Vuzix Announces Partnership With WakingApp

Most weeks have some degree of news from Vuzix. As we’ve mentioned previously on our coverage, the smart glasses company is perhaps the most prolific user of press releases in he industry. However this particular week in October has been something of a Vuzix-fest of news, as this will make the third announcement from the team in a week – and they’re all about very different things.
Vuzix - LogoToday’s news is one of partnerships, however. With the company, founded back in 1997, revealing that they have entered into a multi-year strategic partnership with the team from WakingApp. They will be supporting Vuzix’s augmented reality (AR) smart glasses through their ENTiTi AR Creator content creation platform. Currently at version 3.0, ENTiTi AR Creator “allows for rapid content creation, simple integration with existing apps, on-the-fly content updates, support multiple AR solutions including SLAM AR, QR tracking or Image Target AR using JavaScript for its advanced scripting capabilities”.

Vuzix in turn will be distributing up to 100,000 limited time licencees for ENTiTi to its various customers over the next two years. With model environments being released as demos for both its M300 and Blade Smart Glasses. The move is designed, the company says, to promote app creation, as Paul Travers, Vuzix President and Chief Executive Officer, explained.

“Our partnership with WakingApp will introduce a new community of developers to the Vuzix Blade and Vuzix M300 Smart Glasses opening the door for the creation of new applications and experiences for enterprise and consumers. WakingApp’s ENTiTi AR Creator 3.0 levels the playing field for developers by enabling individuals with zero coding skills to create AR content for Vuzix smart glasses. Vuzix is really excited to provide ENTiTi AR Creatorform.”

Vuzix Blade“We are extremely excited about this partnership, and of becoming an integral part of one the fastest growing segments in the AR space.” Adds Matan Libis, the CEO of WakingApp Ltd. “By integrating our ENTiTi 3.0 creator with Vuzix line of smart glasses we believe that there is great potential to accelerate the growth in both of our companies.”

VRFocus will have more AR related news, and probably more for Vuzix too, very soon.

Vuzix Recieves Follow-On Order for Smart Glasses At Changi Airport

Vuzix has becomes established as one of the leading companies supplying smart glasses and augmented reality (AR) equipment to companies and industries. The company has now announced that is has received a $1 million (USD) contract from SATS Ltd, a provider of services and solutions at Changi Airport.

The new contract is a follow-on order to provide M300 smart glasses to SATS Ltd at Singapore Changi Airport. SATS Ltd began piloting use of the M300 smart glasses for ramp handling operation in mid-2017, and is now expanding use to over 500 staff at Changi Airport.

Vuzix M300

Using the M300 smart glasses allows SATS staff to easily scan barcodes on baggage and cargo containers in order to improve the baggage handling process. The ramp handling staff will also be able to receive loading instructions in real time, which can give the ramp control cnte will a real-time overview of processes. SATA expects use of the AR equipment will improve accuracy and efficiency of baggage and cargo handling processes for larger wide-body aircraft, reducing loading timed by up to 15 minutes per flight.

SATS Ltd currently provides services in 60 airports in 62 cities across Asia and the Middle East, so a further expansion of AR equipment usage across SATS operations across Asia could have a substantial impact.

“SATS is a leader at innovation and now they are driving operational improvement through the use of Smart Glasses in their ramp handling operations. We are excited to be able to outfit SATS ramp handling staff at the Changi Airport with M300 Smart Glasses to help them quickly and accurately turnaround aircrafts and we look forward to additional smart glasses deployments with SATS in the future,” said Paul Travers, Vuzix President and Chief Executive Officer.

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For future coverage of Vuzix and other development in AR, keep checking back with VRFocus.

Vuzix Arranges Discussion of Q2 Financial Results

Earlier this year Vuzix issued a letter to its shareholders regarding what the company is expecting to achieve over the coming months and years. Vuzix revealed that they expected revenues for 2018 to exceed those of 2017, thanks to an increasing number of companies embracing VR technology. The upcoming conference call will be to review its operating results for Q2 of 2018.

