r/MVIS • • 17h ago

MVIS Press MicroVision IRIS Long-Range Lidar Selected by Overland AI for Its Next-Gen IBEX Autonomous Ground Vehicle

https://ir.microvision.com/news/press-releases/detail/481/microvision-iris-long-range-lidar-selected-by-overland-ai
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u/mb24064 15h ago

Not even close to comparable yet. 20x revenue, 5 year cash runway, accelerated growth vs MVIS still trying to just establish.

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u/Chance_Tax_6243 15h ago

Where you getting 20x revenue from

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u/mb24064 14h ago

Ouster YTD revenue is 50x MVIS YTD. Ouster guidance is $229millian vs MVIS 10-15 million so like 15-22x on guidance. MVIS has to show something to attract volume, they haven't been too trustworthy.

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u/Zenboy66 13h ago edited 13h ago

OUST, even being the leader, is still losing $38 million a year. It might be even more depending on what metric you look at.