Vuzix Signs Development Contract With Garmin for Display System; Shares Rise-March 2024-www.financetom.com

Vuzix Signs Development Contract With Garmin for Display System; Shares Rise

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Vuzix Signs Development Contract With Garmin for Display System; Shares Rise

May 14, 2024 7:41 AM

10:16 AM EDT, 05/14/2024 (MT Newswires) -- Vuzix ( VUZI ) said Tuesday it signed a multiphase development contract with Garmin ( GRMN ) for nano-imprinted waveguide-based display system.

Vuzix ( VUZI ) said it will develop and deliver waveguide-based optical systems with full custom projection engines and then production units.

Vuzix ( VUZI ) shares were up more than 26% in recent trading, while Garmin ( GRMN ) shares rose 0.5%.

Price: 1.70, Change: +0.36, Percent Change: +26.87

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