Taking part in the conference call will be Vuzix CEO and President Paul Travers along with CFO Grant Russell, who will be discussing operational and financial highlights for the quarter ended 30th June, 2018.

Vuzix M300

Vuzix have previously indicated that they are doing well, with number of factor influencing the company’s growth. The company has noted that there are over 750 pilot schemes currently ongoing that utilise Vuzix augmented reality (AR) smartglasses technology, such as the M300 smartglasses.

Several companies have already agreed to upgrade from a pilot scheme to full roll-out for the technology, which sees a large increase in order numbers for the company, such as with the recent large order from AMA XpertEye, a video conferencing firm.

One of the key areas for Vuzix has been the industrial sector, which has turned to AR and in particular smartglasses to assist with functions such as remote maintenance, stock control and quality assurance, all while insuring that an employee’s hands are kept free.

“Our M300 Smart Glasses enterprise business continues to expand in 2018 and we are delighted to see an existing customer place a single follow-on M300 order that far exceeds their 2017 total order volume. Vuzix is making a concerted effort to work closer with our extensive M300 enterprise customer base to successfully migrate hundreds of active pilot programs into productive larger rollouts.” said Paul Travers, Vuzix President and Chief Executive Officer.

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Details of the upcoming conference call are as follows:

Date: Thursday, August 9, 2018

Time: 4:30 PM Eastern Time (ET)

Dial-in Number for U.S. and Canadian Callers: 877-709-8150

Dial-in Number for International Callers (Outside of the U.S. and Canada): 201-689-8354

For future coverage of Vuzix and other VR and AR related companies, keep checking back with VRFocus.

Vuzix Sees Order Numbers for Smart Glasses Rise

Vuzix have emerged as a leader in the field of enterprise-focussed augmented reality (AR), offering its services to various industries, seeing particular success with its M300 Smart Glasses system. The company reports that it has recently received on of its largest orders for M300 Smart Glasses, which came from AMA XpertEye Inc.

AMA XpertEye are specialists in videoconferencing, and its video conferencing systems are used in over 60 countries for purposes such as remote maintenance, remote support, knowledge-sharing and in-field assistance.

Vuzix M300

Previously, AMA XpertEye was using the M300 smart glasses as part of a pilot scheme, this has now been transformed into a full order, with Vuzix receiving orders from AMA XpertEye to date totalling $900,000 (USD).

“AMA has hundreds of active pilot programs and this follow-on order for Vuzix M300 Smart Glasses will help satisfy the growing demand and number of conversions to commercial rollouts we are seeing across our customer base,” said Christian Guillemot, AMA CEO and Founder.

“Our M300 Smart Glasses enterprise business continues to expand in 2018 and we are delighted to see an existing customer place a single follow-on M300 order that far exceeds their 2017 total order volume. Vuzix is making a concerted effort to work closer with our extensive M300 enterprise customer base to successfully migrate hundreds of active pilot programs into productive larger rollouts. AMA is a leader in the remote field service market and their new business represents a great example of the successful conversions we are starting to see from pilot programs to productive rollouts for Vuzix,” said Paul Travers, Vuzix President and Chief Executive Officer.

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Vuzix recently addressed shareholders with a letter where the company predicted that revenue would continue to rise as pilot schemes and trial runs were converted into full rollouts. This new order appears to lend credence to this prediction.

For future coverage on Vuzix and other VR and AR hardware, keep checking back with VRFocus.

Vuzix Completes FCC And EU CE Certification Processes For Their Blade Smart Glasses

Augmented reality (AR) technology company Vuzix has announced that it has completed, passed, and filed with the US Federal Communication Commission (FCC) all of the emission’s requirements for its next generation Vuzix Blade Smart Glasses.In additional to this, the company has also completed the European Union CE emission’s certification process related to the Vuzix Blade Smart Glasses.

