Vuzix, Avegant Collaborate to Develop Waveguide Optical Modules for AI-Enabled Smart Glasses

MT Newswires Live06-20

Vuzix (VUZI) said Thursday it has entered into a collaboration with Avegant, a provider of light engine technology, to develop waveguide optical modules for artificial intelligence-enabled smart glasses.

Financial details weren't disclosed.

The collaboration aims to develop an augmented reality display module for AI-enabled smart glasses by integrating Avegant's compact light engine with Vuzix's customized waveguide technology, Vuzix said.

The companies unveiled the prototypes this week at Augmented World Expo USA in California and plan to introduce a fully optimized version at the Consumer Electronics Show in Las Vegas in 2025, Vuzix said.

Shares of Vuzix were up 2.3% in recent Thursday trading.

Price: 1.36, Change: +0.03, Percent Change: +2.26

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