ROCHESTER, N.Y., March 14,
2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of
AI-powered Smart glasses, waveguides and Augmented Reality (AR)
technologies and products, today announced that Moviynt®, its
wholly owned subsidiary and SAP Certified ERP SaaS logistics
solution provider, has secured a hardware and software deployment
commitment from Airbus Helicopters, the helicopter manufacturing
division of Airbus.
Airbus Helicopters, an industry leader in sales, safety and
compliance, required a solution that improved the accuracy and
quality of packing processes for direct-to-customer shipments. The
Moviynt-Vuzix solution uses machine learning models to
automatically scan all items in customer orders. Staff work fully
handsfree, using only their Vuzix smart glasses to complete all
needed tasks to include tracking all shipment items, capturing
images of shipments, and printing shipment forms. Using
Moviynt's Mobilium® software running on Vuzix M400 AR mart glasses
during an extended proof-of-concept (POC) trial, Airbus
Helicopters' staff was able improve their accuracy and increase
overall productivity to justify a broader roll-out. Following their
POC successes, Airbus is now committing to expanding its use of
Moviynt software from picking to pick and pack and is deploying
Moviynt software running on Vuzix M400 smart glasses throughout its
distribution centers in North
America.
"We have been working with this industry-leading Airbus division
for some time, and we are thrilled by their commitment to a
deployment of our solution running on Vuzix M400 smart glasses on
an expanded basis throughout their centers," says Philip Matkovsky, President and CEO of Moviynt.
"We look forward to executing on this deployment opportunity and
pursuing a stronger partnership with this global leader in
transportation manufacturing."
"Airbus Helicopters is a powerful win for Vuzix and the smart
glasses industry. The expanding commitment for deployment from
Airbus Helicopters underscores the value proposition afforded by
the combination of Vuzix hands-free Smart Glasses and
Moviynt's Mobilium software suite. Moviynt software has been
deployed and operational at Airbus Helicopters for several years
using handhelds and it's great to see the expansion now to include
smart glasses and use-cases like picking/put-away to include
complex packing," says Paul Travers,
President and CEO of Vuzix.
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of
AI-powered Smart Glasses, Waveguides and Augmented Reality (AR)
technologies, components and products for the enterprise, medical,
defense and consumer markets. The Company's products include
head-mounted smart personal display and wearable computing devices
that offer users a portable high-quality viewing experience,
provide solutions for mobility, wearable displays and augmented
reality, as well OEM waveguide optical components and display
engines. Vuzix holds more than 425 patents and patents pending and
numerous IP licenses in the fields of optics, head-mounted
displays, and the augmented reality wearables field. The Company
has won Consumer Electronics Show (or CES) awards for innovation
for the years 2005 to 2024 and several wireless technology
innovation awards among others. Founded in 1997, Vuzix is a public
company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan. For more
information, visit the Vuzix website, Twitter and Facebook
pages.
About Moviynt
Moviynt® offers comprehensive mobile solutions on its Mobilium®
platform that fully leverage offline computing, device integration
features, real-time visibility, and ease of use to transform
operations. Based on our deep understanding of Industry 4.0 needs,
we are here to ensure that a mobile worker using enterprise systems
such as SAP, Oracle, MS Dynamics is exponentially more accurate,
efficient and productive. Moviynt is a wholly owned subsidiary of
Vuzix. Moviynt website: https://moviynt.com/
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are
"forward-looking statements" within the meaning of the Securities
Litigation Reform Act of 1995 and applicable Canadian securities
laws. Forward-looking statements contained in this release relate
to Vuzix Smart Glasses, Moviynt SaaS solutions, our business
relationship and future opportunities with Airbus Helicopters,
productivity improvements using Moviynt software and Vuzix smart
glasses, and among other things the Company's leadership in the
Smart Glasses and AR display industry. They are generally
identified by words such as "believes," "may," "expects,"
"anticipates," "should" and similar expressions. Readers should not
place undue reliance on such forward-looking statements, which are
based upon the Company's beliefs and assumptions as of the date of
this release. The Company's actual results could differ materially
due to risk factors and other items described in more detail in the
"Risk Factors" section of the Company's Annual Reports and MD&A
filed with the United States Securities and Exchange Commission and
applicable Canadian securities regulators (copies of which may be
obtained at www.sedar.com or www.sec.gov). Subsequent events and
developments may cause these forward-looking statements to change.
The Company specifically disclaims any obligation or intention to
update or revise these forward-looking statements as a result of
changed events or circumstances that occur after the date of this
release, except as required by applicable law.
Moviynt Inc. Business Development Contact:
Robby Moss, VP Business
Development
Rmoss@moviynt.com
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor
Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation
