MicroVision reaches $1.5 million Q2 revenue and signs autonomous-hauling agreement
MicroVision reported Q2 revenue of $1.5 million and signed a long-term development agreement to integrate IRIS lidar into next-generation autonomous hauling vehicles.
Evidence notes
- Revenue increased from $0.2 million a year earlier, while expected 2026 cash burn improved to approximately $60 million.
- The unnamed construction and mining OEM will use IRIS as a development bridge toward MicroVision’s HALO lidar architecture.
- The agreement expands MicroVision’s lidar work beyond road vehicles into heavy autonomous equipment for construction and mining.
Company context
Develops LiDAR sensors and perception technologies for automotive and autonomous systems, with a focus on solid-state lidar for ADAS and mobility applications.