Member Info for Mars1

Also the significance of the original contract extension is that the first product has been successful and they are moving to commercial production. Signicant enough to be worth further payments of £6m.

Well that was clear. Revenue target this year has been reached and £3m also for next year. Significant that the company now has confidence in another spokesman.

This came to light after the Needham presentation where Wall St consultants estimated 2020 revenue as £13.5m and a loss of £1.2m. The new contract introduces another £3m which could make N profitable in 2020. Interesting Edison did not amend there numbers for 2020 however with production in full flow for the US client it would not be impossible.

Potential upside
https://www.edisoninvestmentresearch.com/research/company/nanoco-group

Production 2k per month with capacity increasing this year to meet increasing demand from Asia and Europe
https://uk.advfn.com/stock-market/NASDAQ/VUZI/share-news/Vuzix-Expands-Market-Access-for-Vuzix-Blade-Smart/79113905

Pretty clear with evidence that Vuzix has a huge market in commerce for their specs at the price. Defence and aviation are obvious applications however these can be used by anyone needing reference to data/stock lists/complex procedures and all hands free. This is just one oem using the Plessey microled the size of a pencil eraser the potential is only limited by imagination or lack of it.

I also like this paragraph
“Vuzix' next generation enterprise Smart Glasses optimized for AR, streaming video and cloud-based services and using several of our new partners latest technology. Based on the same platform as Vuzix' other Smart Glasses, these next generation smart glasses run the latest version of Android and have a host of further product enhancements which makes it one of the newest and most powerful smart glasses built for enterprise users.”

This is interesting it highlights what Vuzix was demonstrating at CES including the smallest microled display developed by Plessey which has to be the qd product.
https://uk.advfn.com/stock-market/NASDAQ/VUZI/share-news/Vuzix-showcases-new-waveguide-technology-with-incr/79030071

If it is a component supplier even better has they will more than likely as a tier 1 company have multiple clients using their components.

The Needham forecast says it all. It does not matter who it is if they are tier 1 and have a product to go. If it is a supplier

Crow thanks so is Vuzix a component supplier or an OEM. And is it tier one.

I suppose one bit of good news is Vuzix NAV is US144.8m so not a Grade 1 US corp. therefore this is another contract yet the attraction of a microled solution has huge potential.

And there is more.....
ROCHESTER, N.Y., Jan. 7, 2019 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, and ST Engineering, a global technology, defense and engineering company, today announced the launch of the world's first Augmented Intelligence biometric-enabled Smart Glasses platform to boost productivity of enterprise customers and, in the face of burgeoning urbanization, enhance global public safety.

More info about Logistiview;
LogistiVIEW's Connected Worker Platform leverages the Blade's built-in HD camera to capture data and its location via computer vision. This visual data is then processed by LogistiVIEW's cloud-based AI engine to produce worker instructions in the form of Augmented Reality visuals anchored in the real world and seen through the Blade's crisp see-through waveguide lenses. The result is an immersive user experience that transforms complex data in an intuitive and highly visual way into actionable insights for workers to make better, more informed decisions.

"The ability to offer LogistiVIEW's patented computer vision and AR visualizations on the Vuzix Blade will open up our platform to more enterprise users than ever before," said Seth Patin, Founder and CEO of LogistiVIEW. "The combination of LogistiVIEW software and the ergonomics and form factor of the Blade will enable customer-facing workers in retail operations, service, and more to communicate with business systems more naturally and optimize the way work gets done."

Would appear there is a further marketing relationship that has been formed;
CHESTER, N.Y., Jan. 4, 2019 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company's Vuzix Blade® Smart Glasses are now available for deployment on the LogistiVIEW Connected Worker Platform.

Vuzix Blade in a Warehouse

LogistiVIEW was recently named a Cool Vendor and mentioned in a "Future of Supply Chain Operations" report by Gartner and the winner of a Material Handling Product News 'Readers' Choice 2018 Product of the Year' award,. The LogistiVIEW software is currently deployed in multiple production systems on Vuzix M300 smart glasses and, as of CES 2019, will be available for enterprise clients on the Vuzix Blade AR Smart Glasses.

Tilly This explains more also
https://www.microled-info.com/plessey-quanta-brite-quanta-ray-technologies-explained

Looks like those glasses are in colaberation with Vuzix.

Looks like the first of the BFGDs has been released
https://www.google.co.uk/amp/s/techcrunch.com/2019/01/06/the-hp-omen-x-emperium-1/amp/

Agree microled needed a scalable process to be able to meet demand and reduce cost. Plessey seemed to have overcome these issues. Apple dropped their Taiwan microled development last year and that coincided with the US client at Nano. This progression will remove the need for miniled which would have been a transitory stage. Massive market changes ahead. May have jumped a generation.

This is a reminder of the bright future of microleds. It appears as with Nano process of qds that the Plessey microled process is also unique and way ahead of competition.
https://www.google.co.uk/amp/s/www.microled-info.com/n-tech-sees-very-bright-future-micro-led-displays-starting-2019%3famp