Snapchat has announced it's first ever gadget created, Spectacles.

Spectacles, a combination of a camera and sunglasses, will be sold by the company later this year and is believed to cost around $130 accoding to BBC.

Snap's 26 year-old creator Evan Spiegel explained the rationale behind the company's first gadget in a statement. He stated that it was their first vacation and when he watched the video, it was like he could see his own memory, through his own eyes.

"It's one thing to see images of an experience you had, but it's another thing to have an experience of the experience. It was the closest I'd ever come to feeling like I was there again," he added.

The company has also released ampe information as to how the sunglasses work on Saturday.

The gadget is said to be able to record 30 seconds of video at a time with battery life that could last up to a day, the company stated that the video footages recorded for Spectacles will be in a circular format, and will be viewed in any orientation. There is also a light on the device will will indicate that the glasses are recording.

Before Snap, Inc. announced their gadget, a video showing the product was posted on YouTube and has was taken down.

In 2014, Google has also released a gadget they called Google Glass, which resembled eyeglasses and displayed information in a smartphone-like hands-free format. The Glass was sold to the public for $1500.

A year after, the company has announced that they will stop selling the product, but will not stop developing it. 

"If you look at the kinds of glasses millennials wear, the design is very 'in'," according to Carolina Milanesi, a consumer technology analyst from Creative Strategies comparing Snap's Spectacles to Google Glasses based on appearance.

It is because the public had negative comment about Google Glasses, said that the glasses are ridiculous-looking.