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MicroVision Reports 2011 Results, 2012 Strategy

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REDMOND, Wash., March 9, 2012 — Projection display technology provider MicroVision Inc. announced its 2011 operating and financial results and 2012 business objectives. The company reported 19 percent growth revenue and a 40 percent reduction in cash used in operations for 2011, and will launch design sample shipments of its next-generation PicoP display engine in early 2012. “MicroVision heads into 2102 with a focused strategy for delivering the world’s first HD pico display solution,” said president and CEO Alexander Tokman. “With the significant progress we made last year and the...Read full article

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    Published: March 2012
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    Alexander TokmanAmericasBusinessConsumerDisplaysfinancial report fiscal year 2011HUD productsindustrialMicroVisionphotonicsPicoP displaysPicoP Gen2 display enginePioneer Corp.WashingtonLasers

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