Monorepo for Aesthetic.Computer
aesthetic.computer
microvision: add MVIS reverse chronology, platter, and takeover potential report
- 16 markdown entries spanning 2015-2026 compiled from email archive
- platter.html (patterned after papers platter) with search, theme toggle
- LaTeX report (report.tex + report.pdf) with colored sections, clickable sources
- AIM Intelligent Machines takeover theory, Grok blind valuation, latest news timeline
Co-Authored-By: Claude Opus 4.6 (1M context) <noreply@anthropic.com>
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+11
microvision/2015-06-09-why-microvision-peter.md
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microvision/2015-06-09-why-microvision-peter.md
···
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# Peter's Blog: "Why MicroVision? Because THIS."
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**Date:** 2015-06-09
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**From:** Roger Collamati → Walt Scudder → Jeffrey
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**Subject:** Fw: Why MicroVision?
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The earliest entry in the archive. Roger forwarded Peter's blog post arguing that consumer demand for bigger smartphone screens would be solved by MicroVision's PicoP projection technology.
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> "Everyone wants (and consumers DEMAND) bigger smartphone screens. MicroVision's PicoP technology makes a HUGE screen (bigger than most people's television..."
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This is the founding thesis — projection as the future of display — that would evolve through interactive displays, HoloLens, LiDAR, and eventually defense tech over the next decade.
+17
microvision/2015-07-27-roger-why-microvision.md
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microvision/2015-07-27-roger-why-microvision.md
···
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# Roger Collamati: "Why MicroVision?"
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**Date:** 2015-07-27
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**From:** Roger Collamati → (15-person distribution list) → Walt → Jeffrey
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**Subject:** Fwd: MicroVision
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Roger sent his investment thesis to the full circle: "Why this company will be the next big investment to have."
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Linked to an article about the paradigm shift from atoms to bits via pico projectors.
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## Roger's Distribution List
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Emile Gareau, David Zazza, Daniel Luther, Rich Gaskill, Paul McGovern, Waryam, Walt Scudder, P427, Peter Lounsbury, Derek Collamati, Melissa Collamati, Jeffrey Milne, Craig McCloskey, Trevor McGlynn, Phil Lacivita.
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## Context
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This is the earliest email in the archive showing Roger as the social hub of the MVIS investor group. Walt forwarded it to Jeffrey with: "What do you think??"
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MVIS was trading around **$3.40** at this time.
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microvision/2016-01-06-ces-2016.md
+17
microvision/2016-01-06-ces-2016.md
···
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# CES 2016: Sony MPCL1 + Ford HUD
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**Date:** 2016-01-06
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**From:** Walt Scudder → Roger Collamati
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**Subject:** MVIS - CES
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Walt's CES preview. He and Tricia gave Jeffrey a Sony MPCL1 pico projector (using MicroVision engine) for Christmas 2015.
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## Products at CES Using MVIS Tech
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- **Sony MPCL1** — pico projector prominently displayed in Sony's exhibit
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- **Celluon PicoPro & PicoAir** — smartphone-sized portable projectors ($299–$450)
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- **Ford HUD** — heads-up display partnership with MicroVision
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> "Don't know if MVIS will get any wide coverage at CES in next few days — I still think they are bound by non disclosure agreements from revealing who they are working with."
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## Significance
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MVIS tech was present at CES through partners (Sony, Celluon, Ford) even though MicroVision itself didn't have a prominent booth — the "embedded everywhere, named nowhere" pattern that would define the next decade.
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microvision/2016-03-08-q4-cc-baseball-analogy.md
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microvision/2016-03-08-q4-cc-baseball-analogy.md
···
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# Q4 Conference Call: "Bottom of the First Inning"
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**Date:** 2016-03-08
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**From:** Walt Scudder → Jeffrey Alan Scudder
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**Subject:** MVIS - FYI
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Walt's detailed analysis after the Q4 2015 conference call.
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## Baseball Analogy
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> "I sorta look at this like a baseball game — it's the bottom of the first inning and MVIS has a runner (Sharp) on first and another runner (Sony) on second with no outs."
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## Key Developments Tracked
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- **Sharp Robohon** — robot/phone with MVIS laser projector, launching Q2-3 2016
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- **Sony Xperia Agent** — smart device with MVIS laser projector
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- **Foxconn buying Sharp** — implications for scale manufacturing
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- **Sony building new smartphone factory** — first in 20 years
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- **Short interest at ~18%** — Walt believed this suppressed the post-CC price
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## Walt's Thesis
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> "Sony, Sharp and Foxconn are major players in these markets — and the fact that they are building these plants and also incorporating MVIS laser projector technology into their products tells me that they foresee a big demand for these types of new products in the next decade."
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microvision/2017-03-23-rdi-report-apple-stm.md
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microvision/2017-03-23-rdi-report-apple-stm.md
···
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# RDI Bullish Report + Apple/STM Rumors
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**Date:** 2017-03-23
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**From:** Walt Scudder → Roger Collamati
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**Subject:** RDI report on MVIS
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Walt shared a bullish analyst report from RDI with Roger.
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> "Very bullish report — If rumors about STM having large order from Apple for a 3D sensor that includes Microvision's product and/or technology prove true — this stock could be a real winner."
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## Link
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- [Peter's MVIS Blog](http://petersmvis.blogspot.com/)
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microvision/2017-07-26-voga-v-phone.md
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microvision/2017-07-26-voga-v-phone.md
···
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# VOGA V Phone Review (MVIS Engine Inside)
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**Date:** 2017-07-26
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**From:** Walt Scudder → Jeffrey Alan Scudder
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**Subject:** MVIS - review of VOGA V phone
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> "Great writeup — I think this phone with the MVIS engine will become very popular in China."
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The VOGA V was a Chinese smartphone with a built-in MicroVision laser projector.
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## Link
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- [Peter's blog: VOGA V Review](http://petersmvis.blogspot.com/2017/07/voga-v-review.html#links)
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microvision/2018-08-02-roger-q2-cc-blog.md
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microvision/2018-08-02-roger-q2-cc-blog.md
···
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# Roger Collamati: MicroVision Q2 CC & Blog Analysis
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**Date:** 2018-08-02
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**From:** Roger Collamati → Walt Scudder → Jeffrey Alan Scudder
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**Subject:** Fwd: MicroVision 2nd Qtr CC and blog
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Roger forwarded Peter's blog analysis of the Q2 conference call with the note: "Things are progressing. Hang in there."
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Walt added his own analysis:
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> "Pretty much sums up how I see things progressing at MVIS. Looks like 2019 will be when you will see significant products announced by the companies MVIS has been working with. It's going to be an extremely competitive market and the reason why MVIS cannot say anything about who or what they are working on."
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> "I personally think two of the big ones MVIS has been working with are MSFT and AMZN."
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## Key Players in Walt's Circle
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Roger Collamati is the hub of a ~15-person MVIS investor group who share research via email blasts.
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microvision/2019-03-10-pps-calculations.md
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microvision/2019-03-10-pps-calculations.md
···
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# MicroVision Future PPS Calculations
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**Date:** 2019-03-08 to 2019-03-10
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**From:** Walt Scudder → Bob Zawistowski → Chad Zawistowski (forwarded to Jeffrey)
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**Subject:** MicroVision's future PPS calculations
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Walt and a friend built a back-of-envelope PPS model and shared it with Bob Zawistowski, whose son Chad provided skeptical counteranalysis.
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## Walt's Bull Case
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- **Assumed volume:** 1 billion units/year (IoT + LiDAR + HoloLens + smart speakers + smartphones)
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- **Profit margin:** 30–40% (per CFO Steve Holt's Q4 2018 CC guidance)
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- **PE ratio:** 14 (S&P 500 historical average)
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- **Royalty component:** ~20% of unit price at ~100% margin
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### Known Deals at the Time
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- $25.2M contract (suspected Microsoft HoloLens 2): $15.2M engineering + $10M components
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- $10M display-only exclusive license (suspected FoxConn)
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- LiDAR engineering samples shipping to interested customers
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## Chad Zawistowski's Bear Case
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- **Assumed volume:** 35 million units (comparable to Xbox Kinect)
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- **PE ratio:** 5
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- **Result:** $0.33 EPS, $1.70 share price (40% upside)
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- Called MVIS "a commodity part manufacturer" comparable to Micron, not Nvidia
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- Skeptical of motion-capture adoption based on Magic Leap and Kinect failures
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## Walt's Rebuttal
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- PE of 14 is more appropriate than 5
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- Royalty payments at ~100% margin not factored into Chad's model
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- Scale would drive down manufacturing costs significantly
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- Multiple Tier 1 customers (MSFT, Amazon, FoxConn) creates diversified revenue
+26
microvision/2020-05-09-trading-volume-explosion.md
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microvision/2020-05-09-trading-volume-explosion.md
···
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# Trading Volume Explosion Analysis
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**Date:** 2020-05-09
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**From:** Walt Scudder → Jeffrey Alan Scudder
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**Subject:** Microvision trading pattern comparison
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Walt built a spreadsheet comparing MVIS trading data between April 1–May 8 for 2019 vs 2020.
