Leading Global Online Retailer Expands Vuzix Smart Glasses Deployment Across North America with Follow-On Orders and Initial Ultralite Pro OEM Program Orders

Vuzix (NASDAQ: VUZI) said a leading global online retailer expanded deployments of Vuzix smart glasses with follow-on orders for the M400 platform and initial OEM orders for the Ultralite Pro platform.

Rhea-AI Summary

Vuzix (NASDAQ: VUZI) said a leading global online retailer expanded deployments of Vuzix smart glasses with follow-on orders for the M400 platform and initial OEM orders for the Ultralite Pro platform.

The program moved from initial European pilots to commercial rollout across the United States and Canada, supporting broader logistics, warehousing, server infrastructure, and robotics-related workflows.

Argus Mar 31 session

+11.59% close to close Open Argus

Details

News Market Reaction – VUZI

On Mar 31, the day this news came out, VUZI closed 11.59% above the previous close.

Data tracked by StockTitan Argus for the Mar 31 session.

Key Figures

2025 Revenue: $6.3M 2024 Revenue: $5.8M 2025 Net Loss: $32.3M +5 more

2025 Revenue

$6.3M

Full-year 2025 total revenue

2024 Revenue

$5.8M

Full-year 2024 total revenue

2025 Net Loss

$32.3M

Full-year 2025 net loss

2024 Net Loss

$73.5M

Full-year 2024 net loss

Cash Balance

$21.2M

Cash and equivalents at 2025 year-end

Working Capital

$22.3M

Working capital at 2025 year-end

Quanta Equity Investment

$20M

Contemplated equity investment fully funded after milestones

Operating Cash Use

$18.8M

Operating cash use during 2025

Historical Context

5 past events · Latest: Mar 12

5 events

1. Mar 12

   Full-year earnings

   24h Move

   -14.1%

   Reported 2025 results with higher revenue and sharply reduced net loss.

2. Feb 27

   Earnings call setup

   24h Move

   -6.2%

   Scheduled call to discuss Q4 and full-year 2025 results and outlook.

3. Feb 18

   Product launch

   24h Move

   -2.3%

   Introduced Vuzix Solutions enterprise kits with Teams and Zoom support.

4. Feb 04

   Certification & launch

   24h Move

   -3.9%

   LX1 smart glasses gained FCC/CE approvals and began commercial shipments.

5. Jan 20

   Defense marketing

   24h Move

   -0.9%

   Showcased defense-focused waveguide capabilities and military integrations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

oem, augmented reality, ar/ai smart glasses

3 terms

oem financial

"Initial Ultralite OEM orders enable new AR/AI use cases across additional"

OEM stands for Original Equipment Manufacturer, which is a company that produces parts or components used in the final products made by other companies. For investors, understanding OEMs is important because their performance can impact the supply chain and overall success of major industries, especially those relying on specialized parts. Think of OEMs as the suppliers that provide the building blocks for larger products, like the engine parts for a car.

augmented reality technical

"AI-powered smart glasses, waveguides, and augmented reality technologies, today"

Augmented reality is technology that layers computer-generated images, information or sounds onto your view of the real world through devices like phones, tablets or smart glasses — like seeing navigation arrows or product labels projected onto what you’re looking at. It matters to investors because it creates new ways to sell hardware, software, services and ads, can change customer engagement and recurring revenue models, and carries adoption and privacy risks that affect company value.

ar/ai smart glasses technical

"off-the-shelf and custom AR/AI smart glasses solutions allows us to grow"

AR/AI smart glasses are wearable devices that overlay digital information onto the wearer’s view while using built-in artificial intelligence to interpret context, recognize objects or people, and tailor responses—like having a small, intelligent display and assistant on your face. Investors care because these glasses combine hardware, software and data services into new revenue streams and user habits; success depends on consumer adoption, software ecosystems, privacy rules, and whether the product becomes a routine tool rather than a niche gadget.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Initial Ultralite OEM orders enable new AR/AI use cases across additional business units

ROCHESTER, N.Y., March 31, 2026 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides, and augmented reality technologies, today announced that a leading global online retail company has expanded its deployment of Vuzix smart glasses through follow-on orders for its M400 platform and initial OEM orders for the Ultralite Pro platform-based smart glasses.

Following successful initial deployments in Europe, the program has now entered commercial rollout across the United States and Canada, supporting a broader range of operational workflows within the customer's logistics and infrastructure environments.

The continuing smart glasses orders reflect growing adoption of Vuzix smart glasses within the customer's warehouse operations, where hands-free access to real-time information is improving efficiency and accuracy. The addition of Ultralite Pro-based OEM smart glasses is intended to support expansion into additional use cases, including areas such as server infrastructure, warehousing, and robotics-related applications, extending deployments across new regions, business units, and workflows.

"This expansion from their successful initial deployments into a broader commercial rollout across multiple regions and use cases highlights the growing role of smart glasses in large-scale enterprise operations," said Paul Travers, President and CEO of Vuzix. "Our ability to support both off-the-shelf and custom AR/AI smart glasses solutions allows us to grow within existing customers while opening the door to broader deployment across additional workflows and business units."

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of AI-powered smart glasses, waveguides and augmented reality technologies, components and products for the enterprise, medical, defense, security agencies, 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 as OEM waveguide optical components and display engines. Vuzix holds more than 500 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won over 20 Consumer Electronics Show (or CES) awards for innovation since 2005 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan.  For more information, visit the Vuzix website, X and Facebook pages.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship and future business opportunities, product orders, use case adoption and expansion with this customer, and among other things the Company's leadership in the Smart Glasses and AR display industry.  They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Vuzix Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com  www.vuzix.com

 

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SOURCE Vuzix Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Vuzix (VUZI) announce on March 31, 2026 about customer orders?

Vuzix announced follow-on orders for its M400 and initial OEM Ultralite Pro orders from a major online retailer. According to the company, the orders expand deployments from Europe into commercial rollouts across the United States and Canada, covering logistics, warehousing, and infrastructure use cases.

How will the Ultralite Pro OEM orders affect Vuzix's deployments for VUZI customers?

The Ultralite Pro OEM orders enable new AR/AI use cases across additional business units and workflows. According to the company, the Ultralite Pro is intended for server infrastructure, warehousing, and robotics-related applications to broaden in-customer deployments.

Which regions are included in Vuzix's expanded rollout mentioned in the VUZI release?

The expansion covers commercial rollout across the United States and Canada following initial European deployments. According to the company, this rollout supports a broader range of operational workflows within the customer's logistics and infrastructure environments.

What business areas will Vuzix smart glasses support after the new VUZI orders?

The smart glasses will support warehousing, server infrastructure, robotics-related applications, and expanded logistics workflows. According to the company, hands-free real-time information access is improving efficiency and accuracy in the customer's warehouse operations.

Does the Vuzix (VUZI) announcement indicate broader customer adoption or pilots?

Yes, the announcement indicates progression from pilots to commercial rollout and follow-on orders, signaling broader adoption. According to the company, successful initial deployments in Europe prompted expansion into North America and additional business units.