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Vuzix Highlights Defense and Security OEM Waveguide Capabilities at SHOT Show 2026 in Las Vegas
Prnewswire· 2026-01-20 13:35
Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. ...
Vuzix and Collins Aerospace Announce Strategic Collaboration to Scale Augmented Reality Defense Solutions
Prnewswire· 2025-12-19 15:00
Core Insights - Vuzix Corporation continues its multi-year collaboration with Collins Aerospace, resulting in the production approval and delivery of advanced waveguide-based AR display systems for U.S. Department of Defense programs [1][2] Group 1: Collaboration and Development - The development program has led to the completion of a waveguide-based display engine for a next-generation wearable display system, aimed at supporting dismounted soldier operations and drone control [2] - This partnership positions both companies for low-rate initial production (LRIP) and full-rate production needs starting in 2026, utilizing Vuzix's custom waveguide manufacturing capabilities [2][3] - Joint process validation is nearing completion, with final hardware deliveries to government customers expected to begin in Q1 2026 [2] Group 2: Strategic Importance - The collaboration is seen as a significant step in supporting U.S.-based defense manufacturing and establishing Vuzix as a key component in Collins Aerospace's advanced vision systems [2][3] - Vuzix's President and CEO highlighted the importance of working with trusted integrators in the aerospace and defense industry to deliver high-performance waveguide systems at scale [3] Group 3: Company Overview - Vuzix is a leading designer and manufacturer of AI-powered smart glasses and AR technologies, holding over 450 patents and numerous IP licenses in optics and augmented reality [4] - The company has received multiple awards for innovation, including recognition at the Consumer Electronics Show from 2005 to 2024 [4]
The AR Alliance Welcomes Vuzix as a New Member
Businesswire· 2025-11-25 14:05
Core Insights - The AR Alliance has welcomed Vuzix Corporation as a new member, highlighting a significant moment for the augmented reality (AR) industry [1][4] - The AR Alliance aims to accelerate innovation and unify the AR industry through collaboration among diverse organizations [2][3] Company Overview - Vuzix Corporation specializes in AI-powered smart glasses, waveguides, and AR technologies for various markets including enterprise, medical, defense, and consumer [5] - The company holds over 450 patents and has received multiple awards for innovation from 2005 to 2024 [5] Industry Context - The AR Alliance consists of a diverse membership that includes major players like STMicroelectronics, META, and Qualcomm, fostering a collaborative environment for AR hardware development [7][10] - The establishment of the AR Alliance as a division of SPIE emphasizes its commitment to advancing an open and interoperable AR ecosystem [10][11]
Vuzix Reports Third Quarter 2025 Results
Prnewswire· 2025-11-13 21:01
Core Insights - Vuzix Corporation reported a total investment of $20 million from Quanta Computer, with a recent tranche of $5 million received in Q3 2025 to support smart glasses initiatives [1][2] - The company ended Q3 2025 with $22.6 million in cash and achieved a 22% reduction in operating expenses year-over-year [1][3] Financial Performance - Total revenues for Q3 2025 decreased by 16% to $1.2 million compared to $1.4 million in Q3 2024, driven by a 9% decline in smart glasses product sales and a 33% drop in engineering services revenues [5] - The gross loss for Q3 2025 was $0.4 million, an increase from a gross loss of $0.3 million in Q3 2024, primarily due to lower revenues [6] - Operating expenses decreased by 22% year-over-year, with significant reductions in selling and marketing expenses (down 35%) and general and administrative expenses (down 41%) [9][10] Strategic Developments - Dr. Chris Parkinson was appointed as President of Vuzix Enterprise Solutions to enhance enterprise deployments and capitalize on customer demand [2][11] - The company received initial purchase orders from a major global online retailer for smart glasses to support maintenance programs, with significant deliveries expected in Q4 2025 [2][11] - Vuzix was awarded a six-figure development order for customized waveguides for military applications from a leading U.S. defense contractor [2][11] Future Outlook - The company anticipates robust growth in Q4 2025 across product revenue and engineering services, driven by ongoing OEM programs and a backlog of smart glasses orders [12] - Vuzix aims to advance its OEM-driven model while scaling direct enterprise deployments, with plans to showcase new concepts at CES 2026 [12]
Vuzix to Participate in the 16th Annual Craig-Hallum Alpha Select Conference on November 18th 2025
Prnewswire· 2025-11-12 17:30
Core Insights - Vuzix Corporation will participate in the 16th Annual Craig-Hallum Alpha Select Conference on November 18, 2025, in New York City, allowing institutional investors to request one-on-one meetings with company management [1]. Company Overview - Vuzix is a prominent designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and augmented reality (AR) technologies, catering to enterprise, medical, defense, and consumer markets [2]. - The company offers head-mounted smart personal display devices and wearable computing solutions, focusing on mobility and augmented reality applications, along with OEM waveguide optical components and display engines [2]. - Vuzix holds over 450 patents and patents pending, along with numerous IP licenses in optics and augmented reality wearables [2]. - The company has received multiple awards for innovation at the Consumer Electronics Show (CES) from 2005 to 2024, as well as several wireless technology innovation awards [2]. - Founded in 1997, Vuzix is publicly traded on NASDAQ under the ticker VUZI, with offices located in Rochester, NY, and Kyoto and Okayama, Japan [2].
