The Motorola Moto 360 Smartwatch was first launched in 2014, the company has already launched the 2nd version the Moto 360 2nd Gen. Android Wear 2.0 update will not be rolled out on the first gen Moto 360.
The company has confirmed this via their official twitter support account – it says 1st Gen Moto 360 will not receive the new (Android Wear 2.0) update. For now the first gen 360 is running Android Wear 5.1.1 with a host of new features.
As per the company the 1st Gen 360 that was launched in 2014 is using an older hardware that is not compatible with the new Android Wear 2.0 and hence the first Moto 360 will not get the Wear 2.0 update.