Microvision (MVIS +43.4%) soars after receiving a $4M order from Pioneer to supply components...

|By:, SA News Editor

Microvision (MVIS +43.4%) soars after receiving a $4M order from Pioneer to supply components related to its HD PicoP laser-based display technology, which will be used by Pioneer in car navigation systems. Microvision, which has long sought to commercialize technology similar to what Google has developed for Project Glass, will also collect royalties from Pioneer, according to the terms of an April agreement.