Innovative Eyewear (LUCY) Soars 102.04% on EU Certification

Innovative Eyewear (LUCY) surged 102.04% in today's trading session, marking its second consecutive day of gains, with a total increase of 176.54% over the past two days. The share price reached its highest level since January 2025, with an intraday gain of 126.94%.

Innovative Eyewear, Inc. recently announced that its Lucyd Armor smart safety glasses have received EU certification, enabling the company to enter the European market. This certification, in addition to existing approvals in the US, Canada, and the UK, positions innovative eyewear to expand its market reach significantly. The European safety eyewear market, valued at $1.3 billion in 2024, is projected to grow to $1.6 billion by 2030. The Lucyd Armor glasses, featuring photochromic lenses and smart functionalities such as high-fidelity audio and voice assistant integration, have become the company's best-selling product since their launch. The company is actively engaging with European distributors and views international expansion as a key growth strategy for 2025, particularly in light of current US tariffs.

Innovative Eyewear's strategic move to enter the European market is expected to drive significant growth, as the company leverages its innovative product offerings and established certifications. The Lucyd Armor glasses, with their advanced features and market demand, are poised to capture a substantial share of the European safety eyewear market. The company's proactive approach to international expansion, coupled with its strong product portfolio, positions it well for continued success in 2025 and beyond.