Core Insights - Innovative Eyewear, Inc. has launched the Lucyd Lyte 2024 Edition, featuring significant improvements in adjustability, durability, weight, and lens quality [2][5] Product Improvements - The new Lucyd Lyte 2024 Edition utilizes advanced TR90 plastic, making it the first fully optician-adjustable smart eyewear, enhancing fit and durability [4] - The eyewear is nearly 10% lighter than the previous model, reducing weight from 48 grams to 44 grams [4] - Enhanced smart features include an upgraded ChatGPT integration to ChatGPT-4o, improved VOIP-powered chat service, and a new battery level feature [4] - The new models come with transitional lenses at no extra cost, providing added versatility [4][5] Market Positioning - The CEO of Innovative Eyewear highlighted the value proposition of the Lucyd Lyte 2024, emphasizing its competitive features and anticipated improvements in other product lines for 2025 [5] - The eyewear is positioned as an ideal solution for consumers seeking enhanced connectivity and functionality in their daily eyewear [5] Company Overview - Innovative Eyewear develops and retails smart eyewear under various brands, including Lucyd, Nautica, Eddie Bauer, and Reebok, aiming to enhance user connectivity and comfort [6]

Revenue Increased 14% in Q3 2024 vs Q3 2023, and 76% on a Year-to-Date Basis vs 2023MIAMI, Nov. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ: LUCY, LUCYW), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the third quarter of 2024.Net revenue for the quarter ended September 30, 2024 was $253,599, an increase of 14% from the quarter ended September 30, 2023. This year-over-year increase was primarily attributable ...

MIAMI, Nov. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that the full range of Lucyd, and Powered by Lucyd products, will be available at NFM Optical starting Black Friday, 2024. A model wearing the new Lucyd Lyte® Darkside 2024 Edition. Image Courtesy of Innovative Eyewear, Inc. NFM (Nebraska Furniture Mart), headquartered in Om ...

Core Viewpoint - Innovative Eyewear, Inc. has launched Lucyd Armor™, the first smart safety eyewear that integrates advanced AI features while meeting ANSI Z87.1 safety standards for industrial use [1][4][7] Product Overview - Lucyd Armor™ is designed for professionals across various industries, including construction, logistics, and healthcare, combining eye protection with technology to enhance workplace communication and awareness [1][4] - The eyewear features instant access to AI tools like ChatGPT, auto-tinting lenses, and a walkie-talkie VOIP function, all in a lightweight and stylish design [4][6] Key Features - AI-Powered Integration: Provides hands-free access to Siri, Google Voice, and ChatGPT via Bluetooth 5.3 [5] - Comfort and Durability: Lightweight design with adjustable silicone nose pads and flexible temples for secure wear during long shifts [5] - Adaptive Lenses: Photochromic lenses that adjust to light conditions, with anti-fog and anti-scratch coatings included [5] - Battery Life: Up to 8 hours of continuous music playback or over 100 hours of standby time [5] Communication and Connectivity - The eyewear includes an open-ear audio system and AI-powered noise reduction microphones, allowing users to take calls and access smart features while remaining aware of their surroundings [6] - The walkie-talkie function, accessible via the Lucyd App, enhances team communication without needing additional devices [6] Market Positioning - The CEO of Innovative Eyewear, Inc. emphasized that Lucyd Armor sets a new standard in protective eyewear, merging technology with safety to improve efficiency for professionals [7] - The product is available for purchase on the company's website, with discussions ongoing with retailers for brick-and-mortar launches [7][8]

MIAMI, Oct. 24, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, received on October 23rd, a notice of allowance for its utility patent application U.S. Patent Application No. 17/104,849, entitled "Wireless Smartglasses with Quick Connect Front Frames". After paying the required issue fee, the Company anticipates that a patent will issue in due course. The p ...

MIAMI, Oct. 14, 2024 /PRNewswire/ -- Innovative Eyewear (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer®, and Reebok® brands, today announced the launch of the first generative AI fashion show for eyewear. In this striking digital performance, AI-generated models flaunt the latest real smart eyewear collections from Lucyd, including its collaborative collections with Reebok, Nautica and Eddie Bauer. A photorealistic Lucyd AI model wearing the Ree ...

MIAMI, Sept. 25, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that its Board of Directors has approved the adoption of a limited duration stockholder rights plan (the "Rights Plan") and declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is September 2 ...

MIAMI, Sept. 23, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 263,160 shares of the Company's common stock originally issued by the Company on May 29, 2024, each having an original exercise price of $9.50 per share, at an e ...

MIAMI, Sept. 17, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce the unveiling of their first ANSI-certified smart safety eyewear at Vision Expo West in Las Vegas, Nevada, September 19th-21st 2024. An image of the Lucyd Armor frames and their shelf-ready retail packaging. Courtesy of Innovative Eyewear Inc. An image of ...

Raises approximately $8 million since the beginning of the second quarter of 2024 MIAMI, Sept. 4, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announced today that it closed its previously announced transaction involving the exercise of certain outstanding warrants to purchase an aggregate of 126,699 shares of the Company's common stock originally issued by the ...