MicroVision reported second quarter 2026 results with revenue of $1.5 million and a net loss of $36.9 million ($1.66 per share). The company completed a 1-for-15 reverse stock split effective August 1, 2026, to maintain Nasdaq compliance. Operational highlights include the launch of the MOVIA Air product family for autonomous aerial applications and a long-term development agreement with a construction OEM. Management improved full-year cash burn guidance to approximately $60 million. The company ended the quarter with $27.2 million in cash and has access to $68.4 million in capital, including an existing ATM facility. MicroVision operates in the advanced perception solutions industry, developing lidar-based hardware and software for automotive, industrial, security, defense, and robotics markets.
