Pico Projector News, Resources & Information

Pico-Projector Info is the web's leading resource on Pico Projectors. These projectors are small enough to be embedded in mobile phones and other devices, and are becoming more and more popular. Our site brings you daily news, projector resources, a buying guide and more!

Microvision entered into a $6 million at-the-market equity offering agreement

Microvision new logoMicrovision has entered into a $6 million At-the-Market (ATM) equity offering agreement with Meyers Associates (also known as BP Capital). Under this agreement, Microvision may (from time to time, at its discretion) offer and sell shares of its common stock having an aggregate value of up to $6 million through BP Capital.

Microvision recently reported their financial results for Q1 2015 - with revenues was $0.9 million, net loss of 4 million - and a positive cash flow of $5.1 million (which includes Sony's $8 million upfront license payment). Backlog is $18.7 million and cash and cash equivalents were $16.7 million.

Microvision reports Q1 2015 results

Microvision new logoMicrovision reported their financial results for Q1 2015. Revenue was $0.9 million (down from $1.2 million a year ago), operating loss (and net loss) was $4 million. Microvision had a positive cash flow of $5.1 million (which includes Sony's $8 million upfront license payment).

As of March 31, 2015, backlog was $18.7 million and cash and cash equivalents were $16.7 million. The company recently recieved a large ($8 million) license payment with Sony (as stated above) and Sony also ordered components worth $14.5 million last month. Two consumer products with MicroVision's modules launched in early 2015.

Best selling pico-projector update (May 2015)

Here's our monthly best-selling pico-projectors list for the beginning of May 2015. We're using data from Amazon.com, which seems to be selling the most wide range of pico projectors. This list does not include embedded modules in mobile phones or cameras.

  1. RIF6 CUBE DLP Pico
  2. Aaxa P1 ($115)
  3. Celluon PicoPro ($349)
  4. Asus S1 LED ($282)
  5. Ivation HDMI pico projector ($299)
  6. Aaxa P300 ($399)
  7. Aaxa P3X ($219)
  8. Aaxa P4X ($284)
  9. Brookstone HDMI pocket projector ($299)
  10. Brookstone Pocket Projector Slim ($139)

Intel acquires Lemoptix for an undisclosed sum

Lemoptix logoSwizterland's Lemoptix was acquired by Intel, for an undisclosed sum. The Switzerland-based company was established in 2008 as a spin-off from the Swiss Federal Institute of Technology (EPFL). Lemoptix developes laser-beam-scanning (LBS) pico projector modules.

Lemoptix demonstrated their first prototype in 2010. In 2013 the company unveiled their second-gen HUD prototype - with a resolution of 1024x240 and a viewing size of 50x12 cm at a 2.25 meter distance.

MicroVision raises $2.5 million from exercise of warrants

Microvision new logoMicrovision announced that it raises $2.5 million from the exercise of previously issued and outstanding warrants to purchase an aggregate of 1,175,000 shares of common stock of the company.

Microvision reported some good news latetly -  The company recieved a large ($8 million) license payment with Sony, and Sony also ordered components worth $14.5 million last month. Two consumer products with MicroVision's modules launched in early 2015. All-in-all, Microvision expects 2015 to be a "transformational year".

New crowd-funding campaigns aim to develop an interactive kids-oriented pico projector

Lumo is a new crowd-funding campaign that aims to raise $70,000 to develop a children-oriented interactive pico projector. Lumi is motion-reactive, and can be used in homes, museums and schools as an interactive toy. Lumo already raised over $45,000 with 19 days left in the campaign so it's likely they will meet their goal.

Technically, Lumo is powered by a WVGA (854x480) 100-lumens DLP pico projector. It uses Android OS with a 1.6 Ghz quad-core CPU and includes 8-Gb of internal storage, Wi-Fi, Bluetooth and an HDMI input.

Best selling pico-projector update (April 2015)

Here's our monthly best-selling pico-projectors list for the beginning of April 2015. We're using data from Amazon.com, which seems to be selling the most wide range of pico projectors. This list does not include embedded modules in mobile phones or cameras.

  1. Aaxa P1 ($115)
  2. Ivation HDMI pico projector ($349.95)
  3. Brookstone HDMI pocket projector ($299)
  4. Aaxa P4X ($324)
  5. Aaxa P300 ($399)
  6. Aaxa P2 Jr. ($184)
  7. General Imaging PJ205 ($60)
  8. Celluon PicoPro ($349)
  9. Aaxa P3 ($199)
  10. Brookstone Pocket Projector Slim ($129)

Copyright 2009-2015 Metalgrass software | Privacy Policy