Vuzix announces orders from three Tier-1 aerospace and defense contractors

Vuzix announced it has recently received and partially delivered against additional follow-on and new design orders from three Tier-1 aerospace and defense contractors with which it has been working. The revenue associated with these OEM orders is in the mid six-figure range. The Company expects to receive additional NRE orders for subsequent phases from some of these contractors. Once final customer-accepted product designs have been achieved, they could ultimately lead to production program orders. In at least one case, these deliveries are pre-production components. For the first customer, Vuzix is delivering a customized waveguide-based optics engine that is intended to be used in head borne systems designed for military applications. For the second customer, a global Tier-1 aerospace and defense firm, Vuzix has received a follow-on order for additional pre-production units for their customized avionics waveguide-based head mounted display system, as well as a new design order for a different waveguide-based display. For the third customer, a US-based leader in technologically advanced and intelligent solutions for the global aerospace and defense industry, Vuzix is continuing to deliver assets for the Phase 2 development of a cost efficient, lightweight heads-up display, or HUD, for a unique HMD based application.