Vuzix Schedules Conference Call to Discuss Third Quarter 2025 Financial Results and Business Update
Prnewswire· 2025-10-30 13:00
Core Points - Vuzix Corporation will host a conference call to discuss its third quarter 2025 operating results on November 13, 2025, at 4:30 PM ET [1] - The call will feature Vuzix's CEO Paul Travers and CFO Grant Russell, who will provide operational and financial highlights for the quarter ending September 30, 2025 [3] - A live and archived webcast of the conference call will be available on the company's investor relations page [3] Company Overview - Vuzix is a leading designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and augmented reality technologies for various markets including enterprise, medical, defense, and consumer [5] - The company holds over 450 patents and has received numerous awards for innovation, including recognition at the Consumer Electronics Show from 2005 to 2024 [5] - Vuzix was founded in 1997 and is publicly traded on NASDAQ under the ticker VUZI, with offices in Rochester, NY, and Japan [5]
Vuzix Expands OEM Defense Program Base with New Six-Figure Waveguide Development Order from a Leading U.S. Defense Contractor
Prnewswire· 2025-09-29 13:01
Core Insights - Vuzix Corporation has received a six-figure development order for customized waveguides from a leading defense contractor, aimed at creating a lightweight heads-up display for military personnel [1][2]. Company Overview - Vuzix is a prominent designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and augmented reality technologies, serving various markets including enterprise, medical, defense, and consumer [3]. - The company holds over 450 patents and has received multiple awards for innovation, including recognition at the Consumer Electronics Show from 2005 to 2024 [3]. Industry Position - Vuzix's advanced display technologies and U.S.-based manufacturing capabilities are enhancing its reputation as a key supplier for next-generation wearable display solutions in the defense sector [2]. - The company is experiencing a steady expansion in the number of defense programs it is involved with, indicating growth potential in this market [2].
Saphlux and Vuzix Collaborate to Advance AR Display and Glasses Solutions
Prnewswire· 2025-09-19 17:03
Core Insights - Saphlux, Inc. and Vuzix Corporation have announced a strategic collaboration aimed at delivering high-performance optical solutions for next-generation AI/AR glasses [1] Company Overview - Saphlux is recognized as a leader in quantum dot MicroLED displays, indicating a strong position in advanced display technologies [1] - Vuzix Corporation is a prominent supplier of AI-powered smart glasses and Augmented Reality technologies, showcasing its expertise in the AR sector [1] Industry Implications - The collaboration is expected to accelerate the adoption of next-generation AI/AR glasses, highlighting a growing trend in the integration of advanced optical solutions within the augmented reality market [1]
Vuzix to Highlight Key OEM & Waveguide Manufacturing Capabilities at Vision Expo West 2025
Prnewswire· 2025-09-15 17:00
Core Insights - Vuzix Corporation is participating in Vision Expo West 2025, showcasing its AI-powered smart glasses and AR technologies [1][5] - The company has over 25 years of experience in augmented reality and has shipped multiple generations of waveguide-enabled AR eyewear since 2018 [1][3] - Vuzix is collaborating with industry leaders to integrate design, lens integration, and processing requirements for mass adoption of smart glasses [1] Company Overview - Vuzix is a designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and AR technologies for various markets including enterprise, medical, defense, and consumer [3] - The company holds more than 450 patents and has received numerous awards for innovation, including CES awards from 2005 to 2024 [3] - Founded in 1997, Vuzix is publicly traded on NASDAQ under the ticker VUZI, with offices in Rochester, NY, and Japan [3]
Vuzix Achieves Waveguide Production and Yield Targets and Receives $5 Million Second Tranche Investment from Quanta Computer
Prnewswire· 2025-06-16 12:30
Core Insights - Vuzix Corporation has received a $5 million second tranche investment from Quanta Computer, increasing Quanta's total investment in Vuzix to $15 million out of an anticipated total of $20 million [1][2]. Company Overview - Vuzix is a leading designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and augmented reality technologies for various markets including enterprise, medical, defense, and consumer [3]. - The company holds over 425 patents and has received multiple awards for innovation at the Consumer Electronics Show from 2005 to 2024 [3]. - Vuzix was founded in 1997 and is publicly traded on NASDAQ under the ticker VUZI, with offices in Rochester, NY, and Japan [3]. Investment Impact - The recent investment is seen as a significant milestone in strengthening the partnership with Quanta and enhancing Vuzix's waveguide production capabilities [2]. - The funding aims to position Vuzix to deliver affordable, lightweight, and high-performance AI smart glasses for mass-market adoption [2].