MicroVision Signs Long-Term Development Agreement to Advance Lidar for Next-Generation Autonomous Hauling Solutions Rhea-AI Summary MicroVision (NASDAQ:MVIS) signed a long-term Master Development Agreement with the world's leading construction and mining equipment OEM to advance lidar for next-generation autonomous hauling solutions. The deal covers joint development, validation, and commercialization using Iris lidar on off‑highway trucks, with a potential upgrade path to Halo sensors and supports MicroVision's Q1 asset acquisition and existing sensor inventory. AI-generated analysis. Not financial advice. Positive - Long-term Master Development Agreement with leading construction and mining equipment OEM - Framework to jointly develop, validate, and commercialize advanced perception capabilities - Initial deployment uses two Iris lidar sensors per autonomous off‑highway hauling truck - Defined upgrade pathway from Iris to next-generation Halo lidar sensor - Engagement validates value of Q1 2026 asset acquisition and existing sensor inventory Negative - None. Strategic engagement validates commercial momentum stemming from Q1 acquisition, value of immediately available sensor inventory, and pathway to next-generation perception solutions REDMOND, WA / ACCESS Newswire / June 10, 2026 / MicroVision, Inc., (NASDAQ:MVIS), a leader in advanced perception solutions today announced the signing of a Master Development Agreement (MDA), including an initial Program Description dated June 1, 2026, to collaborate with the world's leading manufacturer of construction and mining equipment on the development and integration of MicroVision's lidar and perception technologies into the OEM's next-generation autonomous solutions. The agreement establishes a framework to jointly develop, validate, and commercialize advanced perception capabilities designed to enhance the safety, productivity, and efficiency of the OEM's autonomous equipment platforms. Through this collaboration, the partners will work together to evaluate and deploy advanced lidar sensing technologies that provide high-resolution environmental awareness, obstacle detection, and situational intelligence in complex industrial environments. "Signing this MDA represents a significant milestone in MicroVision's strategy to bring our