MicroVision (NasdaqGM:MVIS) Fireside chat February 25, 2026 10:00 AM ET Company ParticipantsGlen De Vos - CEOHans-Werner Kaas - Senior Partner EmeritusJeff Herbst - Independent Director on the Board of DirectorsNone - Video NarratorJeff HerbstGood morning, and thank you for joining today's webinar featuring Hans-Werner Kaas and Glen De Vos. We're especially honored to have Hans-Werner Kaas serve as our fireside host today. Hans-Werner is a McKinsey & Company Senior Partner Emeritus, where he was the co-foun ...

MicroVision Business Update and Fireside Chat on February 25, 2026 ELEMENT--[Back to the Newsroom]# MicroVision Business Update and Fireside Chat on February 25, 2026REDMOND, WA / [ACCESS Newswire]/ February 24, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced a video-enabled business update and fireside chat on February 25, 2026 at 10:00 AM ET with Glen DeVos, MicroVision's Chief Executive Officer.Having complete ...

Just over five years ago, Luminar was seen as a leading developer of long-range lidar technology. In March 2020, Volvo Cars signed a framework purchase agreement with Luminar that officially designated the company as the sole provider of lidar technology for the automaker’s next-generation global vehicle platform. The deal helped Luminar gain the confidence of investors leading up to its high-profile November 2020 IPO.In addition to competition from China, the mass-market deployment of autonomous driving in ...

PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced that it will release its 2025 fourth quarter and full year financial results, after market close on Monday, March 16, 2026. A conference call and webcast will be held on the same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). During the call, AEye CEO Matt Fisch and CFO Conor Tierney will review the company's financial results and provi. ...

Group 1 - The company expects a significant reduction in net loss attributable to shareholders for 2025, projected to be no more than 180 million yuan, compared to an estimated net loss of approximately 481.8 million yuan for 2024 [1] - The improvement in the estimated loss is primarily due to the continued growth in sales of lidar products in the fiscal year 2025, as well as net gains from financial assets measured at fair value [1] - The company anticipates achieving a quarterly net profit of no less than 60 million yuan in the fourth quarter of fiscal year 2025 [1]

Core Viewpoint - Hesai Technology (NASDAQ: HSAI; HKEX: 2525) has announced a strategic partnership with Grab (NASDAQ: GRAB) to enhance the supply and application of LiDAR technology in Southeast Asia, aiming to meet the growing demand for AI-driven automation across various industries [2][3]. Group 1: Partnership Details - Grab will serve as the exclusive distributor of Hesai's LiDAR products in Southeast Asia, responsible for sales, customer support, and marketing [2]. - This collaboration aims to leverage Grab's extensive resources and established sales network to improve the accessibility and efficiency of high-quality LiDAR sensors for Southeast Asian customers [2][3]. Group 2: Market Demand and Applications - Deloitte Southeast Asia predicts an unprecedented surge in demand for AI-driven automation in sectors such as manufacturing, transportation, and logistics, leading to a transition from early validation to large-scale commercial deployment of LiDAR technology [2]. - The partnership is expected to facilitate the integration of advanced LiDAR technology into various applications, including robotics and autonomous driving systems, thereby enhancing operational capabilities in complex urban environments [3][5]. Group 3: Production Capacity and Future Plans - To meet the increasing demand for LiDAR, Hesai plans to double its annual production capacity from 2 million units in 2025 to 4 million units by 2026 [7]. - The construction of Hesai's new factory, "Galileo," in Bangkok, Thailand, is progressing steadily and is expected to commence production in early 2027, further supporting future business growth [7]. Group 4: Leadership Insights - Grab's CEO, Anthony Tan, emphasized that this partnership will not only enhance Grab's capabilities in autonomous driving and high-precision mapping but also enable robots to perceive their surroundings effectively [5]. - Hesai's CEO, Li Yifan, highlighted the strong demand for robotics in manufacturing, logistics, and service sectors in Southeast Asia, indicating that the partnership will accelerate the deployment of LiDAR technology in these applications [5][8].

