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VUZIX CORPORATION

(VUZI)
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Vuzix : New Virtual Collaboration Rollout Another Step Forward for Smart Glasses in the OR

06/15/2021 | 03:08am EDT
New Virtual Collaboration Rollout Another Step Forward for Smart Glasses in the OR
15-June-2021
Hands-free surgical support

A major provider of virtual surgery tech has placed yet another order for Vuzix Smart Glasses.

Rods & Cones is trusted by surgeons across the world to solve Operating Room challenges.

Key among them, starting in March 2020: physical distancing limitations imposed by COVID-19.

Valued at over $1.2 million USD, the new order means more surgeons will be equipped with Vuzix's innovative line of hands-free wearable display tech.

READ: Vuzix Smart Glasses are bringing surgical expertise to the developing world

Operating on the Vuzix M400, the Rods & Cones platform offers surgeons a completely hands-free HD camera.

Their feed can be streamed to students, colleagues or even specialists in foreign countries.

Broadcast in 4K, the platform allows surgeons to stream their first-person view to anyone that needs to see it. This allows deeper levels of oversight and collaboration while also satisfying social distancing protocols.

Used on Vuzix M400 Smart Glasses, the Rods & Cones platform allows surgeons to broadcast operations to students and off-site experts - drastically increasing productivity. AR in the OR gaining momentum

The global pandemic forced global healthcare leaders to rethink their strategies.

One of the most common and forward-thinking adjustments they made: equipping staff with Smart Glasses.

Voice-controlled, these hands-free devices are saving patient lives while also saving healthcare providers money.

See the full press release here.


'Vuzix' is a registered trademark of Vuzix Corporation

'Rods & Cones' is a registered trademark of Rods & Cones inc.



Disclaimer

Vuzix Corporation published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 07:07:04 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 22,0 M - -
Net income 2021 -23,3 M - -
Net cash 2021 127 M - -
P/E ratio 2021 -38,2x
Yield 2021 -
Capitalization 947 M 947 M -
EV / Sales 2021 37,2x
EV / Sales 2022 19,9x
Nbr of Employees 99
Free-Float 92,9%
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Number of Analysts 3
Last Close Price 15,01 $
Average target price 30,00 $
Spread / Average Target 99,9%
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Managers and Directors
Paul J. Travers President, Chief Executive Officer & Director
Grant Russell Chief Financial Officer, Treasurer & Director
Shane Porzio Vice President-Engineering
Edward William Kay Independent Director
Timothy Harned Independent Director