[Philip Lelyveld comment: Spaceglasses have a lower resolution and narrower field of view than competitors, and the price point is 3X higher than competitors. They'll have to make significant change if they want to compete.]
Meta was founded by Meron Gribetz, a former member of the Israeli Defense Forces technology unit.
The Spaceglasses will be available starting this fall on the company's website for $3,000.
Gribetz admits the bulk of the initial applications will be designed for businesses. And while it's still early days for augmented reality technology, Meta does have a few competitors, including Recon Instruments, creator of Jet sports-oriented smart eyewear and Vuzix, which makes video-based smart glasses.
The meta website is here: https://www.spaceglasses.com
See the full story here: http://www.cnbc.com/id/101581712