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## The Numbers
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| Period | Shares Traded | Transaction Dollars |
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|--------|--------------|-------------------|
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| Apr 1–May 8, 2019 | 14.9 million | $15.1 million |
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| Apr 1–May 6, 2020 | **842.2 million** | **$761.1 million** |
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| Difference | +827.4 million shares | +$746 million |
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### Last 6 Trading Days (Apr 29–May 6)
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| Period | Shares Traded | Transaction Dollars |
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|--------|--------------|-------------------|
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| Apr 29–May 8, 2019 | 3.6 million | $3.6 million |
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| Apr 29–May 6, 2020 | **687.6 million** | **$725 million** |
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MVIS float was ~130 million shares in 2020. In 6 trading days, volume was **5x the entire float**.
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> "I am at a loss to comprehend what drove this — but my gut feel tells me something big is going on."
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microvision/2020-07-26-apple-stm-blog-post.md
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microvision/2020-07-26-apple-stm-blog-post.md
···
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# Apple / STM / MVIS Blog Post
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**Date:** 2020-07-26
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**From:** Walt Scudder → Jeffrey Alan Scudder
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**Subject:** MVIS BLOG POST
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Walt sent a document (`Apple_STM_MVIS.docx`) for review — likely analysis connecting Apple, STMicroelectronics, and MicroVision technology. Jeffrey responded: "Looks good!"
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microvision/2021-11-17-td-ameritrade-rebuy.md
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microvision/2021-11-17-td-ameritrade-rebuy.md
···
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# TD Ameritrade Account Review — Buy Back Recommendation
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**Date:** 2021-11-17
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**From:** Walt Scudder → Jeffrey Alan Scudder
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**Subject:** Your TD Ameritrade acct- MVIS
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Walt reviewed Jeffrey's trading history and recommended buying back sold shares at lower prices.
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## Numbers
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- Jeffrey sold 1,100 shares in 2021 at avg $13.54/share = **$14,894.09 total**
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- Cost basis for sold shares: $682.98
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- Taxable long-term gain: **$14,211.11**
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- MVIS closing price that day: **$8.62**
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- Rebuy cost at $8.62: ~$9,482 (saving $5,412 vs sale price)
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- Available cash in account: $7,755.97
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## Walt's Projection
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> "Purchase 1100 shares at $9.00/share = $9,900. Wait till PPS hits $40/share and sell for $44,000. That's a $34,100 profit."
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> "I am convinced that there will be some major announcements coming about Microvision that will drive the PPS to new highs."
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microvision/2024-03-17-lidar-spreadsheet-v1.md
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microvision/2024-03-17-lidar-spreadsheet-v1.md
···
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# MVIS Lidar Spreadsheet Analysis v1
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**Date:** 2024-03-17 to 2024-03-20
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**From:** Walter Scudder → Jeffrey Alan Scudder
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Walt created an interactive spreadsheet where highlighted cells are user-adjustable variables. Users input their own assumptions and the spreadsheet calculates financial outcomes for various MicroVision scenarios.
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> "All the cells highlighted are variables where users can input their own ideas of what they think and it will do the calculations to produce the financial results of whatever scenarios they personally feel will happen."
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Also shared via Google Sheets: "MVIS Spreadsheet Analysis"
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## Attachments
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- `MVIS Lidar Spreadsheet Analysis.xlsx`
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- `MVIS Analysis.pdf`
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microvision/2024-10-09-lidar-spreadsheet-v2.md
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microvision/2024-10-09-lidar-spreadsheet-v2.md
···
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# MVIS Lidar Spreadsheet Analysis v2 (Autos + Industrial Robots)
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**Date:** 2024-10-09
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**From:** Walter Scudder → Jeffrey Alan Scudder
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**Subject:** spreadsheet for MVIS blog files
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Updated version of Walt's interactive spreadsheet analysis, now expanded to include automotive AND industrial robotics applications. Included a companion document: "Why did I create this.docx"
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## Attachments
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- `MVIS Lidar Spreadsheet Analysis including autos and industrial robots.xlsx`
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- `Why did I create this.docx`
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## Hosted Version
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Jeffrey converted and hosted the spreadsheet at:
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- [MVIS Spreadsheet (HTML)](https://assets.aesthetic.computer/mvis/fall-2024/spreadsheet.html)
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Walt shared this URL on Reddit for the MVIS community.
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microvision/2025-04-05-anduril-zf-nvidia-pdf.md
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microvision/2025-04-05-anduril-zf-nvidia-pdf.md
···
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# CoPilot Discussion: MicroVision + Anduril, ZF, NVIDIA
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**Date:** 2025-04-05
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**From:** Walter Scudder → Jeffrey Alan Scudder
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**Subject:** Can you put this file on your server and send me the link that MVIS blog members can download it?
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Walt sent a CoPilot-generated PDF analyzing MicroVision's collaborations with Anduril (defense), ZF (automotive Tier 1), and NVIDIA (compute/AI). Jeffrey hosted it on aesthetic.computer for the MVIS blog community.
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## Hosted File
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- [2025 CoPilot discussion on MicroVision's collaboration with Anduril, ZF and NVIDIA](https://assets.aesthetic.computer/mvis/2025%20CoPilot%20discussion%20on%20Mircrovision's%20collaboration%20with%20Anduril,%20ZF%20and%20NVIDIA.pdf)
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## Significance
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This marks MVIS's pivot into defense tech (Anduril) alongside the ongoing automotive LiDAR play (ZF) and AI/compute integration (NVIDIA). Walt wanted the file shareable with the r/MVIS Reddit and blog community.
+10
microvision/2025-07-11-retail-investor-day.md
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microvision/2025-07-11-retail-investor-day.md
···
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# MicroVision Retail Investor Day Town Hall
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**Date:** 2025-07-11
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**From:** Walter Scudder → Jeffrey Alan Scudder
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**Subject:** MicroVision Retail Investor Day Town Hall Session Available For Replay
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Walt shared the replay of MicroVision's Retail Investor Day Town Hall session.
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## Link
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- [Reddit replay thread](https://www.reddit.com/r/MVIS/s/WmFLRqzNTF)
+60
microvision/2026-03-20-aim-takeover-theory.md
+60
microvision/2026-03-20-aim-takeover-theory.md
···
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# AIM Intelligent Machines Takeover Theory
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**Date:** 2026-03-20
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**Source:** Walter Scudder (via Jeffrey) — Walt believes AIM will take over MicroVision.
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**Signal:** AIM and MicroVision now share office space in the Seattle/Eastside area.
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## The Companies
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**AIM Intelligent Machines** (aim.vision)
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- Autonomous earthmoving: retrofits heavy equipment (excavators, dozers, trucks) to operate autonomously
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- HQ: Monroe, WA / offices at 2018 156th Ave NE, Bellevue, WA
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- Backed by DCVC (deep tech VC), holds defense contracts
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- Mission: "applying the power of AI and robotics to move earth at scale"
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**MicroVision** (MVIS)
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- MEMS-based LiDAR + laser beam scanning
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- HQ: 18390 NE 68th St, Redmond, WA (a few miles from AIM's Bellevue office)
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- Market cap: ~$190M at $0.61/share (March 2026)
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- Products: MAVIN (long-range), MOVIA (short/mid-range), NED laser projector
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- Recently acquired Luminar assets ($33M), raised $43M via convertible notes
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## Why the Fit Is Almost Too Clean
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AIM needs exactly what MVIS makes:
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- Compact, mass-producible, affordable LiDAR for harsh outdoor environments
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- Integration with existing heavy equipment drive systems (bolt-on)
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- Multi-machine autonomy (one operator, multiple machines)
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- Defense-grade sensing
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From the Grok blind valuation (same day):
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> "The LiDAR can also be used to assist in automating heavy equipment, allowing multiple machines to be operated by a single person."
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## Shared Office Signal
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If AIM and MicroVision are sharing office space, this goes beyond a partnership. Shared offices typically indicate:
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- Joint engineering / integration work
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- Pre-acquisition due diligence
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- Talent sharing or secondment
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- Deep product co-development
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## Acquisition Math
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- MVIS market cap: ~$190M
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- AIM backing: DCVC + defense contracts
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- MVIS just consolidated Luminar IP (Iris + Halo sensors) — an acquirer gets the combined portfolio
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- 62.7% retail ownership = no single institutional blocker, but shares are scattered and acquirable
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- NED licensing rights alone estimated at $200–500M (more than the entire current market cap)
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## Assessment
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**More credible than a decade of Microsoft/Amazon/Apple rumors.** Those were speculative ("mystery customer" theories). This has:
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1. Geographic co-location (now sharing offices)
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2. Perfect product-market fit (autonomous heavy equipment needs LiDAR)
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3. Overlapping defense angle (AIM defense contracts + MVIS/Anduril partnership)
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4. MVIS is priced like a distressed asset ($0.61)
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5. AIM has VC backing capable of facilitating a deal
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**Open question:** Does AIM (or its backers at DCVC) have the capital or appetite to acquire at the ~$190M+ level? Or is this more likely a deep partnership / licensing deal that could precede acquisition?
