Wearable Devices Overview
Wearable Devices is a growth company developing a non-invasive neural input interface in the form of a wrist wearable band for controlling digital devices using subtle finger movements. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company developed Mudra, which consists of a sensor-embedded strap and smartwatch. Commands are input by subtle, same-hand, touch-free gestures. The band also connects to an AR/VR head-mounted device which it can control using intuitive gestures outside the field of view.
Cumulative Funding Raised Over Time ($)
$2.5MJan 2025
$12.5MJun 2024
$13.6MMay 2016
$13.6MNov 2015
$15.4MNov 2024
$19.4MSep 2025
Latest News
growth-positive
Wearable Devices Announces Pricing of $3.3 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a securities purchase agreement with an existing institutional investor. The agreement involves the sale of 1,230,000 ordinary shares at $2.67 per share, expected to raise approximately $3.3 million. Additionally, in a concurrent private placement, the company will issue warrants to purchase up to 1,230,000 ordinary shares. The proceeds will be used for working capital and general corporate purposes. The offering is expected to close on or about October 31, 2025, subject to customary conditions. The shares are offered under a registration statement declared effective by the SEC.
PIPE
growth-positive
Wearable Devices Secures Exclusive Distribution Agreement in South Korea for Its Neural Input Wristbands
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has signed an exclusive distribution agreement with Sky Commerce Co., Ltd. in South Korea. This partnership marks a strategic expansion into the South Korean market, with Sky Commerce set to promote and sell Wearable Devices Mudra Band and Mudra Link products. The agreement includes annual minimum purchase targets and aligns with Wearable Devices strategy to scale its neural interface technology globally. The partnership is expected to enhance user experiences and capture new revenue streams, reinforcing Wearable Devices commitment to regional growth in Asia.
Partners
growth-positive
Wearable Devices Granted U.S. Patent for Realistic Gesture-Controlled Virtual Object Modulation
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, announced a new patent for a Gesture and Voice-controlled Interface Device. This innovation enhances user interaction by integrating simulated physical characteristics into gesture control, providing a more realistic experience in virtual and augmented reality environments. The companys products, such as the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures. Operating through direct-to-consumer sales and enterprise collaborations, Wearable Devices aims to enhance user experiences in gaming, productivity, and XR environments.
growth-positive
Wearable Devices Ltd. (NASDAQ: WLDS) Emerging as Leader in Bringing AI-Powered Wearables to Market
Wearable Devices Ltd. is gaining attention for its AI-powered, touch-free wearables that redefine human-technology interaction. The company has developed two flagship products, the Mudra Band and Mudra Link, which enable intuitive gesture control across multiple ecosystems. As the neural interface market grows, Wearable Devices is positioned as a leader, offering solutions for both consumers and enterprise partners. Their products are particularly relevant in sectors like extended reality (XR) and augmented reality (AR), where gesture-based systems are becoming increasingly important. The companys dual-channel model includes direct-to-consumer sales and enterprise licensing, setting the standard for neural input in the XR ecosystem.
Product StagePartners
growth-positive
Gesture-Control Wearables Redefine Human-Technology Interaction
Wearable Devices Ltd. is at the forefront of the AI-enabled, touch-free wearable market with its neural input platform. The company has launched two flagship products, the Mudra Band and Mudra Link, which offer intuitive gesture control and cross-platform interaction. As the demand for AI-powered wearables grows, Wearable Devices is positioned as a leader due to its early market entry and experienced management team. The global wearable technology market is projected to grow significantly, indicating a positive outlook for the company.
Product Stage
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $39.89M |
| Last funding | $4M |
| Stage | Public |
| Rounds | 9 |
| Investors | 4 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.wearabledevices.co.il |
| Careers | Careers page |
Locations
HaTa'asiya 2, Yokne'am Illit, Israel
Photos & Videos
4 item(s)
Wearable Devices Business
Business models
B2B, B2C
Product stage
Released
Employees
11-50
Sector
Health Tech & Life SciencesDigital HealthcareDigital Accessibility SolutionsTarget Customer
Healthcare & Life SciencesMedical Devices IndustryMedical ProductsHealthcarePatientsMedia & EntertainmentGaming IndustryVirtual WorldCore Technology
Semiconductors & ElectronicsWearablesSensingMotionSimulation & ImagingAugmented RealityVirtual RealityTags (12)
consumer-electronicschildrentrackinggesture-recognitionsensorsaugmented-realityiotmixed-realitywearablevirtual-realitydevelopersnon-invasiveGeographic Markets
GlobalWearable Devices Financials
$39.89M
Total funding
Undisclosed
Capital raised
$4M
Last funding
Public
Funding stage
9
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$2.5MJan 2025
$12.5MJun 2024
$13.6MMay 2016
$13.6MNov 2015
$15.4MNov 2024
$19.4MSep 2025
Private Equity Funding
PIPE
Sep 2025
$4M
PIPE
Jan 2025
$2.5M
PIPE
Nov 2024
$1.85M
PIPE
Jun 2024
$10M
Yorkville Advisors Global
Seed
May 2016
$1.05M
Alumot, Israel Innovation Authority
Seed
Nov 2015
$50K
Samsung Next TLV
Public Offering / Exit
POEvent
Jan 2025
Undisclosed
POEvent
Nov 2023
Undisclosed
POEvent
Sep 2022
Undisclosed
Wearable Devices Lifecycle
Cumulative Funding Raised Over Time
$2.5MJan 2025
$12.5MJun 2024
$13.6MMay 2016
$13.6MNov 2015
$15.4MNov 2024
$19.4MSep 2025
All Events
PIPE
Sep 2025
$4M
PIPE
Jan 2025
$2.5M
PIPE
Nov 2024
$1.85M
PIPE
Jun 2024
$10M
Yorkville Advisors Global
Seed
May 2016
$1.05M
Alumot, Israel Innovation Authority
Seed
Nov 2015
$50K
Samsung Next TLV
POEvent
Jan 2025
Undisclosed
POEvent
Nov 2023
Undisclosed
POEvent
Sep 2022
Undisclosed
Wearable Devices News
135 articles
growth-positive
Wearable Devices Announces Pricing of $3.3 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a securities purchase agreement with an existing institutional investor. The agreement involves the sale of 1,230,000 ordinary shares at $2.67 per share, expected to raise approximately $3.3 million. Additionally, in a concurrent private placement, the company will issue warrants to purchase up to 1,230,000 ordinary shares. The proceeds will be used for working capital and general corporate purposes. The offering is expected to close on or about October 31, 2025, subject to customary conditions. The shares are offered under a registration statement declared effective by the SEC.
PIPE
growth-positive
Wearable Devices Secures Exclusive Distribution Agreement in South Korea for Its Neural Input Wristbands
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has signed an exclusive distribution agreement with Sky Commerce Co., Ltd. in South Korea. This partnership marks a strategic expansion into the South Korean market, with Sky Commerce set to promote and sell Wearable Devices Mudra Band and Mudra Link products. The agreement includes annual minimum purchase targets and aligns with Wearable Devices strategy to scale its neural interface technology globally. The partnership is expected to enhance user experiences and capture new revenue streams, reinforcing Wearable Devices commitment to regional growth in Asia.
Partners
growth-positive
Wearable Devices Granted U.S. Patent for Realistic Gesture-Controlled Virtual Object Modulation
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, announced a new patent for a Gesture and Voice-controlled Interface Device. This innovation enhances user interaction by integrating simulated physical characteristics into gesture control, providing a more realistic experience in virtual and augmented reality environments. The companys products, such as the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures. Operating through direct-to-consumer sales and enterprise collaborations, Wearable Devices aims to enhance user experiences in gaming, productivity, and XR environments.
growth-positive
Wearable Devices Ltd. (NASDAQ: WLDS) Emerging as Leader in Bringing AI-Powered Wearables to Market
Wearable Devices Ltd. is gaining attention for its AI-powered, touch-free wearables that redefine human-technology interaction. The company has developed two flagship products, the Mudra Band and Mudra Link, which enable intuitive gesture control across multiple ecosystems. As the neural interface market grows, Wearable Devices is positioned as a leader, offering solutions for both consumers and enterprise partners. Their products are particularly relevant in sectors like extended reality (XR) and augmented reality (AR), where gesture-based systems are becoming increasingly important. The companys dual-channel model includes direct-to-consumer sales and enterprise licensing, setting the standard for neural input in the XR ecosystem.
Product StagePartners
growth-positive
Gesture-Control Wearables Redefine Human-Technology Interaction
Wearable Devices Ltd. is at the forefront of the AI-enabled, touch-free wearable market with its neural input platform. The company has launched two flagship products, the Mudra Band and Mudra Link, which offer intuitive gesture control and cross-platform interaction. As the demand for AI-powered wearables grows, Wearable Devices is positioned as a leader due to its early market entry and experienced management team. The global wearable technology market is projected to grow significantly, indicating a positive outlook for the company.
Product Stage
growth-positive
Wearable Devices Ltd. (NASDAQ: WLDS) Positioned at Forefront of Wearable Sector Transformation
Wearable Devices Ltd., a company listed on NASDAQ under the ticker WLDS, is making strides in the AI-powered wearable technology market. The company has developed innovative touchless sensing wearables, including the Mudra Band and Mudra Link, which allow for intuitive device control through gestures. These products cater to both consumers and enterprise partners, offering solutions for gaming, productivity, and extended reality environments. The companys focus on AI-driven neural input technology positions it at the forefront of transforming human-computer interaction. This growth-positive development highlights the increasing demand for seamless and natural user experiences in various tech markets.
growth-positive
Wearable Devices Announces Pricing of $4 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a securities purchase agreement with a single institutional investor. The agreement involves the purchase of 670,000 ordinary shares at $6.00 per share, expected to raise approximately $4 million. Additionally, in a concurrent private placement, the company will issue warrants to purchase up to 670,000 ordinary shares. The proceeds will be used for working capital and general corporate purposes. The offering is expected to close around September 15, 2025, subject to customary conditions.
