Vuzix | Jotup

Vuzix Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results and Business Update

Retrieved on:

Tuesday, April 9, 2024

Augmented reality, ID, Smartglasses, Vuzix

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time.

Key Points:

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time.
The link will become active approximately 15 minutes prior to the start of the conference call.
Telephonic and webcast replays will be available for 30 days starting on April 15, 2024 at approximately 5:30 PM (ET).
To access the telephonic replay, please dial 877-660-6853 in the U.S. or Canada and 201-612-7415 for international callers.

BCC Research Forecasts Global Spatial Computing Market to Surpass $150.5 Billion by 2028

Retrieved on:

Monday, April 1, 2024

BOSTON, April 1, 2024 /PRNewswire/ -- Global Spatial Computing Market refers to the worldwide industry that creates and sells technology allowing digital information to interact with the physical world. This includes things like virtual reality, augmented reality, and other tools that merge digital content with our real environment. It's a broad market that involves hardware like headsets and software applications that create immersive experiences for various purposes, like gaming, education, and more.

Key Points:

This report on global spatial computing market provides comprehensive insights and analysis, addressing the following key questions:
What is the projected market size and growth rate of the global spatial computing market?
Global market for Spatial Computing was valued at $57.20 billion in 2022 and is expected to reach $150.46 billion by 2028, growing at a CAGR of 17.5% from 2023 to 2028.
By the end of 2028, the Augmented Reality (AR) segment will continue to dominate the global Spatial computing market.
Which region has the highest market share in the global spatial computing market?

Vuzix to Delay Filing of Its 10-K Annual Report and Postpone Related Investor Conference Call

Retrieved on:

Wednesday, March 27, 2024

Augmented reality, Form 10-K, Smartglasses, Exchange, Annual report, Vuzix

ROCHESTER, N.Y., March 27, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that due to the expanded nature of the audit for 2023 regarding certain transactions and time required to complete it, the Company plans to file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission that allows for a 15-day grace period for the filing of its Form 10-K.

Key Points:

ROCHESTER, N.Y., March 27, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that due to the expanded nature of the audit for 2023 regarding certain transactions and time required to complete it, the Company plans to file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission that allows for a 15-day grace period for the filing of its Form 10-K.
The Company believes that all required audit procedures will be completed in time so that it may file its Form 10-K within the 15-day grace period.
In light of the ongoing audit procedures and the filing status of the 10-K, the Company will not host an earnings call in connection with these results, and the event previously scheduled for March 28, 2024 at 4:30 PM ET has been cancelled.
Management will continue to make timely disclosures of any material information regarding the filing of its Annual Report on Form 10-K and will announce a new earnings call date and time within the 15 day grace period.

Vuzix Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results and Business Update

Retrieved on:

Monday, March 11, 2024

Augmented reality, ID, Smartglasses, Vuzix, Mobile phone

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time.

Key Points:

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time.
The link will become active approximately 15 minutes prior to the start of the conference call.
Participating on the call will be Vuzix Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who will discuss operational and financial highlights for the quarter and year ended December 31, 2023.
Telephonic and webcast replays will be available for 30 days starting on March 28, 2024 at approximately 5:30 PM (ET).

AR Optics: IDTechEx Explores Insights from IDTechEx at CES 2024

Retrieved on:

Tuesday, February 13, 2024

Innovation, Market, Field of view, Polymer, Oppo, Meta, Z100, Glass, TCL, Players, Vuzix, Apple, CES, Microsoft HoloLens, Face, Telescopic sight

However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.

Key Points:

However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.
The two biggest AR headset announcements at this year's CES took very different approaches.
TCL's upcoming RayNeo X2 Lite headset fell under the banner of "lite AR".
The stories presented here provide only a small portion of IDTechEx's insights from CES 2024, which are available to their subscribers, amongst much more timely information on emerging technologies on their portal.

AR Optics: IDTechEx Explores Insights from IDTechEx at CES 2024

Retrieved on:

Tuesday, February 13, 2024

Innovation, Market, Field of view, Polymer, Oppo, Meta, Z100, Glass, TCL, Players, Vuzix, Apple, CES, Microsoft HoloLens, Face, Telescopic sight

However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.

Key Points:

However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.
The two biggest AR headset announcements at this year's CES took very different approaches.
TCL's upcoming RayNeo X2 Lite headset fell under the banner of "lite AR".
The stories presented here provide only a small portion of IDTechEx's insights from CES 2024, which are available to their subscribers, amongst much more timely information on emerging technologies on their portal.

Vuzix Announces That NTT QONOQ Now Supports the Use of Its NTT XR Real Support Solution on Vuzix M400 Smart Glasses

Retrieved on:

Monday, January 29, 2024

Smartglasses, Electricity, XR, Telecommunications, NTT, Safety, Augmented reality, Ageing, Vuzix

ROCHESTER, N.Y., Jan. 29, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that NTT QONOQ, the XR arm of NTT Group, Japan's leading company in the telecommunications business, now supports the use of its NTT XR Real Support solution on Vuzix M400™ smart glasses.

Key Points:

ROCHESTER, N.Y., Jan. 29, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that NTT QONOQ, the XR arm of NTT Group, Japan's leading company in the telecommunications business, now supports the use of its NTT XR Real Support solution on Vuzix M400™ smart glasses.
NTT XR Real Support* is a remote work support solution using mixed reality (MR) technology to solve problems such as technical transfer, manpower shortage, and ensuring safety.
It contains various functions of web conferencing tools, and MR functions provide support for on-site work that cannot be achieved by other tools.
We look forward to working with them to bring Vuzix smart glasses to a wide range of their customers."

Augmented Reality (AR) Industry Insights 2024-2030 Featuring Recent Developments & Revenue Metrics Across Multiple Applications for Key Players Kopin, Seiko Epson, and Vuzix Among Others

Retrieved on:

Friday, January 19, 2024

Likewise, AR technology is advancing on multiple fronts, with compact and lightweight AR headsets increasing consolation and portability.

Key Points:

Likewise, AR technology is advancing on multiple fronts, with compact and lightweight AR headsets increasing consolation and portability.
Besides, North America leads augmented fact (AR) adoption, fuelled by industry giants Microsoft, Google, and Meta, spearheading hardware and software program innovation.
Leading worldwide augmented reality (AR) businesses include Kopin Corporation, Seiko Epson Corporation, Vuzix, Lenovo Group Limited, Samsung Electronics Co. Ltd., Google LLC (Alphabet Inc.), Apple Inc., and Microsoft Corporation.
Component - Augmented Reality Market breakup from 2 viewpoints:
Device Types - Augmented Reality Market breakup from 3 viewpoints:

Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

Retrieved on:

Wednesday, December 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points:

Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

Retrieved on:

Wednesday, December 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points:

Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.