MicroVision Receives $4M Order from Pioneer
REDMOND, Wash., June 4, 2012 — Ultraminiature projection display technology maker MicroVision Inc. received purchase orders from Pioneer Corp. in excess of $4 million, the company announced.
The purchase order is for microelectromechanical systems (MEMS) and electronics, which are part of MicroVision’s patented next-generation HD PicoP display technology based on direct green lasers (PicoP Gen2). Pioneer intends to integrate these key components into its Cyber Navi car navigation system.
Pioneer is MicroVision’s first customer under its Image by PicoP ingredient brand business model. (See: Pioneer to Produce PicoP Display Engines for MicroVision) The Cyber Navi head-up display (HUD) is the first commercial product based on MicroVision’s PicoP Gen2 display technology.
The company has already begun shipping components to Pioneer for its HUD, which is expected to launch in Japan in July. The Cyber Navi is the first HUD to project augmented reality information in front of the wide screen and is the first onboard HUD to use lasers.
Pioneer’s device will combine the MEMs and electronics it receives from MicroVision with red, blue and direct green lasers to create optical engines based on the PicoP reference design. The display technology embedded in the HUD will deliver clear, bright, full-color images viewable in daylight in a small form factor at low power.
For more information, visit: www.microvision.com