Welcome to our dedicated page for Vuzix news (Ticker: VUZI), a resource for investors and traders seeking the latest updates and insights on Vuzix stock.
Vuzix Corporation (NASDAQ: VUZI) regularly issues news about its AI-powered smart glasses, waveguides and augmented reality (AR) technologies, giving investors and industry followers insight into how its products and partnerships are developing. The company’s releases describe activity across enterprise, medical, defense, security and consumer markets, as well as updates on its role as both a smart glasses manufacturer and an OEM supplier of waveguide optics and display engines.
Recent news has highlighted enterprise deployments of Vuzix smart glasses, including follow-on volume orders of M400 smart glasses kits from a leading global online retailer to support warehouse infrastructure operations. Other announcements focus on defense collaborations, such as the continuation of a multi-year development relationship with Collins Aerospace involving waveguide-based AR display systems for U.S. Department of Defense programs and military helmet integrations.
Vuzix news also covers technology partnerships and reference designs. Examples include jointly developed binocular AR smart glasses reference designs with Avegant and Quanta Computer, and an optical component reference design for AR glasses with Himax that combines Vuzix waveguides with compact LCoS microdisplays. These stories illustrate how Vuzix positions its waveguide technology and display engines within a broader AR hardware ecosystem.
In addition, the company reports on industry events and ecosystem participation, such as showcasing its smart glasses and waveguide solutions at CES and joining The AR Alliance, as well as strategic partnerships like its collaboration with BUNDLAR to deliver no-code XR content to Vuzix devices. Visitors to this news page can review these updates to understand how Vuzix is applying its AR and optics technologies in real-world deployments, partnerships and industry initiatives over time.
Vuzix Corporation (NASDAQ: VUZI) announces the appointment of Bill Beltz as VP of Global Sales, effective immediately. This newly created role aims to enhance Vuzix's global sales outreach. Beltz brings extensive sales experience from Snap One and NCR Corporation. He is expected to innovate sales strategies and manage regional teams to capitalize on opportunities in the smart glasses market, which Beltz described as a significant area for cost reduction and productivity improvements. CEO Paul Travers expressed confidence in Beltz's capability to lead Vuzix through its growth phase.
Vuzix Corporation (NASDAQ: VUZI) announces participation in two major trade show conferences: The Augmented Enterprise Summit (AES) and AWE-EU, held in October 2022 in San Diego and Lisbon respectively. At AES from October 18-20, Vuzix will showcase its M400™ smart glasses, highlighting features like voice control and IP67 rating. During AWE-EU on October 20-21, the focus will be on new products like Vuzix M400C™ and Vuzix Shield, showcasing applications in various fields. Vuzix is a leader in Smart Glasses and Augmented Reality technology, with a strong patent portfolio.
Vuzix Corporation (NASDAQ: VUZI) announced a conference call set for November 9, 2022, at 4:30 PM ET, to discuss its third quarter 2022 operating results. The call will be hosted by CEO Paul Travers and CFO Grant Russell, focusing on the operational and financial highlights for the quarter ending September 30, 2022. Investors can participate via phone or a link provided in the announcement. A replay will be available after the call for 30 days. Vuzix specializes in Smart Glasses and Augmented Reality technologies.
On October 17, 2022, Vuzix Corporation (NASDAQ: VUZI) announced that its Vuzix Blade smart glasses will support Xpertinc's C-Sound solution, designed to aid deaf and hearing-impaired individuals by converting voice to text in real-time. The initial order for Vuzix Blade smart glasses has been placed, and customer shipments have started. Xpertinc's AI technology boasts a 92% text conversion accuracy, aiming for 95% by the end of 2022. Approximately 380,000 deaf individuals in Korea will benefit from this innovative solution, enhancing communication through closed captioning and visible non-verbal cues.
Vuzix Corporation (NASDAQ: VUZI) announced a significant partnership with HongKe Technology Co., Ltd., a Guangzhou-based distributor. The agreement includes a volume purchase order, underscoring Vuzix's commitment to expanding its market presence in the Asia-Pacific region. HongKe focuses on enhancing AR solutions across various sectors, including automotive and manufacturing. This collaboration aims to leverage Vuzix's advanced smart glasses technology to improve operational efficiencies for HongKe's clients. The partnership is expected to bolster Vuzix's competitive stance in the growing AR market.
Vuzix (NASDAQ: VUZI) has been designated as an approved technology partner for NSION's NSC3™ situational awareness solution, which is tailored for the Department of Defense (DoD) and first responders. This collaboration aims to enhance mission-critical operations by streaming live video and data from various sources to command centers and mobile devices. The integration of Vuzix smart glasses with NSION's platform is expected to improve situational awareness across multiple sectors, including healthcare and enterprise.
Vuzix Corporation (NASDAQ: VUZI) has announced a partnership with Hodei Technology, facilitating the integration of Vuzix smart glasses into Hodei's Klabra platform. This platform enhances remote support for enterprises, allowing users to purchase Vuzix glasses pre-loaded with the Klabra app. The partnership aims to improve productivity and customer service with a subscription-based solution that features an intuitive interface for real-time collaboration. Both companies anticipate a mutually beneficial relationship, leveraging their technologies to cater to the emerging 'Connected Worker' market.
Vuzix Corporation (NASDAQ: VUZI) announced the general availability of its Blade 2™ smart glasses in the US, Canada, UK, EU, and Japan. Priced at $1299.99, these glasses feature ultrabright waveguide optics, UV protection, and ANSI Z87.1 certifications. The device is optimized for enterprise applications, housing a Qualcomm processor running Android 11, supporting software such as MS Teams and Zoom. Enhanced security and Wi-Fi capabilities make it suitable for diverse work environments. The Blade 2™ marks a significant advancement in wearable computing solutions for various industries.
Vuzix Corporation (NASDAQ: VUZI) announced its participation in Deutsche Telekom's Digital X 2022 event in Cologne, Germany, on September 13-14, showcasing its M400 smart glasses. As a key partner, Vuzix is highlighting the integration of its AR technology with Zoom Video Communications' new video conferencing service, Zoom X. This collaboration aims to enhance connectivity for enterprise clients. Following the event, Deutsche Telekom plans to incorporate Vuzix's solutions into their Customer Experience Centers across Germany.
FAQ
What is the current stock price of Vuzix (VUZI)?
What is the market cap of Vuzix (VUZI)?
