ASM

Notes on the ASM. The opinions are my own, the recollections are my own and I'm not perfect, it's entirely possible that other people heard the same things in a different way.

LiDAR

The first thing I stopped at in the Demo room was the LiDAR. It's very much smaller than it used to be: the size of the candy-bars the cheap people give away on Halloween (fun sized). Tiny. Currently 17 million pps at 8 meters, working on 20. (something about software and processors.) 

• Designed with direct input from OEMS / Customers who will be using it. (This is not a solution in search of a problem... it already has places to go.)
• Gesture control will be big.
• Built with Machine intelligence
• Autonomous cars may be a ways out, but ADAS is being implemented, and there will probably be government requirements for it in a couple of years. 
• Confirmed that this is considered a "solid-state" LiDAR.

TIER ONE OEMS

• We have THREE (so far)
• We are producing components of products that have other component suppliers
• possible that one of the other component suppliers may have some kind of issue
• TIER one OEMS are now calling Microvision
• Sales funnel is excellent - they are very happy with it
• They are talking to upper management on specific solutions
• MVIS solutions can go from zero to very large numbers
• "Now it's going to turn into money."

China

• China trade tensions are big, and may change the environment we're working in. 
• Some components are manufactured in China
• Some manufacturing may move (Brazil, Mexico, Vietnam, Canada...)
• Not sure of any possible impact, but of course watching the situation closely -- and the Tier one companies are watching it as well (we don't necessarily know what they're thinking or what they're going to do)

Q2 2017 Contract (Hololens?)

• PO has no material hurdles, it's in a document finalization stage" 
• The signing of the PO will be a material event
• They WILL be shipping product in June (this wasn't qualified with uncertainty indicators --- no "if" or "likely" or "planned" modifier to the statement.

There was also some hearsay that this Tier one company would likely announce us-- we wouldn't need to wait for a teardown of the product to find Microvision within.

Spent the better part of the afternoon after the ASM with other investors  (Brian --not Turner -- Mike and Kristie -- who may share their online personas if they wish.) 

We headed over to Microsoft to their visitor center to experience Hololens and chat about where we are or where we're going. Well spent time.