Vuzix Blade 3000

Vuzix is a leading supplier of AR technologies, products, and smart glasses for consumer and enterprise markets with their Blade Smart Galsses being a widely recognised product within many sectors. With the news of their successful certification processes, the company is now one more step closer to deliver their next generation of AR smart glasses which will build on the already successful and solid foundation of their current offerings.

“Volume manufacturing of the Vuzix Blade Smart Glasses from our West Henrietta, NY facility has commenced.” said Paul Travers, President and Chief Executive Officer at Vuzix: “With FCC and EU certifications processes now complete we can commence broad shipping of our Vuzix Blade Smart Glasses to the application and enterprise Vuzix Blade Edge developer communities located within the USA, Canada and Europe,”

Vuzix

Recently Vuzix also highlighted their upcoming business developments including the expectation that revenues for 2018 will exceed those of 2017, with a number of factor influencing this boost. The company also has over 750 existing pilot schemes ongoing for the M300 smart glasses, with many others in the process of launching. As for orders, several existing customers have already placed follow-on orders and the company expects more to do so shortly.

Back in early June Vuzix also launched their developer center to provide resources for those looking to build applications using their smart glasses. This resource not only aims to get developers up and run with building for AR in as little time as possible. Once more, the Blade Smart Glasses Developer Center includes example code and projects, along with plenty of documentation, to ensure that even those will little experience building AR applications can still learn how to do so, opening up the doors to future developers and content creators.

As always, keep reading VRFocus to stay up to date on the latest from Vuzix.

Vuzix Highlights Upcoming Business Developments

Augmented reality (AR) smartglasses company Vuzix have become one of the most recognisable names in the enterprise-level AR industry, providing a number of businesses with AR technology. The company has issues a letter to its shareholders which provides an overview of what Vuzix expects to achieve in the near future.

Some of they key points in the letter concern business developments for the near term and what can be expected to happen over the next year.

Vuzix Blade 3000

Vuzix expects that revenues for 2018 will exceed those from 2017, with a number of factors influencing this boost in revenue.

The letter notes that there are over 750 existing pilot schemes ongoing for the M300 smartglasses, with many others in the process if launching. Several existing customers have either already placed follow-on orders, or are expected to do so shortly.

Many present customers and VIP partners have already surpassed their order totals for the M300, with many more expected to surpass 2017 order totals by the middle of 2018. The broadening footprint of the M300 across the world is also fuelling sales, as it becomes certified in new regions, such as Eastern Europe, South American and Asia.

The level of interest in both the M300 and Vuzix Blade smartglasses is expected to rise thanks to the integration of Amazon and Oracle cloud-based analytics, which will give companies new data sources to use.

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Vuzix are also anticipating new incoming revenue streams with the launch of the Vuzix Blade and the Toshiba AR100, along with an increasing number of OEM contracts and provision for engineering services.

A number of recent reports and studies have shown that AR is a growth area, with many analysts predicting that business and enterprise use of AR technology will only continue to rise over the coming months and years.

As usual, VRFocus will keep you update on new developments in the AR industry.

Vuzix First Quarter Financial Results For 2018 Are Strong

Leading supplier of smart glasses, augmented reality (AR) technologies and products for consumer and enterprise markers, Vuzix, has reported their first quarter financial results for the period ended March 31st, 2018.

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The report is a show of an impressive revenue of $1.5 million (USD), an increase of 28% compared to the $1.2 million generated in the first quarter of 2017. The companies smart glasses revenue eclipsed $1.0 million for the third consecutive quarter with $1.2 million of sales, an increase of 30% compared to the $0.9 million for the first quarter in 2017. The Vuzix M300 Smart Glasses sales have increased 101% year-over-year. These numbers are helped by the initial purchase order from Toshiba for Vuzix-developed Windows-based smart glasses and commenced volume production totalling $1.1 million.

