Lumus announced their DK-40 the other day which is based on what they call Light Guide Optical Element (LOE) . Similar to waveguide .
Search for article :
Lumus DK-40 is Google Glass's upcoming competitor
The BOM for an Iphone 5s 16GB is right at $200 . I'm gonna guess an M100 would be similar once volume production takes place .
Vuzix M100 Smart Glasses beat Google Glass to a commercial release
Vuzix Smart Glasses Beat Google Glass to Market
Google Glass’ Competitor Vuzix M100 Smart Glass Go up for Pre-Order Starting at $1,000
Here's a cheaper, readily available Google Glass alternative (LA Times )
Yep. A CNET article from yesterday:
Watch out, Google. Vuzix smart glasses sell for $1,000
And I really like this title:
Vuzix shows off its Google Glass killer, available now for $1,000
I think Google was also talking about a lower price point then where they are currently. $1,500 for Explorer edition . May as well shear the early adopters , you can always lower the price late when volume & competition become a factor .
All great points Beyond .
I also would like to add some information about a buyout possibility by Kopin KOPN that I mention some time ago .
As you know , KOPN is a micro display manufacturer with a long relationship supplying VUZI . If fact KOPN supplies the display for the M100 . This can be verified at the features tab of the M100 webpage :
The Vuzix Smart Glasses M100 incorporates a compact White Pearl™ display module and ultra-low-power driver IC, both from Kopin Corporation.
KOPN has made a big bet on wearables with it's "all in" approach to the Golden-I .
Furthermore , KOPN has approximately $125 million in cash & short term investments as of 9/28/13 .
Finally KOPN has a standing but unexecuted S-3 (amended on Nov 5, 2013) for the registration of $100 million of securities which , among other purposes, can be used for acquisitions.
All of this information regarding KOPN is readily available & verifiable.
I agree, short term we wait . However, Travers did execute & deliver the goods . You don't see that will companies this size . Usually it's delay & dilute .
Certainly some are taking advantage of the situation but an innovative product has been released with decent margins and the company is still a good takeover prospect IMO .