Vuzix Inks Distribution Deal With Westbase.io

Vuzix Corp VUZI has entered into a distribution agreement with Westbase.io, a distributor of Extended Reality (XR) technologies.
Vuzix has received and shipped against a significant first volume purchase order from Westbase.io and will distribute across Europe from their U.K. and EU-based warehouses.
"We are thrilled to be partnering with Westbase.io, a leading distributor who is well positioned to provide us with new and diverse distribution opportunities in a high-demand region," said CEO Paul Travers.
Price Action: VUZI shares are trading lower by 3.02% at $7.71 on the last check Tuesday.