Wednesday, October 10, 2018
Six15 & Vuzix
$1.5 Mil to drop the no-compete? This is an expensive PR. Six15 maybe $500k a year. And that number is going to shrink when the giants, Rockwell, BAE, L-3, Magic Leap, Elbit, Osterhout, Microsoft roll out their hmds. Hype it all you want Vuzix does not fit in that category. Six15 is a old customer but how can they compete? This looks like a typical Vuzix PR,(Wounded Warrior Project?), paying a lot for a little exposure. IMO like Kopin, Vuzix product is the stock...not the tech. If these guys aren't in the mix now they never will be.
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