Tekcapital portfolio company Innovative Eyewear has announced a 345-store rollout of its Lucyd Armor smart safety eyewear with FYihealth group, marking the first national launch of Lucyd products into Canada’s $4.5bn optical market.
Just a day after Innovative Eyewear announced a 71% increase in Q2, sending shares up 60% in US trading overnight, the company has revealed a potentially game-changing development in the distribution of its leading safety glass line.
The Nasdaq-listed smart eyewear maker will see its products stocked across FYihealth’s FYidoctors and Visique clinics, predominantly in Canada and California, with initial product placement expected to begin in the third quarter of 2026.
The launch sits within Visiguard, FYihealth’s recently introduced branded programme for prescription safety eyewear, available across all FYidoctors and Visique locations. FYihealth is Canada’s leading diversified eye care organisation, operating the FYidoctors, Visique, BonLook and Solis Optics brands.
“We are thrilled to be partnering with Innovative Eyewear to bring Lucyd Armor® smart safety eyewear to our customers across Canada,” said Scott Shaw, VP of Retail and Merchandising at FYihealth group.
“This collaboration is a meaningful step toward expanding our offering within our Visiguard safety program and making smart safety eyewear more accessible to Canadians. We look forward to offering our patients this innovative technology through our network of eye care professionals.”
The deal represents a significant expansion of Innovative Eyewear’s optical retail presence, and follows the company’s recent announcement of a 71% jump in second-quarter sales alongside a 50-store test with a major US retailer due to start in September.