OverviewSuggest Edit

Founded in 1997, Vuzix is a growing, dynamic company that specializes in the design and manufacture of high quality wearable optical display systems for commercial, industrial, and consumer applications. Products include consumer video, gaming display, medical, and ruggedized display systems for industrial customers. Our rapid response philosophy provides turnkey solutions for components and fully integrated solutions engineered to customer requirements Worn like regular glasses, all of our Video Eyewear models provide a big screen viewing experience ranging from 44" to 75" virtual displays. Now you can connect to PCs, portable media players, gaming consoles, mobile phones and laptops.
TypePublic
Founded1997
HQWest Henrietta, US
Websitevuzix.com

Latest Updates

Employees (est.) (Mar 2020)90(+10%)
Job Openings1
Revenue (FY, 2019)$6.7 M(-17%)
Share Price (Oct 2020)$4.9 (+5%)
Cybersecurity ratingAMore

Key People/Management at Vuzix

Edward Kay

Edward Kay

Director
Paul J. Travers

Paul J. Travers

CEO, President and Director
Alexander Ruckdaeschel

Alexander Ruckdaeschel

Director
Grant Russell

Grant Russell

CFO, Executive Vice President, Treasurer and Director
Timothy Harned

Timothy Harned

Director
Shane Porzio

Shane Porzio

Vice President Engineering
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Vuzix Office Locations

Vuzix has offices in West Henrietta, Minato City and Oxford
West Henrietta, US (HQ)
25 Hendrix Rd
Minato City, JP
Akasaka Bldg., 4-chōme-1-32 Akasaka
Oxford, GB
St Johns House, 5 South Parade, Summertown
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Vuzix Financials and Metrics

Vuzix Revenue

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Vuzix's revenue was reported to be $6.67 m in FY, 2019
USD

Revenue (Q2, 2020)

3.0m

Gross profit (Q2, 2020)

795.9k

Gross profit margin (Q2, 2020), %

26.2%

Net income (Q2, 2020)

(4.2m)

EBIT (Q2, 2020)

(4.2m)

Market capitalization (16-Oct-2020)

207.7m

Closing stock price (16-Oct-2020)

4.9

Cash (30-Jun-2020)

13.2m

EV

201.6m
Vuzix's current market capitalization is $207.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

418.0k66.6k310.1k85.0k11.9m14.5m14.9m17.3m10.6m

Accounts Receivable

1.1m170.6k214.9k383.5k325.7k103.3k974.2k772.3k1.4m

Prepaid Expenses

74.6k85.8k873.9k1.3m895.1k

Inventories

2.5m687.2k953.6k26.5m48.1m2.7m3.9m7.3m5.7m
USDQ2, 2011

Debt/Equity

-0.8 x

Debt/Assets

0.6 x

Financial Leverage

-1.5 x
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Vuzix Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

50 50 50

Patent Applications

10 23 39

Patents Pending

39 40 51

Trademarks (Foreign)

41 42 42
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Vuzix Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Vuzix Online and Social Media Presence

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Vuzix News and Updates

­­­­SHL Group Deploys Vuzix Smart Glasses for Business Continuity, Training and Remote Inspection

ROCHESTER, N.Y., Oct. 12, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that SHL Group (Scandinavian Health Ltd) has commenced deployment of Vuzix M400...

Vuzix Receives International Regulatory Approvals and Begins Shipping Vuzix Blade® Upgraded Smart Glasses

ROCHESTER, N.Y., Sept. 29, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today is announcing that the Company has received regulatory approvals for the Blade...

Vuzix Announces Support for Oculogx's Omnichannel Fulfillment Product Suite to Support the Growing Trend in E-Commerce Curbside Delivery

ROCHESTER, N.Y., Sept. 11, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company's M-Series smart glasses now support Oculogx, a provider of...

Vuzix M400 Smart Glasses Successfully Used in Patient Surgeries, ICUs and Emergency Rooms at the Chi-Mei Medical Center in Taiwan

ROCHESTER, N.Y., Sept. 9, 2020 /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 Vuzix M400 Smart Glasses have successfully completed several hundred...

Thinking about buying stock in Gevo Inc, Kitov Pharma, Plug Power, American Airlines, or Vuzix Corp?

NEW YORK, Sept. 4, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GEVO, KTOV, PLUG, AAL, and VUZI. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Vuzix Announces $15.5 Million Registered Direct Offering

ROCHESTER, N.Y., Sept. 4, 2020 /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 it has entered into agreements with long standing institutional and...
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Vuzix Blogs

Clorox Deploys Vuzix M400 Smart Glasses to Tackle Operational Challenges Brought Upon by the COVID-19 Pandemic

- Vuzix Smart Glasses used to conduct quarterly audit activities remotely eliminated hours of unnecessary personnel travel time - Vuzix Smart Glasses help reduce manufacturing downtime by 20% ROCHESTER, N.Y., Sept. 25, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Comp…

Pixee Medical Completes its First Total Knee Replacement Surgery Guided Solely by the Vuzix M400 Smart Glasses

Surgeon's performance using AR+ for a total knee replacement operation marks a further milestone in advanced surgery Vuzix to host webinar for smart glasses in medical use cases during and beyond the COVID-19 pandemic ROCHESTER, N.Y., Sept. 2, 2020  /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZ…

Vuzix Releases Details of its Next Generation Smart Glasses Powered by Micro-LED and Other Advanced Technologies

Sleek new designer styled smart glasses based on waveguides and micro-LED displays expected to become available in 2021 ROCHESTER, N.Y., Sept. 2, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) tec…

Vuzix to Host Webinar with University of Louisville School of Medicine to Discuss Smart Glasses Usage in Healthcare During COVID-19 and Beyond

ROCHESTER, N.Y., Aug. 25, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company will host a webinar with University of Louisville School of Medicine to…

Vuzix to Present at the LD 500 Virtual Conference

ROCHESTER, N.Y., Aug. 24, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will be presenting at the LD 500 Virtual Conference being h…

Vuzix Expands HIPAA Compliant Healthcare Offerings with the Addition of Telepresenz from CARE4D for the M400 Smart Glasses

Telepresenz from Care4D offers hands-free augmented reality functionality for healthcare and enterprise professionals ROCHESTER, N.Y., Aug. 13, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) techn…
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Vuzix Frequently Asked Questions

  • When was Vuzix founded?

    Vuzix was founded in 1997.

  • Who are Vuzix key executives?

    Vuzix's key executives are Edward Kay, Paul J. Travers and Alexander Ruckdaeschel.

  • How many employees does Vuzix have?

    Vuzix has 90 employees.

  • What is Vuzix revenue?

    Latest Vuzix annual revenue is $6.7 m.

  • What is Vuzix revenue per employee?

    Latest Vuzix revenue per employee is $74.1 k.

  • Who are Vuzix competitors?

    Competitors of Vuzix include ThirdEye Gen, MicroVision and VRteek.

  • Where is Vuzix headquarters?

    Vuzix headquarters is located at 25 Hendrix Rd, West Henrietta.

  • Where are Vuzix offices?

    Vuzix has offices in West Henrietta, Minato City and Oxford.

  • How many offices does Vuzix have?

    Vuzix has 3 offices.