A couple of doozies today, Spbiz equates the $39 Million eMagin is receiving to upgrade their Manufacturing line for Production of Direct Patterned Displays with the Contracted payments to Microsoft for IVAS over the coming years. There is no correlation between these situations. I'll add that Microvision has not been the recipient of one dollar from the Government for over eleven years,the last payment being for a Phase I SBIR which never went anywhere. Microvision has never made it past Phase I to Phase II much less to an STTR which is the Tech Transfer to join a successful company's work with a Research Institute meant to mature that Technology for, in these cases, the Department of Defense. Here Spbiz trying to type something coherent and fails:
"A $33 Million Dollar Contract, the military paid Microsoft how much once again?"
If you can't grasp that Microsoft and Microvision are not the same entity even though they both share "Micro" as the first two syllables in their name it is very tough to advance the discussion. The Microsoft IVAS Liasion has stated publicly, "We know AI and Data and the Army knows how to build a Night Vision Goggle".
Geoffrey Porter's turn. In light of the above that Microvision has never Qualified a Display or Device for use by the Department of Defense, in spite of that Porter insists that Karl Guttag will drag himself to Porter's front door and sob his apologies that he was wrong about Microvision/LBS in IVAS.
Porter says. "He will be eating crow in a few months".
OK so Guttag has a paying job as the CTO for a small shop called "RAVN" which is a start-up run by a couple of retired Special Forces guys who hired Kuttag to be their CTO and that is where he is now.
RAVN has been tasked with developing a User Interface for the most sophisticated Night Vision/Data Sharing Device in history and in that capacity his work is Classified Top Secret same as anyone involved with IVAS he has signed an NDA. I'm going to try to make as simple as possible:
GUTTAG CANNOT UTTER ONE WORD ABOUT ANY COMPANY AND THEIR WORK OR EVEN MENTION THEIR NAME/PARTICIPATION TO ANYONE AT ANYTIME AND IF HE DID HE WOULD JEOPARDIZE RAVN'S WORK ON IVAS.
HE TOOK THE TIME ON HIS BLOG YESTERDAY TO SAY THIS ABOUT MICROVISION BELOW...HE HAD NO COMPUNCTION ABOUT MENTIONING MICROVISION ANY NUMBER OF TIMES ON HIS BLOG. THEREFORE THE ANSWER PORTER MICROVISION HAS NOTHING AT ALL TO DO WITH IVAS.
The other contender would have to be Microvision. They have lost about $600M plus about $90M US government money from an “earmark” pushed through by a US Senator they later put on their board. Microvision went from a low of about 20 cents a share to a high of about $28 per share and a market cap over $3B in less than a year based on hyping their Lidar which people who know Lidar tell me is nothing special, yet no profitable deals have been announced and the company continues to lose about $1M
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