• Skip to content
  • Skip to footer

Microvision

Pioneer of PicoP Scanning Technology

  • Technology
  • Investors
    • Investor Overview
    • Press Releases
    • Presentations
    • Investor Events Calendar
    • Financial Reports
      • Quarterly Reports
      • Annual Reports
      • SEC Filings
      • Fundamentals
    • Leadership Team
    • Corporate Governance
      • Highlights
      • Committee Composition
    • Analyst Coverage
    • Stock Information
      • Stock Quote/Chart
      • Historical Price Lookup
    • Sign Up for Email Alerts
    • Contact Us
  • Our Company
    • Careers
    • Leadership
  • Newsroom
  • Contact

Microvision Awarded Army Contract to Design Flight-Capable Full-Color Helicopter Display

July 12, 2002 By JSMT Media

Microvision Awarded Army Contract to Design Flight-Capable Full-Color Helicopter Display
7/12/2002 6:01:00 AM
BOTHELL, Wash., Jul 12, 2002 (BUSINESS WIRE) — Microvision, Inc.
(Nasdaq:MVIS), announced today it has been awarded a $500,000 contract from the
U.S. Army to develop a flight-capable full-color display — based on the
company’s Spectrum(TM) display system — for demonstration on an Army
helicopter.

The contract comes from the Army Aircrew Integrated Systems Product Office
awarded through the Aviation Applied Technology Directorate (AATD), Fort Eustis,
Virginia.

The contract calls for Microvision to integrate Microvision’s Spectrum display
with the Force XXI Battle Command Brigade and Below (FBCB2) system to
demonstrate an affordable solution to upgrading legacy aircraft to the modern
digital battle space requirements. The FBCB2 forms the Army’s principal digital
command and control system.

Microvision will integrate, test and loan to the government for evaluation a
Spectrum color system for flight-testing in a UH-60L Blackhawk helicopter. The
company expects to complete the required display ruggedization design and
implement a flight demonstration at Fort Eustis, VA, within the next 12 months.

Spectrum is Microvision’s daylight-readable, full-color, see-through personal
display. Microvision designed the display as an application development platform
for select partners for use in advanced research and application studies.
Spectrum uses Microvision’s proprietary scanning display technology and is
configurable as a monocular (one eye), biocular (two eyes), or binocular
(stereoscopic) display. The company recently sold a Spectrum system to the
Cleveland Clinic for use in image-guided surgery.

The expectation of this contract award was referenced in the Company’s
first-quarter earnings press release dated May 9, 2002.

About Microvision: http://www.mvis.com

Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company’s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products.

Forward-Looking Statement

Certain statements contained in this release, including plans for display system
development, as well as statements containing words like “believe,”
“anticipate,” “estimate,” “intend,” “expect,” and other similar expressions, are
forward-looking statements that involve a number of risks and uncertainties.
Factors that could cause actual results to differ materially from those
projected in our forward-looking statements include the following: market
acceptance of our technologies and products; our financial and technical
resources relative to those of our competitors; our ability to obtain financing;
our ability to keep up with rapid technological change; government regulation of
our technologies; our ability to enforce our intellectual property rights and
protect our proprietary technologies; the ability to obtain additional contract
awards and to develop partnership opportunities; the timing of commercial
product launches; the ability to achieve key technical milestones in key
products; and other risk factors identified from time to time in our SEC
reports, including in our Annual Report on 10-K for the year ended December 31,
2001, and our Quarterly Reports on Form 10-Q.

CONTACT:
Microvision Inc., Bothell
Matt Nichols (media), 425/415-6657
Brian Heagler (investors), 425/415-6794

URL: http://www.businesswire.com
Copyright (C) 2002 Business Wire. All rights reserved.

Filed Under: Uncategorized

Footer

About MicroVision

MicroVision is the creator of PicoP® scanning technology, an ultra-miniature sensing and laser projection solution based on the laser beam scanning methodology pioneered by the company. MicroVision’s platform approach for this advanced sensing and display solution means that it can be adapted to a wide array of applications and form factors. It is an advanced solution for a rapidly evolving, always-on world.

Connect With MicroVision

6244 185th Ave NE
Suite 100
Redmond, WA 98052

Copyright © 2021 · MicroVision · All Rights Reserved

Terms & Conditions | Privacy Policy

Web Design Agency - JSMT Media