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[News] Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million

Vuzix® Corporation, a leading supplier of smart glasses and augmented reality (AR) technology, today announced that it has successfully achieved the milestones tied to its strategic investment agreement with Quanta Computer Inc. (TWSE: 2382.TW) (“Quanta”). As a result, Vuzix has received the third tranche of funding, bringing Quanta’s total investment in the Company to $20 million, as provided for under its September 3, 2024 securities purchase agreement (“SPA”) with Quanta. The release of this tranche and completion of the SPA funding…


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