# MicroVision awarded development and supply contract for LBS system

MicroVision signed a contract with a major technology company to develop a Laser Beam Scanning display system and produce components, with up to $24 million in fees including $14 million for development work spanning 21 months.

- Type: Contract
- Announced: 2017-04-20
- Where: Redmond, Washington, United States
- Value: $24.0M
- Status: announced
- Products: Laser Beam Scanning display system, MEMS, ASICs, firmware
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MicroVision](https://endata.com/companies/23709.md)

## Sources

- [ir.microvision.com](https://ir.microvision.com/news/press-releases/detail/75/microvision-awarded-development-and-supply-contract-for), 2017-04-20: "MicroVision today announced that it has signed a significant contract with a major technology company to develop a Laser Beam Scanning (LBS) display system and to produce MicroVision specific components."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.