MicroVision is acquiring certain assets from Luminar Technologies, including intellectual property and inventory related to the Iris and Halo lidar sensors, as well as key engineering and operations personnel and select commercial contracts and orders. The deal follows a competitive auction process and involves a cash purchase price of $33 million for assets, employees, and contracts tied to Luminar's lidar business. The closing of the acquisition is subject to customary conditions, with court approval expected on January 27, 2026, and completion anticipated on or shortly after February 2, 2026. MicroVision plans to provide additional information regarding the acquisition at its next earnings call.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microvision Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-004505), on January 30, 2026, and is solely responsible for the information contained therein.