Vuzix New State-Of-The-Art Manufacturing Plant For Optical Waveguides Opens
Portfolio Pulse from Benzinga Newsdesk
Vuzix Corporation (NASDAQ:VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technology, has announced the commencement of waveguide production at its new state-of-the-art manufacturing facility. The facility, which is located adjacent to the company's headquarters, will significantly increase unit capacity and lower manufacturing costs. The waveguides produced will be used in products based on the company's Ultralite OEM Platform.
September 26, 2023 | 1:14 pm
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Vuzix's new manufacturing facility is expected to increase production capacity and reduce costs, which could potentially boost the company's profitability and competitiveness in the AR market.
The new manufacturing facility will allow Vuzix to increase production and reduce costs, which could lead to increased profitability. Additionally, the production of waveguides for the company's Ultralite OEM Platform could enhance the company's product offerings and competitiveness in the AR market.
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