Thursday, June 6, 2013

Microvision ASM Update

At this years annual general shareholders meeting, Microvision shareholders were able to see live demonstration of the Gen2 HD engine embedded within a kindle fire.  Microvision CEO, Alexander Tokman, demonstrated the device which is one of many possible products that Microvision's engine could be embedded into. The technical specs of Microvision new Gen2 is impressive. The engine projects a high definition 35 lumen image compared to the 15 lumen standard definition image from the first generation engine. According to those in attendance, Microvision restated their 4.6 million dollar partnership with a Global Fortune 100 electronics company, additional direct green laser manufactures by years end, burn rate reduced to 1M per month, 50 lumens is the goal, and are discussing possible additional products with Pioneer.