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 (VUZI) is a leading innovator in augmented reality smart glasses and wearable display technologies, serving enterprise, medical, and consumer markets. This news hub provides investors and industry observers with direct access to official announcements and market developments.
Key updates include product launch details, financial results, technology partnerships, and industry recognition. Our curated collection features earnings reports, AR innovation announcements, OEM collaborations, and patent developments directly from corporate sources.
Bookmark this page for streamlined tracking of Vuzix's progress in advancing waveguide optics and AI-powered smart glasses. Check regularly for verified updates on the company's expanding role in industrial AR solutions and consumer wearable tech markets.
Vuzix Corporation (NASDAQ: VUZI) has secured a significant six-figure order for custom color waveguides from a European OEM partner. The waveguides, featuring a 30-degree field of view, will be integrated into next-generation thermal smart glasses following a two-year development cycle.
The innovative smart glasses combine Vuzix waveguides, projectors, and prism optics with infrared imaging technology, enabling users to see thermal overlays in real-time. These enterprise-grade devices can detect temperatures from -40°C to +330°C, targeting applications in:
- Firefighting operations
- Electrical diagnostics
- Industrial inspection
- Search and rescue missions
- HVAC maintenance
- Outdoor activities like hunting
Production is scheduled to begin in fall 2025, with manufacturing handled by one of the world's largest contract electronics manufacturers.
Vuzix (NASDAQ: VUZI) has acquired an advanced waveguide R&D facility in Milpitas, California, strengthening its position in AI-enabled smart glasses technology. The facility, previously operated by a global tech leader, will serve as a key innovation hub for waveguide tools development.
Key highlights of the acquisition:
- Located in Silicon Valley, featuring state-of-the-art equipment including advanced ion milling machine
- Enables fabrication of multiple high-quality waveguide tools on a single substrate
- Capable of modern cassette-to-cassette handling for high-efficiency processing
- Total cost in low seven figures for 2025
The strategic move positions Vuzix to better support its ODM/OEM customers in developing next-generation AI-powered smart glasses. According to CEO Paul Travers, this expansion aligns with the company's technology-driven growth strategy as AI and AR rapidly converge.
Vuzix (NASDAQ: VUZI) has begun shipping a new order of XanderGlasses, a private label version of Vuzix Shield™ smart glasses, developed with Xander™. These specialized AR glasses are designed to assist the 48 million Americans with hearing loss by displaying real-time captions of in-person conversations in the wearer's field of view.
The XanderGlasses feature:
- Standalone operation without smartphone or internet requirements
- Single-button operation for user-friendly experience
- Built-in closed captioning functionality
- Safety-rated lenses with UV protection
- Compatibility across various environments including home, work, and public spaces
Vuzix (NASDAQ: VUZI) has received a $500K reorder for smart glasses from Augmex, following their initial low six-figure order in December 2024. Augmex, a solutions provider, bundles their software with Vuzix smart glasses for supply chain customers across the UK and Europe.
Augmex offers two main solutions: AUGPICK for warehouse performance optimization and AUGASSIST for remote support with AI and AR capabilities. The company targets warehouse and logistics, installation and service, and healthcare sectors.
Augmex's CEO Lars Heemskerk expects their demand for Vuzix smart glasses to grow significantly over the next several years, projecting an order of magnitude increase compared to the current order.
Vuzix (NASDAQ: VUZI) has received and fulfilled a follow-on six-figure smart glasses order from QUAD GmbH, a leading European distributor in Auto-ID, Transport, Logistics and OEM Integration. The order comes through QUAD's newly established QUAD Advanced Systems division, which will provide comprehensive support for Vuzix products across Europe.
The division focuses on key market verticals including field service, manufacturing, security, warehouse and logistics, and healthcare. QUAD Advanced Systems consolidates previous divisions to offer full-scale services, leveraging their technical expertise in AR applications such as remote monitoring, warehousing logistics, and medical innovations. The company facilitates rapid online demos and provides personalized guidance for industry-specific solutions.
Vuzix (NASDAQ: VUZI) announced that its subsidiary Moviynt has secured a deployment commitment from Airbus Helicopters for hardware and software solutions. The implementation combines Moviynt's Mobilium® software with Vuzix M400 AR smart glasses to enhance packing processes for direct-to-customer shipments.
Following a successful proof-of-concept (POC) trial that demonstrated improved accuracy and increased productivity, Airbus Helicopters is expanding the use of Moviynt software from picking to pick and pack operations throughout its North American distribution centers. The solution utilizes machine learning models for automatic item scanning, allowing staff to work hands-free while tracking shipment items, capturing images, and printing forms.
Vuzix (NASDAQ: VUZI) reported its Q4 and full year 2024 financial results, showing mixed performance. Q4 revenues increased to $1.3 million from $1.1 million year-over-year, while full-year revenues declined to $5.8 million from $12.1 million in 2023.
The company reported a net loss of $73.6 million ($1.08 per share) for 2024, compared to $50.1 million ($0.79 per share) in 2023. Notable achievements include a strategic partnership with Quanta Computer, involving a $20 million staged investment, and operational cost reductions of approximately $8 million (25%) through workforce realignments and efficiency improvements.
The company maintained $18.2 million in cash and a working capital position of $24.6 million. Management expects multiple design wins for ODM/OEM products in 2025, focusing on converting recent customer wins into recurring revenue and expanding defense contractor relationships.
Vuzix (NASDAQ: VUZI) announced that Xander has placed its largest re-order to date for Vuzix Shield smart glasses, driven by increasing demand for XanderGlasses, a solution for people with hearing loss.
XanderGlasses combines Vuzix Shield smart glasses with embedded voice captioning software to provide real-time captions of conversations directly in the user's field of view. The product is designed to be self-contained, requiring no smartphone or cloud connectivity, and features simple on/off operation. The glasses meet ANSI Z87.1 safety standards and provide UV protection.
The solution targets the 48 million people in the US struggling with hearing loss, including veterans, individuals exposed to prolonged noise, and aging populations.
Vuzix (NASDAQ: VUZI), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, has scheduled a conference call to discuss its fourth quarter and full year 2024 financial results. The call will take place on Thursday, March 13, 2025 at 4:30 PM ET.
CEO and President Paul Travers and CFO Grant Russell will present operational and financial highlights for the period ended December 31, 2024. Investors can join via phone or webcast, with replays available for 30 days starting March 13, 2025 at 5:30 PM ET.
Vuzix (NASDAQ: VUZI) and TranscribeGlass have launched an AI-powered transcription service using Vuzix Z100 smart glasses. The solution converts speech to text with sub-300 millisecond latency, providing real-time closed captions for deaf or hard of hearing individuals.
The system connects via Bluetooth to smartphones or tablets, functioning in both quiet and noisy environments. It features speaker identification technology for improved group conversation tracking. The solution places captions directly in the user's field of view through an all-day wearable format.
FAQ
What is the current stock price of Vuzix (VUZI)?
What is the market cap of Vuzix (VUZI)?
