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MicroVision & STMicroelectronics: Now Co-Marketing MEMS mirror-based Laser Beam Scanning solutions

November 21, 2016 By MicroVision

As you’ve likely heard by now, we’ve announced a co-marketing agreement to develop, sell, and market Laser Beam Scanning technology with STMicroelectronics. Thanks to everyone who has expressed just as much excitement as us!

MicroVision and STMicroelectronics

We will cooperate closely on market development efforts including joint sales and marketing for LBS solutions for markets that are being targeted by both companies: pico projection, automotive HUD and ADAS, 3D sensing, and augmented and virtual reality. In addition, we anticipate combining the process design and manufacturing expertise from ST with our expertise in LBS systems and solutions to explore collaborative options on future technology development, including a joint LBS roadmap.

MicroVision will also pursue patent licensing agreements with the OEMs and ODMs making engines with ST components. We have signed one agreement with a Taiwanese ODM related to this co-marketing relationship. Under the license agreement with the ODM, MicroVision would receive a royalty payment from the ODM for each LBS engine the ODM sells. We are pleased to have signed the license agreement and believe it demonstrates the value of our LBS intellectual property while opening up opportunities for new LBS products in the market.

We’ve established a close working relationship with ST over the past several years – currently, ST manufactures our MEMS mirror and one of our ASICS. As time went on, we uncovered common interests and complementary skills in the LBS ecosystem, so this new partnership was a natural step in our joint effort to support market growth.

ST is a world leader in its field and we’re so pleased to have aligned with them as we continue on our journey of unlocking the vast opportunities for our PicoP® scanning technology.

 

Filed Under: Newsroom Tagged With: 3D sensing, ADAS, augmented reality, HUD, laser beam scanning, LBS, MEMS, Microvision, Pico projection, PicoP, picop scanning technology, stmicroelectronics, virtual reality

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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.

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