Purchase orders representing thousands of IRIS sensors demonstrate expanding near-term customer demand and deployment, while establishing a path to next-generation HALO lidar REDMOND, WA / ACCESS Newswire / August 24,

<p><i><strong>Purchase orders representing thousands of IRIS sensors demonstrate expanding near-term customer demand and deployment, while establishing a path to next-generation HALO lidar</strong></i></p> <p><strong id="dateline">REDMOND, WA / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / August 24, 2026 / </strong><a rel="nofollow" href="https://pr.report/pfb5">MicroVision, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MVIS">MVIS</a>), a leader in advanced perception solutions, today announced continued growth in the number of initial and repeating purchase orders from multiple customers across North America and Europe representing thousands of MicroVision IRIS&#8482; long-range lidar sensors for industrial and security and defense applications.</p><p>The continued growth in orders demonstrates commercial validation as customers move from development, testing and evaluation toward broader deployment of the company's long-range lidar technology. This demand spans a range of real-world applications, including mission-critical off-road autonomy in security and defense, space systems, industrial, material handling and logistics, robotics, and other intelligent systems operating in complex environments.</p><p>"These orders reflect the commercial progression we have been working toward, moving from evaluation and validation to deployment and ultimately greater scale," said Glen DeVos, Chief Executive Officer of MicroVision. "Importantly, this is not about a single customer or application. Multiple customers across North America and Europe are committing to our technology, collectively representing thousands of IRIS sensors and providing a clear path toward HALO adoption and recurring revenue tied to our high-margin perception solution."</p><p>The initial and repeat purchase orders also reflect the company's continued expansion beyond traditional automotive applications and into industrial and security and defense markets where autonomous systems increasingly require rugged, reliable, and scalable sensing and perception.</p><p>With immediately available inventory, deliveries of IRIS sensors are expected to support customer deployments and production programs in the near term, with customer migrations to MicroVision's next-generation HALO&#8482; lidar platform expected to begin over the late-2027 - 2028 timeframe.</p><p>Customer demand for IRIS generates near-term revenue, and also establishes a foundation for broader, higher-volume deployments of MicroVision's next-generation HALO hardware. This creates a pathway to recurring revenue and strong margins through the MicroVision perception solution, expanding the long-term revenue opportunity across both hardware and software.</p><p>"The significance of these orders goes beyond the number of sensors," continued DeVos. "Customers have invested significant time and resources integrating and validating IRIS within their platforms. Our product roadmap from IRIS to HALO allows them to preserve that investment while transitioning to a next-generation sensor designed for greater scale, positioning MicroVision to support customers as their autonomous platforms move from development into broader commercialization."</p><p><strong>About MicroVision</strong></p><p>MicroVision is defining the next generation of lidar-based perception solutions for industrial, security & defense, and automotive markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and open software solutions.</p><p>For more information, visit the company's website at<a rel="nofollow" href="https://pr.report/pfb6"> www.microvision.com</a>, on Facebook at <a rel="nofollow" href="https://pr.report/pfb7">www.facebook.com/microvisioninc</a>, and LinkedIn at<a rel="nofollow" href="https://pr.report/pfb8"> www.linkedin.com/company/microvision/</a>.</p><p>MicroVision, MOVIA, IRIS, HALO, SENTINEL and MOSAIK are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.</p><p><strong>Investor Relations Contact</strong><br/>Jeff Christensen<br/>Darrow Associates Investor Relations<br/><a rel="nofollow" href="mailto:MVIS@darrowir.com">MVIS@darrowir.com</a></p><p><strong>Media Contact</strong><br/>Heidi Davidson - For MicroVision<br/><a rel="nofollow" href="mailto:heidi@galvanizeworldwide.com">heidi@galvanizeworldwide.com</a><br/>(914) 441-6862</p><p><strong>SOURCE:</strong> MicroVision, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/microvision-announces-multiple-iris-orders-across-north-america-a-1210951'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1210951" width="0" height="0"/>

MVIS

MicroVision Announces Multiple IRIS Orders Across North America and Europe Evidencing Growing Commercial Adoption and Bridge to Next-Gen HALO

MicroVision Sees Strong IRIS Orders, Sets Path to HALO Revenue Growth

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Purchase orders representing thousands of IRIS sensors demonstrate expanding near-term customer demand and deployment, while establishing a path to next-generation HALO lidar REDMOND, WA / ACCESS Newswire / August 24,</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>MicroVision announced multiple customers across North America and Europe placing orders for thousands of IRIS long-range lidar sensors, signaling commercial validation as deployments move from testing to production. Inventory is ready for near-term deliveries, with HALO migration anticipated in 2027–2028, creating a pathway to recurring revenue from hardware and software.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Orders represent thousands of IRIS sensors across NA and Europe.</li><li>Customers move from testing to deployment with HALO adoption path outlined.</li><li>Inventory is immediately available for near-term deliveries.</li><li>HALO migration expected late 2027-2028, enabling higher-margin revenue.</li><li>Industrial, security, and defense demand broadens MVIS&#039;s addressable market.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>MicroVision, Inc. (MVIS)</strong>: Announced multiple customer orders for IRIS sensors and a roadmap from IRIS to HALO, signaling revenue growth.</li><li><strong>HALO lidar platform (N/A)</strong>: Next-generation platform expected to drive greater scale and recurring revenue; migration planned for 2027–2028.</li><li><strong>IRIS long-range lidar sensors (N/A)</strong>: Core product driving near-term deployments and revenue, with expansion into industrial/security markets.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article reports MVIS&#039;s order momentum, product roadmap, and revenue implications, fitting a corporate updates narrative with material near- and mid-term impact.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>IRIS orders provide near-term revenue visibility for MVIS.</li><li>HALO transition creates longer-term growth potential, timing uncertain.</li><li>Non-automotive demand broadens MVIS’s addressable market.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of press release: August 24, 2026.</li><li>Orders across North America and Europe represent thousands of IRIS sensors.</li><li>IRIS deliveries expected to support near-term deployments; HALO migration late 2027–2028.</li><li>Inventory for IRIS is immediately available for delivery.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term orders improve revenue visibility; HALO transition supports multi-year upside, likely within 12–24 months.</p>
  </section>
</section>


<p><i><strong>Purchase orders representing thousands of IRIS sensors demonstrate expanding near-term customer demand and deployment, while establishing a path to next-generation HALO lidar</strong></i></p> <p><strong id="dateline">REDMOND, WA / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / August 24, 2026 / </strong><a rel="nofollow" href="https://pr.report/pfb5">MicroVision, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MVIS">MVIS</a>), a leader in advanced perception solutions, today announced continued growth in the number of initial and repeating purchase orders from multiple customers across North America and Europe representing thousands of MicroVision IRIS&#8482; long-range lidar sensors for industrial and security and defense applications.</p><p>The continued growth in orders demonstrates commercial validation as customers move from development, testing and evaluation toward broader deployment of the company's long-range lidar technology. This demand spans a range of real-world applications, including mission-critical off-road autonomy in security and defense, space systems, industrial, material handling and logistics, robotics, and other intelligent systems operating in complex environments.</p><p>"These orders reflect the commercial progression we have been working toward, moving from evaluation and validation to deployment and ultimately greater scale," said Glen DeVos, Chief Executive Officer of MicroVision. "Importantly, this is not about a single customer or application. Multiple customers across North America and Europe are committing to our technology, collectively representing thousands of IRIS sensors and providing a clear path toward HALO adoption and recurring revenue tied to our high-margin perception solution."</p><p>The initial and repeat purchase orders also reflect the company's continued expansion beyond traditional automotive applications and into industrial and security and defense markets where autonomous systems increasingly require rugged, reliable, and scalable sensing and perception.</p><p>With immediately available inventory, deliveries of IRIS sensors are expected to support customer deployments and production programs in the near term, with customer migrations to MicroVision's next-generation HALO&#8482; lidar platform expected to begin over the late-2027 - 2028 timeframe.</p><p>Customer demand for IRIS generates near-term revenue, and also establishes a foundation for broader, higher-volume deployments of MicroVision's next-generation HALO hardware. This creates a pathway to recurring revenue and strong margins through the MicroVision perception solution, expanding the long-term revenue opportunity across both hardware and software.</p><p>"The significance of these orders goes beyond the number of sensors," continued DeVos. "Customers have invested significant time and resources integrating and validating IRIS within their platforms. Our product roadmap from IRIS to HALO allows them to preserve that investment while transitioning to a next-generation sensor designed for greater scale, positioning MicroVision to support customers as their autonomous platforms move from development into broader commercialization."</p><p><strong>About MicroVision</strong></p><p>MicroVision is defining the next generation of lidar-based perception solutions for industrial, security & defense, and automotive markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and open software solutions.</p><p>For more information, visit the company's website at<a rel="nofollow" href="https://pr.report/pfb6"> www.microvision.com</a>, on Facebook at <a rel="nofollow" href="https://pr.report/pfb7">www.facebook.com/microvisioninc</a>, and LinkedIn at<a rel="nofollow" href="https://pr.report/pfb8"> www.linkedin.com/company/microvision/</a>.</p><p>MicroVision, MOVIA, IRIS, HALO, SENTINEL and MOSAIK are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.</p><p><strong>Investor Relations Contact</strong><br/>Jeff Christensen<br/>Darrow Associates Investor Relations<br/><a rel="nofollow" href="mailto:MVIS@darrowir.com">MVIS@darrowir.com</a></p><p><strong>Media Contact</strong><br/>Heidi Davidson - For MicroVision<br/><a rel="nofollow" href="mailto:heidi@galvanizeworldwide.com">heidi@galvanizeworldwide.com</a><br/>(914) 441-6862</p><p><strong>SOURCE:</strong> MicroVision, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/microvision-announces-multiple-iris-orders-across-north-america-a-1210951'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1210951" width="0" height="0"/>

MicroVision announced multiple customers across North America and Europe placing orders for thousands of IRIS long-range lidar sensors, signaling commercial validation as deployments move from testing to production. Inventory is ready for near-term deliveries, with HALO migration anticipated in 2027–2028, creating a pathway to recurring revenue from hardware and software.

News insight

MicroVision Announces Multiple IRIS Orders Across North America and Europe Evidencing Growing Commercial Adoption and Bridge to Next-Gen HALO

AI summary

Sentiment rationale

Key facts

Corporate Developments