PIPE
growth-positive
24/7 Market News: Kraig Labs Positioned at the Forefront of the Next-Gen Materials Revolution
Kraig Biocraft Laboratories is at the forefront of the wearable technology market with its innovative spider silk material. The company is uniquely positioned to benefit from the growing demand for advanced materials in wearable tech, thanks to its proprietary Dragon Silk production platform. Kraig Labs has developed genetically modified silkworms to produce spider silk at a commercial scale, which is a significant advantage. Currently, the company is in the pilot production stage at its Vietnamese facility and plans to scale up in response to market interest. The global wearable tech market is projected to reach $186.1 billion by 2030, and Kraig Labs is well-positioned to capitalize on this trend.
Product StageExpand
This Penny Stock Is Soaring on a Wearables Patent Win. Should You Buy Its Shares Now?
The article provides instructions on how to customize chart settings and navigate through market data using interactive chart menus. It explains how users can save their chart setup as templates, switch market flags for targeted data, and utilize interactive chart options by right-clicking on the chart. The article is focused on providing users with more control and flexibility in managing and viewing their chart data.
growth-positive
Wearable Devices Announces Pricing of $4 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a securities purchase agreement with a single institutional investor. The agreement involves the purchase and sale of 1,000,000 ordinary shares at $4.00 per share, expected to raise approximately $4 million. Additionally, in a concurrent private placement, the company will issue unregistered warrants to purchase up to 1,000,000 ordinary shares. The proceeds will be used for working capital and general corporate purposes. The offering is made under a registration statement declared effective by the SEC, with the closing expected around September 12, 2025.
PIPE/PO
growth-positive
BC-Most Active Stocks
The article provides a list of the most active stocks on the Nasdaq, NYSE, and NYSE American exchanges, highlighting their trading volumes, price ranges, and changes. Opendoor Technologies Inc. is noted as the most active stock on the Nasdaq with a significant volume of 345,039,939 shares and a positive price change of +3.0001. This indicates a growth-positive impact for Opendoor Technologies Inc. The article focuses on stock performance, providing detailed data on various companies stock activities.
growth-positive
Wearable Devices Stock Explodes As Financing Round And Gesture Control Patent Fuel Hype
Wearable Devices Ltd. experienced a significant stock surge following the announcement of a $4 million financing agreement and the granting of a U.S. patent for its Gesture and Voice Controlled Interface Device. The company entered into a direct offering with a single institutional investor, issuing 1 million ordinary shares at $4 each, with proceeds aimed at working capital and corporate needs. Additionally, the company formed a distribution partnership with Japans Media Exceed Co., enhancing its market presence in Asia. The companys revenue for the first half of 2025 reached $294,000, marking its first commercial sales milestone. The company is also involved in defense-related projects and is leveraging AI technology.
InvestmentCustomersPartnersProduct Stage
growth-positive
BC-Most Active Stocks
The article provides a list of the most active stocks on the Nasdaq, NYSE, and NYSE American exchanges. Wearable Devices Ltd. is highlighted as the most active stock on the Nasdaq, with a significant volume of 121,807,014 shares and a positive price change of +4.18. This indicates a growth-positive impact on the company. The article primarily focuses on stock performance, listing various companies, their trading volumes, and price changes. It does not mention any specific partnerships, acquisitions, or investments related to Wearable Devices Ltd.
growth-positive
Wearable Devices Secures U.S. Patent for Breakthrough Voice and Gesture Control Technology, Enhancing Leadership in AI Wearables Market
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced that it has been granted a significant patent by the United States Patent and Trademark Office. The patent, titled Gesture and Voice-Controlled Interface Device, integrates gesture recognition and voice control, enhanced by biometric authentication. This technology allows for a more natural and intuitive interaction with smart devices, positioning the company to capture significant market share in high-growth segments like consumer electronics and enterprise applications. The patent enhances the companys intellectual property portfolio, supporting its strategy to offer secure and immersive human-machine interfaces.
growth-positive
Wearable Devices Announces First Half 2025 Financial Results
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has announced its financial results for the first half of 2025. The company has successfully launched its Mudra Link, a universal gesture control wristband, marking its commercial debut. The product has generated $294,000 in revenue from B2C sales and has expanded its market reach to both Android and iOS devices. Wearable Devices has also entered the Japanese market through a collaboration with Media Exceed Co., Ltd., and is working on a military project to develop touchless neural control systems. The company is leveraging its patented AI-based neural input interface technology to capitalize on the growing demand for wearable tech.
Product StageCustomersPartners
growth-positive
Wearable Devices Collaborates with Leading Japanese E-Commerce Platform to Expand Mudra Wearable Devices in Tech-Savvy Market
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has announced a collaboration with Media Exceed Co., Ltd., a leading e-commerce company in Japan. This partnership will see Media Exceed acting as a non-exclusive reseller of Wearable Devices Mudra Band and Mudra Link, expanding their availability in Japan. The collaboration aims to leverage Media Exceeds e-commerce platform to enhance the distribution and customer support for these innovative neural interface products. The Mudra products, which allow touchless control of digital devices, have been well-received, with the Mudra Link recently winning an Innovation Award at CES 2025. This partnership is expected to accelerate Wearable Devices global growth and enhance user experience in the Japanese market.
Partners
growth-positive
Wearable Devices Secures U.S. Patent for Groundbreaking Neural Interface Technology
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has been granted a patent by the United States Patent and Trademark Office for its Gesture and Voice-Controlled Interface Device. This patent covers neural interface technology that enables gesture-based control and real-world physical measurements from the wrist. The patent is expected to enhance the companys strategic IP roadmap and play a significant role in sectors like XR environments, logistics, and manufacturing. The company is positioned at the forefront of the neural interface revolution, offering products like the Mudra Band for iOS and Mudra Link for Android, which transform subtle finger and wrist movements into intuitive controls.
Product StagePublic Trading
growth-positive
NetworkNewsAudio Announces Audio Press Release (APR) on Expanding Neural Tech Leadership in Booming AI Wearables Market
Wearable Devices Ltd. is making significant strides in the AI-powered wearables market, projected to grow substantially by 2032. The company is leveraging its proprietary neural input technology, including the Mudra Link wristband and LMM platform, to enable touchless control of digital devices. Recent achievements include securing new U.S. patents and expanding into the Japanese market through a partnership with Media Exceed. The companys strategic focus on both consumer and enterprise markets positions it as a leader in human-computer interaction. Wearable Devices aims to set the standard for neural input in the XR ecosystem, enhancing user experiences across various tech markets.
PartnersProduct Stage
growth-positive
Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $2.4 Million in Gross Proceeds
Wearable Devices Ltd., a company specializing in AI-based wearable gesture control technology, announced a warrant inducement agreement with an existing institutional investor. The agreement involves the immediate exercise of warrants to purchase 1,661,000 ordinary shares at $1.45 per share, generating approximately $2.4 million in gross proceeds. The funds will be used for working capital and general corporate purposes. In return, the investor will receive new unregistered warrants to purchase 3,322,000 shares at $1.71 per share, exercisable upon shareholder approval. The transaction is expected to close around August 7, 2025. This move is part of the companys strategy to enhance its financial position and support its growth in the AI-powered neural input technology market.
Investment
growth-positive
Wearable Devices Announces Development of Neural Interface for Advanced Military Tactical Systems
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a new project to advance human-machine interfaces for military applications. The initiative introduces a touchless neural control system for soldiers, enhancing operational efficiency and safety. This project leverages advanced AI-driven sensors to interpret subtle movements, potentially setting a new standard for military HMI. The development strengthens Wearable Devices position in the defense sector, alongside its consumer and enterprise markets. The companys products, such as the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures. Wearable Devices operates through direct-to-consumer sales and enterprise collaborations, providing advanced input solutions for immersive environments.
Product StagePartners
growth-positive
IBN Initiates Coverage of Wearable Devices Ltd. (NASDAQ: WLDS)
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has partnered with InvestorBrandNetwork (IBN) to enhance its corporate communications. The company is known for its Mudra technology, which allows gesture-based control of digital devices. Their products, Mudra Band and Mudra Link, are designed for seamless interaction with Apple and other platforms. These products have received CES Innovation Awards and are used globally. The partnership with IBN aims to increase awareness and reach a broader audience through IBNs extensive distribution network. Wearable Devices is poised for growth in the AR/XR, neural interface, and predictive health markets.
Partners
growth-positive
Neural Tech Drives the Growth of the AI Wearables Market
Wearable Devices Ltd. is positioning itself as a leader in the AI-enabled wearable market, which is projected to grow significantly in the coming years. The company is advancing its Mudra Link neural interface wristband and Large Motor Unit Action Potential Model (LMM) platform, which offer gesture-based and bio-signal AI interaction for health and cognitive monitoring. Wearable Devices is expanding its distribution into Japan, targeting early adopters of gesture-control technologies. The company is part of a broader trend in AI-driven wearables that are reshaping human-computer interfaces, alongside major players like Meta, Apple, and Amazon.
