Here's what we know about how Snapchat's new camera glasses work

Snapchat / YouTube

Meet Spectacles.

Snapchat isn't just an app anymore.

On Friday the company officially renamed itself to Snap Inc. and announced a pair of camera-equipped sunglasses called Spectacles.

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After Business Insider obtained and published a video of the glasses in action, Snap officially announced the news in The Wall Street Journal.

Snap has been secretly working on these glasses for years, dating back to its acquisition of a small startup called Vergence Labs in 2014. Sources close to the company say CEO Evan Spiegel and cofounder Bobby Murphy have been closely involved in making the glasses with a small, top-secret team known internally as Snap Labs.

We don't know everything about how Snap's Spectacles will work, and the company isn't saying when they will be available besides "this fall." But here's what we do know so far: