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Vuzix Corp (Vuzix) is an Eyewear company. It carries outthe design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays (“HMDs”) in the form of Smart Glasses and Augmented Reality (AR) glasses. It's product portfolio include include a built-in computer, cameras, and sensors that enable the user to view, record and interact with video and digital content. The company operates in the US, Finland and the UK. Vuzix is headquartered in West Henrietta, New York, the US.
Headquarters
United States of America
Address
25 Hendrix Rd Ste A, West Henrietta, New York, 14586-9205
Website
www.vuzix.com
Telephone
1 585 3595900
No of Employees
111
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
VUZI (NASD)
Revenue (2021)
$11.8M
-10.1%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
-1%
(2021 vs 2020)
Market Cap*
$97.1M
Net Profit Margin (2021)
XYZ
-12.3%
(2021 vs 2020)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Smart Glasses | OEM |
| Vuzix M400 | Technology |
| Vuzix M4000 | Enterprise Provision Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, the company launched INCOGNITO technology. |
| 2023 | Contracts/Agreements | In September, the company entered into an agreement with Printer Distribution Company to distribute and support Vuzix smart glasses products to its customers across Africa. |
| 2023 | Contracts/Agreements | In June, the company entered into a distribution agreement with ASK Corporation, aims to capitalize on the increasing demand for innovative AR solutions. |
Competitor Comparison
| Key Parameters | Vuzix Corp | Samsung Electronics Co Ltd | Cisco Systems Inc | Oracle Corp | Qualcomm Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | South Korea | United States of America | United States of America | United States of America |
| City | West Henrietta | Suwon | San Jose | Austin | San Diego |
| State/Province | New York | Seoul | California | Texas | California |
| No. of Employees | 111 | 98,557 | 84,900 | 164,000 | 50,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shabbir Khambati | Chairman | Executive Board | 2024 | - |
| Paul J Travers | Chief Executive Officer; President; Director | Executive Board | 1997 | 61 |
| Grant Russell | Director; Chief Financial Officer; Executive Vice President | Executive Board | 2009 | 70 |
| Pete Jameson | Chief Operating Officer | Senior Management | 2022 | - |
| Shane Porzio | Vice President - Engineering | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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