Vuzix Corp partners with Verizon to leverage their 5G network for augmented reality

Vuzix Corp partners with Verizon to leverage their 5G network for augmented reality

Verizon (VZM) has a current dividend yield of 4.89% and is rated as “Very Safe” by SimplySafeDividends. I hold VZ in my Medium Yield Portfolio. In total VZ is 0.8% of my portfolio.

The agreement between Vuzix and Verizon will focus on the technology advancement and commercialization aspects of delivering immersive augmented reality training experiences powered by Verizon’s 5G Ultra Wideband service and edge compute platform and Vuzix Shield smart glasses.

“By leveraging Verizon’s 5G Edge and ultra-lightweight AR smart glasses from Vuzix, we are delivering immersive technology in the field of sports training and fan experience,” said Brian Mecum, Vice President of Device Technology at Verizon.

Vuzix Partners With Verizon 5G For AR Experience (yahoo.com)

Vuzix designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally.