Vuzix Corporation, a supplier of smart glasses and augmented reality (AR) technology and products, has recently received additional follow on orders from three defense contractors with which it has been working. These are primarily second and third round orders for waveguide-based products that continue the progression towards expected volume commercial rollouts.
Vuzix is presently engaged with a total of five different aerospace and defense contractors who are in various stages of their solution development utilizing Vuzix components. The company expects further NREs in subsequent phases from some of these contractors before a customer-accepted final product design would lead to an eventual production program order while, in at least one case, these are early production components.
"The need for AR (augmented reality) based wearable devices is going to be pervasive and the defense space is no exception; as a result, our aerospace and defense-related OEM opportunities continue to expand. We are ideally positioned as the only US-based manufacturer of waveguides for these kinds of products," said Paul Travers, President and CEO of Vuzix. "We will continue to develop and refine the waveguide and display engine technologies that these contractors need for their next-generation solutions as we move closer to final production rollouts.”