Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and other AR products, such as binocular next generation smart glasses and AR smart glasses product with 3D, stereo cameras, and 3D camera vision, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores. It has a collaboration agreement with AmbiFi. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was founded in 1997 and is headquartered in West Henrietta, New York.
IPO Year:
Exchange: NASDAQ
Website: vuzix.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/10/2023 | Buy → Neutral | BTIG Research | |
12/21/2021 | $15.00 | Buy | Dawson James |
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SCHEDULE 13G/A - Vuzix Corp (0001463972) (Subject)
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Ophthalmologist Doctor Shabbir Khambati appointed as a founding board memberROCHESTER, N.Y., Jan. 29, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it has established an Optometry Advisory Board (OAB), whose primary purpose will be to provide strategic input, guidance, and recommendations to Company management on vision correction issues and how to better build products and services to meet Vuzix' customer vision requirements. The Company also announces the appointment of Doctor Shabbir Khambati to this board as the chair and a founding board mem
- Quanta to utilize Vuzix' advanced waveguides and display engines to manufacture next generation lightweight smart glasses ROCHESTER, N.Y., Nov. 15, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, and Quanta Computer ("Quanta"), a Global Fortune 500 Company and worldwide leading Original Design Manufacturer (ODM), today announced that the two firms have entered into a partnership agreement which will support the manufacture of next generation lightweight smart glasses for the broader markets.
ROCHESTER, N.Y., Jan. 11, 2022 /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 that the Company has appointed business operations, manufacturing, and technology veteran Pete Jameson to the open role of Chief Operating Officer (COO). Mr. Jameson joined Vuzix in January 2021 and had served as General Manager of Vuzix until this appointment. Mr. Jameson brings a wealth of general management and operating experience to his new position. Prio
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ROCHESTER, N.Y., April 22, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that shipments have begun for the latest order of XanderGlasses, a private label version of Vuzix Shield™ smart glasses developed in partnership with Xander™, a Raleigh, North Carolina-based company focused on assistive technologies for the hard of hearing. XanderGlasses are built to help the 48 million people in the U.S. experiencing hearing loss. They display rea
ROCHESTER, N.Y., April 1, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that it has received a $500K reorder for its smart glasses from Augmex, a one-stop-shop solutions provider for increasing productivity with smart glasses. This order follows an initial low six-figure one received in December 2024 from Augmex, who will continue to bundle their robust software solutions with Vuzix smart glasses products for their supply chain customers in the United Kingdom and across Europe.
ROCHESTER, N.Y., March 19, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered Smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that the Company has received and shipped against a follow-on six-figure smart glasses order from QUAD GmbH ("QUAD"), a leading distributor and consulting company in the areas of Auto-ID, Transport, Logistics and OEM Integration. QUAD's newly formed QUAD Advanced Systems division provides full scale services and support for Vuzix products to its customers throughout Europe, focusing on the field service, manufacturing, security, warehouse and logistics and healthcare m
ROCHESTER, N.Y., March 14, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered Smart glasses, waveguides and Augmented Reality (AR) technologies and products, today announced that Moviynt®, its wholly owned subsidiary and SAP Certified ERP SaaS logistics solution provider, has secured a hardware and software deployment commitment from Airbus Helicopters, the helicopter manufacturing division of Airbus. Airbus Helicopters, an industry leader in sales, safety and compliance, required a solution that improved the ac
ROCHESTER, N.Y., March 13, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-driven smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its fourth quarter and full year financial results for the year ended December 31, 2024. "In 2024, the AI and AR smart glasses market continued to evolve, and Vuzix made major advancements in product innovation, technology, customer engagement, and strategic partnerships," said Paul Travers, President and CEO of Vuzix. "Our partnership with Quanta Computer,
- XanderGlasses are targeting the 48 million people in the US struggling with hearing loss ROCHESTER, N.Y., March 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI driven smart glasses, waveguides and augmented reality (AR) technologies, today announced that Xander™, a Raleigh, North Carolina-based company, has placed its largest re-order to date for Vuzix Shield™ smart glasses. This order supports the increasing customer demand for the XanderGlasses™ solution, a product and software offering that provides real-time captions to assist people with auditory disorders.
