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Vuzix has gone from pioneer to manufacturer of smart glasses and other HMDs (head mounted displays).  It also develops the associated software to run the devices and integrate their use with smart phones and computers.  I think the waveguide technology used in the Blade is the best approach for non-commercial use, but though the big bet on Atomistic and microLED looked like the right technology pairing, I cited it as very risky from the start.  I was way out in front of the market in showing how the risks from that development deal had compounded, and discontinued coverage when that became official.

The company does hold many patents awarded or pending, which may help it hang around in the presence of more powerful competitors like Alphabet, which I still cover privately, much like Microvision has.  However, as with most GRoDT companies, dilution is a recurring problem.  Investors often fail to realize just how hard mass manufacturing can be, and I hope that early warning in the face of Vuzix self-promotion was of value to subscribers.


Updates:
-4 Vuzix 4Q23 results17:24 15-Apr-24
-4 potential VUZI dilution, plus market & Ebix commentary21:53 09-Feb-24
-4 Vuzix 3Q23 results, bond auctions & earnings followups16:15 09-Nov-23
-4 Vuzix S-3 filing and Atomistic update08:11 07-Mar-23
-4 Vuzix conference call and desalination vote16:59 18-May-22
-4 Vuzix 4Q21 results and eMagin schedule08:17 03-Mar-22
-4 Vuzix 1Q21 results and Orbital schedule16:59 10-May-21
-5 MagnaChip going private, Vuzix placement13:43 30-Mar-21
-5 Vuzix 3Q20 results16:21 09-Nov-20
?4 Vuzix schedules 3Q19 report20:10 29-Oct-19
?4 FedNow payments plus AMSC, CUI and VUZI schedules15:29 05-Aug-19
-5 Vuzix dilution and more09:28 01-Jul-19