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An update from Tekcapital ( (GB:TEK) ) is now available.
Innovative Eyewear, a subsidiary of Tekcapital Plc, has made significant strides in its European expansion strategy following its participation in the SILMO Paris 2025 trade show. The company secured initial orders from key European markets and opened a new warehouse in the Netherlands to enhance its distribution capabilities. The participation in SILMO’s Tech Village alongside major tech companies like Meta and Google highlights Innovative Eyewear’s positioning as a leader in AI-enabled eyewear. The expansion is expected to capture significant market share in Europe’s growing smart eyewear industry, with strategic moves such as securing industrial safety certification for its Lucyd Armor collection and engaging with regional sales representatives.
More about Tekcapital
Tekcapital Plc is a UK-based intellectual property investment group that creates value by investing in university-developed discoveries to enhance people’s lives. The company is listed on the AIM market of the London Stock Exchange. Tekcapital owns shares in Innovative Eyewear, Inc., a developer and retailer of smart eyewear under brands like Lucyd, Nautica, Eddie Bauer, and Reebok. Innovative Eyewear focuses on Bluetooth smart glasses that connect users to their digital lives with various frame and lens combinations.
Average Trading Volume: 652,523
Technical Sentiment Signal: Buy
Current Market Cap: £23.71M
Learn more about TEK stock on TipRanks’ Stock Analysis page.