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Walt's read: AIM will take over MicroVision.
+49
microvision/2026-03-20-grok-valuation.md
+49
microvision/2026-03-20-grok-valuation.md
···
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# Grok Valuation Analysis (No MVIS Name Given)
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**Date:** 2026-03-20
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**Source:** Jeffrey Scudder → mail@aesthetic.computer ("mvia for dad")
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**Method:** Prompted Grok to assess a hypothetical company matching MVIS specs without naming MicroVision — avoiding biased press coverage per Peter's technique.
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## The Prompt
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Assess a company that:
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- Mass-produces a LiDAR unit the size of four candy bars
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- Detects moving vehicles at up to 300 feet
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- Produces HD time-of-flight depth data for ADAS
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- Sells at ~$250/unit; four units cover 360° around an automobile
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- Offers bolt-on forklift safety integration with existing drive systems
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- Enables heavy equipment automation (one operator, multiple machines)
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- Produces a miniature laser projector for AR glasses (low-power, HD, 3D, fits Ray-Bans)
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## Grok's Answer
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**Market Cap Estimate:** $2–5 billion (bull case: $5–10B by 2028)
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- **LiDAR (auto):** $1.2–1.9B market in 2025 → $9–25B by 2030–2035 (18–35% CAGR). 5–10% share = $500M–$2B annual revenue.
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- **LiDAR (industrial):** $3–8B market in 2025 → $6–13B by 2030. Bolt-on forklift + heavy equipment could add $200–500M revenue.
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- **AR Near-Eye Display:** $2.2B in 2025 → $6.7B by 2030 (25% CAGR). Consumer AR glasses: <1M units in 2024 → 32M by 2030.
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**NED Licensing Deal Estimate:** $200–500M
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Comparable deals: Microsoft/Osterhout ~$150M (2014), Google/HTC $250M (2025), Infinite Reality/Touchcast $500M (2025).
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**Comparable Companies:**
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| Company | Focus | Market Cap |
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|---------|-------|-----------|
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| Hesai Group | Auto/Industrial LiDAR | ~$3.8B |
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| Ouster | Multi-sector LiDAR | ~$1.3B |
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| Aeva Technologies | Automotive LiDAR | ~$0.9B |
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| Himax Technologies | Display tech (AR) | ~$1.7B |
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| Kopin Corporation | Micro-displays for AR | ~$0.4B |
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**Key insight:** $6–$16 price target. A special dividend of $2 from NED licensing would "kill shorts."
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## Peter's AI Search Technique
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> "If you tell Grok to eliminate certain biased sources it will do that, and the answers are often very different... as Microvision has gotten a lot of bad/biased press, eliminating that will give a better answer."
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## Links
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- [Anduril Reddit thread](https://www.reddit.com/r/Anduril/s/04VflOEqzW)
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- [r/MVIS discussion](https://www.reddit.com/r/MVIS/s/bOaCrOBaeQ)
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- [Pixelworks](https://www.pixelworks.com/en)
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- Ben's Saturday podcasts (30+ episodes on YouTube)
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microvision/platter.html
+642
microvision/platter.html
···
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<!DOCTYPE html>
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<html lang="en">
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<head>
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<meta charset="UTF-8">
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</a>
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<div class="header">
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<h1>MicroVision<span class="dot">.</span>platter</h1>
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<div class="subtitle">Reverse chronology of MVIS research, analysis, and correspondence — compiled from the Scudder family email archive (2015–2026).</div>
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<div class="stats">
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<span>17</span> entries · <span>11</span> years · <span>45+</span> emails · <span>3</span> spreadsheets · <span>2</span> hosted assets · <span>1</span> AI valuation · <span>1</span> takeover theory
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</div>
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</div>
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<div class="search-bar">
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<input type="text" id="search" placeholder="Search chronology..." autofocus>
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</div>
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<div class="no-results" id="no-results">No matching entries.</div>
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<div id="sections">
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<!-- KEY PEOPLE -->
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<div class="section" data-section="people">
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<div class="section-header" data-color="gold" onclick="toggleSection(this)">
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<span class="toggle">▼</span>
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<h2>Key People</h2>
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<span class="count">the cast</span>
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</div>
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<div class="section-items">
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<div class="people-grid">
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<div class="person">
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<div class="name">Walter "Walt" Scudder</div>
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<div class="role">Jeffrey's dad. Long-time MVIS retail investor, spreadsheet builder, active on r/MVIS Reddit. IEEE member. Emails from bigwalt59@comcast.net, katketch45@comcast.net, wscudder@ieee.org.</div>
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</div>
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<div class="person">
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<div class="name">Roger Collamati</div>
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<div class="role">Walt's friend. Hub of a ~15-person MVIS investor email group. Forwards Peter's blog posts and CC analysis to the circle.</div>
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</div>
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<div class="person">
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<div class="name">Peter (petersmvis.blogspot.com)</div>
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<div class="role">MVIS blogger Walt corresponds with directly. Has insider-adjacent contacts — spoke with an Amazon Alexa engineer about the interactive laser projector.</div>
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</div>
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<div class="person">
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<div class="name">Bob & Chad Zawistowski</div>
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<div class="role">Friends Walt shares financial models with. Chad (Bob's son, RIT/startup background) provided skeptical counteranalysis of Walt's bull case in 2019.</div>
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</div>
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<div class="person">
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<div class="name">Jeffrey Alan Scudder</div>
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<div class="role">Walt's son. MVIS shareholder (TD Ameritrade / Schwab). Hosts Walt's files on assets.aesthetic.computer for the blog community.</div>
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</div>
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</div>
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</div>
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</div>
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<!-- REVERSE CHRONOLOGY -->
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<div class="section" data-section="chronology">
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<div class="section-header" data-color="cyan" onclick="toggleSection(this)">
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<span class="toggle">▼</span>
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<h2>Reverse Chronology</h2>
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<span class="count">17 entries · 2026–2015</span>
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</div>
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<div class="section-items">
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<!-- ERA: DEFENSE + AI VALUATION -->
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<div class="era-label">2026 — AI Valuation & Defense Pivot</div>
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+
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<div class="item" data-searchable="aim intelligent machines takeover acquisition shared office autonomous earthmoving dcvc defense lidar">
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<span class="date">2026-03-20</span>
359
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<span class="from">Walt (via Jeffrey)</span>
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<span class="title">AIM Intelligent Machines Takeover Theory</span>
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<div class="desc">Walt believes AIM (autonomous earthmoving, DCVC-backed, defense contracts) will acquire MVIS. Signal: they now share office space in Seattle/Eastside. AIM needs exactly what MVIS makes — compact LiDAR for heavy equipment autonomy. MVIS market cap only ~$190M.</div>
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</div>
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<div class="item" data-searchable="grok valuation lidar ar near eye display anduril defense market cap">
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<span class="date">2026-03-20</span>
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<span class="from">Jeffrey → mail@ac</span>
367
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<span class="title">Grok Valuation Analysis (Blind — No MVIS Name Given)</span>
368
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<div class="desc">Prompted Grok to value a hypothetical company matching MVIS specs. Result: $2–5B market cap, $200–500M NED licensing deal, $6–$16 price target. Peter's technique: tell AI to exclude biased sources.</div>
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</div>
