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Innovative Eyewear, Inc. 2025 Year in Review
Prnewswire· 2026-01-22 13:30
Core Insights - Innovative Eyewear, Inc. has made significant progress in 2025, advancing its goal of establishing a global standard in smart eyewear [1] Global Market Expansion & Strategic Partnerships - The company executed a focused distribution strategy, forming partnerships with major retail and B2B channels [2] - Participation in major trade shows led to approximately 40 new optical accounts and initial orders from key European markets [4] - New partnerships include Reebok.com, Optical Resources Group, Ocusafe.com, Kits.com, SmartBuyGlasses, and Smartech's TM:RW flagship store in Times Square [4] - A partnership with Eye Recommend in Canada exposes Lucyd products to over 600 independent optical practices [4] - The company partnered with SmartBuyGlasses to offer Reebok Powered by Lucyd, enhancing global e-commerce presence [4] Software & Product Innovation - The Lucyd app has been updated to function as an applet store for smartglasses and hearables, increasing user flexibility [4] - A new 17-language real-time translation tool has been added to the app, catering to travelers and professionals [4] - The company launched secure, hands-free Walkie functionality with custom Siri commands for enterprise communication [4] - New product introductions include Reebok Powered by Lucyd smart sunglasses and four new types of Lucyd Armor, expanding the product portfolio [4] Financial & Management Updates - Preliminary unaudited full-year 2025 sales increased by approximately 65% year over year [6] - The company successfully navigated US tariffs by shipping directly from manufacturing facilities to international partners [6] - The exercise of warrants resulted in $2.2 million in gross proceeds, enhancing the balance sheet for 2026 growth initiatives [9] - Leadership changes include the transition of Konrad Dabrowski to Chief AI and Growth Officer and Oswald Gayle to Chief Financial Officer [9] Product Safety & Certifications - The Lucyd Armor line achieved ANSI, Canadian, and EU certifications, enabling significant expansion opportunities [9] - Lucyd Armor is the first smart safety eyewear to offer certified protection, photochromic lenses, high-fidelity audio, hands-free walkie features, and prescription adaptability [9]
Innovative Eyewear, Inc. Announces New Verbal Translation Feature for the Lucyd ChatGPT App
Prnewswire· 2025-09-10 12:30
Core Insights - Innovative Eyewear, Inc. has launched a significant update to its Lucyd app, introducing a new translation feature that allows for voice-based translations, enhancing the utility of its smart eyewear products [1][3]. Product Features - The Lucyd app now includes a translation feature that supports real-time translation between 17 languages, including Chinese, Japanese, and Arabic, making it particularly useful for travel and cross-language communication [8]. - The app operates without the need for typing, allowing users to speak and hear their preferred language seamlessly, and it can function offline once languages are downloaded [8]. - The Lucyd app has been downloaded over 18,000 times, and a paid Pro version is available for $7.99/month, which offers unlimited ChatGPT queries and secure Walkie channels for business use [5]. Company Strategy - The CEO of Innovative Eyewear emphasized the importance of the Lucyd app in introducing new features and services, positioning it as a critical tool for both existing and potential users of their smart eyewear [5]. - The company aims to enhance user experience by integrating advanced features like voice access to ChatGPT and the new translation capability, which is seen as a "killer app" for wearables [5][3].
Innovative Eyewear, Inc. Announces Exciting New Features for the Lucyd ChatGPT App
Prnewswire· 2025-05-29 12:00
Core Insights - Innovative Eyewear, Inc. has announced significant updates to its Lucyd app, enhancing its position in the smart eyewear market [1][3] - The app now features a streamlined interface with integrated shopping capabilities and user account synchronization [2][7] Company Developments - The Lucyd app has been downloaded approximately 15,000 times prior to any major marketing efforts [3] - A paid Pro version of the app is available for $7.99/month, allowing unlimited ChatGPT queries and secure Walkie channels for business use [3] App Features - The app now includes a new in-app shopping experience with prescription customization for all Lucyd eyewear [7] - New Siri commands have been introduced for the Walkie-talkie feature, allowing hands-free management of communication [7] - The AI assistant's voice output has been upgraded for a more natural and enjoyable user experience [7] - Overall user experience improvements have been made to app menus and screens [7] Brand Positioning - Innovative Eyewear aims to make the Lucyd app a powerful companion to its smart eyewear products, enhancing user enjoyment and utility [3][5] - The company offers a range of smart eyewear under various brands, including Lucyd, Nautica, Eddie Bauer, and Reebok [5]
Innovative Eyewear(LUCY) - Prospectus
2024-10-02 21:22
As filed with the Securities and Exchange Commission on October 2, 2024. Registration Number 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Innovative Eyewear, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Florida 5995 85-0734861 (I.R.S. Employer Identification No.) 11900 Biscayne B ...
Innovative Eyewear(LUCY) - Prospectus(update)
2024-06-11 21:01
As filed with the Securities and Exchange Commission on June 11, 2024. Registration Number 333-279873 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or other jurisdiction of incorporation or organization) Florida 5995 85-0734861 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 11900 Biscayne Blvd., Suite 630 North Miami, Florida, 33181 (954) 826-032 ...