Vuzix Shares Up 11% on Verizon Smart-Glass Deal
July 09 2020 - 10:55AM
Dow Jones News
By Chris Wack
Vuzix Corp. shares were up 11% to $3.76 after the company said
it has been selected by Verizon to co-develop a 5G-enabled Smart
Glasses EMS solution for first responders and public safety.
As part of the agreement, Vuzix will have access to Verizon 5G
specialists, engineers and Verizon's 5G Ultra-Wideband network over
the next six months to further develop, test and refine its 5G EMS
Smart Glasses solution for first responders and public safety,
which will be unveiled by Verizon in January 2021.
The Vuzix M400 and soon-to-be-launched waveguide-based M4000
Smart Glasses will help provide critical information en route to an
emergency event or utilized on-scene to provide 911 call data to
prep for treatment. The heads-up display of the Vuzix Smart Glasses
can provide equipment locations and treatment options and also
overlay patient medical history, medications or alerts.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
July 09, 2020 10:40 ET (14:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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