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<!-- ERA: 2025 -->
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<div class="era-label">2025 — Anduril, ZF, NVIDIA Partnerships</div>
373
+
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<div class="item" data-searchable="retail investor day town hall reddit">
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<span class="date">2025-07-11</span>
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<span class="from">Walt → Jeffrey</span>
377
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<span class="title">MicroVision Retail Investor Day Town Hall (Replay)</span>
378
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<div class="desc">Reddit link to the replay of MVIS's retail investor town hall session.</div>
379
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</div>
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+
381
+
<div class="item" data-searchable="anduril zf nvidia copilot pdf defense automotive ai">
382
+
<span class="date">2025-04-05</span>
383
+
<span class="from">Walt → Jeffrey</span>
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<span class="title">CoPilot Discussion: MicroVision + Anduril, ZF, NVIDIA</span>
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<div class="desc">CoPilot-generated PDF analyzing MVIS collaborations with Anduril (defense), ZF (auto Tier 1), NVIDIA (AI). Hosted on assets.aesthetic.computer for r/MVIS community.</div>
386
+
</div>
387
+
388
+
<!-- ERA: 2024 -->
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<div class="era-label">2024 — Interactive Spreadsheet Analysis</div>
390
+
391
+
<div class="item" data-searchable="spreadsheet lidar autos industrial robots analysis xlsx">
392
+
<span class="date">2024-10-09</span>
393
+
<span class="from">Walt → Jeffrey</span>
394
+
<span class="title">MVIS Lidar Spreadsheet v2 (Autos + Industrial Robots)</span>
395
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<div class="desc">Expanded interactive spreadsheet with user-adjustable variables. Hosted as HTML at assets.aesthetic.computer/mvis/fall-2024/spreadsheet.html for Reddit.</div>
396
+
</div>
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+
398
+
<div class="item" data-searchable="spreadsheet lidar analysis google sheets variables">
399
+
<span class="date">2024-03-17</span>
400
+
<span class="from">Walt → Jeffrey</span>
401
+
<span class="title">MVIS Lidar Spreadsheet v1</span>
402
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<div class="desc">"All the cells highlighted are variables where users can input their own ideas." First version of Walt's scenario-modeling spreadsheet.</div>
403
+
</div>
404
+
405
+
<!-- ERA: 2021 -->
406
+
<div class="era-label">2021 — TD Ameritrade Review</div>
407
+
408
+
<div class="item" data-searchable="td ameritrade shares sold rebuy stock price trading account">
409
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<span class="date">2021-11-17</span>
410
+
<span class="from">Walt → Jeffrey</span>
411
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<span class="title">TD Ameritrade Account Review — Buy Back Recommendation</span>
412
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<div class="desc">Jeffrey sold 1,100 shares at avg $13.54 ($14,894 total). Walt urged rebuy at $8.62. Projection: buy at $9, sell at $40 = $34,100 profit. "I am convinced there will be some major announcements."</div>
413
+
</div>
414
+
415
+
<!-- ERA: 2020 -->
416
+
<div class="era-label">2020 — Amazon Breadcrumbs & Volume Explosion</div>
417
+
418
+
<div class="item" data-searchable="apple stm stmicroelectronics blog post">
419
+
<span class="date">2020-07-26</span>
420
+
<span class="from">Walt → Jeffrey</span>
421
+
<span class="title">Apple / STM / MVIS Blog Post</span>
422
+
<div class="desc">Document connecting Apple, STMicroelectronics, and MicroVision technology (Apple_STM_MVIS.docx).</div>
423
+
</div>
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+
425
+
<div class="item" data-searchable="trading volume shares float explosion spike 842 million">
426
+
<span class="date">2020-05-09</span>
427
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<span class="from">Walt → Jeffrey</span>
428
+
<span class="title">Trading Volume Explosion Analysis</span>
429
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<div class="desc">842M shares traded Apr–May 2020 vs 14.9M in 2019 (56x). In 6 trading days: 687.6M shares = 5x the entire 130M float. "My gut tells me something big is going on."</div>
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</div>
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432
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<div class="item" data-searchable="amazon echo alexa whole foods salmon platter interactive display breadcrumbs peter">
433
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<span class="date">2020-01-07</span>
434
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<span class="from">Walt → Peter → Jeffrey</span>
435
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<span class="title">Amazon Breadcrumbs Investigation</span>
436
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<div class="desc">Walt discovered MVIS data sheet image matched a Whole Foods salmon platter listing. Peter confirmed: spoke with Amazon engineer who reacted with "shock and startle" about laser projector in Alexa.</div>
437
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</div>
438
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439
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<!-- ERA: 2019 -->
440
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<div class="era-label">2019 — PPS Modeling & Bull/Bear Debate</div>
441
+
442
+
<div class="item" data-searchable="pps calculation model pe ratio bull bear chad bob zawistowski hololens foxconn">
443
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<span class="date">2019-03-10</span>
444
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<span class="from">Walt → Bob Z → Chad Z → Jeffrey</span>
445
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<span class="title">Future PPS Calculations (Bull vs Bear)</span>
446
+
<div class="desc">Walt's bull case: 1B units, PE 14, 30%+ margins. Chad's bear case: 35M units, PE 5, $1.70 target. Key debate: is MVIS more like Nvidia or Micron?</div>
447
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</div>
448
+
449
+
<!-- ERA: 2018 -->
450
+
<div class="era-label">2018 — "MSFT and AMZN Are the Mystery Customers"</div>
451
+
452
+
<div class="item" data-searchable="roger collamati q2 conference call blog peter microsoft amazon">
453
+
<span class="date">2018-08-02</span>
454
+
<span class="from">Roger → Walt → Jeffrey</span>
455
+
<span class="title">Q2 Conference Call & Blog Analysis</span>
456
+
<div class="desc">Roger: "Hang in there." Walt: "I personally think two of the big ones MVIS has been working with are MSFT and AMZN."</div>
457
+
</div>
458
+
459
+
<!-- ERA: 2017 -->
460
+
<div class="era-label">2017 — Analyst Reports & Chinese Smartphones</div>
461
+
462
+
<div class="item" data-searchable="voga v phone china laser projector">
463
+
<span class="date">2017-07-26</span>
464
+
<span class="from">Walt → Jeffrey</span>
465
+
<span class="title">VOGA V Phone Review (MVIS Engine Inside)</span>
466
+
<div class="desc">"I think this phone with the MVIS engine will become very popular in China."</div>
467
+
</div>
468
+
469
+
<div class="item" data-searchable="rdi report apple stm stmicroelectronics 3d sensor bullish analyst">
470
+
<span class="date">2017-03-23</span>
471
+
<span class="from">Walt → Roger</span>
472
+
<span class="title">RDI Bullish Report + Apple/STM Rumors</span>
473
+
<div class="desc">"If rumors about STM having large order from Apple for a 3D sensor that includes Microvision's product prove true — this stock could be a real winner."</div>
474
+
</div>
475
+
476
+
<!-- ERA: 2016 -->
477
+
<div class="era-label">2016 — "Bottom of the First Inning"</div>
478
+
479
+
<div class="item" data-searchable="q4 conference call baseball sharp sony foxconn short interest">
480
+
<span class="date">2016-03-08</span>
481
+
<span class="from">Walt → Jeffrey</span>
482
+
<span class="title">Q4 Conference Call: "Bottom of the First Inning"</span>
483
+
<div class="desc">"MVIS has a runner (Sharp) on first and another runner (Sony) on second with no outs." Tracked Robohon robot, Xperia Agent, Foxconn acquisition of Sharp.</div>
484
+
</div>
485
+
486
+
<div class="item" data-searchable="ces 2016 sony mpcl1 celluon ford hud pico projector christmas">
487
+
<span class="date">2016-01-06</span>
488
+
<span class="from">Walt → Roger</span>
489
+
<span class="title">CES 2016: Sony MPCL1 + Ford HUD</span>
490
+
<div class="desc">Sony MPCL1 at CES, Celluon PicoPro ($299–$450), Ford HUD partnership. Walt gave Jeffrey a Sony MPCL1 for Christmas 2015.</div>
491
+
</div>
492
+
493
+
<!-- ERA: 2015 -->
494
+
<div class="era-label">2015 — The Beginning</div>
495
+
496
+
<div class="item" data-searchable="roger collamati distribution list why microvision pico projector paradigm shift">
497
+
<span class="date">2015-07-27</span>
498
+
<span class="from">Roger → (15 people) → Walt → Jeffrey</span>
499
+
<span class="title">Roger Collamati: "Why MicroVision?"</span>
500
+
<div class="desc">"Why this company will be the next big investment to have." MVIS trading at $3.40. First appearance of Roger's 15-person distribution list.</div>
501
+
</div>
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+
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<div class="item" data-searchable="peter blog picop projection smartphone screen bigger">
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+
<span class="date">2015-06-09</span>
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+
<span class="from">Roger → Walt → Jeffrey</span>
506
+
<span class="title">Peter's Blog: "Why MicroVision? Because THIS."</span>
507
+
<div class="desc">The founding thesis: consumers demand bigger screens, PicoP projection is the answer. This idea would evolve through interactive displays, HoloLens, LiDAR, and defense tech over the next decade.</div>
508
+
</div>
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+
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+
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+
</div>
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+
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+
<!-- THESIS EVOLUTION -->
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<div class="section" data-section="thesis">
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<div class="section-header" data-color="pink" onclick="toggleSection(this)">
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+
<span class="toggle">▼</span>
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+
<h2>Thesis Evolution</h2>
518
+
<span class="count">5 phases over 11 years</span>
519
+
</div>
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+
<div class="section-items">
521
+
<div class="callout">
522
+
<strong>Phase 1: Pico Projectors (2015–2017)</strong><br>
523
+
Bet: MVIS laser beam scanning gets embedded in smartphones and robots.<br>
524
+
Partners tracked: Sony, Sharp, Foxconn, Celluon, Ford.<br>
525
+
Key product: Sony MPCL1 pico projector.
526
+
</div>
527
+
<div class="callout">
528
+
<strong>Phase 2: Interactive Displays & HoloLens (2018–2019)</strong><br>
529
+
Walt's conviction: Microsoft and Amazon are MVIS's "mystery customers."<br>
530
+
Known deals: $25.2M contract (suspected HoloLens 2), $10M display-only license (suspected FoxConn).<br>
531
+
Walt built PPS models projecting 1B units/year at PE 14.
532
+
</div>
533
+
<div class="callout">
534
+
<strong>Phase 3: Amazon Breadcrumbs (2020)</strong><br>
535
+
Detective work: MVIS data sheet → Whole Foods salmon platter → Echo form factor.<br>
536
+
Peter confirmed Amazon engineer contact. Trading volume exploded 56x YoY.<br>
537
+
Apple/STM connection explored.