“With an expanding set of AR products in place and numerous emerging opportunities, we expect 2018 to be another year of growth for Vuzix,” said Paul Travers, President and CEO of Vuzix. “The industry response to; and interest in the Vuzix Blade launch has been very strong. Our enterprise footprint continues to grow and gain traction, driven by the Vuzix M300 Smart Glasses and successful sell-through to new customers of our Vuzix Basics Video SaaS product offering, which was commercially launched in December 2017.”

Vuzix First Quarter 2018

Gross profit for the company was roughly $0.2 million (USD) for the three months ended March 31st, 2018, as compared to the gross profit of $0.1 million for the same period back in 2017. This reflects the improved M300 smart glasses margins and higher total overall revenues which have helped the company produce these numbers in such a short time frame. The expense on research and development (R&D) for the three month perio was $2.1 million which again was up compared to the $1.7 million of 2017. The increased R&D efforts were driving by the increase in R&D staff in 2018 versus 2017 for the same period, showing again that the companies continued growth and production efforts are going as planned.

“2018 is off to a strong start.” said Paul Travers, President and CEO of Vuzix: “We expect revenue to expand further in the second quarter fueled by the introduction of several new smart glasses product offerings into the market during the first half of 2018. Volume shipments of M300 type-C Smart Glasses to Toshiba which began at the end of the first quarter are expected to increase significantly beginning in the second quarter.”

Travers continued by saying: “Vuzix Blade Smart Glasses volume production should begin in the coming weeks resulting in shipments to our developer community, customers and strategic partners beginning before the end of the second quarter. Vuzix added approximately 200 M300 pilot programs across a variety of industries and continues to see shifts occurring in the enterprise space as more pilot programs move to multi-site rollouts. We expect 2018 to be another year of significant revenue growth across our markets.”

The report shows that Vuzix has had an impressive start to 2018 with the numbers over set to grow over the course of the year following future deals and products that are already in production. With the M300 smart glasses making waves and Vuzix continuing to prove they are a reliable and trusted business partner, they have started 2018 with a solid performance.

For more on Vuzix in the future, keep reading VRFocus.

Vuzix M300 Smart Glasses Showcased At ModernCX

Vuzix Corporation, a leading supplier of Smart Glasses and augmented reality (AR) technologies and product for both consumer and enterprise markers, have revealed that the company has been selected by Oracle to showcase Oracle Service Cloud solutions.

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This announcement means that the Vuzix M300 smart glasses were showcasing Oracle Service Cloud solutions for wearable computing at the Modern CX event in Chicago,  Illinois at McCormick Place Building West earlier this week. The event was attended by over 4,000 people with around 300 customer sessions and keynotes from Oracle CEO, Mark Hurd. The event was an opportunity to unite with thousands of Marketing, Service, Sales, and Commerce professionals, sharing challenges and victories while learning from their peers.

Oracle demonstrated how the Vuzix M300 smart glasses can be a part of workflow demonstrations for field service, offering new chance for improved performance. The combination of the Vuzix M300 smart glasses and Oracle’s Service Cloud solutions is almost a pairing made in heaven, as the two bring together the best of each companies focus and deliver it in one lightweight, wearable product.

Vuzix M300 Visual Aid

Vuzix Director of Sales for North America and APAC, Joe Surprenant, was also in attendance presenting in the Showcase Theater with “Driving Value in Field Service and Manufacturing with AR & Vuzix Smart Glasses”, offering guests another chance to dive deep into the product and the companies focus to improve workflow.

The Vuzix M300 smart glasses deliver a “hands free” user experience, providing unprecedented access to information and data which otherwise would require the user to look away. With exciting opportunities for application in driving productivity and manufacturing, both for enterprise operations and consumers, the M300 smart glasses is a product that is designed to aim in bring improvements to business and everyday tasks in an engaging and accessible manner. With a number of accessories able to enable expand the functionally of the M300 smart glasses, they make for an ideal choice for anyone looking for AR smart glasses that enrich the work environment.

