The original investing premise for Microvision: Everyone wants a smaller device and a bigger screen

STILL HOLDS TRUE.

Just add some LiDAR into the mix.

The video (I'm about 4 minutes in so far, is a great explanation of AR, and how MicroVision can create more screen real estate.)

AUGMENTED reality Near Eye Displays are worth at least what LiDAR will be worth.

I think a LOT more. 

We are likely in my opinion to get more value in the near term from LiDAR.

What's it worth? 

My recent price target was Minimum of LAZR X 2 Market cap. 

I stand by all my valuation estimates still and I'm happily holding.

APPLE, GOOGLE, AMAZON & MICROSOFT are ALL WORKING ON AUGMENTED REALITY AND SELF-DRIVING VEHICLES....

 Four Companies are all working on two things as "the next big things" Augmented Reality and Self driving vehicles.

Combined they are worth 6.921 Trillion
Together they have 340 billion in cash

If they have a bidding competition for key technology that will give them an edge against the others, how much would they be willing to pay? 

Is 20 Billion too much? (That's about $130/share)

Keeping it REALLY Simple.

 Benchmark --- LAZR  -- Upstart LiDAR company.

Approximate Valuation: 10 Billion. (MicroVision's LiDAR is better)

At the same value: 10 Billion / 152 Million = $66

I consider the near eye display to be worth MORE than the LiDAR -- it certainly I think will be at least as widely used. Now that we have a value for LiDAR, I'm significantly adjusting my guess on NED -- I'm keeping my guess simple.

Market Fear Of Missing Out (FOMO) is likely more important than fundamentals... And the fundamentals here are REALLY good.

Give it a comparable valuation:

$66 + $66 = $132


Review previous Value Posts

Value LiDAR

The Beats Exercise 

Near Eye Display

Sundance Festival, Augmented and Virtual Reality category

More and more AR and VR are showing up, and getting more mainstream. A couple of tastes from the Sundance Film Festival

The Verge





Facebook-owned VR giant Oculus often shows off new narrative projects at Sundance, even when they’re not on the official slate. This year, it revealed an immersive theater experience called The Under Presents, which featured human actors playing roles in a surrealist cabaret. The high-profile AR startup Magic Leap also made its Sundance debut this year in New Frontier, where three pieces used its Magic Leap One headset.

BEST AUGMENTED REALITY: A JESTER’S TALE

Created by: Asad J. Malik

A Jester’s Tale is something between a fairy tale and a CAPTCHA test, and it’s by far the weirdest of three Magic Leap-based installations. To experience it, you walk into a physical re-creation of a child’s bedroom, at which point, a disembodied entity demands proof of your humanity to continue. The test? Using voice and object recognition, help act out an odd, disturbing story about a child and his pet rats.

Hololens Creator

AR is coming, it's going to be huge, and it's nice to be in the spot where you have the best AR display.

Windows Central



The phone is already dead. People just haven't realized. The potential of these devices is that they could one day replace your phones, TVs, and all these screens. Once your apps, videos, information, and even social life are projected into your line of sight, you won't need any other screen-based gadgetry … [it's] the 'natural conclusion' of mixed reality.

VR used for training is saving lives and money.

It's been a ridiculously busy couple of weeks....

It looks like Hololens will get an announcement at MWC. 

...and Hololens... Augmented reality is going to be much more useful than VR, will make training better, and improve human performance in obvious and measurable ways. 

I think it will take people out of their phones and put them back with each other -- and make them better at doing actual things.

It will also have unintended negative consequences -- and positive outcome.

thx Joe.

(Things should be fairly calm around here for a couple of weeks.)

Fast forward to about 4:00 for good stuff about Hololens, but the whole video is worth your time.



Virtual reality training by companies like Microsoft is saving lives, millions of dollars, and ensuring the future of mixed reality from CNBC.


CNBC -- Use of AR & VR for industry and business

Now, VR is widely used to train employees at major companies like Walmart and Chevron. At Tyson Foods, VR safety training reduced injuries and illnesses by 20 percent.


It's also saving these companies millions of dollars, and bringing profits back to creators of VR headsets and software.

Hololens cheaper and lighter and...

Go find any other instance of depth sensing within an image generation optical system.

MVIS's system is that.

I believe this is very powerful evidence MVIS is inside....

...and the evidence suggests that Hololens functionality will be included in everyone's Windows 10 installation in April or so.


Techradar

As the patent explains: “The disclosed optical system thus eliminates the need for both a dedicated image-generation optical system and a dedicated terrain-mapping optical system within a device that requires these dual functionalities…the disclosed optical system represents a substantial advance toward producing compact and lightweight NED devices.”