538
+
</div>
539
+
<div class="callout">
540
+
<strong>Phase 4: LiDAR Pivot & Spreadsheets (2021–2024)</strong><br>
541
+
MVIS pivoted to automotive LiDAR. Walt built interactive scenario-modeling spreadsheets.<br>
542
+
Jeffrey hosted files on aesthetic.computer for the Reddit/blog community.<br>
543
+
Walt tracked Jeffrey's brokerage account, urged rebuy at $8.62.
544
+
</div>
545
+
<div class="callout">
546
+
<strong>Phase 5: Defense + AI Valuation + AIM Theory (2025–2026)</strong><br>
547
+
Anduril (defense), ZF (auto Tier 1), NVIDIA (AI) partnerships.<br>
548
+
Grok AI valuation: <span class="number">$2–5B market cap</span>, <span class="number">$200–500M</span> NED licensing.<br>
549
+
Price target: <span class="number">$6–$16</span>. Special dividend of $2 would "kill shorts."<br>
550
+
<strong>New signal:</strong> AIM Intelligent Machines (autonomous earthmoving, DCVC-backed) now sharing office space with MVIS. Walt's call: AIM takeover.
551
+
</div>
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</div>
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<!-- HOSTED ASSETS -->
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<div class="section" data-section="assets">
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<div class="section-header" data-color="green" onclick="toggleSection(this)">
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<span class="toggle">▼</span>
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<h2>Hosted Assets</h2>
560
+
<span class="count">files on assets.aesthetic.computer</span>
561
+
</div>
562
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<div class="section-items">
563
+
<a class="item" href="https://assets.aesthetic.computer/mvis/2025%20CoPilot%20discussion%20on%20Mircrovision's%20collaboration%20with%20Anduril,%20ZF%20and%20NVIDIA.pdf">
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+
<span class="date">2025-04</span> CoPilot Discussion: Anduril, ZF, NVIDIA (PDF)
565
+
</a>
566
+
<a class="item" href="https://assets.aesthetic.computer/mvis/fall-2024/spreadsheet.html">
567
+
<span class="date">2024-10</span> MVIS Lidar Spreadsheet Analysis (HTML)
568
+
</a>
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<!-- EXTERNAL LINKS -->
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<span class="toggle">▼</span>
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<h2>External Links</h2>
577
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<span class="count">blogs, reddit, podcasts</span>
578
+
</div>
579
+
<div class="section-items">
580
+
<a class="item" href="https://www.reddit.com/r/MVIS/" target="_blank">r/MVIS — Reddit community</a>
581
+
<a class="item" href="http://petersmvis.blogspot.com/" target="_blank">Peter's MVIS Blog (petersmvis.blogspot.com)</a>
582
+
<a class="item" href="https://www.reddit.com/r/Anduril/s/04VflOEqzW" target="_blank">Anduril Reddit thread (2026)</a>
583
+
<a class="item" href="https://www.reddit.com/r/MVIS/s/bOaCrOBaeQ" target="_blank">r/MVIS — Peter on AI search filtering</a>
584
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<a class="item" href="https://www.pixelworks.com/en" target="_blank">Pixelworks</a>
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<span>Compiled from the Scudder family email archive · <a href="https://aesthetic.computer">aesthetic.computer</a></span>
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<h1>MicroVision (MVIS) Report<br><span class="sub">Compiled for Walt Scudder — March 2026</span></h1>
130
+
<div class="dateline">Prepared by Jeffrey via Aesthetic Computer · Source: family email archive (2015–2026) + current market data</div>
131
+
132
+
<!-- ===== CURRENT STATE ===== -->
133
+
<h2>Current State of MVIS (March 2026)</h2>
134
+
135
+
<div class="highlight">
136
+
<strong>Stock Price:</strong> $0.61/share ·
137
+
<strong>Market Cap:</strong> ~$190M ·
138
+
<strong>Analyst Target:</strong> $2.50 (Strong Buy) ·
139
+
<strong>Ownership:</strong> 27.5% institutional, 9.8% insiders, 62.7% retail
140
+
</div>
141
+
142
+
<p><strong>Recent developments:</strong></p>
143
+
<ul>
144
+
<li>New CEO <strong>Glen DeVos</strong> executing "Pivot to Profit" strategy</li>
145
+
<li>Acquired <strong>Luminar Technologies' LiDAR assets</strong> (Iris + Halo sensors) for $33M — completed Feb 2026</li>
146
+
<li>Raised <strong>$43M via senior secured convertible notes</strong> to accelerate acquisition synergies</li>
147
+
<li>CEO, directors, and executives <strong>buying MVIS stock</strong> (March 2026)</li>
148
+
<li>Partnerships with <strong>Anduril</strong> (defense), <strong>ZF</strong> (auto Tier 1), <strong>NVIDIA</strong> (AI/compute)</li>
149
+
</ul>
150
+
151
+
<p>Sources: <a href="https://ir.microvision.com/">MicroVision IR</a> · <a href="https://finance.yahoo.com/quote/MVIS/">Yahoo Finance</a> · <a href="https://ir.microvision.com/news/press-releases/detail/436/microvision-announces-agreement-to-acquire-luminar-assets">Luminar Acquisition PR</a></p>
152
+
153
+
<!-- ===== LATEST NEWS ===== -->
154
+
<h2>Latest News Timeline (Dec 2025 – Mar 2026)</h2>
155
+
156
+
<div class="entry">
157
+
<span class="entry-date">2026-03-16</span> · <span class="entry-title">Insiders Buy $310K in MVIS Stock</span>
158
+
<div class="entry-desc">All executive officers and U.S. board members committed to purchase shares at <strong>$0.5322/share</strong> — direct purchases from the company, not open market. CEO Glen DeVos led the effort. <a href="https://www.stocktitan.net/news/MVIS/micro-vision-ceo-directors-and-executives-buy-mvis-4d82b0ctt79m.html">Source</a></div>
159
+
</div>
160
+
161
+
<div class="entry">
162
+
<span class="entry-date">2026-03-05</span> · <span class="entry-title">D. Boral Capital Downgrades MVIS to Hold</span>
163
+
<div class="entry-desc">Downgrade from Buy to Hold, citing "uncertainty around near-term sales growth and continued spending pressures." Stock fell ~19% post-earnings.</div>
164
+
</div>
165
+
166
+
<div class="entry">
167
+
<span class="entry-date">2026-03-04</span> · <span class="entry-title">Q4 & Full Year 2025 Earnings</span>
168
+
<div class="entry-desc">
169
+
Q4 revenue: <strong>$0.2M</strong> (vs $1.7M prior year). Full year 2025: <strong>$1.2M</strong> (vs $4.7M in 2024). Net loss included $29.4M impairment charge.<br>
170
+
<strong>2026 revenue guidance: $10–15M</strong> — mostly industrial, with balance from automotive (includes Luminar streams).<br>
171
+
Cash burn for 2026: $65–70M. Cash on hand: <strong>$74.8M</strong>.<br>
172
+
<a href="https://www.fool.com/earnings/call-transcripts/2026/03/04/microvision-mvis-q4-2025-earnings-transcript/">Transcript</a> · <a href="https://seekingalpha.com/news/4561075-microvision-outlines-10m-15m-2026-revenue-target-amid-lidar-2_0-transformation-and-expanded">Seeking Alpha</a>
173
+
</div>
174
+
</div>
175
+
176
+
<div class="entry">
177
+
<span class="entry-date">2026-02-25</span> · <span class="entry-title">CEO Fireside Chat — "LiDAR 2.0" Strategy</span>
178
+
<div class="entry-desc">Glen DeVos outlined rationale for two acquisitions and the "LiDAR 2.0" transformation with expanded defense push. <a href="https://ir.microvision.com/news/press-releases/detail/438/microvision-business-update-and-fireside-chat-on-february">Source</a></div>
179
+
</div>
180
+
181
+
<div class="entry">
182
+
<span class="entry-date">2026-02-24</span> · <span class="entry-title">$43M Convertible Notes Issued</span>
183
+
<div class="entry-desc">Senior secured notes to defer repayment obligations and accelerate Luminar + Scantinel integration. <a href="https://www.accessnewswire.com/newsroom/en/aerospace-and-defense/microvision-enhances-financial-position-to-accelerate-benefits-of-acquisition-1140273">Source</a></div>
184
+
</div>
185
+
186
+
<div class="entry">
187
+
<span class="entry-date">2026-01-27</span> · <span class="entry-title">Luminar Assets Acquisition ($33M)</span>
188
+
<div class="entry-desc">Acquired Iris + Halo LiDAR sensor IP, inventory, key engineering talent, and select commercial contracts. <a href="https://ir.microvision.com/news/press-releases/detail/436/microvision-announces-agreement-to-acquire-luminar-assets">Source</a></div>
189
+
</div>
190
+
191
+
<div class="entry">
192
+
<span class="entry-date">2025-12-16</span> · <span class="entry-title">First MOVIA L Shipments — EU Defense OEM</span>
193
+
<div class="entry-desc">Initial order for MOVIA L sensors with integrated software shipped. Repeat orders continuing in 2026. DeVos: suited for "mission-critical systems, whether protecting lives on the battlefield or cargo in industrial transport." <a href="https://ir.microvision.com/news/press-releases/detail/435/microvision-reports-commercial-momentum-in-industrial">Source</a></div>
194
+
</div>
195
+
196
+
<div class="entry">
197
+
<span class="entry-date">2025-11-10</span> · <span class="entry-title">Scantinel Photonics Acquisition (FMCW LiDAR)</span>
198
+
<div class="entry-desc">Acquired 1550nm FMCW ultra-long-range LiDAR tech + team in southern Germany. Targets commercial vehicles.</div>
199
+
</div>
200
+
201
+
<h3>Product Roadmap</h3>
202
+
<ul>
203
+
<li><strong>MOVIA S</strong> — next-gen industrial sensor, production launch <strong>Q4 2026</strong></li>
204
+
<li><strong>FMCW ultra-long-range</strong> — roadmap via ex-Scantinel team (Germany)</li>
205
+
<li><strong>MOVIA L</strong> — shipping now to EU defense OEM, repeat orders ongoing</li>
206
+
<li><strong>MAVIN</strong> — long-range ADAS sensor, integrated with <strong>NVIDIA DRIVE</strong> platform</li>
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</ul>
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<h3>Peter's MVIS Blog (Latest)</h3>
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<ul>
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<li><strong>Aug 8, 2025</strong> — <em>"Building a skyscraper"</em> — Compares MVIS to a $200M Miami lot: deep underground work invisible for months before the structure rapidly rises.</li>
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<li><strong>May 20, 2025</strong> — <em>"Brain Trust compares Microvision to a biotech"</em> — At a pre-investor dinner in Redmond, attendees likened MVIS to biotech: no current earnings, but underlying assets carry huge potential.</li>
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<li><strong>Apr 21, 2025</strong> — <em>"Do Not Sell."</em></li>
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</ul>
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<p>Blog: <a href="https://petersmvis.blogspot.com/">petersmvis.blogspot.com</a></p>
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<!-- ===== AIM THEORY ===== -->
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<h2>AIM Intelligent Machines — Takeover Theory</h2>
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<div class="highlight">
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<strong>Walt's call:</strong> AIM Intelligent Machines will take over MicroVision. They now share office space.
