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Vuzix Receives New Additional Orders from Two Aerospace Defense Firms to Further Develop Their Waveguide-based Display Solutions
ROCHESTER, N.Y., April 4, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and
About this update from Vuzix Corporation
[{"type":"text","content":"ROCHESTER, N.Y., April 4, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), (\"Vuzix\" or, the \"Company\"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, announced it has received new additional orders from two aerospace and defense firms to further develop and deliver waveguide-based display solutions in 2024.\n\n \n \n \n \n \n \n\n \nThe first, a new order from a global Tier-1 aerospace and defense firm, involves the development of new head mounted display (HMD) technology for military aircraft. The customized HMD waveguide and HD display engine development program with this customer has continued to expand and move toward eventual production. Vuzix has previously completed multiple stages of product development and refinement with this partner. \nVuzix has also received a new follow-on order for further development of a lightweight heads-up display (HUD) replacement for technologies previously supplied by a China-based company. This order was received from a US-based company that is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. This customer is the incumbent supplier for several existing programs and has turned to Vuzix as a US-based manufacturer of waveguide and display technologies.\n\"We continue to design and further develop next generation waveguide-based display solutions for these large aerospace and defense players as they pursue multiple production opportunities,\" said Paul Travers, President and CEO of Vuzix. \"As the only US-based manufacturer of waveguides, we look forward to announcing further developments with the many defense firms with which we are already engaged.\"\nAbout Vuzix Corporation \nVuzix is a leading designer, manufacturer and marketer of Smart Glasses and Augmented Reality (AR) technologies 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 holds more than 350 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmen...