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Vuzix spikes on Waveguide optics tech announcement

  • Vuzix (VUZI +4.2%) shares spike after the company announces "a major optical breakthrough that will dramatically improve glasses-based wearable technology."
  • Developed jointly with Nokia, Waveguide optics use a 1.4mm "window" similar to a fiber optic with a tiny input pupil which is expanded using a hologram. The company states that the tech provides significant improvements in weight, volume, simplicity, and optical performance compared to light-bending materials.
  • Vuzix's M2000AR single-eye device will use the Waveguide tech, with the company planning a number of other products in 2014.
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