Last week Sony announced the development of a pico projector module “equipped with Sony’s independently-developed image processing system, that uses laser beam scanning (LBS)” and “incorporates the PicoP technology developed by MicroVision, Inc.”
We are extremely pleased and gratified that laser beam scanning technology that MicroVision pioneered is being adopted by a technology leader and innovator like Sony. With its expertise in projector and optical technology, leadership in semiconductor lasers and track record with innovative, high quality consumer electronics, Sony’s interest in pico projection and adoption of LBS is a significant development for the market as a whole.
We have been supporting Sony in their development of this engine module since April 2013 and look forward to continuing our work with them.
In their press release Sony said that it “aims to bring it to market for use in pico projectors and other devices with projector functionality.” Since the release was published, MicroVision has gotten a number of inquiries asking for confirmation that our technology is being is being incorporated in Sony’s display module and asking for more details related to the terms of any agreements and forecasts for revenue related to the relationship.
We understand the strong interest Sony’s press release generated and we issued a release today confirming the adoption of PicoP display technology by this Fortune Global 100 electronics brand.
At this time we are not disclosing potential license and supply terms for future products resulting from the development of this engine module. We are engaged in discussions and negotiations on commercial terms for next level agreements and will announce terms as appropriate in the future.
For more information on Sony’s announcement, click here: