Sumit is the man. You can tell he believes in the product. His smirk about AR is pretty telling IMO...and even some shots about how they already have tech to beat everyone in the space. Love it.
There is no other CEO in the sector that can speak to the technology, market, and opportunity this eloquently and confidently. I didn't think it was possible, but I just became an even bigger Sumit Sharma fan.
lol you must never seen the other CEO's! take a look at the team on ouster automotive. the only difference is that ouster actually has better tech that's in production and selling to customers. sumit just over here saying what sounds nice to investors without showing anything in production. Sumit's job is to sound confident. it's funny how are deceived that easily
@@techwithzeeshan222 bro they mass reported 3 accounts! 1 got banned within 10 mins of posting. it's sad, they even do it on webull except the comments just get hidden from public.
I love being a shareholder in this company! "We stay HUMBLE"- how often do you hear that from the #1 leader in their field? Sumit is an amazing CEO and I can't wait to see the success of this company!
you're being deceived. his job is to be confident in these situations. sumit acts like he's the overseer of Lidar and knows all. sorry to say but he's not an expert in the lidar other companies are developing, most of it which is kept top secret from him. ouster is already way ahead of microvision.
@@partypooper8198 not based on the specs they put out they are not. SS was an engineer first so I do consider him an expert on LiDAR. He is very confident that no LIDAR company has signed anything exclusive with an OEM yet and the fact that he knows that gives me confidence.
HoloLens is a Microsoft product. Sumit Sharma stated it's in the past. Himax provided parts for HoloLens 1. MicroVision for HoloLens 2. Now somebody more reliable will provide parts for HoloLens 3. You can't default on your production commitments to a company like Microsoft and expect to get a new contract from them or other big companies. Word gets around about how unreliable MVIS is as a parts supplier.
@@techwithzeeshan222 "Word gets around about how unreliable MVIS is as a parts supplier." What evidence do you have for that statement or the one below where you're imply MVIS-licensed display technology is not in IVAS?
you sound like you're in a cult, not an investment. FYI SS will NEVER "say so". you will be lifetime bag holding with your cult mentality for a CEO that has NO IDEA who YOU even are! lol
@@megstocks6206 soo what's your point? you're losing profit damn near every day for the last 5 months. if you didn't take profits at all this whole time i genuinely feel bad for you being so gullible and brainwashed. pretty sad you all love this CEO and treat him like a god for pretty much no reason except claims of "best in class lidar" which production has been delayed 3 times! have fun waiting for SS "to say so" hahahaha
So how come Tesla got rid of its lidar? He says if meets and exceeds what manufacturers require. But does not give numbers. He does talk a good story but I gotta see some deliverables.
Elon Musk has a weird fixation on creating a robot vision system that is comparable to the human eye/brain... as if that's a rational goal, which IMO it isn't. There's no reason to be limiting that capability. Currently, production Teslas only have RADAR to supplement the very flawed camera-based vision system, but RADAR has its own flaws that cameras do not entirely make up for. There are currently ongoing lawsuits against Tesla on the safety of self-driving cars, including a situation where cops were slammed into. Tesla using LIDAR on their AI-learning cars and then depriving their production cars of LIDAR will probably become a key subject of these lawsuits. There's no good reason not to use all three at once on production models, since all three sensor types have different strengths that partially fill in the gaps & weaknesses of the others.
Musk wants to create human-like vision using cameras, and while Tesla trains their AI with LIDAR, they deprive the production units of LIDAR. Interestingly, though, LIDAR does things that camera sensing and even RADAR cannot do reliably.
it's more expensive, or at least it use to be. also it use to require a rack on the roof with a large sensor. now they make small forward facing units that can be concealed
It's funny watching the shorts squirm in the comments section here as they try to drive the price down more. I think they know the end is near and they are caught in a bad spot at this point. They refuse to acknowledge the fact that MVIS opened an office in another country in the middle of a pandemic. That country happens to be where there are plenty of luxury OEMs are headquartered. They refuse to acknowledge the fact that there are other verticals such as IVAS. Its going to be glorious watching these shorts in a complete panic meltdown in the coming months while the rest of us investors cash in.
The only questions I care about is: which actual cooperations do you have with OEMs? / what is the volumes of orders in your pipeline? / when do you expect orders and of which magnitude? Everything is noise if not translated in sales. But if Microvision really is leading technology and has the logistics in order to deliver on orders, the magnitude of the company will be huge.
@@Reticuli "Some?" The company itself and all of the investors. It the estimates, they messed in every field they could on the financials and on the pr side.