ROCHESTER, N.Y., Feb. 28, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, is pleased to announce that the Company will host a conference call regarding its fourth quarter and full year 2024 operating results on Thursday, March 13, 2025 at 4:30 PM Eastern Time (ET). To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the schedu
- AI-driven transcription enhances accessibility for the deaf or hard of hearing, delivering real-time closed captions in nearly any environment ROCHESTER, N.Y., Feb. 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, and TranscribeGlass, a Connecticut-based company specializing in real-time speech-to-text transcription solutions, today announced the launch of their AI-powered transcription service using Vuzix Z100™ smart glasses. Designed to enhance acces
ROCHESTER, N.Y., Feb. 24, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, announced today that it has fulfilled a six-figure follow-on production order for customized waveguides. These waveguides will be used to enable a lightweight heads-up display (HUD) for a key defense program. The order was placed by a major U.S.-based defense contractor known for its advanced aerospace and defense solutions. As the incumbent supplier for several existing military pro
- AugmentOS development platform levels the playing field for smart glasses innovation ROCHESTER, N.Y., Feb. 3, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, and Mentra, a team of human-computer interface experts, today announced the launch of their AugmentOS, a universal operating system designed for smart glasses, including the Vuzix Z100™. AugmentOS combines cutting-edge AI functionality with a revolutionary development platform, unlocking new possibilities for users and developers alike.
ROCHESTER, N.Y., March 13, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-driven smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its fourth quarter and full year financial results for the year ended December 31, 2024. "In 2024, the AI and AR smart glasses market continued to evolve, and Vuzix made major advancements in product innovation, technology, customer engagement, and strategic partnerships," said Paul Travers, President and CEO of Vuzix. "Our partnership with Quanta Computer,
ROCHESTER, N.Y., Feb. 28, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, is pleased to announce that the Company will host a conference call regarding its fourth quarter and full year 2024 operating results on Thursday, March 13, 2025 at 4:30 PM Eastern Time (ET). To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the schedu
ROCHESTER, N.Y., Nov. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2024, and provided updates on its strategic progress. "During the quarter, Vuzix made meaningful advancements across key areas, including its partnership with Quanta Computer, which delivered the first $10 million tranche of a $20 million multi-phase equity investment. This collaboration is expected to accelerate the
ROCHESTER, N.Y., Nov. 4, 2024 /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 that the Company will host a conference call regarding its third quarter 2024 operating results at 4:30 PM Eastern Time (ET), November 14, 2024. To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participa
ROCHESTER, N.Y., Aug. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, today reported its second quarter results for the three months ended June 30, 2024. "In our second quarter of 2024, Vuzix underpinned key end-customer and strategic relationships within the enterprise, consumer, and defense markets centered around business opportunities that are expected to have a meaningful impact on both our balance sheet and top-line revenue growth over the back
ROCHESTER, N.Y., Aug. 1, 2024 /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 that the Company will host a conference call regarding its second quarter 2024 operating results at 4:30 PM Eastern Time (ET), August 14, 2024. To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participan
ROCHESTER, N.Y., May 9, 2024 /PRNewswire/ --- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technologies and products, today reported its first quarter results for the three months ended March 31, 2024. "In Q1 2024, Vuzix continued to work toward expanding and deepening relationships within the enterprise, consumer, and defense markets. An increasing number of potential customers are indicating they embrace the unique competitiveness of our solutions and our core technology and have confirmed their i
ROCHESTER, N.Y., May 2, 2024 /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 that the Company will host a conference call regarding its first quarter 2024 operating results at 4:30 PM Eastern Time (ET), May 9, 2024. To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants can
ROCHESTER, N.Y., April 15, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, today reported its fourth quarter and full year financial results for the year ended December 31, 2023. "In 2023, Vuzix made important advancements in our product development, core technologies and manufacturing, all of which uniquely position Vuzix to play an important role in the expected to become multibillion dollar AR smart glasses market," said Paul Travers, President and CEO
ROCHESTER, N.Y., April 9, 2024 /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 that the Company will host a conference call regarding its fourth quarter and full year 2023 operating results on Monday, April 15, 2024 at 4:30 PM Eastern Time (ET). To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the schedul
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BTIG Research downgraded Vuzix from Buy to Neutral
Dawson James initiated coverage of Vuzix with a rating of Buy and set a new price target of $15.00
Maxim Group downgraded Vuzix from Buy to Hold
BTIG initiated coverage of Vuzix with a rating of Buy and set a new price target of $30.00
BTIG Research initiated coverage of Vuzix with a rating of Buy
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