift from evaluation to deployment and scale.

Customers are expected to begin migrating to MicroVision’s next-generation HALO lidar platform between late 2027 and 2028. The HALO platform supports applications including off-road autonomy, space systems, material handling, robotics and intelligent systems operating in complex environments.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Share this story
PA
Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

More from Priya Anand →
ADVERTISEMENT
ADVERTISEMENT