Vuzix Corp. Wednesday said it has developed its first holographic optical display systems for the U.S. Military's Defense Advanced Research Projects Agency.
The Rochester-based company, known for smart glasses and video eyewear, plans for these systems to be used in the Persistent Close Air Support program.
The display systems will help soldiers to gain access to crucial data and to keep ground forces safe, company officials said. Operators of the system can determine the necessary tint of the lens depending on their environment.
Technologies that are compatible to the systems include manned or unmanned airborne platforms, next generation graphical user interfaces, and digital guidance and control. Advanced targeting, visualization tools, and data links are also some options the systems can link to, as well, officials said.
"We are very pleased to deliver this next-generation system, which offers a competitive step-up for our military personnel to improve our ground forces' safety and effectiveness,” president and CEO Paul Travers said in a statement. “We intend to continue the advancement of our waveguide technology through R&D programs in conjunction with various agencies within the U.S. Department of Defense.”
Travers added that Vuzix benefits by receiving non-dilutive funding to develop the advanced optical systems.
“(This) can translate into commercial applications, while contributing our company's expertise towards the safety and success of our military forces and our nation's security,” he said.
Despite selling off its Tactical Display Group component, which focused on military defense, in June 2012, the company remains in contact with the U.S. Department of Defense, officials said.
Shares of Vuzix (OTC: VUZI) were down 8 percent midday, at $2.73.
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