Product StageCustomersPartners
growth-positive
Wearable Devices Awarded Continuation Patent Covering Neural Gesture Interface Advancements
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced the granting of a continuation patent by the United States Patent and Trademark Office. This patent enhances the companys neural interface technologies, allowing for seamless gesture recognition without physical contact or voice triggers. The innovation is aimed at improving user interactions in augmented reality (AR), extended reality (XR) headsets, and smart devices. The patent strengthens Wearable Devices intellectual property and supports its vision of integrating natural human intent into digital systems. The companys products, including the Mudra Band, leverage AI to transform subtle movements into intuitive controls, enhancing user experiences in gaming and AR/VR landscapes.
Product StagePublic Trading
growth-positive
Wearable Devices Partners with Japanese E-Commerce Platform to Expand Distribution and Market Reach for Mudra Band and Mudra Link
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has announced a collaboration with Media Exceed Co., Ltd., a leading e-commerce company in Japan. This partnership will see Media Exceed acting as a non-exclusive reseller of Wearable Devices Mudra Band and Mudra Link products in Japan. The collaboration aims to expand the availability of these neural interface products to the tech-savvy Japanese market, leveraging Media Exceeds e-commerce platform. This move aligns with Wearable Devices strategic goal of global expansion and enhancing product accessibility. The Mudra Band and Mudra Link utilize proprietary sensors to enable touchless control of digital devices.
Partners
growth-positive
Wearable Devices to Showcase Mudra Link, Its Established AI-Based Neural Wristband for Smart Glasses, at XR Fair Tokyo 2025
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearable devices, announced its participation in the Fifth XR Fair Tokyo. The company will showcase its Mudra Link, a neural input wristband that enables hands-free, gesture-based control of digital devices. The Mudra Link, which began shipping earlier this year, is compatible with various platforms and AR glasses. Recognized with a CES 2025 Innovation Award, the device has been praised for its intuitive interface and low-latency performance. The company targets both B2C and B2B markets, offering products like the Mudra Band and Mudra Development Kit. The event in Japan is seen as an ideal platform to demonstrate their technologys capabilities in AR use cases.
Product StageCustomers
growth-positive
Wearable Devices Advances AI Health Monitoring Platform as U.S. HHS Embraces Wearable Tech
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced the expansion of its Large Motor Unit Action Potential Model (LMM) into new markets like predictive health monitoring and cognitive state analytics. This strategic move aligns with the growing interest in personalized wellness devices, as highlighted by U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr. The LMM platform, which analyzes muscle activity signals, is being evaluated for real-world applications in health monitoring and cognitive analytics. The company plans to open its AI-powered bio-signal data platform to enterprises, researchers, and developers, aiming to enhance performance across various domains.
Product StagePartners
growth-positive
Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices
Wearable Devices Ltd., a technology growth company based in Israel, has announced the continuation of its patent for a gesture and voice-controlled interface device. This development strengthens the companys position in the field of intuitive human-device interactions, particularly for augmented reality headsets and other smart devices. The patent allows for precise start and end points in gesture control, enabling more natural and intuitive interactions. The companys products, such as the Mudra Band and Mudra Link, leverage AI-powered neural input technology to offer touch-free control across various digital devices. Wearable Devices operates through direct-to-consumer sales and enterprise licensing, providing solutions for gaming, productivity, and extended reality environments.
growth-positive
Wearable Devices Secures U.S. Patent for Continuous Gesture Control, Enabling Fine-Tuned Interaction with Digital Devices
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced the allowance of a continuation of its patent titled Gesture and Voice-Controlled Interface Device by the United States Patent and Trademark Office. This patent enhances the companys neural gesture technology, enabling seamless and intuitive mid-air control gestures like pinch-to-zoom and volume control. The technology is particularly suited for augmented reality headsets and gesture-controlled smart devices. This development is expected to unlock the full potential of touchless control, allowing users to interact with digital environments naturally and intuitively. Wearable Devices is known for its consumer products, the Mudra Band and Mudra Link, which define the neural input category for wrist-worn devices and brain-computer interfaces.
growth-positive
Wearable Devices Ltd. Releases New Mudra Link Update with Gesture-Based Media Control
Wearable Devices Ltd., a technology company specializing in AI-powered touchless sensing wearables, has announced a new update for its Mudra Link product. This update introduces gesture-based media control, allowing users to manage playback functions like play, pause, and volume through natural hand gestures. The update also includes a firmware update for improved stability and a streamlined onboarding experience. The Gesture Mapper feature, introduced earlier, allows users to customize hand gestures for various digital commands, enhancing productivity and accessibility. This innovation is particularly beneficial for users of augmented reality glasses and other wearables, offering a hands-free, intuitive interaction method.
Product Stage
growth-positive
Wearable Devices Receives U.S. Patent Notice of Allowance for Hybrid Voice and Gesture Control Innovation
Wearable Devices Ltd. announced that the United States Patent and Trademark Office has allowed a new patent for their gesture and voice-controlled interface device. This patent enhances their intellectual property portfolio by integrating gesture recognition with voice control, providing a more seamless and secure human-machine interaction. The technology is applicable in various domains, including smart homes and clinical settings, allowing users to control devices using natural gestures and voice commands. This advancement is expected to strengthen the companys position in the AI-powered wearable technology market.
growth-positive
Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $1.2 Million in Gross Proceeds
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, announced a warrant inducement transaction with an existing institutional investor. The transaction involves the immediate exercise of existing warrants at a reduced price, generating approximately $1.2 million in gross proceeds. The funds will be used for working capital and general corporate purposes. In return, the investor will receive new unregistered warrants, exercisable immediately and expiring in five years. The transaction is expected to close around April 30, 2025, subject to customary conditions. The private placement is made under an exemption from registration under the Securities Act.
PIPE
growth-positive
Wearable Devices Unveils Revolutionary Gesture Mapper for Mudra Link, Ushering in a New Era of Personalized Neural Control
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a significant update to its Mudra Link product. The update introduces the Gesture Mapper feature, allowing users to customize input commands for specific gestures, enabling intuitive and touchless control across various devices and operating systems. This innovation enhances user interaction by offering customizable gestures that can replace or augment traditional input methods. The Mudra Link is positioned as a leading product in the neural wristband category, facilitating more efficient and personalized control. The company operates through direct-to-consumer sales and enterprise collaborations, providing advanced input solutions for immersive environments.
Product Stage
growth-positive
Wearable Devices Secures U.S. Patent for Combined Voice and Gesture Control
Wearable Devices Ltd. announced that the United States Patent and Trademark Office has allowed its patent for a Gesture and Voice-Controlled Interface Device. This patent enhances the companys intellectual property portfolio by integrating gesture recognition with voice control interfaces, offering personalized and secure human-machine interactions. The technology allows users to interact with devices using natural gestures and voice commands, applicable in various settings like smart homes and clinical environments. This development is seen as a significant advancement in the companys strategic IP, supporting its growth in AI-powered touchless sensing wearables.
Product Stage
growth-positive
Wearable Devices (WLDS) Expands AI Tech to Predictive Health – A Game Changer?
The article discusses the position of Wearable Devices Ltd. in the context of AI advancements and analyst ratings. Reid Hoffman, co-founder of LinkedIn and partner at Greylock, emphasizes the potential of AI to enhance human capabilities and the importance of responsible development. He advocates for safeguards against major risks while allowing AI to evolve through real-world applications. Hoffman highlights the economic competition between the West and China and stresses the need for continued innovation and strategic leadership. He compares AIs transformative impact to the Industrial Revolution, advocating for broad accessibility and inclusion. Hoffman also supports a cautious regulatory approach focusing on preventing serious threats like cybercrime.
growth-positive
Wearable Devices announces expansion of LMM into new potential markets
Wearable Devices Ltd. (WLDS) is expanding its Large Motor Unit Action Potential Model into new markets such as predictive health monitoring and cognitive state analytics. This expansion aims to broaden the applications of bio-signal intelligence beyond wearables, providing businesses and healthcare providers with real-time physiological insights. The technology is being evaluated in controlled environments for applications like predictive health monitoring and cognitive state analytics. The company has secured a U.S. patent for its neural interaction technology, indicating strategic advances. This development is expected to revolutionize preventive diagnostics and digital health tracking, as well as optimize work productivity and mental well-being through continuous monitoring of neural data.
Product Stage
growth-positive
Wearable Devices to Expand AI-Powered Bio-Signal Intelligence with LMM for Health Monitoring Potential Uses
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced the expansion of its Large Motor Unit Action Potential Model (LMM) into new markets such as predictive health monitoring and cognitive state analytics. This expansion will allow the company to broaden its bio-signal intelligence applications beyond wearables, offering real-time physiological insights for health and wellness monitoring. The LMM technology, which continuously learns and adapts, is being evaluated in controlled environments for real-world applications. Wearable Devices plans to open its LMM platform to enterprises, researchers, and developers, enabling the development of custom applications for healthcare and sports, and integrating physiological insights into enterprise solutions.
