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Investing.com -- Microvision Inc (NASDAQ:MVIS) stock rose 4% after the company announced its MOVIA lidar system is now supported on the NVIDIA (NASDAQ:NVDA) DRIVE AGX platform, potentially expanding its reach in the automotive sector.
The integration allows automotive customers to seamlessly utilize MicroVision’s perception-enhanced lidar solutions on NVIDIA’s AI computing platform, which is designed for autonomous driving applications. This development could accelerate the company’s opportunities with automotive OEMs by enabling faster integration into advanced driver assistance systems (ADAS) and autonomy platforms.
"With our MOVIA solution now supported on the NVIDIA DRIVE AGX platform via a plugin driver, we’re giving automotive OEMs and other partners robust point cloud data already processed by our powerful perception compute within the sensor," said Glen DeVos, CTO of MicroVision.
The company highlighted that its technology remains focused on serving as a key component for automotive safety features. MicroVision’s product lineup includes the MOVIA L sensor, designed specifically for commercial trucking applications, and the MOVIA S sensor, which the company claims will deliver high performance at competitive prices for high-volume automotive applications.
NVIDIA’s DRIVE AGX platform is recognized in the industry for its performance in developing functionally safe AI-powered vehicles, processing the complex workloads required for autonomous driving systems.
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