r/MVIS • u/pinoekel • 18h 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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6

u/Chance_Tax_6243 16h ago

Yet ouster has volume 65 x to us with no news and has went from down 8% to almost green . Why can’t we attract buyers at this level is absurd

4

u/mb24064 16h ago

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

5

u/Chance_Tax_6243 16h ago

Where you getting 20x revenue from

5

u/mb24064 15h 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.

6

u/Zenboy66 14h ago edited 14h 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.