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</div>
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<p><a href="https://aim.vision/">AIM Intelligent Machines</a> retrofits heavy earthmoving equipment (excavators, dozers, trucks) to operate autonomously using LiDAR + AI. They're DCVC-backed with defense contracts.</p>
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<p><strong>Why the fit is almost too clean:</strong></p>
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<ul>
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<li>AIM is in <strong>Bellevue/Monroe, WA</strong> — a few miles from MVIS in <strong>Redmond, WA</strong></li>
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<li>AIM needs compact, affordable LiDAR for harsh outdoor environments — MVIS makes exactly that</li>
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<li>MVIS's MAVIN (long-range) + MOVIA (short/mid-range) at ~$250/unit fits AIM's cost model</li>
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<li>Overlapping defense angle: AIM defense contracts + MVIS/Anduril partnership</li>
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<li>MVIS at ~$190M market cap is very acquirable</li>
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<li><strong>Shared offices</strong> = deeper than a partnership (joint engineering, due diligence, or pre-acquisition integration)</li>
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</ul>
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<p>Sources: <a href="https://aim.vision/">AIM website</a> · <a href="https://www.dcvc.com/companies/aim/">DCVC portfolio</a> · <a href="https://www.bbb.org/us/wa/bellevue/profile/robots/aim-intelligent-machines-1296-1000163174">AIM BBB (Bellevue)</a></p>
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<!-- ===== GROK VALUATION ===== -->
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<h2>Grok AI Blind Valuation (March 20, 2026)</h2>
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<p>Grok was prompted to value a hypothetical company matching MVIS's exact capabilities <em>without naming MicroVision</em> — avoiding biased press coverage per Peter's technique.</p>
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<div class="highlight">
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<strong>Market Cap Estimate:</strong> $2–5 billion (bull case: $5–10B by 2028)<br>
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<strong>NED Licensing Deal:</strong> $200–500 million<br>
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<strong>Implied Price Target:</strong> $6–$16/share<br>
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<strong>Short killer:</strong> A special dividend of $2 from NED licensing would devastate shorts
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</div>
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<h3>Market Opportunity (Grok's Numbers)</h3>
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<table>
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<tr><th>Segment</th><th>2025 Market</th><th>2030 Projection</th><th>MVIS Revenue Potential</th></tr>
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<tr><td>Automotive LiDAR (ADAS)</td><td>$1.2–1.9B</td><td>$9–25B</td><td>$500M–$2B (5–10% share)</td></tr>
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<tr><td>Industrial LiDAR (forklifts, heavy equip)</td><td>$3–8B</td><td>$6–13B</td><td>$200–500M</td></tr>
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<tr><td>AR Near-Eye Display</td><td>$2.2B</td><td>$6.7B</td><td>$300–800M</td></tr>
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</table>
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<h3>Comparable Companies</h3>
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<table>
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<tr><th>Company</th><th>Focus</th><th>Market Cap</th></tr>
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<tr><td>Hesai Group</td><td>Auto/Industrial LiDAR</td><td>~$3.8B</td></tr>
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<tr><td>Ouster</td><td>Multi-sector LiDAR</td><td>~$1.3B</td></tr>
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<tr><td>Aeva Technologies</td><td>Automotive LiDAR</td><td>~$0.9B</td></tr>
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<tr><td>Himax Technologies</td><td>Display tech (AR)</td><td>~$1.7B</td></tr>
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<tr><td>Kopin Corporation</td><td>Micro-displays for AR</td><td>~$0.4B</td></tr>
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<tr><td><strong>MicroVision</strong></td><td><strong>LiDAR + NED + AR</strong></td><td><strong>~$0.19B</strong></td></tr>
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</table>
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<p><strong>Peter's AI search tip:</strong></p>
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<blockquote>"If you tell Grok to eliminate certain biased sources it will do that, and the answers are often very different... as Microvision has gotten a lot of bad/biased press, eliminating that will give a better answer."</blockquote>
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<!-- ===== REVERSE CHRONOLOGY ===== -->
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<h2>Reverse Chronology — 11 Years of MVIS Research</h2>
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<div class="era">2025 — Anduril, ZF, NVIDIA Partnerships</div>
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<div class="entry">
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<span class="entry-date">2025-07-11</span> · <span class="entry-title">MicroVision Retail Investor Day Town Hall</span>
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<div class="entry-desc">Replay: <a href="https://www.reddit.com/r/MVIS/s/WmFLRqzNTF">Reddit thread</a></div>
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</div>
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<div class="entry">
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<span class="entry-date">2025-04-05</span> · <span class="entry-title">CoPilot Analysis: Anduril + ZF + NVIDIA</span>
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<div class="entry-desc">PDF analyzing MVIS's defense/auto/AI partnerships. <a href="https://assets.aesthetic.computer/mvis/2025%20CoPilot%20discussion%20on%20Mircrovision's%20collaboration%20with%20Anduril,%20ZF%20and%20NVIDIA.pdf">Download PDF</a></div>
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</div>
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<div class="era">2024 — Interactive Spreadsheet Analysis</div>
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<div class="entry">
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<span class="entry-date">2024-10-09</span> · <span class="entry-title">MVIS Lidar Spreadsheet v2 (Autos + Industrial Robots)</span>
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<div class="entry-desc">Interactive spreadsheet with user-adjustable variables. <a href="https://assets.aesthetic.computer/mvis/fall-2024/spreadsheet.html">View online</a></div>
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</div>
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<div class="entry">
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<span class="entry-date">2024-03-17</span> · <span class="entry-title">MVIS Lidar Spreadsheet v1</span>
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<div class="entry-desc">"All the cells highlighted are variables where users can input their own ideas and it will do the calculations."</div>
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</div>
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<div class="era">2021 — TD Ameritrade Review</div>
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<div class="entry">
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<span class="entry-date">2021-11-17</span> · <span class="entry-title">Buy Back Recommendation</span>
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<div class="entry-desc">Jeffrey sold 1,100 shares at avg $13.54 ($14,894). Walt urged rebuy at $8.62. Projection: buy at $9, sell at $40 = $34,100 profit.</div>
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</div>
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+
<div class="era">2020 — Amazon Breadcrumbs & Volume Explosion</div>
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+
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+
<div class="entry">
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+
<span class="entry-date">2020-05-09</span> · <span class="entry-title">Trading Volume Explosion</span>
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+
<div class="entry-desc">842M shares traded (56x YoY). 6-day volume = 5x the entire 130M float. "My gut tells me something big is going on."</div>
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</div>
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<div class="entry">
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+
<span class="entry-date">2020-01-07</span> · <span class="entry-title">Amazon Breadcrumbs — The Salmon Platter</span>
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+
<div class="entry-desc">Walt discovered MVIS data sheet image matched a Whole Foods listing. Peter confirmed: Amazon engineer reacted with "shock and startle" about the laser projector in Alexa. <a href="http://petersmvis.blogspot.com/2020/01/amazon-breadcrumb.html">Peter's blog post</a></div>
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+
</div>
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+
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+
<div class="era">2019 — PPS Modeling & Bull/Bear Debate</div>
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+
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+
<div class="entry">
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+
<span class="entry-date">2019-03-10</span> · <span class="entry-title">Future PPS Calculations</span>
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+
<div class="entry-desc">Walt's bull case: 1B units, PE 14, 30%+ margins. Chad Zawistowski's bear case: 35M units, PE 5, $1.70 target. Known deals: $25.2M contract (HoloLens 2), $10M display-only license.</div>
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</div>
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+
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+
<div class="era">2018 — "MSFT and AMZN Are the Mystery Customers"</div>
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+
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+
<div class="entry">
328
+
<span class="entry-date">2018-08-02</span> · <span class="entry-title">Q2 CC Analysis (via Roger Collamati)</span>
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+