Earlier this year Vuzix also enhanced a high-school student’ vision thanks to a visual aid software called Cyber Eyez, which allows the user to access a range of features useful for visual impaired people.

For more on Vuzix and the M300 smart glasses in the future, keep reading VRFocus.

Vuzix Enhances Vision For High-School Student

For people who grew up watching sci-fi shows such as Star Trek: The Next Generation, one of the dreams of vision and imaging technology is to bring sight to those who are blind or partially sighted. Smart glasses company Vuzix have taken a step towards that goal with the use of its M300 smart glasses.

Junior High School student Alyssa Baxter lives in the Portage area of Pennsylvania. She was born with a condition called optic nerve hypoplasia, which causes many of the optic nerves to be underdeveloped, creating a kind of extreme near-sightedness. In order to read or write, Baxter must be a mere nose-length away from the paper. “You’d be surprised at how bad some books smell,” Alyssa said half-jokingly.

Vuzix M300

In order to help her in the classroom, the school distract has installed desktop-sized camera rigs so Baxter can see what is happening at the front of the classroom, but this equipment is expensive, unwieldy and impractical to install in every location Baxter needs to use.

Which is where the Vuzix M300 Smart Glasses come in. By using a visual aid software called Cyber Eyez, Baxter can access a range of features useful for visually impaired people, such as read-aloud text, object and colour recognition, barcode scanning for product recognition, and for social situations a mode that can let the wear know someone’s expression.

Portage’s Director of Special Education, Pete Noel, watched as Baxter received the device and instructions on its use. “A lot of us need glasses. Without them, how would we get by?” said Noel. “Imagine what a challenge it is for people like Alyssa who have severe vision problems? I’m really excited to see if these glasses help, if they can eliminate some barriers for her and other students.”

Vuzix Chief Operating Officer and long-term Pennsylvania resident Paul Boris was on hand for the event on Tuesday and added, “The combination of ergonomic and functional smart glasses like the Vuzix M300 combined with the right software application provides a solution that is commercially available today that can deliver sight to visually impaired individuals like Alyssa Baxter, and the entire team is excited that we can help in some way.”

For further news on Vuzix and other developments in the VR industry, keep and eye on VRFocus.

Vuzix M300 Smart Glasses Introduce Vuforia Support

As previously reported, Vuzix have had a good year, deriving much benefit from the increased interest in use of augmented reality (AR) for business and manufacturing applications. In an effort to extend its reach still further, Vuzix have been working with PTC to introduce support for PTC’s Vuforia platform to the M300 line of smart glasses.

Vuzix have long been a company aiming at improving business outcomes with the use of AR technology, an area that has seen a rise in interest with the launch of Apple’s ARKit and the re-launch of Google Glass an an enterprise-focussed solution. Vuforia is one of the most popular software platforms for AR application development, and the introduction of Vuforia support for the M300 smart glasses will make it easier for developers to create apps for the device.

Vuzix has worked closely with PTC to optimise Vuforia for the Intel Atom processor and Android OS used by the M300 smart glasses. Vuforia developers can now download the Unity 2017.3 Beta or the Vuforia Early Access release for the Vuzix M300 on the Vuzix developer portal in order to begin working on applications for the device.

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“This is an important milestone for AR in the enterprise, where hands-free devices are critical to adoption. Enterprise developers and solution providers can now develop and deploy Vuforia applications on the M300 – a proven device in the enterprise,” said Jay Wright, President, Vuforia at PTC.

“We are excited for our M300 Smart Glasses to be fully supported by the Vuforia AR platform,” said Paul Travers, CEO and president, Vuzix. “Vuforia will enable us to expand our market opportunities across various enterprise market verticals while also helping us to differentiate the M300 versus the competition.”

The Vuzix M300 smart glasses are currently being shipped to 45 countries worldwide, with plans to expand to a further ten countries over the next few months.

VRFocus will bring you further news on Vuzix as it becomes available.