Vuzix Receives OEM Purchase Orders For Engineering Services And Product Solutions From Two Defense Customers
Portfolio Pulse from Benzinga Newsdesk
Vuzix Corporation (VUZI) has received new OEM purchase orders for engineering services and products from two defense customers. The first customer aims to add smart capabilities to their helmet solutions, while the second customer plans to design AR goggles for soldiers to remotely give orders to animals.
May 22, 2023 | 2:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Vuzix Corporation has received new OEM purchase orders from two defense customers, potentially expanding its market reach and revenue.
Vuzix has secured new OEM purchase orders from two defense customers, which could lead to an expansion of its market reach and an increase in revenue. The company's advanced waveguide and display solutions are gaining traction among defense contractors, which is a positive sign for its growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100