With the advent of Google Glass and the continued development of platforms like the Epson Moverio and Vuzix Smart Glasses, head-mounted wearables are getting a lot of attention these days. Atheer Labs is a small company looking to catch that wave of interest with a new set of intelligent spectacles and a novel way for folks to interact with them. What you see above is company founder Sleiman Itani wearing Atheer's prototype device that delivers 3D augmented reality and implements what the company calls a "natural human interface."
The hardware is still very much in the prototype stage, and the unit we saw was clearly a hand-built affair. It packs a pair of displays, a rechargeable battery, WiFi, Bluetooth 4.0, plus an accelerometer, gyro and an IR camera into it's relatively bulky frame -- so it's not not exactly a form factor ready for retail shelves. However, because of that bulk, it can function as a standalone device (it runs an an open source OS that runs Android apps), though it also has the ability to offload some processing to a smartphone.