MicroVision to Acquire Luminar Lidar Assets in Bankruptcy

Microvision ( (MVIS) ) has provided an update.

On January 26, 2026, MicroVision entered into an asset purchase agreement to acquire from Luminar Technologies key assets of Luminar’s lidar sensor business, including intellectual property and inventory related to the Iris and Halo sensors, selected commercial contracts and orders, and certain engineering and operations staff, for a cash purchase price of $33 million funded from existing cash. MicroVision emerged as the winning bidder in a Section 363 U.S. Bankruptcy Code auction, and the U.S. Bankruptcy Court approved the agreement on January 27, 2026, positioning MicroVision to expand its lidar product portfolio, accelerate its commercial strategy, streamline operations and potentially benefit from ongoing consolidation in the lidar sector, pending completion of customary closing conditions expected around early February 2026.

The most recent analyst rating on (MVIS) stock is a Sell with a $0.85 price target. To see the full list of analyst forecasts on Microvision stock, see the MVIS Stock Forecast page.

Spark’s Take on MVIS Stock

According to Spark, TipRanks’ AI Analyst, MVIS is a Neutral.

Overall score is held down primarily by weak financial performance (persistent losses, negative margins, and negative operating/free cash flows) and a weak technical trend below major moving averages. Offsetting factors include a moderately positive strategic narrative from the earnings call (product roadmap and Scantinel acquisition), but this is tempered by very low current revenue, expected higher spending, and the Nasdaq bid-price deficiency overhang.

To see Spark’s full report on MVIS stock, click here.

More about Microvision

MicroVision, Inc., based in Washington State with additional engineering hubs in Washington D.C., Hamburg and Ulm, develops and supplies integrated lidar hardware and perception software solutions for autonomy and mobility. Its proprietary solid-state lidar technologies, including MEMS-based long-range and flash-based short-range sensors, target advanced driver-assistance systems and autonomous driving, as well as industrial applications such as robotics, automated warehouses, agriculture and military-grade airborne and terrestrial sensor systems.

Average Trading Volume: 4,913,416

Technical Sentiment Signal: Sell

Current Market Cap: $280.5M

Find detailed analytics on MVIS stock on TipRanks’ Stock Analysis page.