Vuzix Receives $20M Investment from Quanta Computer, Strengthens Balance Sheet

Vuzix Corporation, a leading supplier of smart glasses and augmented reality technology, has successfully achieved milestones tied to its strategic investment agreement with Quanta Computer Inc. As a result, Vuzix has received the third tranche of funding, bringing Quanta's total investment in the company to $20 million. This strengthens Vuzix' balance sheet and provides additional resources to scale its OEM waveguide manufacturing operations.

Rochester, NY, September 12, 2025 – Vuzix Corporation (NASDAQ: VUZI), a leading supplier of smart glasses and augmented reality (AR) technology, has successfully achieved 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. This significant financial commitment strengthens Vuzix' balance sheet and provides additional resources to scale its OEM waveguide manufacturing operations Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million^[1].

The completion of this $20 million investment, as outlined in the September 3, 2024, securities purchase agreement (SPA), marks a strategic milestone for both Vuzix and Quanta. C.C. Leung, Vice Chairman of Quanta Computer, stated, "Our additional investment in Vuzix reflects our confidence in the company's technology, execution, and market opportunity. Vuzix has made impressive strides in bringing waveguide technology into volume manufacturing, and we believe they are uniquely positioned to help drive the next wave of AR adoption" Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million^[1].

Paul Travers, President and CEO of Vuzix, echoed this sentiment, noting, "With Quanta's full $20 million investment now in place, we are well-positioned to further expand our waveguide production, advance new OEM programs, and continue growing our latest waveguide technology capabilities. This commitment by Quanta underscores the progress we've made and the long-term potential we see for AR smart glasses as a major new computing platform" Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million^[1].

The strategic investment from Quanta Computer, a Fortune Global 500 company, is not just about financial backing but also strategic validation. Quanta, known for its expertise in high-performance computing solutions, is providing both capital and industry endorsement to Vuzix's waveguide technology, which is fundamentally different from traditional capital raising Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million^[2].

The funds are strategically earmarked for scaling OEM waveguide production capacity, advancing OEM programs, and enhancing waveguide technology capabilities. This positions Vuzix to potentially capture significant market share as AR adoption accelerates across consumer, enterprise, and defense markets. The full $20 million investment provides Vuzix essential runway to advance their manufacturing capabilities and respond to increasing OEM demand in the expanding AR space Vuzix Achieves Waveguide Production Milestones and Receives Additional $5 Million Quanta Investment, Bringing Total Funding to $20 Million^[2].

Beyond the immediate capital, this partnership with a manufacturing powerhouse like Quanta creates potential for future manufacturing collaborations and access to Quanta's extensive global technology ecosystem. This strategic alignment is expected to drive Vuzix's growth and solidify its position as a key player in the AR smart glasses market.