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Vuzix Corp (Vuzix) is an optical technology company that carries out the design, manufacture, marketing, and sale of augmented reality wearable display and computing devices. Its product portfolio includes smart glasses, accessories, and prescription lenses. The company services include original equipment manufacturer, vuzix ultralite original equipment manufacturer, platform, technology, and enterprise provisioning service. Vuzix serves healthcare, manufacturing, field service, and warehousing. 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
Suite A, 25 Hendrix Road, West Henrietta, New York, 14586-9205
Website
www.vuzix.com
Telephone
1 585 3595900
No of Employees
88
Industry
Technology and Communications
Ticker Symbol & Exchange
VUZI (NASD)
Revenue (2024)
$6.3M
9.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
56.1%
(2024 vs 2023)
Market Cap*
$219.5M
Net Profit Margin (2024)
XYZ
59.8%
(2024 vs 2023)
* As of and is in US$
Vuzix Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Glasses | Original Equipment Manufacturer (OEM) | Vuzix |
| Vuzix Ultralite Original Equipment Manufacturer (OEM) Platform Support | ||
| Design Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Asset Purchase | In April, the company acquired an advanced waveguide R&D facility in Milpitas, California, the US. |
| 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. |
Competitor Comparison
| Key Parameters | Vuzix Corp | Samsung Electronics Co Ltd | Oracle Corp | Cisco Systems Inc | 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 | Austin | San Jose | San Diego |
| State/Province | New York | - | Texas | California | California |
| No. of Employees | 88 | 129,480 | 162,000 | 86,200 | 52,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul Travers | President; Chief Executive Officer; Director | Executive Board | 1997 | 63 |
| Grant Russell | Chief Financial Officer; Treasurer; Director; Executive Vice President | Executive Board | 2000 | 72 |
| Shane Porzio | Vice President - Engineering | Senior Management | - | - |
| Chris Parkinson | President - Enterprise Solutions | Senior Management | 2025 | - |
| Eric Black | General Counsel | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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