Product StagePartners
growth-negative
Wearable Devices Full Year 2024 Earnings: US$24.19 loss per share (vs US$38.59 loss in FY 2023)
The article discusses the financial performance of Wearable Devices, highlighting a revenue increase to US$522.0k, up by US$440.0k from FY 2023. Despite this growth in revenue, the company reported a net loss of US$7.88m, which remains flat compared to FY 2023, and a loss of US$24.19 per share. The companys shares have decreased by 4.1% over the past week. The article, provided by Simply Wall St, is based on historical data and analyst forecasts, and it warns of five potential warning signs for Wearable Devices. The analysis does not constitute financial advice and does not consider individual financial situations.
growth-positive
Wearable Devices Announces Full Year 2024 Financial Results and Provides Corporate Update
Wearable Devices Ltd., a technology company specializing in AI-powered touchless sensing wearables, reported its financial results for 2024. The company launched the Mudra Band for Apple Watch and introduced the Mudra Link, a gesture control wearable, marking a milestone in neural interface technology. The Mudra Link is now available for orders and shipping began in early 2025. Strategic investments were made in sales, marketing, and R&D. The company also launched the B2B Mudra Developer Kit, enhancing its B2B offerings. Collaborations with Qualcomm and TCL-RayNeo were announced, focusing on developing products using Qualcomms Snapdragon Spaces XR Developer Platform and AR technology, respectively. These initiatives are expected to drive revenue growth as the market for wearable and AI-based technology expands.
Product StagePartnersCustomers
growth-positive
Wearable Devices Expands to Next-Gen Neural Interaction for Everyday Life After Securing Patent in the United States
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has received a notice of allowance for its patent application from the United States Patent and Trademark Office. The patent covers a gesture and voice-controlled interface device that measures weight, torque, and force, with applications in brain-computer interfaces, Industry 4.0, and extended reality. This innovation is expected to enhance user experiences in various fields, including aiding individuals with disabilities, boosting productivity in industrial settings, and improving virtual environment immersion. The patent is part of the companys strategy to expand its intellectual property portfolio globally. Wearable Devices Ltd. is known for its products like the Mudra Band and Mudra Link, which enable touch-free interaction through AI technology.
growth-negative
Wearable Devices Ltd. Announces 1-for-4 Reverse Stock Split
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a one-for-four reverse split of its ordinary shares and tradable warrants. This move, approved by shareholders, will take effect on March 17, 2025, and aims to adjust the number of issued and outstanding shares and warrants. The reverse split will not change the authorized share capital or alter any shareholders percentage ownership, except for minor adjustments related to fractional shares. The companys shares and warrants will continue trading under the same Nasdaq symbols, with new CUSIP numbers assigned post-split.
growth-positive
Wearable Devices Gains Global Recognition at MWC 2025, Wins “Best Wearable Debut” Alongside Lenovo, Samsung, and Intel
Wearable Devices Ltd., an AI-based wearable technology company, announced that its Mudra Link wristband received the Best Wearable Debut award at MWC Barcelona 2025. This recognition highlights the companys pioneering role in neural interface and gesture-based control solutions. The Mudra Link enables intuitive control of digital devices through gestures, potentially redefining human-computer interaction. The product has been praised by industry experts and media, positioning Wearable Devices as a leader in the rapidly growing AR/VR/XR market. The companys innovative products, including the Mudra Band and Mudra Link, leverage AI technology to offer seamless, touch-free interaction, enhancing user experiences across consumer and business markets.
growth-positive
Wearable Devices Unlocks New Market Opportunities Following an Announcement of the Development of AI-Powered Gesture Personalization Technology
Wearable Devices Ltd., a pioneer in AI-based wearable gesture control technology, announced its next-generation gesture personalization technology. This innovation is set to transform human-device interactions by enabling personalized AI-driven gestures for XR, smartwatches, and other devices. The technology focuses on micro-gesture precision, cross-device integration, and context-aware interactions, enhancing user experience across various platforms. By leveraging Large Motor Unit Action Potential Models, the company aims to improve gesture classification and offer seamless, real-time responsiveness. This development opens new commercial and licensing opportunities in the rapidly growing XR and AI-driven device markets.
growth-positive
Wearable Devices to showcase latest advancements at MWC Barcelona 2025
Wearable Devices Ltd. announced its participation in MWC Barcelona 2025, where it will showcase its advancements in neural gesture input technology. The company will highlight its Mudra Link, a neural sensing wristband for XR and Smart Glasses control, and the Mudra Band for Apple Watch. The event will take place from March 3 to March 6, 2025. Additionally, Wearable Devices has completed a $2.5 million public offering, indicating a growth-positive outlook. The company is actively developing AI-powered gesture personalization methods and has proposed a reverse stock split.
Public TradingPIPE/PO
growth-positive
Wearable Devices to Showcase the World's First Neural Sensing Wristband at MWC Barcelona 2025
Wearable Devices Ltd., a pioneer in AI-based wearable gesture control technology, announced its participation at MWC Barcelona 2025. The company will showcase its latest advancements, including the Mudra Link, a neural sensing wristband that enables gesture control across multiple operating systems. This technology expands beyond Apples ecosystem, allowing control of smart glasses and XR applications. The Mudra Dev-Kit program will also be introduced, providing enterprises with tools to explore and develop neural band products. The event marks a significant step in expanding Wearable Devices technology to a broader audience, with strong interest from consumers and industry partners.
Product StagePartners
growth-negative
Wearable Devices Ltd. (WLDS) Advances AI-Powered Gesture Personalization for Next-Gen User Interaction
The article discusses the geopolitical tensions surrounding AI technology, focusing on Wearable Devices Ltd. (NASDAQ:WLDS) and its position in the AI sector. US Vice President JD Vance criticized the EU AI Act, expressing concerns that it could stifle innovation and control user thoughts. The US opposes the EUs regulatory approach, fearing it may limit American tech companies international operations. Vance emphasized safeguarding American AI and chip technologies from foreign misuse, highlighting the ongoing US-China tensions over semiconductor access. The article underscores the high stakes in AI development and the potential negative impact of stringent regulations on innovation.
growth-positive
Wearable Devices Unveils Future AI-Powered Gesture Personalization Technology, Paving the Way for Next-Gen User Interactions
Wearable Devices Ltd., based in Yokneam Illit, Israel, is pioneering AI-based wearable gesture control technology. The company is developing a neural wristband that uses biopotential signals to enable personalized micro-gestures, enhancing user interaction with digital devices. This technology is set to revolutionize extended reality (XR), smartwatches, and other AI-driven interfaces by providing precise, context-aware, and cross-device integration. With over a decade of R&D and a growing patent portfolio, Wearable Devices is inviting industry leaders to collaborate on these innovations. The companys focus on AI-driven gesture personalization is expected to transform human-device interaction, making it more intuitive and accessible.
Product StagePartners
growth-positive
Wearable Devices (WLDS): AI-Powered Gesture Tech Unlocks Sci-Fi-Like Interactions
The article discusses the strategic partnership between France and the United Arab Emirates to develop a 1 gigawatt data center dedicated to artificial intelligence. This initiative is part of a larger AI agreement signed by French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan. The partnership aims to invest in AI infrastructure, including data centers, talent development, and virtual data embassies. France will host the AI Action Summit in February 2025, highlighting Europes commitment to AI development. The article also mentions Wearable Devices Ltd. in the context of AI news updates and the interest of hedge funds in AI stocks.
growth-positive
Wearable Devices Introduces AI-Powered LLM for Next-Level Gesture Control
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, has announced a significant advancement in human-computer interaction with its Large MUAP Models (LMM). This AI-powered neural gesture technology aims to revolutionize digital device interaction by offering personalized, intuitive gesture control. LMMs decode Motor Unit Action Potentials (MUAPs) to enable devices to understand and predict user intentions with high precision. The technology is still in development but promises to enhance user experience by creating unique neural profiles for personalized gestures. Wearable Devices existing products, like the Mudra Band for Apple Watch, already showcase the potential of neural interfaces, paving the way for seamless integration of wearable technology into daily life.
Product Stage
growth-positive
Wearable Devices Unveils the LLM of Gesture Control: Large MUAP Models (LMM) Set to Revolutionize Human-Computer Interaction
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, has announced a significant advancement in human-computer interaction with the development of Large MUAP Models (LMMs). These models aim to revolutionize digital device interaction by decoding neural gestures, allowing for personalized and intuitive control. The technology is still in development but promises to enhance user experience by creating unique neural profiles for personalized gestures. Wearable Devices existing products, like the Mudra Band for Apple Watch, already showcase the potential of neural interfaces, and LMMs are expected to further integrate wearable technology into daily life.
Product Stage
growth-positive
Wearable Devices Ltd. (WLDS) Unveils AI-Driven Gesture Control Breakthrough with Large MUAP Models
The article discusses the current trends in AI adoption, highlighting Wearable Devices Ltd. (NASDAQ:WLDS) among other AI stocks. As AI technology evolves, there is a push to make it more accessible and affordable, particularly for startups and smaller enterprises. Umesh Sachdev, CEO of Uniphore, emphasizes the impact of DeepSeek innovation in reducing computing costs, facilitating AI integration. Despite security concerns, especially related to potential Chinese government links, the open-sourcing of DeepSeeks technology is praised. The article also notes that AI adoption is expected to accelerate as computing costs decrease, drawing parallels to the early internet era. The article concludes by discussing hedge fund interest in AI stocks, suggesting that following top hedge fund picks can lead to market outperformance.
growth-positive
Wearable Devices Ltd. Announces Closing of $2.5 Million Public Offering
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, announced the closing of a public offering with a single institutional investor. The offering included ordinary shares, pre-funded warrants, and additional warrants, raising approximately $2.5 million in gross proceeds. The company plans to use the funds for working capital and general corporate purposes. A.G.P./Alliance Global Partners acted as the sole placement agent. The offering was conducted under a registration statement declared effective by the SEC. Existing warrants were amended to reduce the exercise price and extend the expiration period.
