Vuzix Shares Rise On Asia-Pacific Distribution Deal for Smart Glasses

Dow Jones

01-21

By Katherine Hamilton

Vuzix shares rose Tuesday after the company signed a partnership deal to distribute its smart glasses in the Asia-Pacific region.

The stock advanced 5.4% to $3.23 in mid-morning trading. It is up about 94% over the past 12 months.

Vuzix, which supplies smart glasses and augmented reality technology, said Tuesday that it received and shipped against an initial stocking order with Evantek Pte to distribute its Vuzix M400 smart glasses across the Asia-Pacific, the company said Tuesday.

The Rochester, N.Y.-based company said it expects these smart glasses to be used in healthcare, field services and manufacturing.

Evantek has provided technology to the region since 1995, said Vuzix.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 21, 2025 10:26 ET (15:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It is up about 94% over the past 12 months. \n\n\n  Vuzix, which supplies smart glasses and augmented reality technology, said Tuesday that it received and shipped against an initial stocking order with Evantek Pte to distribute its Vuzix M400 smart glasses across the Asia-Pacific, the company said Tuesday. \n\n\n  The Rochester, N.Y.-based company said it expects these smart glasses to be used in healthcare, field services and manufacturing. \n\n\n  Evantek has provided technology to the region since 1995, said Vuzix. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 10:26 ET (15:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1}}}