Snap reportedly has two new versions of its Spectacles in the works, with the first arriving this fall

Snap

• Snap is reportedly preparing two new versions of its smartglasses, Spectacles.
• Spectacles 2.0 will reportedly arrive this fall, with a more expensive, more powerful version following that.
• Snap hasn't confirmed any of the details of the report.

Are you ready for more smartglasses? Snap apparently thinks you are - the company reportedly has two new versions of its video-recording Spectacles smartglasses currently in the pipeline, with the first set to launch by this fall.

The news comes from Cheddar reporter Alex Heath, who has a track record of nailing major Snap-based scoops. He told Cheddar viewers on Friday morning that the first follow-up to last year's Spectacles release is set to arrive "by this fall."

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Another follow-up, that costs as much as $300 and comes with two cameras, is also reportedly in the works. Notably, Snap hasn't announced a second version of Spectacles (let alone a third version), and representatives for Snap declined to comment.

Hollis Johnson

The first version of Spectacles went from must-have item to sitting in a drawer somewhere in record time.

According to internal data from Snap, less than half of Spectacles owners continued to use the camera-equipped sunglasses after just four weeks of owning them. Moreover, just 150,000 pairs were sold in total - reports from last year point to "hundreds of thousands" of pairs sitting in warehouses, unsold.

It's unclear what Snap is changing about its Spectacles project to make it more enticing this time around, and it's not clear if such a project will ever see the light of day. Currently, Spectacles 2.0 only exists through reports from unnamed sources - Snap has yet to announce anything officially.

Get the latest Snap stock price here.