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Tekcapital ( (GB:TEK) ) has shared an announcement.
Innovative Eyewear, Inc., a subsidiary of Tekcapital, has launched four new models of its Lucyd Armor smart safety glasses, which incorporate AI and Bluetooth technology. These new models, designed to cater to a broader audience, include variations in lens functionality and sizing, and are available in the US, Canada, and EU markets with necessary safety certifications. The launch is expected to strengthen the company’s position in the rapidly growing safety eyewear market, valued at over $2.5 billion in North America and Europe in 2024. A significant development includes an initial order from a top-five global logistics company, highlighting the product’s potential impact on industrial, logistics, and security sectors.
More about Tekcapital
Tekcapital Plc is a UK-based intellectual property investment group focused on creating value from new, university-developed discoveries. The company is listed on the AIM market of the London Stock Exchange and is involved in enhancing people’s lives through its investments.
Average Trading Volume: 745,703
Technical Sentiment Signal: Buy
Current Market Cap: £22.88M
See more insights into TEK stock on TipRanks’ Stock Analysis page.