<div class="entry-desc">"I personally think two of the big ones MVIS has been working with are MSFT and AMZN." Roger: "Hang in there."</div>
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+
</div>
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+
<div class="era">2017 — Analyst Reports & Chinese Smartphones</div>
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+
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<div class="entry">
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+
<span class="entry-date">2017-07-26</span> · <span class="entry-title">VOGA V Phone (MVIS Engine Inside)</span>
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+
<div class="entry-desc">"I think this phone with the MVIS engine will become very popular in China." <a href="http://petersmvis.blogspot.com/2017/07/voga-v-review.html">Peter's review</a></div>
337
+
</div>
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<div class="entry">
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+
<span class="entry-date">2017-03-23</span> · <span class="entry-title">RDI Bullish Report + Apple/STM Rumors</span>
341
+
<div class="entry-desc">"If rumors about STM having large order from Apple for a 3D sensor that includes Microvision's product prove true — this stock could be a real winner."</div>
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+
</div>
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+
<div class="era">2016 — "Bottom of the First Inning"</div>
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<div class="entry">
347
+
<span class="entry-date">2016-03-08</span> · <span class="entry-title">Q4 CC: Baseball Analogy</span>
348
+
<div class="entry-desc">"MVIS has a runner (Sharp) on first and another runner (Sony) on second with no outs." Tracked Robohon, Xperia Agent, Foxconn buying Sharp.</div>
349
+
</div>
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<div class="entry">
352
+
<span class="entry-date">2016-01-06</span> · <span class="entry-title">CES 2016: Sony MPCL1 + Ford HUD</span>
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<div class="entry-desc">MVIS tech at CES through Sony, Celluon ($299–$450 projectors), Ford HUD. You gave me the Sony MPCL1 for Christmas.</div>
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</div>
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<div class="era">2015 — The Beginning</div>
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<div class="entry">
359
+
<span class="entry-date">2015-07-27</span> · <span class="entry-title">Roger Collamati: "Why MicroVision?"</span>
360
+
<div class="entry-desc">"Why this company will be the next big investment to have." MVIS at $3.40. Roger's 15-person distribution list.</div>
361
+
</div>
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<div class="entry">
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<span class="entry-date">2015-06-09</span> · <span class="entry-title">Peter's Blog: "Why MicroVision? Because THIS."</span>
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+
<div class="entry-desc">The founding thesis: consumers demand bigger screens, PicoP projection is the answer. This idea evolved through interactive displays, HoloLens, LiDAR, and defense tech over the next decade. <a href="http://petersmvis.blogspot.com/">Peter's MVIS Blog</a></div>
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</div>
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+
<!-- ===== LINKS ===== -->
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<h2>Key Links</h2>
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<ul>
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<li><a href="https://ir.microvision.com/">MicroVision Investor Relations</a></li>
372
+
<li><a href="https://finance.yahoo.com/quote/MVIS/">MVIS on Yahoo Finance</a></li>
373
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<li><a href="https://www.reddit.com/r/MVIS/">r/MVIS Reddit Community</a></li>
374
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<li><a href="http://petersmvis.blogspot.com/">Peter's MVIS Blog</a></li>
375
+
<li><a href="https://aim.vision/">AIM Intelligent Machines</a></li>
376
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<li><a href="https://www.reddit.com/r/Anduril/s/04VflOEqzW">Anduril Reddit Thread (2026)</a></li>
377
+
<li><a href="https://www.pixelworks.com/en">Pixelworks</a></li>
378
+
<li><a href="https://assets.aesthetic.computer/mvis/2025%20CoPilot%20discussion%20on%20Mircrovision's%20collaboration%20with%20Anduril,%20ZF%20and%20NVIDIA.pdf">Anduril/ZF/NVIDIA CoPilot Analysis (PDF)</a></li>
379
+
<li><a href="https://assets.aesthetic.computer/mvis/fall-2024/spreadsheet.html">Your MVIS Lidar Spreadsheet (online)</a></li>
380
+
</ul>
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<div class="footer">
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Compiled from 45+ emails spanning 2015–2026 · aesthetic.computer/microvision · March 20, 2026
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</div>
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\documentclass[11pt,letterpaper]{article}
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{\thesection.}
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{}
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{}
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\setlist[itemize]{nosep, leftmargin=1.4em, itemsep=0.15em}
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\setlist[enumerate]{nosep, leftmargin=1.4em}
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\begin{document}
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\begin{center}
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{\LARGE\bfseries\color{secblue} MicroVision Takeover Potential Report}\\[0.4em]
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{\large March 2026}
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\end{center}
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\vspace{0.5em}
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\hrule
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\vspace{1em}
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\section{Current State (March 2026)}
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\begin{tabularx}{\textwidth}{@{}lX@{}}
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\textbf{Stock Price:} & \$0.61/share \\
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\textbf{Market Cap:} & \textasciitilde\$190M \\
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\textbf{Analyst Target:} & \$2.50 (Strong Buy, 2 analysts) \\
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\textbf{Ownership:} & 27.5\% institutional, 9.8\% insiders, 62.7\% retail \\
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\end{tabularx}
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\subsection{Recent Developments}
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\begin{itemize}
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\item New CEO \textbf{Glen DeVos} executing ``Pivot to Profit'' strategy
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\item Acquired \textbf{Luminar Technologies' LiDAR assets} (Iris + Halo sensors) for \$33M --- completed Feb 2026
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\item Raised \textbf{\$43M via senior secured convertible notes} to accelerate acquisition synergies
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\item CEO, directors, and executives \textbf{buying MVIS stock} (March 2026, \$310K aggregate at \$0.5322/share)
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\item Partnerships with \textbf{Anduril} (defense), \textbf{ZF} (auto Tier 1), \textbf{NVIDIA} (AI/compute)
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\end{itemize}
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\section{Latest News Timeline}
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{\color{datecyan}\textbf{2026-03-16}} --- \textit{\href{https://www.stocktitan.net/news/MVIS/micro-vision-ceo-directors-and-executives-buy-mvis-4d82b0ctt79m.html}{Insiders Buy \$310K in MVIS Stock.}}
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All executive officers and U.S. board members committed to purchase shares at \$0.5322/share --- direct purchases from the company, not open market.
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{\color{datecyan}\textbf{2026-03-05}} --- \textit{D. Boral Capital Downgrades to Hold.}
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Downgrade from Buy to Hold, citing ``uncertainty around near-term sales growth and continued spending pressures.'' Stock fell \textasciitilde19\% post-earnings.
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{\color{datecyan}\textbf{2026-03-04}} --- \textit{\href{https://seekingalpha.com/news/4561075-microvision-outlines-10m-15m-2026-revenue-target-amid-lidar-2_0-transformation-and-expanded}{Q4 \& Full Year 2025 Earnings.}}
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Q4 revenue: \$0.2M (vs \$1.7M prior year). Full year 2025: \$1.2M (vs \$4.7M in 2024). Net loss included \$29.4M impairment charge. \textbf{2026 revenue guidance: \$10--15M} --- mostly industrial, with balance from automotive (includes Luminar streams). Cash burn for 2026: \$65--70M. Cash on hand: \$74.8M.
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{\color{datecyan}\textbf{2026-02-25}} --- \textit{\href{https://ir.microvision.com/news/press-releases/detail/438/microvision-business-update-and-fireside-chat-on-february}{CEO Fireside Chat --- ``LiDAR 2.0'' Strategy.}}
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Glen DeVos outlined rationale for two acquisitions and the ``LiDAR 2.0'' transformation with expanded defense push.
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{\color{datecyan}\textbf{2026-02-24}} --- \textit{\$43M Convertible Notes Issued.}
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Senior secured notes to defer repayment obligations and accelerate Luminar + Scantinel integration.
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{\color{datecyan}\textbf{2026-01-27}} --- \textit{\href{https://ir.microvision.com/news/press-releases/detail/436/microvision-announces-agreement-to-acquire-luminar-assets}{Luminar Assets Acquisition (\$33M).}}
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Acquired Iris + Halo LiDAR sensor IP, inventory, key engineering talent, and select commercial contracts.
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{\color{datecyan}\textbf{2025-12-16}} --- \textit{\href{https://ir.microvision.com/news/press-releases/detail/435/microvision-reports-commercial-momentum-in-industrial}{First MOVIA L Shipments --- EU Defense OEM.}}
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Initial order for MOVIA L sensors with integrated software shipped. Repeat orders continuing in 2026. DeVos: suited for ``mission-critical systems, whether protecting lives on the battlefield or cargo in industrial transport.''
