Google is set to stop producing their wearable product Google Glass in its current form, but will not be abandoning the concept.

The company said this in a statement published on their Google+ page.

Google Glass is a piece of wearable technology which delivers information, entertainment and phone functionality to a user’s field of view. The product has been on sale in select markets since last year.

Effectively, the Glass team will move out of the “Google X” incubator labs and become a separate, autonomous, division under current manager Ivy Ross.

Google Glass shades

Google Glass shades

The company said that the Glass Explorer programme was “a kind of ‘open beta’ to hear what people had to say.” Google Glass will shut down its Explorer programme on 19 January.

“As we look to the road ahead, we realise that we’ve outgrown the lab and so we’re officially “graduating” from Google to be our own team here at Google,” the statement continued. “You’ll start to see future versions of Glass when they’re ready.”

No specific date was given by the company on when the next version of Google Glass might be available.