Meta delays release of new mixed reality glasses code-named 'Phoenix' in order to 'get the details right'

Meta plans to release a new wearable device codenamed "Malibu 2" in 2026, according to an internal memo viewed by Business Insider.

  • Meta delays the release of its "Phoenix" mixed reality glasses to 2027, aiming to "get the details right."
  • An internal memo cited the need for "breathing room" as the company wants a "fully polished" device.
  • It's also developing a next-gen Quest headset and a wearable device code-named "Malibu 2."

Meta is delaying the release of new mixed reality glasses code-named "Phoenix."

The company planned to release the new device in the second half of 2026, but it is pushing back its timeline to the first half of 2027, Maher Saba, VP of Reality Labs Foundation, wrote in a Thursday memo to employees, which was seen by Business Insider.

In a separate memo, also viewed by Business Insider, metaverse leaders Gabriel Aul and Ryan Cairns said moving the release date back is "going to give us a lot more breathing room to get the details right."

They added, "There's a lot coming in hot with tight bring-up schedules and big changes to our core UX, and we won't compromise on landing a fully polished and reliable experience."

Meta declined to comment.

The "Phoenix" mixed reality glasses, which were previously reported on by The Information, have a goggle-like form factor and are connected to a puck to help power them, according to two employees who have seen the device and spoke anonymously as they are not authorized to talk to the press.

The two employees said the model looks similar to Apple's mixed reality glasses Vision Pro. There was some skepticism among leaders about the puck, but they chose to keep it to help keep the glasses lighter and more comfortable, and to prevent it from overheating, they said.

Saba said in the memo that at a recent meeting with CEO Mark Zuckerberg, Reality Labs (RL) leaders received feedback on their plans for 2026, which he said "focused on making the business sustainable and taking extra time to deliver our experiences with higher quality."

"Based on that, many teams in RL will need to adjust their plans and timelines," he added. "Extending timelines is not an opportunity for us to add more features or take on additional work."

Meta also plans to release a new "limited edition" wearable device code-named "Malibu 2" in 2026, according to Saba.

Meta is starting work on its next-generation Quest device, a product that Aul and Cairns wrote will be focused on immersive gaming, and represent a "large upgrade" in capabilities from its existing devices, and "significantly improve unit economics."

In October, Meta reorganized its metaverse unit and tapped Aul, who led products for Meta Horizon, and Cairns, who was previously in charge of virtual reality hardware, to co-lead its efforts, Business Insider previously reported. The company is now considering budget cuts of up to 30% within its Reality Labs division, which could impact employees working on its virtual spaces platform, Horizon Worlds.

The company has also expanded its AI hardware push by acquiring Limitless, a startup that makes AI-powered pendant devices, the company announced Friday.

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