EssilorLuxottica, a leading name in the eyewear industry, has announced an extension of its partnership with tech giant Meta Platforms. This new long-term agreement will focus on developing multiple generations of smart eyewear. The collaboration, which first began in 2019, has already yielded two generations of Ray-Ban smart glasses, demonstrating a successful fusion of EssilorLuxottica’s expertise in the eyewear market and Meta’s technological innovations.
These Ray-Ban Meta glasses, a perfect combination of form and function, have been met with high demand across various markets, including the US, Canada, UK, Australia, and several European countries. This demand underscores the potential of smart eyewear to revolutionize wearable tech for consumers.
Francesco Milleri, Chairman and CEO of EssilorLuxottica, expressed his excitement about the partnership, highlighting EssilorLuxottica’s history of innovation in the eyewear industry. He stated, “Over the past six decades, EssilorLuxottica has led the transformation and modernization of the eyewear and eyecare industry, positioning among the world’s leading innovators.” He further emphasized the significance of the partnership with Meta, saying, “The incredible work we’ve done with Meta, still in its early stages, has already proven to be an important milestone in our journey to making glasses the gateway to the connected world.”
This strategic partnership signals the commitment of both EssilorLuxottica and Meta to the future of smart eyewear and its potential to redefine how we interact with technology and the world around us. While the financial terms of the extended agreement were not disclosed, the continued collaboration promises exciting developments in the world of wearable technology.
