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Microvision (MVIS) Gets U.S. Patent for Substrate-Guided Display, Shares Pop

June 14, 2011 11:01 AM EDT
MVIS Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -544.4%
Microvision (Nasdaq: MVIS) shares have popped mid-morning, following receipt of a U.S. patent for substrate-guided display.

The patent, number7,959,308 (the '308 patent), gives Microvision control over a guiding-substrate display which may "include an angle-mapped display engine to generate a modulated photonic output having angle-mapped rays responsive to an electrical signal without the use of an ocular lens."

Further color from the U.S. Patent and Trademark Office (USPTO): "An input optical element receives the modulated photonic output of the angle-mapped display engine and cooperates with the angle-mapped display engine to launch modulated photonic output having selected polarization. An image relay slab receives the modulated photonic output from the input optical element and guides the modulated photonic output from a proximal to a distal location. An output optical element to receives the modulated photonic output from the image relay slab and launches the modulated photonic output having angle-mapped rays toward a viewing region."

Click here for more from the filing.

Microvision shares are up 5.7 percent on the session.


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