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Vuzix Expands OEM Defense Program Base with New Six-Figure Waveguide Development Order from a Leading U.S. Defense Contractor

1. VUZI received a six-figure order for customized waveguides from a defense contractor. 2. The order supports a new lightweight heads-up display for military use. 3. Vuzix is expanding its presence in the defense sector with multiple programs. 4. The company has over 450 patents related to AR and wearable displays. 5. Vuzix's U.S. manufacturing capabilities enhance its market position.

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FAQ

Why Bullish?

The new defense contract indicates growing demand for VUZI's products. Historical context shows increased contracts lead to stock appreciation.

How important is it?

The defense sector's reliance on advanced displays reflects positively on VUZI's future growth potential.

Why Short Term?

Immediate revenue impact expected from the current contract; longer-term effects depend on further orders.

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BALMTNOC
, /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, announced today that it has received a six-figure development order for customized waveguides from one of the nation's leading defense contractors. These waveguides will be designed to be used within a new lightweight heads-up display (HUD) for military personnel. "Our advanced see-through display technologies and U.S.-based manufacturing capabilities are increasingly positioning us as a go-to supplier for next-generation wearable display solutions within the defense sector," said Paul Travers, President and Chief Executive Officer of Vuzix. "The number of defense programs with which we are involved continues to steadily expand and we look forward to updating you on both the programs that are underway as well as some we are pursuing." 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 450 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, X and Facebook pages. 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' business growth with this defense customer, further development programs, future orders, including potential volume production and the ultimate success of their respective programs 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. Media and Investor Relations Contact: Ed McGregor, Director of Investor Relations Vuzix Corporation [email protected]  Tel: (585) 359-5985 Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA, Investor Information – [email protected]www.vuzix.com SOURCE Vuzix Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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