PIPE
growth-positive
Wearable Devices Ltd. Announces Pricing of $2.5 Million Public Offering
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, announced a public offering with a single institutional investor for 2,500,000 ordinary shares and warrants at a combined price of $1.00 per share. The company expects to raise approximately $2.5 million in gross proceeds. The offering is set to close around January 30, 2025, and the proceeds will be used for working capital and general corporate purposes. A.G.P./Alliance Global Partners is the sole placement agent. Existing warrants will be amended to reduce the exercise price to $1.00 per share. The offering is made under a registration statement declared effective on January 28, 2025.
PIPE/PO
growth-positive
Is Wearable Devices Ltd. (WLDS) the Best Consumer Electronics Stock to Invest in Now?
The article discusses the position of Wearable Devices Ltd. within the consumer electronics market, which is experiencing significant growth. The global market is projected to reach $1.15 trillion by 2031, driven by demand for innovative devices. Despite economic challenges, the market remains resilient, bolstered by advancements in AI. The US leads in adoption and demand, with a focus on digital solutions and automation. Tim Seymour of Seymour Asset Management highlights the impact of tariffs on consumer electronics and the potential for US products to remain competitive due to a strong dollar. Overall, the sentiment is positive, with large multinational corporations expected to perform well.
growth-positive
Open for Orders: Wearable Devices Announces the Availability of its Mudra Link Neural Gesture-Control Wristband
Wearable Devices Ltd. has announced the general availability of its Mudra Link, a neural wristband compatible with Android, macOS, and Windows devices. The product was showcased at CES 2025 and received an Innovation Award in the XR Technologies & Accessories category. The Mudra Link, along with the Mudra Band for Apple devices, represents a significant advancement in touchless control and interaction, utilizing AI-based gesture control technology. The device is positioned as a critical enabler for extended reality ecosystems, with applications in AR glasses, smart TVs, and more. The company has partnered with RayNeo, and the Mudra Development Kit offers opportunities for developers to explore new use-cases.
Product StagePartners
growth-negative
Wearable Devices Announces Receipt of Nasdaq Notification of Minimum Stockholders’ Equity Non-Compliance
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, has received a notification from Nasdaq indicating non-compliance with the minimum stockholders equity requirement for continued listing. The company reported stockholders equity of approximately $1,695,000 as of June 30, 2024, falling short of the $2,500,000 requirement. Wearable Devices has until March 3, 2025, to submit a compliance plan. The company expects to meet the requirement by December 31, 2024, through proceeds from a Standby Equity Purchase Agreement and a registered direct offering. Despite the compliance issue, the companys shares will continue trading on Nasdaq.
PIPE/PO
growth-positive
Wearable Devices Gains Global Recognition at CES 2025 for Innovation in Neural Gesture-Control Technology
Wearable Devices Ltd., an Israeli company specializing in AI-based wearable gesture control technology, announced that its Mudra Link Neural Gesture-Control Wristband received significant attention and praise at CES 2025. The product was highlighted by major media outlets such as Tom’s Guide, CNET, and ZDNet for its innovative features and affordability. The wristband allows users to control devices using gestures, making it a standout innovation at the event. The collaboration with RayNeo, featuring the RayNeo X3 Pro AR glasses, was also noted, drawing comparisons to Metas future glasses. The positive reception at CES 2025 underscores Wearable Devices leadership in the wearable technology sector.
CustomersPartners
growth-positive
Wearable Devices and RayNeo to Unveil Transformative Gesture-Controlled AR Glasses Powered by Mudra Neural Wristband and Snapdragon XR Platform at CES®
Wearable Devices Ltd. has announced a collaboration with RayNeo™ to enhance the augmented reality (AR) experience through the introduction of the RayNeo™ X3 Pro glasses, which are integrated with Wearable Devices Mudra® neural input wristband. This partnership leverages Qualcomms Snapdragon® AR1 Gen 1 Platform to offer an intuitive and immersive AR interaction. The Mudra® technology allows for gesture tracking without the need for line-of-sight, enabling more compact and fashionable AR glasses. This collaboration is expected to set a new standard in AR technology by providing users with seamless and intuitive control over their digital interactions.
Partners
growth-positive
Wearable Devices Announces General Availability of its Mudra Link Neural Gesture-Control Wristband
Wearable Devices Ltd., a pioneer in AI-based wearable gesture control technology, announced the general availability of its Mudra® Link, a neural wristband compatible with Android, macOS, and Windows devices. This release, showcased at CES 2025, highlights the companys expansion in the wearable gesture control market. The Mudra Link, along with the Mudra Band for Apple devices, utilizes proprietary Surface Nerve Conductance sensors to translate subtle finger movements into commands for various devices, including AR glasses and smart home systems. The technology is positioned as a key enabler for extended reality ecosystems, enhancing user interaction. The Mudra Development Kit further allows developers to explore new applications, reinforcing Wearable Devices role as a leader in human-machine interaction.
Product Stage
growth-positive
Wearable Devices and RayNeo Unveil First Neural-Controlled AR Glasses at CES 2025, Serving as the Catalyst for Strategic Collaborations and OEM Integrations
Wearable Devices Ltd., an AI-based wearable gesture control technology company, has announced a collaboration with RayNeo to showcase the worlds first neural-controlled AR glasses at CES 2025. This partnership highlights the integration of Wearable Devices Mudra Link Neural Wristband with RayNeos latest AR Glasses, offering a seamless and intuitive gesture control experience. The collaboration aims to revolutionize human-computer interaction by enabling hands-free control in AR environments, pushing the boundaries of extended reality applications. The joint demonstration at CES 2025 will provide attendees with an opportunity to experience this innovative technology firsthand, showcasing the potential for mass adoption of smart glasses operated by neural interfaces.
Partners
growth-positive
Wearable Devices Ltd. Announces Closing of $1.85 Million Registered Direct Offering and Concurrent Private Placement
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, announced the successful closing of a registered direct offering and a concurrent private placement. The company issued 822,000 ordinary shares and warrants to purchase an equal number of shares, raising approximately $1.85 million. The funds will be used for working capital and general corporate purposes. A.G.P./Alliance Global Partners acted as the sole placement agent for the offerings. The shares were issued under a registration statement declared effective by the SEC, while the warrants were issued in a private placement. This financial move is expected to support the companys growth and operational needs.
Investment
growth-positive
Wearable Devices Ltd. Announces Pricing of $1.85 Million Registered Direct Offering and Concurrent Private Placement
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, announced a securities purchase agreement with a single institutional investor. The agreement involves a registered direct offering of 822,000 ordinary shares at $2.25 per share, alongside a concurrent private placement of warrants to purchase an equivalent number of shares at $2.50 per share. The gross proceeds from these offerings are expected to be approximately $1.85 million, which will be used for working capital and general corporate purposes. A.G.P./Alliance Global Partners is acting as the sole placement agent for these offerings, which are expected to close on November 27, 2024. The offerings are made under a registration statement declared effective by the SEC.
Investment
growth-positive
Wearable Devices Redefines the Neural Wristband Category with SNC Technology for XR Interaction
Wearable Devices Ltd., an Israeli company, has introduced a new category of wearable technology called the Neural Wristband, featuring products like the Mudra Band and Mudra Link. These devices utilize proprietary Surface Nerve Conductance technology to detect neural signals and wrist movements, allowing users to control digital devices through intuitive gestures. This innovation aims to enhance user interaction with digital devices, particularly in the realm of extended reality (XR), by providing a more immersive and natural user experience. The Mudra technology supports a wide range of devices, including Apple, Android, Windows, and macOS, making it versatile and easy to integrate. The companys focus on AI-based neural input interface technology positions it as a leader in the rapidly expanding tech industry.
growth-positive
Mudra Link from Wearable Devices Awarded CES 2025 Innovation Award, Honored in XR Technologies & Accessories
Wearable Devices Ltd., an Israeli company specializing in AI-based wearable gesture control technology, has been recognized as a CES® 2025 Innovation Awards Honoree for its Mudra Link neural interface wristband. This recognition highlights the companys pioneering work in neural gesture technology, which enhances user interaction with digital devices through subtle finger and wrist movements. The Mudra Link, compatible with Android and iOS, is noted for its potential to improve accessibility and interaction in augmented and extended reality environments. The companys CEO, Asher Dahan, emphasized the importance of neural control wearables in complementing devices like Meta’s Orion AR glasses. This award underscores Wearable Devices commitment to setting industry standards and expanding intuitive interaction across digital platforms.
growth-positive
Wearable Devices and TCL’s RayNeo Join Forces to Bring the Future of Neural Controller Wristband to AR Glasses Market Significantly Ahead of Meta
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has announced a collaboration with TCL-RayNeo, a leader in augmented reality technology. This partnership aims to develop a neural interface wristband for AR glasses, enhancing user experience through hands-free, gesture-based interactions. The collaboration signifies a significant advancement in neural gesture technology, combining RayNeos AR glasses with Wearable Devices neural input technology. This partnership is expected to lead to innovative solutions in the extended reality market, offering seamless and touchless control across various applications. The full terms of the collaboration are still under negotiation.
Partners
growth-positive
Wearable Devices Regains Compliance with Nasdaq Minimum Bid Price Rule
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced that it has regained compliance with Nasdaqs minimum bid price requirement. The companys shares maintained a closing bid price of $1.00 or greater for 10 consecutive business days, resolving a previous bid price deficiency. Wearable Devices develops neural input interface technology for both consumer and business markets, with its flagship product being the Mudra Band for Apple Watch. This compliance is a positive development for the company, which trades on Nasdaq under the symbols WLDS and WLDSW.
Public Trading
growth-positive
Wearable Devices Unveils Foundational White Paper on the Future of Gesture Control and Neural Interfaces
Wearable Devices Ltd., a leader in AI-based wearable gesture control technology, has released a white paper titled Elevating AR Glasses User Experience with Gesture Control and Neural Wristband. The paper provides an in-depth analysis of the shift from camera-based gesture systems to wrist-worn devices like the Mudra Band and Mudra Link, which offer more natural and comfortable user experiences. The white paper highlights the advantages of wearable neural interfaces over traditional systems, emphasizing improved precision, extended functionality, and reduced device weight. By releasing this white paper, Wearable Devices reaffirms its pioneering role in neural gesture control and its commitment to shaping the future of wearable technology.
growth-positive
Wearable Devices and RayNeo Collaborate to Lead the Industry of Neural Control for AR Glasses
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a collaboration with RayNeo, a leader in augmented reality technology. The partnership aims to deliver next-generation neural interface AR glasses, integrating Wearable Devices neural gesture control technology with RayNeos AR glasses. This collaboration is expected to enhance user experiences by enabling hands-free, gesture-based interactions in augmented and mixed reality environments. The partnership reflects a shared vision of redefining interactions with technology in the extended reality space. The collaboration is seen as a significant step forward in AR technology, promising innovative solutions that empower users and transform everyday experiences. The full terms of the collaboration are subject to negotiation and execution of definitive agreements.
Partners
growth-positive
Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, has launched its Mudra Band on Walmart.com. This strategic move aims to expand the companys presence across major U.S. retail platforms, following its successful introduction on Amazon. The Mudra Band, designed for Apple Watch, allows users to control their Apple devices using neural-based gestures, enhancing user experience without the need for touch. This launch is expected to significantly broaden Wearable Devices market reach and brand recognition in the U.S. Asher Dahan, CEO of Wearable Devices, emphasized the importance of this collaboration with Walmart in introducing their innovative technology to a wider audience.
CustomersPartners
growth-negative
Wearable Devices announces 1-for-20 reverse stock split
Wearable Devices announced a one-for-twenty reverse split of its ordinary shares and tradable warrants, which will start trading on a split-adjusted basis on October 10, 2024, on the Nasdaq Capital Market. This decision was approved by the companys shareholders at their annual meeting on September 26, 2024, and subsequently ratified by the board of directors. The reverse split will not alter the companys authorized share capital, which remains at 50,000,000 ordinary shares. The move is seen as a strategic decision to potentially enhance the stocks marketability and meet Nasdaqs listing requirements. However, reverse splits are often perceived negatively as they can indicate underlying financial challenges.
Public Trading
growth-negative
Wearable Devices Ltd. Executes Reverse Stock Split
Wearable Devices Ltd. has announced a 1-for-20 reverse stock split of its ordinary shares and tradable warrants, effective from October 10, 2024. This decision, approved by shareholders and the board of directors, is intended to consolidate shares and adjust associated securities proportionally, without altering shareholder equity percentages, except for minor exceptions related to fractional shares. The company, known for its Mudra Band for Apple Watch and B2B solutions, will continue trading on the Nasdaq under the tickers ‘WLDS’ and ‘WLDSW’. This move is generally seen as growth-negative as reverse stock splits can indicate financial distress or a strategy to meet minimum trading requirements.
Public Trading
growth-negative
Wearable Devices Ltd. Announces 1-for-20 Reverse Stock Split
Wearable Devices Ltd., a company specializing in AI-powered touchless sensing wearables, announced a one-for-twenty reverse share split of its ordinary shares and tradable warrants. This decision, approved by shareholders and the board of directors, aims to adjust the number of issued and outstanding shares and warrants, with trading on a split-adjusted basis starting October 10, 2024. The reverse split will not alter any shareholder’s percentage ownership but will affect the number of shares and warrants. The company, known for its Mudra Band for Apple Watch, continues to focus on developing AI-based neural input interface technology for both B2C and B2B markets. The reverse split is seen as a strategic move to potentially enhance the marketability of its shares.
Public Trading
growth-positive
Wearable Devices ‘applauds’ Meta’s entrance into gesture control space
Wearable Devices welcomed Metas entry into the gesture control space, as announced at Meta Connect 2024. CEO Asher Dahan expressed that competition fosters innovation and acknowledged Metas commitment to the neural interface sector, which Wearable Devices has been pioneering for over a decade. This move by Meta validates the potential and importance of neural control technology. Wearable Devices looks forward to continuing to push boundaries in the neural wearables space alongside other key players. The announcement was first published on TheFly.
Customers
growth-positive
Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South Korea
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has filed a patent application with the Korean Intellectual Property Office (KIPO) to protect its neural interface technology. This move is part of the companys strategy to expand its global patent portfolio, particularly in the Asian markets. The patent covers a neural interface technology used for measuring weight and torque, which has broad applications beyond gesture control. The company aims to secure access to technologically advanced markets and foster collaborations with global industry leaders. The announcement was made on September 26, 2024.
Investment
growth-positive
Wearable Devices Boldly Welcomes Meta’s Neural Control Entry to the AR/VR/XR Market
Wearable Devices Ltd., a pioneer in AI-based gesture control technology, welcomed Metas entry into the neural interface sector, announced at Meta Connect 2024. CEO Asher Dahan emphasized that competition fosters innovation and validated the potential of neural control technology. Wearable Devices has been a leader in this field with its Mudra Band and Mudra Link, which allow hands-free digital navigation. The company has been recognized for its innovation, winning the Best of CES Innovation Award in 2021. The announcement underscores the growing importance of neural control and positions Wearable Devices as a key player in the expanding tech landscape.
growth-positive
Wearable Devices Announces First Half 2024 Financial Results
Wearable Devices Ltd. announced significant revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations. The company reported revenues of $394 thousand for the first half of 2024, a substantial increase from $12 thousand in the same period in 2023. Key highlights include the introduction of new features for the Mudra Band, the launch of Mudra Link for Android, and collaborations with Qualcomm and a Fortune 500 consumer electronics corporation. Despite the revenue growth, the company reported a net loss of $4.2 million, up from $3.9 million in the previous year, primarily due to increased operating expenses.
CustomersPartners
growth-positive
Control Your Apple Watch Like Never Before with Wearable Devices’ Mudra Band Gesture Control Neural Wristband
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, announced an upgrade to its flagship product, the Mudra Band for the Apple Watch. This update allows users to control their Apple Watch with intuitive gestures, enhancing convenience and accessibility. The new functionality enables hands-free operation for tasks like answering calls and controlling music. The company aims to push the limits of wearable technology, making the Apple Watch experience more intuitive. The Mudra Bands gesture control features will be available in an upcoming app update.
Customers
growth-positive
Introducing the Mudra Link: Endless Possibilities at Your Fingertips – Now Available for Pre-Order!
Wearable Devices Ltd. has announced the launch of Mudra Link, a new AI-powered touchless sensing wristband that allows users to control various digital devices with simple hand gestures. The Mudra Link is compatible with multiple operating systems including iOS, Android, Windows, and macOS, expanding its usability beyond Apple devices. The wristband is designed for comfort and allows for customizable gestures. The company is offering exclusive discounts for early pre-orders. This product launch is expected to positively impact the company by attracting new customers and expanding its market reach.
Customers
growth-positive
Mudra Link by Wearable Devices: The First Neural Interface Wristband for Android Users, Now Available for Pre-Order
Wearable Devices Ltd. announced the pre-order availability of its new Mudra Link gesture control device, which expands its market reach beyond Apple to include Android, Windows, and macOS platforms. This expansion significantly increases the companys total available market by targeting new segments such as gaming, virtual and augmented reality, smart home controls, and professional productivity tools. The Mudra Link leverages advanced neural interface technology to offer intuitive hand gesture control, enhancing user experience. The company expects this product to redefine user interaction with digital devices. Pre-orders are available with exclusive discounts and early access.
Customers
growth-positive
Wearable Devices to Join OpenXR Face-to-Face Event
Wearable Devices Ltd. announced that it will showcase its Mudra Band at the OpenXR Live meetup in Seattle on September 12, 2024. As a new member of the OpenXR Working Group, Wearable Devices joins industry leaders like Meta, Google, and Microsoft to advance the AR/VR industry. The Mudra Band, an AI-powered touchless sensing wearable, allows users to interact with devices through subtle finger and wrist movements. This participation is expected to enhance the OpenXR ecosystem and drive innovation in the AR/VR space.
Partners
growth-positive
Wearable Devices' XR Team Redefines Gesture Control with Breakthrough Neural Interface Technology
Wearable Devices Ltd. has published a comprehensive report by its extended reality (XR) team, highlighting the integration of wearable and camera gesture-control technologies. The report, titled Interaction Beyond Boundaries, sets a new benchmark for gesture-control wearables, emphasizing the Mudra input wristbands capabilities. The Mudra Band offers innovative solutions that surpass current camera-based gesture control limitations. The report also showcases collaborative innovations with industry giants Qualcomm and Lenovo, demonstrating the transformative potential of Mudra technology in real-world applications. The companys Chief Technology Officer, Leeor Langer, emphasized the superiority of Mudra technology and its potential to revolutionize the wearables market.
