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Profile: Vuzix Corp (VUZI.A)

VUZI.A on American Stock Exchange

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17 Jul 2019
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Vuzix Corporation, incorporated on October 16, 1997, is engaged in the design, manufacture, marketing and sale of wearable display devices and smart glasses devices known commercially as Video Eyewear (also referred to as head mounted displays (HMDs), Smart Glasses, wearable displays, video glasses, personal viewers, near-eye virtual displays, and near-eye displays or NEDs). These devices are worn like eyeglasses and feature built-in video screens and in some cases a computer, that enable the user to view and interact with video and digital content, such as movies, computer data, the Internet or video games. Its Video Eyewear products provide virtual large high-resolution screens, fit in a user's pocket or purse and can be viewed practically anywhere, anytime. Its Video Eyewear are designed to work with mobile electronic devices, such as cell phones, laptop computers, tablets, portable media players and gaming systems.

The Company produces and sells a range of types of wearable display products: Video Eyewear (for on-the-go users as mobile displays for entertainment, gaming and Virtual Reality (VR) for stepping into virtual worlds, simulations and gaming), and Smart Glasses with Augmented Reality (AR) (for overlaying virtual information from the cloud onto the real world). Its products are available with varying features, including with and without computers, and are offered as either monocular or binocular display systems. Its Smart Glasses have many of the capabilities of a smartphone, such as cameras and computer processors that can allow applications to be run directly in the Smart Glasses, enabling cloud connected applications through a wireless link directly with the glasses. The Company focuses on enterprise, consumer and AR sectors. The Company's technologies that it incorporates in its products include Microdisplay optics, See-Through Waveguides, Custom Display Engines and Nanoimprinting.

Binocular Video Eyewear Products

The Company's Video Eyewear products include several models with differing native resolutions and virtual screen sizes. Its binocular Video Eyewear products contain over two micro displays (a separate display for each eye), mounted in a frame attached to eyeglass-style temples or stereo headphones. These products enable mobile and hands-free private viewing of video content on screens that simulate home theater-sized screens, all of which support three-dimensional (3D) video applications. These products can be employed as mobile high-resolution displays with products, such as smartphones with video output capability, laptop computers, tablet computers and personal digital media/video players (such as video iPods). The Company's binocular Video Eyewear concept, Video headphones, are noise isolating audio headphones with an High Definition (HD) video visor that slides down in front of the user's eyes to create a wearable home theater experience.

Monocular Video Eyewear Products

The Company's M2000AR has tracking sensors, hi-resolution camera, High-Definition Multimedia Interface (HDMI) interface and see through waveguide-based optics that can be mounted to hardhats or goggles. Its monocular smart glasses products are The M300 and the M3000 Monocular Waveguide Smart Glasses.

Virtual Reality Products

The Company's VR Video Eyewear products provide a user with 3D computer simulated environments that can simulate the real or an imaginary world. Its VR Products are binocular.

Augmented Reality Products

The Company's AR products provide a user a live, direct or indirect, view of a physical, real-world environment whose elements are augmented by computer generated sensory input such as sound, video, graphics or global positioning system (GPS) data. It also contains head tracking technology, which enables the user to look around the environment being viewed by moving his or her head, which in turn sends that information back to the computer, which then adjusts the computer generated AR image accordingly. Its M100 Smart Glasses are an intelligent wearable computing systems designed to enable computing and AR cloud connected information to the real world. The M100 Smart Glasses include a display, camera, compass, motion-tracker, GPS and audio system for wirelessly connecting through Bluetooth or Wireless Fidelity (Wi-Fi).

The Company competes with Carl Zeiss, Seiko Epson, Sony Corporation, Acupix, Brother International, Oculus, Kopin Corporation, Liteye Systems, Inc., Lumus, Shimadzu Corporation, Zebra Technologies, Creative Display Systems, Garmin BAE Systems, Six-15 Technologies, LLC, Rockwell Collins, Inc., Hitachi, Toshiba Corporation, Murata, Olympus, Google, 5DT Inc., eMagin Corporation, Facebook, MicroVision, Inc., Lumus Ltd., Kaiser Electro Optics Inc., Apple Inc., LG Electronics, Fitbit, Microsoft, Nokia Corporation, Sony Ericsson Mobile Communications AB, Blackberry, Samsung Electronics Co., Ltd., Pebble and Qualcomm.

Company Address

Vuzix Corp

25 Hendrix Rd Ste A
WEST HENRIETTA   NY   14586-9205
P: +1585.3595900
F: +1585.3594172

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