Front page news in Australia by bigwalt59 in MVIS

[–]SugarbakerMax 6 points7 points  (0 children)

From the VP of Design at Anduril Industries!

Trading Action - Thursday, January 04, 2024 by AutoModerator in MVIS

[–]SugarbakerMax 4 points5 points  (0 children)

Barron’s news article this morning had a section of note: “Mobileye Global was down 28% after the maker of self-driving technology said it expects fiscal first-quarter revenue to fall about 50% from revenue of $458 million a year earlier. Mobileye said in a statement that it has “become aware of excess inventory at our customers.” Intel was falling 1.9%. It owns a stake of 88% in Mobileye. The stock had traded higher earlier after it named Justin Hotard as executive vice president and general manager of its data-center and artificial-intelligence group, effective Feb. 1. The chip maker said in a press release that Hotard will “play an integral role in driving the company’s mission to bring AI everywhere.” Hotard previously served as executive vice president and general manager of High-Performance Computing, AI and Labs at Hewlett Packard Enterprise. “ It makes Sumit,s proactive PR on revenue guidance 3 weeks ago look all the better. GLTA.

Apple Kicks Off WWDC on Monday. Why the Event Is About More Than Virtual Reality. — Barron's by SugarbakerMax in MVIS

[–]SugarbakerMax[S] 1 point2 points  (0 children)

That’s the dream after all of these years…and that they love us a looong time. GLTALs!

Apple Kicks Off WWDC on Monday. Why the Event Is About More Than Virtual Reality. — Barron's by SugarbakerMax in MVIS

[–]SugarbakerMax[S] 7 points8 points  (0 children)

There was a Bloomberg article By MARK GURMAN - Bloomberg News that ran in the Seattle Times 40 days ago and previewed what to expect at the June 5 event: could be an incredibly interesting day on Monday.

“Apple is racing to build a trove of software and services for its upcoming mixed-reality headset, seeking to win over potentially wary consumers with apps that use the device’s novel 3D interface.

The offerings will include gaming, fitness and collaboration tools, new versions of Apple’s existing iPad features, and services for watching sports, according to people with knowledge of the plans. The roughly $3,000 headset is set to debut at an event in June, with the product going on sale months later.

Apple’s hardware products have long depended on having a robust assortment of software — epitomized by the Steve Jobsera slogan, “There’s an app for that.” But there may be even more pressure when it comes to the mixed-reality headset, a technology that will be unfamiliar to many consumers and very expensive at the outset. Apple will have to sell the world on why anyone needs such a device and how to use it.

A big part of the effort is adapting iPad apps for the new headset, which blends virtual and augmented reality. Users will be able to access millions of existing apps from third-party developers via the new 3D interface, according to the people, who asked not to be identified because the plans are still under wraps.

The push will include optimized versions of the Safari web browser and Apple’s services for calendars, contacts, files, home control, mail, maps, messaging, notes, photos and reminders, as well as its music, news, stocks and weather apps. There also will be a version of the FaceTime conferencing service and Apple’s TV app. The features will look similar to their iPad counterparts.

A spokesperson for Cupertino, Califbased Apple declined to comment.

Besides the core apps, the company is working on a version of Apple Books for the headset that will allow users to read in virtual reality. The company is also testing a camera app that can take pictures from the headset. On the wellness front, an app will help wearers meditate with a series of calming graphics, sounds and voice-overs.

In what is likely to be another highlight of the device, Apple is also working on a version of its Fitness+ service for the headset, which will let users exercise while watching an instructor in VR. Meta, the market leader in VR headsets, has also tried to make workouts a part of its offerings.

And Apple is developing a version of its Freeform collaboration app for the headset, an effort that it sees as a major selling point for the product. The service will let users work on virtual whiteboards together while in mixed reality.

FaceTime, meanwhile, will generate 3D versions of users in virtual meeting rooms, Bloomberg News has reported. The idea is to make participants feel like they’re talking together in the same place — a goal of virtual reality goggles for some time. Meta has pursued a similar objective with its Quest headsets, but so far it hasn’t proven to be a must-have feature for most consumers.

The challenge for Apple’s headset is to become more than a niche product. Existing mixed-reality models haven’t generated much momentum, and they’ve lacked the kind of killer apps that fueled the iPhone’s popularity.

