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MicroVision +16.1%; $14.5M worth of component orders received

Mar. 16, 2015 9:16 AM ETMicroVision, Inc. (MVIS) StockBy: Eric Jhonsa, SA News Editor2 Comments
  • MicroVision's (NASDAQ:MVIS) Fortune Global 100 client has placed $14.5M worth of display module component orders that are expected to be shipped in 2H15 and 2016.
  • The announcement arrives less than two weeks after MicroVision licensed its PicoP pico projector tech to the client. $3.8M in component orders were placed last year - they're currently being fulfilled - along with $1.9M in services orders.
  • Shares have soared to $3.18 premarket, making new 52-week highs in the process.

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