Microvision MVIS Stock News

MicroVision, Inc. (NASDAQ: MVIS) is running for the top in the market this morning. However, if you’re looking for a press release, you’re not going to find anything. The gains seem to be the result of two new videos the company posted on its YouTube channel. Here’s what’s going on:

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MVIS Stock Gains On YouTube Video Pupblications

As mentioned above, MicroVision is climbing in the market this morning, but the company hasn’t issued a press release. Instead, the gains seem to be the result of the company’s publication of two new YouTube Videos.

Here’s the first video:

In the first video, the company outlines its automotive lidar technology. The technology was designed to enable active ADAS systems as well as provide for the advancement of L4 ADAS systems.

In the video, MVIS explains that its lidar technology scans 20+ million points per second at 30 Hz. It can also see for more than 200 meters in full sunlight. Moreover, the system can see three different fields of view including near, mid and far field vision, all acting continuously.

Here’s the second video:

In the second video, MVIS provided information with regard to its augmented reality micro-display module technology. The video outlines the fact that using the company’s existing Gen3 MEMS, its AR micro-display can enable a true mass market AR product in a contemporary fashion device.

Gearing Up For A Takeover

While the chatter surrounding a potential takeover of MicroVision has slowed on message boards, it’s important to remember that the potential is still there.

A few months ago, the company announced that it is exploring strategic alternatives, including the potential sale of part or all of the comapny. At the same time, there are several reasons that Microsoft ay want to take the company over. To find out more about the potential coming takeover, click here.

The Bottom Line

The bottom line here is simple, there’s plenty of reasons to be excited about MicroVision stock. First and foremost, the potential for a merger or acquisition is pretty high here. The company’s technology is very important to Microsoft, a comapny that could acquire MVIS in the blink of an eye.

However, beyond a potential acquisition, innovation at the company continues, as can be seen from the two videos that were published early this morning. Considering that, MVIS stock is one to watch very closely!

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