MicroVision, Inc. (MVIS) stock is trading higher by almost 3% during Monday's premarket session after the company announced on Sunday an expanded collaboration with FieldAI, a developer of autonomous robotic systems for government and industrial applications.
The collaboration will broaden FieldAI's efforts to integrate MicroVision's sensing solutions into autonomous ground and aerial platforms, potentially creating new commercial opportunities in defense, industrial robotics and autonomous navigation.
Lidar at the Core of Autonomous Robotics
The expanded partnership follows FieldAI's Federal division evaluation of MicroVision's IRIS long-range lidar sensor on autonomous ground vehicles.
The companies also demonstrated an advanced aerial mapping solution integrating MicroVision's MOVIA Air Plus sensor with the Robinson Unmanned Spirit drone.
In addition, FieldAI has purchased MicroVision MOVIA sensors for development and evaluation activities spanning both government and industrial autonomous robotics initiatives.
MicroVision CEO Glen DeVos highlighted the company's ability to deliver sensing solutions supporting autonomous robotics through long-range perception for autonomous ground vehicles, real-time 3D mapping and obstacle detection.
Short Interest Adds a Little Extra Juice
MicroVision's elevated short interest may have amplified Monday's move, as recent strong earnings potentially prompted investors betting against the stock to cover their positions.
The company has a short float of 7.15 million shares, representing 21.1% of its publicly traded float according to market data, indicating a relatively high level of short interest among investors betting against the stock.
With a market capitalization of about $46 million as of Friday's close, MicroVision remains a micro-cap stock vulnerable to sharp price swings amid elevated trading activity.
The Numbers Behind the Move
The development follows MicroVision's third-quarter results reported on Oct. 28.
MicroVision reported year-to-date revenue of $4.8 million, nearly five times the $1.0 million reported through the first nine months of 2025.
It expanded its gross margin to 50%, compared with a negative gross margin in the prior-year period.
Adjusted EBITDA loss also narrowed to $11.1 million from $11.7 million.
The company reiterated its full-year 2026 revenue guidance of $10 million to $15 million, based on high customer demand, purchase order backlog and rapidly expanding shipping schedules.
MicroVision also projected revenue to be at least double in 2027 and a reduction in cash burn to $40 million for the year.
DeVos highlighted key developments such as new defense programs including Overland AI, an exclusive strategic alliance bringing immediate ITS revenue and Blue-Band commercial contracts, and entry into high-speed optical connectivity for AI data centers by its subsidiary, Scantinel.
MVIS Price Action: MicroVision shares were up 2.96% at $1.39 during premarket trading on Monday. The stock is trading near its 52-week low of $1.08, according to market data.
