PRESS RELEASE
Issued by: Vuzix Corporation
Vuzix Corporation, ("Vuzix" or, the "Company") announced it has received a follow on order for and delivered a new version of a customised commercial avionics waveguide-based head mounted display (HMD) system to global tier-1 aerospace firm.
The customised HMD waveguide and HD display engine development program with this customer has continued to expand and move toward production since it was first announced in 2018. Vuzix had previously completed multiple stages of product development and refinement with this partner through early 2021, receiving engineering awards totalling approximately $1.3 million over a multi-year period.
"We are pleased with the steady progress we have made with this large aerospace player and look forward to potentially entering into a commercial production opportunity for Vuzix beginning in 2022," said Paul Travers, President and CEO of Vuzix. "OEM custom waveguide-based projects such as this should ultimately represent a profitable vehicle for leveraging our extensive optical expertise and IP and we look forward to announcing further production developments with this firm, as well as numerous other engineering and production opportunities with a growing list of aerospace and defense companies."
| Contact details from our directory: | |
| Vuzix Corporation | Computer-aided Engineering, Helmet-Mounted Displays (HMD) |
| Related directory sectors: |
| Indicators and Instruments |
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