The company behind the Kreyos Meteor smartwatch will release the software they developed for the device as an open source project, but the future prospects for the company are looking very grim.
The open source software news was posted by an employee of the company, Nikki Lao, on an unofficial Kreyos Facebook support page. Lao said the release would happen later this month "as Kreyos Philippines will cease operations and we'll be getting our last paychecks." Lao said an official announcement will be made soon concerning the future of Kreyos, but it doesn't sound good. Lao strongly hinted that the main partners of the company were now at odds with each other.
The team behind the Kreyos Meteor raised over $1.5 million to help fun the project via Indiegogo and the first shipments of the device were sent out earlier this summer. We should learn soon what the future holds for this product. What do you think about the fate of the Kreyos Meteor?