MicroVision appoints Scott Goldstein to defense advisory board

REDMOND, WA - MicroVision, Inc. (NASDAQ:MVIS), currently trading at $1.15 per share with a market capitalization of $282 million, announced Wednesday the appointment of Scott Goldstein to its recently established Defense Advisory Board as part of the company’s strategic expansion into the defense technology industry and military sector. According to InvestingPro data, the stock has experienced significant volatility, declining 28% over the past six months, though analysts maintain an optimistic outlook with price targets ranging from $2.00 to $2.50.

Goldstein currently serves as a Senior Vice President and Fellow at Parsons Corporation, where he leads technology and strategy activities in the Defense and Intelligence sector. His career includes over 40 years of military service in both the U.S. Army and U.S. Air Force, retiring as a Major General who oversaw space, cyber and research activities across the Department of Defense and intelligence community.

"Scott’s extensive operational and engineering experience in space, cyberspace, ISR systems and sensors, and many other R&D initiatives, brings incredible value to MicroVision," said Sumit Sharma, MicroVision’s Chief Executive Officer, in a press release statement.

Goldstein holds a Ph.D. in electrical engineering from the University of Southern California, has authored over 200 publications and holds five U.S. patents in areas including spread spectrum communications and advanced sensor data compression. He is an IEEE Fellow and has received both the IEEE Fred Nathanson Award and the IEEE Warren White Award.

MicroVision develops perception solutions for mobility and autonomy applications, with a focus on lidar hardware and software. The company’s technology portfolio includes MEMS-based long-range lidar and flash-based short-range lidar systems integrated with onboard perception software.

The company stated that the advisory board appointment aligns with its efforts to expand its technology offerings, which were initially developed for the automotive industry, into defense applications including semi- and fully autonomous airborne and terrestrial sensor systems. While analysts anticipate significant sales growth for the current year, InvestingPro analysis reveals challenges with gross profit margins and profitability. For deeper insights into MicroVision’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers, covering over 1,400 US stocks with actionable intelligence for smarter investment decisions.

In other recent news, MicroVision Inc. announced that its MOVIA lidar system is now supported on the NVIDIA DRIVE AGX platform. This integration allows automotive customers to utilize MicroVision’s lidar solutions seamlessly with NVIDIA’s AI computing platform, which is designed for autonomous driving applications. In addition, MicroVision has appointed Laura Peterson to its Board of Directors as Dr. Mark Spitzer retires. Peterson brings over 30 years of executive leadership experience, including roles at Boeing and Palladyne AI.

The company also updated its executive compensation structure with the approval of the 2025 Executive Bonus Plan, aimed at motivating and rewarding employees based on company performance and individual contributions. This plan allows for bonuses to be issued in cash, equity awards, or a combination of both. Furthermore, MicroVision is seeking shareholder approval to increase its authorized shares of common stock. CEO Sumit Sharma emphasized that this move is essential for executing the company’s strategic plan and does not imply an immediate issuance of shares.

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