MicroVision (MVIS) has integrated its MOVIA lidar system with the NVIDIA DRIVE AGX platform, allowing automotive clients to seamlessly incorporate its perception-enhanced lidar solutions into their systems. The NVIDIA platform is designed for scalable and energy-efficient capabilities for autonomous driving. Analysts forecast an average target price of $2.25, implying an upside of 73.08% from the current price of $1.30. The estimated GF Value for MVIS in one year is $5.27, suggesting a 305.38% upside from the current price.
MicroVision, Inc. (NASDAQ: MVIS) has announced a significant development in its lidar technology by integrating its MOVIA lidar system with NVIDIA's DRIVE AGX platform. This move aims to accelerate the adoption of perception-enhanced lidar technology in the automotive industry, particularly in advanced driver-assistance systems (ADAS) and full autonomy platforms.
The NVIDIA DRIVE AGX platform is a high-performance, scalable, and energy-efficient AI computing system designed to handle the complex workloads required for autonomous vehicles. By integrating MOVIA via a plugin driver, MicroVision enables automotive OEMs and partners to access rich, processed point cloud data directly from the lidar sensor [1].
Key benefits of this integration include reduced need for additional computing resources, simplified system architecture, and faster deployment of lidar solutions in ADAS and full autonomy platforms. Glen DeVos, MicroVision's Chief Technology Officer, highlighted the cost efficiency and onboard perception capabilities of the MOVIA sensors, making them highly competitive in commercial trucking and high-volume automotive applications [1].
MicroVision's product strategy includes two main offerings: MOVIA L, a fully industrialized, solid-state sensor designed for commercial trucking fleets, and MOVIA S, an upcoming sensor expected to deliver high performance at a lower price point, targeting mass-market vehicles [1]. The company views this collaboration with NVIDIA as a significant step in accelerating its entry into the global automotive market while continuing to explore broader industrial applications for its perception technology [2].
Analysts forecast an average target price of $2.25 for MicroVision, implying an upside of 73.08% from the current price of $1.30. The estimated GF Value for MVIS in one year is $5.27, suggesting a 305.38% upside from the current price [2].
References:
[1] https://theoutpost.ai/news-story/micro-vision-s-movia-lidar-system-now-supported-on-nvidia-drive-agx-platform-18311/
[2] https://ir.microvision.com/news/press-releases/detail/426/microvision-movia-lidar-now-supported-on-nvidia-drive-agx
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