Core Viewpoint - Hesai Technology has announced a strategic partnership with Southeast Asian ride-hailing giant Grab, making Grab the exclusive distributor of Hesai's lidar products in the region [1] Group 1: Partnership Details - Grab will be responsible for sales, customer support, and marketing of Hesai's lidar products in Southeast Asia [1] - This collaboration aims to facilitate easier access to lidar technology for customers in Southeast Asia [1] Group 2: Application and Impact - The lidar technology will be applicable in various industry scenarios, including robotic solutions and autonomous driving systems [1]

Core Insights - Luminar's lidar business faced a last-minute bid that exceeded the leading offer of $33 million from MicroVision, but Luminar chose to proceed with MicroVision's bid due to "infirmities" in the new offer [1][2] Group 1: Sale Process and Bids - An unidentified party submitted a bid just before a bankruptcy hearing, which was significantly higher than the $33 million bid from MicroVision [1] - Luminar's legal counsel indicated that the last-minute bid had issues, leading the company to stick with MicroVision's offer [2] - The identity of the last-minute bidder was not disclosed, but it was suggested to be an "insider purchaser," likely Austin Russell, Luminar's founder [2][3] Group 2: MicroVision's Acquisition - The sale of Luminar's lidar technology and remaining staff to MicroVision was approved, with the transaction expected to close in the coming weeks [3][6] - MicroVision aims to leverage Luminar's lidar technology to enhance its automotive capabilities, which it currently lacks [6][8] - MicroVision's CEO expressed optimism about reviving Luminar's existing contracts with automakers, viewing them as potential revenue opportunities [9][10] Group 3: Competitive Landscape - MicroVision is positioned to expand beyond its current markets of industrial use, security, and defense by integrating Luminar's technology [8] - The acquisition is seen as a strategic move to enhance MicroVision's engineering capabilities and competitiveness in the automotive sector [9]

Core Insights - Luminar's lidar business received a higher bid of $33 million from MicroVision, surpassing the previous bid of $28 million from Quantum Computing Inc. [1] - MicroVision aims to acquire intellectual property, inventory, engineering talent, and commercial contracts related to its lidar sensors, indicating a strategic move to enhance its position in the lidar market [1]. - The sale is pending approval from the bankruptcy court, with a hearing scheduled for Tuesday afternoon [1]. Company Developments - Austin Russell, Luminar's founder and former CEO, has not confirmed whether he submitted a bid for the lidar assets during the bankruptcy process [2]. - Russell's previous attempts to acquire Luminar outright and his ongoing legal disputes with the company highlight the complexities surrounding the bankruptcy case [3]. - A protective order regarding Russell's personal information was established, allowing him to comply with a subpoena related to his resignation and the ongoing legal matters [4]. Industry Context - MicroVision's CEO emphasized the need for consolidation in the lidar market, suggesting that the industry is poised for significant changes and increased safety through advanced technology [1]. - The acquisition of Luminar's lidar assets could expedite the resolution of Luminar's bankruptcy case, which has been ongoing since December [4]. - The sale of Luminar's semiconductor division to Quantum Computing Inc. for $110 million indicates ongoing restructuring efforts within the company [4].

Core Viewpoint - Luminar's lidar business has attracted a higher bid of $33 million from MicroVision, surpassing the previous bid of $22 million from Quantum Computing Inc. as the auction concludes in the company's bankruptcy case [1][2]. Group 1: Bidding Process - MicroVision's bid of $33 million exceeds Quantum Computing Inc.'s latest bid of $28 million, which was initially $22 million [2]. - The sale of Luminar's lidar business is pending approval from the judge overseeing the bankruptcy case, with a hearing scheduled for Tuesday afternoon [2]. Group 2: Company Background and Legal Issues - It remains uncertain whether Luminar's founder and former CEO Austin Russell submitted a bid for the lidar assets, although he had previously expressed interest [3]. - Russell and Luminar have been involved in legal disputes regarding a subpoena, with the company considering legal action against him related to his resignation following an ethics inquiry [4]. - Russell has agreed to comply with the subpoena, and a protective order regarding his personal information has been established [5]. Group 3: Bankruptcy Case Progress - The potential sale of the lidar assets could expedite the resolution of Luminar's bankruptcy case, which was filed in December [5]. - Luminar has already reached an agreement to sell its semiconductor division to Quantum Computing Inc. for $110 million [5].