09:54 AM EST, 12/19/2024 (MT Newswires) -- MicroVision ( MVIS ) said Thursday it has expanded the production capacity of its MOVIA L sensor to support expected demand from the industrial sector.

The increased production throughout next year will lower the average cost per sensor, the company said.

MicroVision's ( MVIS ) shares were up 19% in recent Thursday trading.

Price: 1.09, Change: +0.18, Percent Change: +20.32