MicroVision Signs Development Agreement With Major Auto Manufacturer for Head-up Display

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Today, MicroVision released its Q2 2011 operating results.  In addition, the company announced that it has signed a development agreement with a major automotive manufacturer to incorporate its proprietary PicoP® technology into a Head-up Display (HUD).  Commercial introduction of this mass production car is slated for 2014. 

 

This agreement includes the delivery of samples during the development of the HUD system with a series of milestones along the way.  The development agreement covers MicroVision, the automotive manufacturer, and a Tier I supplier.  Additional terms of the agreement were not disclosed.

 

We've been following the progress of MicroVision PicoHUD for some time.  More recently, these developments included a joint agreement between MicroVision and Pioneer.  The video below gives you an idea of how the HUD system would work.