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!
Pico Projector News - Page 1
Microvision announced that is is set to raise $13 million in a new underwritten public offering. The sole underwriter for this offering is Ladenburg Thalmann & Co. Inc.
The new proceeds is expected to be around $11.8 million, which will be used for general corporate purposes. The offering is expected to close on or about December 14, 2016. Last month Microvision announced it had $5.8 million in cash and equivalents.
Here's our monthly best-selling pico-projectors list for the beginning of December 2016. 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.
Taiwan's ITRI research institute developed a new heads-up display fo rautomotive applications, based on a laser pico projector module. The so called Long-Distance Floating Multi-Screen HUD integrates the LBS pico projector with a beamsplitter to create three individual images that are reflected on a microlens array diffuser in the driver's line of sight.
The projector provides a resolution of 2000x360, which translates into three 720p images. The final display appears to be a 26-inch wide display at a distance of about 2 meters in front of the driver. ITRI estimates that such a display could cost around $660 in the future.
Microvision announced that it has signed a license agreement for its LBS technology with a Taiwanese ODM. Under the agreement, MicroVision would receive a royalty payment from for each LBS engine the ODM sells.
This agreement is related to MicroVision’s recently announced co-marketing relationship with STMicroelectronics.
Microvision and STMicroelectronics (STM) have announced that they plan co-develop, sell and market laser beam scanning (LBS) technologies. The companies already target the pico projectors and HUD markets, but this new collaboration will also target new emerging applications including VR and AR, 3D sensing and Advanced Driver Assistance Systems (ADAS).
Microvision also reveals that the two companies have an existing working relationship on production of MicroVision components. STM manufactures MicroVision’s current-generation MEMS die based on MicroVision’s design and also manufactures one of the ASICs sold by MicroVision.
Microvision announced its financial results for Q3 2016. Revenues was $4 million (up from $2.4 million in Q3 2015), while net loss was $4.1 million - up from $3.5 million in Q3 2015. Cash used in operations was $3.8 million, and backlog as of September 30 was $2.3 million (out of which $1.4 million are expected to be fullfilled in Q4 2016). Microvision had $5.8 million in cash and equivalents at the end of the quarter.
Mcrovision says it made significant progress to advances its technology for light detection and ranging (LiDAR) 3D sensing and AR applications. The company signed two development agreements with "world-leading" technology companies. The combined value of these contracts is almost $1 million and both will be completed by the end of 2017. Microvision will deliver proof-of-concept demonstrators - one for 3D sensing for driver assistance and autonomous vehicles, and the second for AR display.
Here's our monthly best-selling pico-projectors list for the beginning of November 2016. 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.