Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success
Vuzix(VUZI) Prnewswire·2024-10-02 17:00- Partnership and strategic $20 million investment by Quanta Computer with the first $10 million received; focused on manufacturing waveguides at scale and developing AI smart glasses for the broad markets. - Vuzix waveguide technology continues to lead and is the core of AI smart glasses. - Expanding OEM/ODM opportunities and recent partnerships with Quanta, Garmin and others. - Implemented key initiatives to enhance operational efficiency, including reducing capital expenditures and headcount. ROCHESTER, ...