Partners
growth-positive
Wearable Devices’ Mudra Band to Control the Apple Watch with Innovative AI Neural Gesture Technology
Wearable Devices Ltd. announced an upgrade to its Mudra Band, enhancing gesture control functionality for the Apple Watch. This new feature allows users to operate the watch using simple gestures of the same hand, improving accessibility and convenience, especially for older Apple Watch models. The Mudra Bands advanced gesture control enables users to perform tasks like pausing music and answering calls without touching the screen. This upgrade is part of Wearable Devices commitment to innovation in AI-based wearable technology. The new functionality will be available in the upcoming Mudra Band app update.
Expand
growth-positive
Wearable Devices Announces the Launch of Mudra Band on Amazon
Wearable Devices Ltd. has announced that its Mudra Band, a touchless sensing wearable that allows users to control Apple devices using hand gestures, is now available for purchase on Amazon Marketplace in the U.S. The product has already been adopted by thousands of users globally and is expected to reach a broader audience through Amazon. The companys CEO, Asher Dahan, expressed excitement over the expansion and the positive response the product has received.
CustomersExpand
growth-positive
Wearable Devices: Mudra Band Expands Apple Vision Pro Gesture Controls to All Apple Devices
Wearable Devices Ltd. has announced that its Mudra Band now supports the Apple Vision Pro (AVP). This integration allows users to extend the gesture control experience across all Apple devices. The Mudra Band uses Surface Nerve Conductance sensors to detect neural signals from the wrist, translating them into hand and finger gestures. This development is particularly beneficial for users who prefer alternative input methods. Users can easily switch between their Apple devices directly from the Mudra Band watch face. The companys CEO, Asher Dahan, expressed his pleasure at enhancing the user experience within the Apple ecosystem.
CustomersPartners
growth-positive
Wearable Devices Revolutionizes Automotive Experience with European Automaker Partnership
Wearable Devices Ltd., a tech company specializing in AI-powered touchless sensing wearables, has announced its entry into the automotive sector through a partnership with a leading European car manufacturer. The companys Mudra technology, which enables touchless control, is being showcased in a demonstration car at the manufacturers showroom. This marks Wearable Devices first venture into the automotive industry, following the European manufacturers purchase of the Mudra Development Kit. The technology is expected to enhance vehicle safety and convenience, meeting the growing demand for advanced, user-friendly interfaces in modern vehicles.
PartnersExpand
growth-positive
Wearable Devices Strengthens its Presence in the Defense Sector with New Sale to a Global Defense Company
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced that a global defense company has purchased its Mudra Development Kit (MDK) to evaluate certain deep-level capabilities. This follows a previous agreement with another defense sector leader, marking additional opportunities for Wearable Devices in the defense market. The MDK enables developers to integrate advanced gesture control functionalities into their systems, enhancing user experience and operational efficiency through intuitive, touchless interaction.
CustomersPartners
growth-positive
Wearable Devices Breaks into the Automotive Sector with Leading European Automobile Manufacturer
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced a successful proof-of-concept implementation of its touchless control technology in a demonstration car at a leading European automobile manufacturer’s showroom. This marks the companys first venture into the automotive industry. The manufacturer has purchased the Mudra Development Kit (MDK) with hardware, including several bracelets and professional services. The technology allows drivers and passengers to interact with the vehicles digital interfaces without physical touch, enhancing convenience and safety.
PartnersCustomers
growth-positive
Wearable Devices Expands its Presence in the Defense Sector with New MDK Sale to a Global Defense Company
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced that a global defense company has purchased its Mudra Development Kit (MDK) to evaluate certain deep-level capabilities. This follows a previous agreement with another defense sector leader, marking additional opportunities for Wearable Devices in the defense market. The MDK enables developers to integrate advanced gesture control functionalities into their systems, supporting the defense companys efforts to enhance user experience and operational efficiency through intuitive, touchless interaction.
PartnersExpand
growth-positive
Wearable Devices Unveils the Revolutionary Mudra LINK: The First AI Neural Interface Wristband for Android and Beyond
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced the launch of the Mudra LINK, an advanced neural wristband for any Bluetooth-enabled device. The Mudra LINK is a versatile and advanced version of the Mudra Band, designed to cater to a broader audience. Unlike its predecessor, the Mudra LINK is not limited to Apple devices, but now brings the Company’s technology to Android consumers for the first time. The Mudra LINK will be available for pre-order starting September 2024.
CustomersPartnersExpand
growth-positive
Wearable Devices Unveils Innovative ChatGPT Gestures Interaction for Apple Watch Using Mudra Band, Enhancing AI Integration
Wearable Devices Ltd. has announced a new user experience for its Mudra Band for Apple Watch, which allows users to interact with OpenAIs advanced language model, ChatGPT, directly from their Apple Watch. The new feature takes wearable technology to the next level by integrating gesture-based voice-activated AI assistants into the Apple Watch experience. Users can activate the new watch face with a simple gesture, and then speak their queries directly to their Apple Watch, leveraging the power of ChatGPT to receive instant, intelligent responses. The responses from ChatGPT are displayed directly on the Apple Watch face.
CustomersExpand
growth-positive
Fortune 500 Consumer Electronics Corporation Has Purchased an Evaluation License for Wearable Devices' MDK
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced that a Fortune 500 consumer electronics corporation has purchased a special license for its Mudra Development Kit (MDK). The MDK will enable the customers development team to integrate advanced functionalities into their upcoming products, enhancing user experience through innovative gesture control technology. The CEO of Wearable Devices, Asher Dahan, expressed excitement over the recognition of their technology by a prominent player in the consumer electronics market.
CustomersPartners
growth-positive
Wearable Devices Successfully Demonstrated First Level Integration of Mudra Technology with Qualcomm Snapdragon Spaces
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has successfully completed its first phase of integration with Qualcomms Snapdragon Spaces™, extended reality (XR) Developer Platform. This integration enhances the capabilities of XR environments and overcomes the limitations of traditional camera-based hand tracking. The collaboration is expected to revolutionize the XR industry through innovative gesture-based control. The companys Mudra Band technology enables precise gesture recognition, providing a natural and intuitive interface for XR applications.
Partners
growth-positive
Wearable Devices Shows Positive Results on Lenovo's XR Headset Using its Mudra Technology
Wearable Devices Ltd., a tech company specializing in AI-powered touchless sensing wearables, has successfully demonstrated its Mudra technology on Lenovos ThinkReality XR headset at the Augmented World Expo (AWE) 2024. The integration of Mudra technology with Lenovos headset leverages advanced neural input technology developed by Wearable Devices, providing natural and intuitive control within XR environments. The demonstration showcased various use cases, including gaming and enterprise applications. The company believes this collaboration will propel the wearable devices market forward across various industries.
PartnersCustomers
Growth-Positive
Wearable Devices Ltd. (WLDS): Did This Popular AI Penny Stock Show Excellent Growth in the Last Quarter?
Wearable Devices Ltd. (NASDAQ:WLDS), an AI penny stock, is gaining attention in the stock market due to the increasing trend of incorporating artificial intelligence technologies into core business models. The company specializes in wearables with touchless sensing capabilities powered by AI. Its product, the Mudra Band for Apple Watch, combines AI and algorithms into a wristband that enables users to communicate with linked devices without touching them. The companys partnership with Qualcomm Technologies, Inc. to enhance XR experiences using Mudra Neural Technology marks an important step in flourishing not only the company but also revolutionizing the industry. The companys financial statistics for 2023 show excellent growth, with a revenue of $82,000 representing an 82.22% year over year increase.
PartnersInvestment
growth-positive
Wearable Devices to Unveil its XR Integration with Qualcomm at AWE 2024
Wearable Devices Ltd., a tech company specializing in AI-powered touchless sensing wearables, has announced a collaboration with Qualcomm Technologies to showcase its latest capabilities in Extended Reality (XR) integration at the Augmented World Expo (AWE) 2024. The partnership aims to enhance user interaction and engagement by integrating Wearable Devices advanced neural input technology with Qualcomms XR hardware and software solutions. The collaboration is expected to lead to significant advancements in XR, providing more intuitive and immersive experiences for users.
PartnersExpand
growth-positive
Wearable Devices to Demonstrate First Phase Integration of Mudra Technology with Qualcomm Snapdragon Spaces
Wearable Devices Ltd., a tech company specializing in AI-powered touchless sensing wearables, has announced the successful completion of its first phase of integration with Qualcomms Snapdragon Spaces, an extended reality (XR) Developer Platform. This integration marks a significant step forward in transforming the XR industry through innovative gesture-based control. The companys Mudra Band technology has been integrated with the Snapdragon Spaces platform, enabling enhanced user experiences through intuitive gesture-based interactions in augmented reality (AR) and virtual reality environments.
Partners
growth-positive
Wearable Devices Announces $10 Million Standby Equity Purchase Agreement
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global, LP. The agreement allows YA II PN, Ltd. to purchase up to $10 million of the companys ordinary shares over a three-year period. The company plans to use the proceeds for working capital and other general corporate purposes. The agreement does not impose any restrictions on the companys operating activities.
Investment
growth-positive
Wearable Devices Announces $10 Million Standby Equity Purchase Agreement
Wearable Devices Ltd., an AI-powered wearable technology company, has entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global, LP. The agreement allows YA to purchase up to $10 million of Wearable Devices ordinary shares at a 3% discount over the next three years. The company has already received an initial pre-paid advance of $2 million. The funds raised will be used for working capital and other corporate purposes.