MicroVision licensed their augmented display technology to Microsoft for a tiny fraction of what it cost MicroVision shareholders to develop over the last 25 years. Amazon has now started using MicroVision's interactive display ideas without any compensation or recourse. Apple is doing VRD virtual reality technology that Thomas A Furness invented at University of Washington and MicroVision was created to commercialize... again, without any recourse. Please provide examples of MicroVision protecting its IP from predatory whales and OEMs, and why anyone should think the rest of the current MicroVision portfolio (and anything they come up with in the future) will actually have return-on-investment for shareholders.
Critical and absolutely legitimate question. Such questions should be asked to the CEO. Have you ever bothered to send the company a mail? I actually did in the past and have sometimes received a reply and even talked to the ceo of TrackX for around half an hour. Such questions can be addressed.
@@Politik-mit-Kopf I've tried. I just get IR. Also sent questions for quarterly earnings meetings and it's just the same funds' softball questions instead. Anyone who criticizes MVIS IP is a certifiable moron, but I see a company with 25 years of incredible IP that has an 'agency problem'. MicroVision has astronomical potential, but a long history of being a vehicle for the benefit of third-parties and their own execs & employees, but not really their shareholders. I would love nothing more than for them to grow a backbone and live up to their fiduciary responsibility to shareholders, but instead we get the new CEO talking about how they don't need to do anything more to advance AR or VRD, and if someone wants to buy it from them, they can. Ludicrous. The rest is going on about OEMs or buy-outs like the old sister in a Jane Austen novel obsessing over why she isn't married yet. They need to protect their IP and make their own destiny happen. Instead they seem very comfortable and relaxed with the same old pattern. What really upset me and has me finally speaking out in a bigger way is this thing with the whale they were working on the interactive tabletop display with. We had a good idea it was Amazon, and now MVIS is cut out of it and the response is simply "MicroVision is not inside this new product." WTF. BTW, if I bring this stuff up on the Reddit forum, my comments often get predictably down voted and then hidden.
@@Reticuli I also believe it’s wise to ask the inconvenient questions in order to dig up the problems. Your rationale is convincing to me. I guess I can only recommend to continue contacting and annoying the company. I also find it distressing how bad some company’s IR is and how little they seemingly care. I had the same thing with two different companies myself. To me the CEO of Microvision also didn’t sound convincing. I keep my shares but my gains are melting away like ice cream in the sun.
@@Politik-mit-Kopf Hmm... Ice cream while watching Dune again. That will make me forget losing nearly a million dollars in unrealized gains... at least for a few hours. I'd like to see MicroVision change. That would be worth me putting more money into them at the lower price.
@@joannamakris243 you don’t have to explain anything to nobody on the decorations that you have in your home. Especially trolls/strangers in the RU-vid comment section that you’ll never meet.
It is the equivalent of a start up company, that started in the fkn 90s. Insiders own fuck all shares in the company…. That is a huge red flag. If sumit sharma believed his own bullshit, insiders would own more shares
Past negotiated, dummy. Stop lying. HL3 is not based on IVAS but is rather a cheaper scaled-down consumer version of the enterprise HL2. You have no idea what exact components are inside IVAS.
Sumit sharma is very ignorant or very deceptive. The price of his sensor is $1000. The price of Luminar is half, $500. Luminar's patented processes lowered the cost of 1550nm lasers so they are competitive with cheaper, inferior, off-the-shelf 905nm. The majority of lidars for automotive use have rejection of interference. This interference immunity is not unique to MicroVision. Nothing MicroVision makes is unique. Their patents do not prevent others from making better lidar or better AR. This company excels at diluting shareholders and making flops for 28+ years. This man is afraid of tough question from Cramer so he chose a friendly interviewer who previously held MicroVision.
Why would you need 360° at that distance? Wouldn't it be more cost effective to use low range sensors for the majority of your vehicle, and lidar for the front and possibly rear?
Only if you're dumb enough to use a focused long range lidar to monitor the sides. If only the lidar module could dynamically increase its viewing angle to look at things closer.... Oh... it can.
@@B451C411Y Does it make sense for an autonomous delivery vehicle to mount one 360 degree unit or multiple MVIS units? The point is cost, weight, size, performance are not the strong advantages he claims. For manned cars, yes, one long range lidar is sufficient except that MVIS long range has an incredibly small field of view and inferior range. That means it's not likely the best choice and certainly cheaper units can be used for the side or back (maybe even non-lidar).
A human driver doesn’t have a 360 degree long range view either. Only one in the front of the vehicle behind the upper windshield and possibly a second one facing the rear is needed.
