MicroVision Expands MOVIA L Sensor Production Capacity

MicroVision, Inc. has announced an increase in production capacity for its MOVIA L sensor, aiming to meet the expected demand from the industrial sector. This expansion is supported by the company's ongoing partnership with a Tier 1 automotive manufacturer, ZF. The output of the MOVIA L sensors in 2025 is expected to be significantly higher than in 2024. This acceleration in production is projected to lower the average cost per sensor while maintaining high quality standards for industrial use.

CEO Sumit Sharma emphasized the importance of scaling production to support large orders from industrial clients. He highlighted the cost benefits achieved through this expansion and praised the collaboration with ZF to deliver quality sensors. This development positions MicroVision to capture market opportunities in the industrial segment.