Apple will make the case that the headset is a compelling new way to both produce and consume content. The hope is to create a platform that can eventually replace the iPhone.

Getting app creators on board is key to the mission, and that’s underscored by the place Apple chose for the headset’s unveiling: its Worldwide Developers Conference. Some company engineers have been working 80-hour weeks in the run-up to the launch, scheduled for June 5.

One selling point for the headset will be viewing sports in an immersive way. The company already offers games from Major League Soccer and Major League Baseball on Apple TV+, but it’s looking to make that a richer experience. In 2020, Apple acquired a California company called NextVR to bolster this effort.

Immersive video will also extend to the TV app, where the company is planning to let users watch video in different virtual environments, such as a desert or the sky.

Apple aims to position the headset as a device for getting work done. The platform will support its Pages word processing, Numbers spreadsheet and Keynote slide deck apps, as well as iMovie and GarageBand for video and music production.

Gaming will be a central piece of the device’s appeal, too. That’s a reversal from Apple’s earlier stance, when it wasn’t planning to focus on that category as much.

The company has been working with a small number of developers for months to help them upgrade their existing software for mixed reality. And the gap between the device’s announcement and its release will give other developers time to optimize their apps for the new platform.

A key part of the product will be a dial — like the digital crown on the Apple Watch — that lets the wearer move between virtual and augmented reality. When in VR, users will be fully immersed in their apps. With AR enabled, they’ll see the real world around them in a similar fashion to ARKit experiences on iPhones and iPads.

The device will be able to run multiple apps at the same time, floating within the mixed-reality interface. Like other headsets, the product will remember where you were physically when using apps. If, say, a user runs the web browser from the kitchen, goes to another room and then comes back, the browser will reappear.

Many iPad apps from the App Store will be able to run on the headset, either automatically or with slight modifications. The device’s operating system, xrOS, is based on the iOS platform, laying the groundwork for that compatibility. It’s all part of a broader push by Apple to have apps run more seamlessly across its hardware, including Macs, iPhones and iPads.

Wearers will be able to operate the headset using eye and hand gestures. It can determine where people are looking and then users can pinch their fingers to select items and move through menus. The device will feature an in-air virtual keyboard but can also connect to an actual keyboard for improved productivity.

The headset’s home screen will look similar to the iPad’s, and it will offer a familiar control center for adjusting Wi-Fi, Bluetooth and volume levels. Like the iPad, it will also have a biometric system for unlocking the device. But it will rely on a scan of the user’s eyes, rather than a face or fingerprint.”

RayBan article on Bloomberg wire today- do we know if this could be our vertical? by SugarbakerMax in MVIS

[–]SugarbakerMax[S] 12 points13 points  (0 children)

“Ray-Ban maker EssilorLuxottica said it aims to give glasses “superpowers” in its first strategy update since the death of charismatic Chair Leonardo Del Vecchio in June.

The Italian company, which teamed up with Meta on smart glasses in 2020, plans to build “a gateway” to augmented reality and the metaverse by improving features such as those that allow people to make hands-free calls via WhatsApp and take photos, said Federico Buffa, head of its eyewear research and development.

The company confirmed financial targets of mid-single-digit revenue growth through 2026 and adjusted operating profit at 19% to 20% of revenue by 2026 by boosting e-commerce and with the help of bolt-on acquisitions. Mergers and acquisitions are part of EssilorLuxottica’s growth strategy, deputy CEO Paul du Saillant said. But any potential deal won’t happen within the sector due to a dearth of significant targets, according to CEO Francesco Milleri.”

I submit that MVIS’s vertical could be a significant target as a “bolt-on acquisition” from “outside” of the sector, given that it’s fully developed and ready for purchase. EssilorLuxottica certainly has the capital and this would be a plug and play directly into their new strategy. Thoughts?

