Microvision Inc (MVIS)

[Slojab]

Those are some mighty big names to be in the same sentence with.

And these automakers' ambitious plans aren't possible without companies like MicroVision (MVIS). MicroVision is one of the industry's leaders in LIDAR technology, the tech that helps autonomous vehicles "see" when driving. The technology will be a main driver in the adoption of the next auto-revolution, and MicroVision is already pushing the tech to the next level. In fact, MicroVision is already seeing major success with its own long-range lidar sensors, which could be available within months.

"We expect the capability of our LRL Sensor to meet or exceed OEM requirements, based on technology we have scaled multiple times over the last decade, as being a very strong strategic advantage," Sumit Shama, CEO of MicroVision explained, adding "Additionally, our sensor being designed on scalable silicon wafer and laser diode technologies will be capable of achieving scale at costs below $1,000 ASP, a key price point expected for commercial success."

MicroVision's share price has seen a lot of interest since the beginning of the year, rising from just $5.21 on the first day of trading in 2021 to today's price of $17.45, representing a return of 250% in just a few months. And this could just be the beginning for shareholders in this company. Buyout rumors are already circulating as the company prepares to launch its most exciting development yet