Redmund, WA--Picoprojector maker MicroVision, Inc. (NASDAQ: MVIS), has entered into a memorandum of understanding (MOU) with Pioneer Corporation of Japan to develop, manufacture and distribute laser display engines and display engine subsystems for consumer and in-vehicle head-up displays (HUDs) using the MicroVision PicoP laser display technology. Pioneer is a major original equipment manufacturer (OEM) of high-performance audio, video and computer equipment for the home, car and business markets.
Earlier this year, the two companies executed a joint development agreement to develop two critical components of the PicoP display engine: a laser light source module using direct red, blue, and green lasers and a separate display engine subsystem based on MicroVision's patented PicoP laser scanning technology. Both are key pieces of the next-generation PicoP display engine that will offer OEMs significant commercial advantages in price, size, power, and performance for embedded solutions ranging from cell phones and eyewear, to airplanes and automobiles.
The MOU establishes the framework of a future manufacturing and commercial distribution agreement for PicoP-based display engines to be used in consumer, after-market and embedded automotive products. Pioneer has announced it is targeting commercial introduction of an in-vehicle HUD using PicoP technology into the consumer market in 2012.
"Pioneer has a strong history of bringing cutting edge technologies to mass markets," stated Alexander Tokman, president and CEO of MicroVision. "We believe that by combining our respective market and product development capabilities, and leveraging best practices in manufacturing, MicroVision and Pioneer can accelerate introducing next-generation laser display products while reducing the total cost for both companies in getting there."
Source: MicrovisionPosted by Steve AndersonFollow us on TwitterSubscribe now to Laser Focus World magazine; Itâs free!
Earlier this year, the two companies executed a joint development agreement to develop two critical components of the PicoP display engine: a laser light source module using direct red, blue, and green lasers and a separate display engine subsystem based on MicroVision's patented PicoP laser scanning technology. Both are key pieces of the next-generation PicoP display engine that will offer OEMs significant commercial advantages in price, size, power, and performance for embedded solutions ranging from cell phones and eyewear, to airplanes and automobiles.
The MOU establishes the framework of a future manufacturing and commercial distribution agreement for PicoP-based display engines to be used in consumer, after-market and embedded automotive products. Pioneer has announced it is targeting commercial introduction of an in-vehicle HUD using PicoP technology into the consumer market in 2012.
"Pioneer has a strong history of bringing cutting edge technologies to mass markets," stated Alexander Tokman, president and CEO of MicroVision. "We believe that by combining our respective market and product development capabilities, and leveraging best practices in manufacturing, MicroVision and Pioneer can accelerate introducing next-generation laser display products while reducing the total cost for both companies in getting there."
Source: MicrovisionPosted by Steve AndersonFollow us on TwitterSubscribe now to Laser Focus World magazine; Itâs free!