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{\color{datecyan}\textbf{2025-11-10}} --- \textit{Scantinel Photonics Acquisition (FMCW LiDAR).}
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Acquired 1550nm FMCW ultra-long-range LiDAR tech + team in southern Germany. Targets commercial vehicles.
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\subsection{Product Roadmap}
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\begin{itemize}
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\item \textbf{MOVIA S} --- next-gen industrial sensor, production launch Q4 2026
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\item \textbf{FMCW ultra-long-range} --- roadmap via ex-Scantinel team (Germany)
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\item \textbf{MOVIA L} --- shipping now to EU defense OEM, repeat orders ongoing
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\item \textbf{MAVIN} --- long-range ADAS sensor, integrated with NVIDIA DRIVE platform
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\end{itemize}
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\section{AIM Intelligent Machines --- Takeover Theory}
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\fcolorbox{acpink}{acpink!8}{\parbox{\dimexpr\textwidth-2\fboxsep-2\fboxrule}{%
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\textbf{\color{acpink}Thesis:} AIM Intelligent Machines will take over MicroVision. They now share office space.}}
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AIM Intelligent Machines retrofits heavy earthmoving equipment (excavators, dozers, trucks) to operate autonomously using LiDAR + AI. They are DCVC-backed with defense contracts.
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\subsection{Why the Fit Is Almost Too Clean}
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\begin{itemize}
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\item AIM is in \textbf{Bellevue/Monroe, WA} --- a few miles from MVIS in \textbf{Redmond, WA}
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\item AIM needs compact, affordable LiDAR for harsh outdoor environments --- MVIS makes exactly that
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\item MVIS's MAVIN (long-range) + MOVIA (short/mid-range) at \textasciitilde\$250/unit fits AIM's cost model
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\item Overlapping defense angle: AIM defense contracts + MVIS/Anduril partnership
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\item MVIS at \textasciitilde\$190M market cap is very acquirable
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\item \textbf{Shared offices} = deeper than a partnership (joint engineering, due diligence, or pre-acquisition integration)
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\end{itemize}
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\section{Grok AI Blind Valuation (March 20, 2026)}
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Grok was prompted to value a hypothetical company matching MVIS's exact capabilities \textit{without naming MicroVision} --- avoiding biased press coverage.
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\begin{center}
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\fcolorbox{secblue}{secblue!6}{\begin{tabular}{@{}ll@{}}
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\textbf{\color{secblue}Market Cap Estimate} & \$2--5 billion (bull case: \$5--10B by 2028) \\[3pt]
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\textbf{\color{secblue}NED Licensing Deal} & \$200--500 million \\[3pt]
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\textbf{\color{secblue}Implied Price Target} & \$6--\$16/share \\[3pt]
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\textbf{\color{secblue}Short killer} & A special dividend of \$2 from NED licensing \\
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\end{tabular}}
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\end{center}
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\subsection{Market Opportunity (Grok's Numbers)}
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\begin{center}
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\begin{tabular}{@{}lccc@{}}
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\toprule
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\textbf{Segment} & \textbf{2025 Market} & \textbf{2030 Projection} & \textbf{MVIS Revenue Potential} \\
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\midrule
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Automotive LiDAR (ADAS) & \$1.2--1.9B & \$9--25B & \$500M--\$2B (5--10\% share) \\
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Industrial LiDAR & \$3--8B & \$6--13B & \$200--500M \\
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AR Near-Eye Display & \$2.2B & \$6.7B & \$300--800M \\
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\bottomrule
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\end{tabular}
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\end{center}
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\subsection{Comparable Companies}
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\begin{center}
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\begin{tabular}{@{}llr@{}}
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\toprule
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\textbf{Company} & \textbf{Focus} & \textbf{Market Cap} \\
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\midrule
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Hesai Group & Auto/Industrial LiDAR & \textasciitilde\$3.8B \\
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Ouster & Multi-sector LiDAR & \textasciitilde\$1.3B \\
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Aeva Technologies & Automotive LiDAR & \textasciitilde\$0.9B \\
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Himax Technologies & Display tech (AR) & \textasciitilde\$1.7B \\
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Kopin Corporation & Micro-displays for AR & \textasciitilde\$0.4B \\
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\textbf{MicroVision} & \textbf{LiDAR + NED + AR} & \textbf{\textasciitilde\$0.19B} \\
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\bottomrule
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\end{tabular}
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\end{center}
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\section{Reverse Chronology --- 11 Years of MVIS Research}
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\subsection*{2025 --- Anduril, ZF, NVIDIA Partnerships}
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{\color{datecyan}\textbf{2025-07-11}} --- MicroVision Retail Investor Day Town Hall session (replay available on r/MVIS).
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{\color{datecyan}\textbf{2025-04-05}} --- CoPilot-generated analysis of MicroVision's collaborations with Anduril (defense), ZF (auto Tier 1), and NVIDIA (AI/compute). Circulated to the MVIS blog community.
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\subsection*{2024 --- Interactive Spreadsheet Analysis}
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{\color{datecyan}\textbf{2024-10-09}} --- MVIS Lidar Spreadsheet v2, expanded to include automotive and industrial robotics applications. Interactive with user-adjustable variables for scenario modeling.
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{\color{datecyan}\textbf{2024-03-17}} --- MVIS Lidar Spreadsheet v1. ``All the cells highlighted are variables where users can input their own ideas and it will do the calculations to produce the financial results of whatever scenarios they personally feel will happen.''
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\subsection*{2021 --- Brokerage Review}
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{\color{datecyan}\textbf{2021-11-17}} --- Brokerage account review. 1,100 shares had been sold at avg \$13.54/share (\$14,894 total). With MVIS closing at \$8.62. Rebuy was urged. Projection: buy 1,100 shares at \$9 (\$9,900), sell at \$40 = \$34,100 profit.
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\subsection*{2020 --- Amazon Breadcrumbs \& Volume Explosion}
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{\color{datecyan}\textbf{2020-05-09}} --- Trading volume analysis: 842M shares traded Apr--May 2020 vs 14.9M in the same period 2019 (56x increase). In 6 trading days, volume was 5x the entire 130M share float. ``My gut feel tells me something big is going on.''
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{\color{datecyan}\textbf{2020-01-07}} --- A MVIS interactive display data sheet showed a ``poached salmon platter'' image with a description identical to a Whole Foods Bellevue listing. The projector housing resembled the Amazon Echo form factor. An MVIS blogger confirmed independently that an Amazon Alexa engineer reacted with ``shock and startle'' when asked about the interactive laser projector timeline.
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\subsection*{2019 --- PPS Modeling \& Bull/Bear Debate}
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{\color{datecyan}\textbf{2019-03-10}} --- A retail investor PPS model was built: 1 billion units/year, PE of 14, 30\%+ margins. A skeptic countered with 35M units, PE of 5, resulting in a \$1.70 target. Known deals at the time: \$25.2M contract (suspected HoloLens 2), \$10M display-only license (suspected FoxConn).
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\subsection*{2018 --- ``MSFT and AMZN Are the Mystery Customers''}
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{\color{datecyan}\textbf{2018-08-02}} --- After Q2 conference call analysis, Retail investor analysis concluded: ``I personally think two of the big ones MVIS has been working with are MSFT and AMZN.''
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\subsection*{2017 --- Analyst Reports \& Chinese Smartphones}
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{\color{datecyan}\textbf{2017-07-26}} --- VOGA V phone review (MVIS laser projector engine inside). ``I think this phone with the MVIS engine will become very popular in China.''
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{\color{datecyan}\textbf{2017-03-23}} --- RDI issued a bullish report. ``If rumors about STM having large order from Apple for a 3D sensor that includes Microvision's product prove true --- this stock could be a real winner.''
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\subsection*{2016 --- ``Bottom of the First Inning''}
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{\color{datecyan}\textbf{2016-03-08}} --- After Q4 conference call: ``MVIS has a runner (Sharp) on first and another runner (Sony) on second with no outs.'' Tracked Sharp Robohon robot, Sony Xperia Agent, Foxconn's acquisition of Sharp.
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{\color{datecyan}\textbf{2016-01-06}} --- CES 2016: Sony MPCL1 pico projector (using MicroVision engine) prominently displayed. Celluon PicoPro and PicoAir portable projectors (\$299--\$450). Ford HUD partnership.
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\subsection*{2015 --- The Beginning}
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{\color{datecyan}\textbf{2015-07-27}} --- Roger Collamati sent his MVIS investment thesis to a 15-person distribution list: ``Why this company will be the next big investment to have.'' MVIS was trading at \$3.40.
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{\color{datecyan}\textbf{2015-06-09}} --- The founding thesis from the MVIS blog community: consumers demand bigger screens, and PicoP projection is the answer. This idea would evolve through interactive displays, HoloLens, LiDAR, and defense tech over the next decade.
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\vspace{1em}
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\hrule
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\vspace{0.5em}
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\begin{center}
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{\small\color{dimgray} March 20, 2026}
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\end{center}
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\end{document}