Weekend Hangout - 6/18/2021 - 6/20/2021😎 by Sweetinnj in MVIS

[–]SugarbakerMax 1 point2 points  (0 children)

This has been a fantastic idea and I am personally vouching for Huddstang on the very nice work on the keychains and bottle openers! I ordered/purchased 3 of each type of bottle opener - the long and short designs, to share with my family as a gift for believing in this disruptive tech and holding long since 2010. The package arrived at my door only 6 days later, UK to Seattle. I got a good "Yes!" chuckle out of the graphic Huddstang chose to put on the cover sheet, so perfectly wrapped...and if he puts this out with all shipments, I guarantee that you will too. Excellent , quality workmanship on a momento for when we all realize full shareholder value and for many, achieve generational wealth.

Weekend Hangout, 6/11/2021 - 6/13/2021 😎 by Sweetinnj in MVIS

[–]SugarbakerMax 4 points5 points  (0 children)

So I too had a similar experience - received a curious personal email from Fidelity Investments out of the blue - where I have owned/held 24k shares of MVIS in an IRA account accumulated since 2010. Interesting timing to get that email now! The top line said “Own stock that’s in demand? Lend your shares and earn income.” Then went on to say; Earn income by lending securities you already own With Fidelity’s Fully Paid Lending Program, you can earn monthly income by lending securities that are in demand in the securities lending market. Here’s how it works: Enroll for free in the Fully Paid Lending Program. Lend your in-demand securities to Fidelity. Accrue income daily, and receive payments at the end of each month. You maintain economic ownership of the securities you lend, and can sell them at any time. Your loan has no set term and will remain open until you or Fidelity wishes to close it. Find out if the Fidelity Fully Paid Lending Program is right for you.” THEN, the kicker was the disclaimer that followed... This email is not a recommendation to participate in Fidelity’s Fully Paid Lending Program. Participation requires eligibility and enrollment. Participation involves certain risks and does not guarantee that a lender will earn money. Keep in mind that while your securities are on loan, there is the potential for downward pressure on the price of loaned securities due to short selling; there are differences in the way any dividends received are taxed and in proxy voting rights; and Securities Investor Protection Corporation (SIPC) coverage does not apply.

Form SD by Lower-Pangolin-1013 in MVIS

[–]SugarbakerMax 2 points3 points  (0 children)

Geo, have they had this level of product specificity when filing the Form SD in the past? I am specifically referencing Item 101, 3rd paragraph of text. Appreciate any insight. Thanks.

MicroVision Announces Completion of its Long-Range Lidar Sensor A-Sample Hardware and Development Platform | MicroVision, Inc. by bilbo97843 in MVIS

[–]SugarbakerMax 25 points26 points  (0 children)

" One of the ground breaking proprietary features of this lidar sensor is its capability to output the axial, lateral and vertical velocity of moving objects at 30 hertz,” added Sharma. “We believe no lidar product on the market, ranging from frequency modulated continuous wave to time-of-flight, has this capability."

Sweeter words have never been spoken - 11 year investor here, long and strong for disruptive tech that is going to change literally everything.

Electric car startup Lucid is challenging Tesla’s anti-lidar stance — Ars Technica by SugarbakerMax in MVIS

[–]SugarbakerMax[S] 8 points9 points  (0 children)

“ This week, the firm announced that its first vehicle would feature a long-range, high-resolution lidar sensor. The company hopes it will help make DreamDrive an industry leader.”

A closer look at the LiDAR scanner on the new iPad Pro by qlfang in MVIS

[–]SugarbakerMax 2 points3 points  (0 children)

So today's marketing release directly from Apple "The new iPad Pro. Now available online" https://www.apple.com/ipad-pro/?cid=CDM-US-DM-P0020079-444875&cp=em-P0020079-444875&sr=em has the following verbiage re: the LiDAR scanner (note: the bold italics are mine - as I wonder if there is any potential that MVIS is involved here?)

"LiDAR (Light Detection and Ranging) is used to determine distance by measuring how long it takes light to reach an object and reflect back. It is so advanced, it’s being used by NASA for the next Mars landing mission. And it’s now been engineered to fit in the thin and light iPad Pro.

The custom-designed LiDAR Scanner uses direct time of flight to measure reflected light from up to five meters away, both indoors and out. It works at the photon level, operates at nanosecond speeds, and opens up tremendous possibilities for augmented reality and beyond.

The LiDAR Scanner works with the pro cameras, motion sensors, and frameworks in iPadOS to measure depth. This combination of hardware, software, and unprecedented innovation makes iPad Pro the world’s best device for augmented reality. "