Vuzix to Supply Toshiba Smart Glasses Under Pact Valued at More Than $1 Million

Vuzix signed an agreement with Toshiba Client Solutions to supply Toshiba with a customized pair of smart glasses, Vuzix said in a Friday announcement. The companies began a “rapid development program” with milestone payments totaling more than $1 million. Toshiba, subject to a final manufacturing agreement, is expected to place additional orders for production smart glasses deliveries in Q4, said the companies.