Vuzix Corporation, a leading supplier of smart glasses and Augmented Reality technology, announced it has received a follow-on order for its flagship Vuzix M400 Smart Glasses from a Fortune 50 customer to support its supply chain operations.
The Rochester, New York-based company said that global supply uncertainties, disruptions, and inflationary forces are driving companies of all sizes to better manage their supply chain complexities.
Combined with the ongoing growth of online shopping, attaining new productivity levels for product transportation, inventory management and order fulfillment will become a distinct competitive advantage.
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Smart glasses are becoming a “cost-effective tool” to facilitate these objectives and an increasing number of the world's largest firms are “starting to move from trialing them to deploying them,” said the company.
"Across the board, Vuzix is investing time and resources to support our largest customers within the retail, warehousing and logistics vertical that have come to Vuzix with specific use cases and operational challenges that they would like to solve with smart glasses,” Vuzix CEO Paul Travers said in a statement.
“This Fortune 50 customer represents just one of many exciting opportunities within this vertical and Vuzix looks forward to supporting this customer to successfully scale and globally roll out our products," he added.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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