Why Innovative Eyewear Stock Is Soaring Tuesday

Innovative Eyewear Inc LUCY shares are trading higher Tuesday after the company announced the launch of Lucyd Armor.

What Happened: Innovative Eyewear launched its new lightweight, affordable smart safety eyewear, which meets the ANSI Z87.1 standard for workplace safety use: Lucyd Armor.

The ANSI Z87.1 standard requires safety glasses to pass impact resistance and protection tests in dangerous environments. Innovative Eyewear’s new glasses offer the certification alongside access to AI assistants.

The glasses allow users to gain instant access to ChatGPT, Siri and Google Voice, and feature photochromic lenses that adapt to changing light conditions, walkie-talkie capabilities for team communication and an eight-hour battery life.

“Lucyd Armor sets a new standard in protective eyewear. We’ve combined cutting-edge technology with rigorous safety standards to offer professionals a smarter, more efficient way to stay protected on the job. This launch reflects our vision to lead the evolution of wearable tech in industries where safety and performance go hand in hand,” said Harrison Gross, CEO of Innovative Eyewear.

Lucyd Armor is now officially available for purchase on the company’s website. Innovative Eyewear noted that it’s already in discussions with “several notable retailers” about launching the glasses in brick and mortar locations.

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LUCY Price Action: Innovative Eyewear shares were up 67.2% at $10.80 at the time of publication, according to Benzinga Pro.

Photo: courtesy of Innovative Eyewear.