Business
Vuzix Receives OEM Purchase Orders for Engineering Services and Product Solutions from Two Defense Customers
ROCHESTER, N.Y., May 22, 2023 /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., May 22, 2023 /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 the receipt of new OEM purchase orders for engineering services and products from two defense customers, one a follow-on order and the other from a new customer. A brief description of these firms, the names of which cannot be disclosed at this stage of development, and their intended use cases are as follows.\n\n \n \n \n \n \n \n\n \nThe first customer is a US-based global leader in personal protection and situational awareness solutions for defense forces, emergency responders, and industrial personnel. They have placed an order for Vuzix waveguides and projectors with the objective of adding smart capabilities to their helmet solutions via inclusion of a HUD.\nThe second customer is a US-based provider which specializes in bridging human and animal communication has placed an order for Vuzix waveguides with the objective of designing AR goggles that would enable soldiers to remotely give orders to an animal.\n\"We continue to make great progress with both existing and new defense OEM opportunities as more and more defense contractors turn to Vuzix for our advanced waveguide and display solutions, solutions that are designed and manufactured in the United States,\" said Paul Travers, President and Chief Executive Officer at Vuzix. \"We look forward to bringing many of these engagements to the production stage over time.\"\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 300 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmented reality Video Eyewear field. Moviynt, an SAP Certified ERP SaaS logistics solution provider, is a Vuzix wholly owned subsidiary. The Company has won Con...