Vuzix(VUZI)
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Vuzix Announces Android 13 Upgrade and Support for Its Industry-Leading M400 Enterprise Smart Glasses
Prnewswire· 2024-10-14 18:30
Core Viewpoint - Vuzix Corporation has announced the general availability of the Android 13 mobile operating system for its M400 enterprise smart glasses, emphasizing its commitment to device security and customer needs [1][3]. Group 1: Product Features and Enhancements - The Android 13 upgrade offers Vuzix customers enhanced security for head-worn devices, along with compatible developer tools for advanced software creation [2]. - Key features of the Android 13 upgrade include ongoing security updates, improved WiFi networking algorithms, enhanced enterprise device management, better Android permissions management, and an update from Android API 30 to API 33 for app developers [2]. Group 2: Company Commitment and Market Position - The implementation of Android 13 is driven by customer demand for larger deployments, allowing customers to manage devices with the latest security updates and utilize advanced Android features in third-party applications [3]. - Vuzix is recognized as a leading designer and manufacturer of AI-driven smart glasses and AR technologies, holding over 400 patents and numerous IP licenses in optics and augmented reality [4].
Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success
Prnewswire· 2024-10-02 09:00
- Partnership and strategic $20 million investment by Quanta Computer with the first $10 million received; focused on manufacturing waveguides at scale and developing AI smart glasses for the broad markets. - Vuzix waveguide technology continues to lead and is the core of AI smart glasses. - Expanding OEM/ODM opportunities and recent partnerships with Quanta, Garmin and others. - Implemented key initiatives to enhance operational efficiency, including reducing capital expenditures and headcount. ROCHESTER, ...
Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and Investment
Prnewswire· 2024-09-26 13:15
Core Insights - Vuzix Corporation is expanding its focus on OEM partnerships and waveguide manufacturing following a strategic investment from Quanta Computer Inc, positioning the company to collaborate with new clients for developing and mass-producing AR/AI smart glasses solutions [1][5] Group 1: OEM Partnerships and Manufacturing - Vuzix's OEM design approach offers a one-stop solution for high-volume smart glasses waveguide manufacturing, leveraging in-house expertise in industrial design, mechanical and electrical engineering, and a vast optics industry network [2] - The company has a state-of-the-art waveguide production facility in New York, which allows clients to accelerate time to market while ensuring consistent, quality-driven output at scale [3] - Vuzix employs proprietary processes for waveguide production, differentiating itself from competitors who use standard semiconductor fabrication techniques, thus enabling cost-competitive manufacturing [4] Group 2: Market Position and Growth Potential - The design and cost-effective production of waveguides are critical for the success of AI-driven smart glasses across various sectors, including consumer, enterprise, and defense [5] - Vuzix's expertise in waveguide technology is expected to translate into substantial business opportunities, driving revenue and profit growth in the coming years [5] - The company holds over 400 patents and has received numerous awards for innovation, indicating a strong position in the smart glasses and AR technologies market [6]
Vuzix Receives $10 Million First Tranche Investment from Quanta Computer
Prnewswire· 2024-09-16 12:00
Quanta investment part of a total $20 million strategic investment agreement to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y., Sept. 16, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that it has completed the closing of the first investment tranche, f ...
Vuzix's (VUZI) Smart Glasses to Power AR-Based Safety Solution
ZACKS· 2024-08-19 15:21
Vuzix's (VUZI) Z100 Smart Glasses are set to power the project of GPS Tuner, where the latter will bundle the smart glasses with its eMobility software solutions and applications to provide heads-up augmented reality (AR) display for eBike users to reduce distractions and enhance safety. The AR solution uses GPS Tuner's mobile-based applications and connects with vehicles, infrastructure and personal devices through V2X technology. GPS Tuner will provide eBike and scooter manufacturers an offer to bundle th ...
GPS TUNER Selects Vuzix (NASDAQ:VUZI) Z100 Smart Glasses to Bundle as a Heads-Up Display for Their eBike Software Offerings
Prnewswire· 2024-08-16 12:15
GPS TUNER's mission is to revolutionize smart mobility by providing innovative, reliable, and user-friendly navigation solutions for bicycles, eBikes, eScooters, LEVs, and EVs, ensuring every journey is safe, efficient, and enjoyable. Its primary products include Companion App, Navie, and EV Navigation. These apps have been downloaded for phone use by over two million riders across 99 countries. With driver safety always top of mind, GPS TUNER plans to directly offer eBike manufacturers the option to includ ...
Vuzix (VUZI) Applies New Technique in Production Process
ZACKS· 2024-08-15 15:01
Vuzix (VUZI) is persistently expanding its display technology capability and extending its innovation for augmented reality (AR) products. The company recently announced that it is using a micro-touch manufacturing technique to reduce distortion and enable the company to use more delicate materials in its production process. The new technology is expected to enhance optical performance and ensure higher production yields while maintaining lower costs. This advancement will allow Vuzi to offer its AR smart g ...
Vuzix Reports Second Quarter 2024 Results
Prnewswire· 2024-08-14 20:40
ROCHESTER, N.Y., Aug. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, today reported its second quarter results for the three months ended June 30, 2024. "In our second quarter of 2024, Vuzix underpinned key end-customer and strategic relationships within the enterprise, consumer, and defense markets centered around business opportunities that are expected to have a meaningful imp ...
Vuzix (NASDAQ: VUZI) Employs New Micro-touch Imprinting Process to Increase Optical Waveguide Performance and Production Throughput
Prnewswire· 2024-08-13 12:00
New manufacturing process enables higher yields, increased optical performance and the use of high index polymer or glass substrates ROCHESTER, N.Y., Aug. 13, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that it has developed a new micro-touch manufacturing technique within its optical waveguide fabrication processes, an advancement that will allow for better ...
Vuzix (NASDAQ: VUZI) Introduces M400 Xtreme Smart Glasses for Use in a Variety of Harsh Workplace Environments
Prnewswire· 2024-08-12 12:15
Vuzix will be offering the M400 Xtreme kit as an out-of-the-box remote support solution that improves upon its currently available M400 All Weather Kit, specifically with a greater battery capacity, use in the harshest workplace environments, and comfortable headband for long shifts. This new combination of features makes the M400 Xtreme an ideal solution for remote field service assignments and all-day cold storage warehouse duty. To further maximize smart glasses adoption across harsh and remote field ass ...