Investment
growth-positive
Wearable Devices XR Team's Report: The Mudra’s Neural Technology to Power Future XR Devices
Wearable Devices Ltd. has published a comprehensive report highlighting the advancements in wearable technology, particularly the role of its neural input wristbands in smart glasses technology. The report emphasizes the shift from traditional camera-based gesture detection to the innovative use of neural input wristbands equipped with sensors. The Mudra Band, the companys flagship product, offers immediate and unparalleled precision and accessibility for smart glasses users. The report also highlights the potential applications and future implications of the technology, including enhanced accessibility, improved user experience, and vast applications in various fields.
CustomersInvestmentExpand
growth-positive
Wearable Devices Delivered Custom Touchless Technology for a Leading Global Defense Company
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has successfully delivered a custom-made solution to a leading global defense company. This marks the completion of the third phase of a proof of concept in their ongoing collaboration. The solution supports the feasibility of integrating Wearable Devices neural gesture technology into defense-grade applications. The defense company plans to present the solution at an internal exhibition on operational technologies.
CustomersPartners
growth-positive
Wearable Devices Ltd. Secures Patent for its AI Gesture-Controlled Interface in China
Wearable Devices Ltd., a technology growth company specializing in touchless sensing wearables powered by artificial intelligence (AI), has been granted a patent by the China National Intellectual Property Administration. The patent, titled Method and Apparatus for a Gesture Controlled Interface for Wearable Devices, expands the companys intellectual property protection to the Eastern markets. The patented technology allows users to interact with their devices using pressure-based hand gestures. The company believes that the expansion of its patent portfolio will enable better collaboration with global partners.
CustomersPartnersExpand
growth-positive
Wearable Devices Invited to Present its Gesture Control Technology to Samsung's Senior Management in South Korea
Wearable Devices Ltd., an AI-powered touchless sensing wearables technology company, has been selected to present at the Samsung Global Sourcing Fair 2024. The company will showcase its innovative technology to Samsungs senior management and key global stakeholders. The companys CEO, Asher Dahan, believes that this opportunity could increase their visibility among technology leaders and open doors for potential collaborations. The company will introduce its seamless gesture technology, the Mudra Band, which allows users to control digital devices through natural finger movements.
Partners
growth-positive
Wearable Devices and Webidoo Join Forces for Mudra Band’s Retail Rollout
Wearable Devices Ltd. has announced a collaboration with Webidoo Store in Milano, Italy. The partnership will feature the Mudra Band, a device that revolutionizes interaction with Apple Watches through AI-driven, touchless technology, in Webidoo Stores offerings. Customers will have the opportunity to experience and assess the product firsthand in the store, and it will also be available through Webidoos online store. The partnership aligns with Wearable Devices vision for the Mudra Band and Webidoo Stores approach to retail, which emphasizes direct consumer engagement with technology.
PartnersCustomers
Neutral
Wearable Devices Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement
Wearable Devices Ltd., a technology growth company developing AI-powered touchless sensing wearables, has been granted an additional 180-day compliance period by Nasdaq to regain compliance with Nasdaq’s minimum bid price rule. The companys shares will continue to trade on the Nasdaq Capital Market under the symbol “WLDS.” If the closing bid price of the company’s ordinary shares is at least $1.00 per share for a minimum of 10 consecutive business days before October 21, 2024, the company will regain compliance with this Nasdaq rule.
Public Trading
growth-positive
Mudra Band Upgrades Mac Computers’ User Experience with AI Gesture Mouse Allowing Natural Effortless Navigation
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced a significant update to the Mudra Band. The update introduces a new AI gesture mouse for Mac computers, which allows users to interact with their computers in a new, innovative way. The company has also introduced enhancements to broaden the capabilities of the Mudra Band within the Apple ecosystem, including optimized Apple TV control and a comprehensive firmware update. The companys VP of Product Development, Mr. Ohad Shevily, expressed excitement about the updates and the companys commitment to refining touchless control.
CustomersExpand
growth-positive
Wearable Devices Signs Reseller Agreement to Scale its Licensing Program Reach to Enterprises in South Korea and China
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has signed a reseller agreement with WisePlus, a provider of device software solutions. The partnership aims to expand the companys licensing program in South Korea and China. WisePlus will serve as the official regional reseller of Wearable Devices Mudra Technology and its Mudra Developer Kit (MDK), a toolset designed to integrate the companys neural input technology into various industries. The partnership will leverage WisePlus market knowledge in South Korea and China, providing local access and support to enterprise customers.
PartnersExpand
growth-positive
Wearable Devices XR Team's Report: The Mudra Band Can Be the Neural Bridge for Apple and Meta in their Next Wave of Smart Glasses Interaction
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has published a report on the latest developments in the wearable technology market. The report highlights the growing appeal of the smart glasses market, accelerated by the entrance of major players such as Apple and Meta. The companys flagship product, the Mudra Band, is highlighted as a standout innovation, offering users a gesture-based control system that leverages neural input. The report also discusses the role of neural interfaces in the development of AR glasses and the potential of gesture control technology.
CustomersPartners
growth-positive
Wearable Devices Announces Full Year 2023 Financial Results and Provides Corporate Update
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced its financial results for the year ended December 31, 2023. The company has made strategic capital allocation and executed its growth strategy, including the delivery of its first manufacturing batch of the Mudra Band for Apple Watch and entering into several partnerships. The companys net loss increased due to strategic investments in sales, marketing, and research and development. The company also launched the B2B Mudra Developer Kit at the beginning of 2024 and announced collaboration agreements with Qualcomm and a leading global defense company.
CustomersPartnersInvestmentExpand
Growth-Positive
Wearable Devices Teams up with Qualcomm to Elevate Extended Reality Experience
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced a collaboration with Qualcomm Technologies. The partnership aims to transform the XR industry using Wearable Devices Mudra technology, which will be integrated into the Qualcomm Snapdragon Spaces XR Developer Platform. The technology, known for its touchless control capabilities, will enhance user experience with intuitive, gesture-based interactions. The collaboration is expected to set a new standard for immersive digital experiences.
Partners
growth-positive
Wearable Devices to Showcase Its Neural Gesture Control Technology at MWC Barcelona 2024
Wearable Devices Ltd., an AI-powered touchless sensing wearables technology company, has announced its participation at MWC Barcelona 2024. The company will demonstrate its Mudra Developer Kit for B2B partners and the Mudra Band for Apple Watch users. The Mudra Developer Kit allows original equipment manufacturers to design custom wrist and hand gestures, while the Mudra Band enables touchless control of Apple ecosystem products. The company anticipates these products to be a major driver of revenue as it continues to scale.
PartnersExpand
growth-positive
Wearable Devices' Mudra Band Chosen as Best Wearable of CES 2024 by SlashGear.com
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has been recognized as the Best Wearable device at CES 2024 by SlashGear. The companys Mudra Band, which connects to the Apple watch and allows control of multiple Apple ecosystem devices via Bluetooth, has gained global recognition. The band uses Surface Nerve Conductance sensors to capture neural signals from the wrist, binding hand and finger spatial gestures with everyday functions. This recognition strengthens the potential and impact of the Mudra Band in the evolving tech landscape and aids the companys marketing efforts.
CustomersPartners
growth-positive
Wearable Devices Signs an Agreement with Qualcomm to Collaborate in Elevating XR Experiences with Mudra Neural Technology
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced a collaboration with Qualcomm Technologies, Inc. The partnership aims to transform the XR industry by integrating Wearable Devices Mudra technology with the Qualcomm Snapdragon Spaces XR Developer Platform. This will enhance user interaction in AR and VR environments through touchless control capabilities. The collaboration is seen as a significant step towards the future of immersive digital experiences and a testament to Wearable Devices commitment to innovation in wearable technology.
Partners
growth-positive
Wearable Devices Targets Apple Vision Pro for Mudra Band Integration For Intuitive Real Object Interaction
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, is exploring compatibility between its flagship product, the Mudra Band, and the newly launched Apple Vision Pro. The Mudra Band is known for its innovative approach to device control through neural input and gesture recognition. The integration of Mudras pressure detection technology with Apple Vision Pros AR capabilities could lead to more immersive, intuitive, and practical applications across a wide range of fields. The companys CEO, Asher Dahan, expressed excitement about the potential integration and its ability to enhance user experience.
PartnersExpand
growth-positive
Wearable Devices Introduces New Revolutionary "Spatial Depth" Control in Latest Air Mouse Innovation
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced the launch of a new Air-Touch functionality. This feature allows users to use the companys Mudra Band for depth navigation, adding an extra dimension to user interactions. The new spatial depth control utilizes engineering breakthroughs in algorithms, firmware, software, and user experience research. The company unveiled the spatial depth control at CES 2024. The CEO of Wearable Devices, Asher Dahan, expressed excitement about the new era in spatial gestures technology.
CustomersExpand
growth-positive
Wearable Devices to Demonstrate Spatial Computing Interaction for Smart Glasses at SPIE AR VR MR 2024
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, announced its participation at SPIE Photonics West, a leading global conference focused on augmented, virtual, and mixed reality. The company will demonstrate new input and control functionalities available through the Mudra Band, a neural wristband to control digital devices using touchless hand gestures. The company will also present the new Mudra Development Kit (MDK) which enhances the user experience of smart glasses through spatial gesture input. The company believes its wearable solutions will enhance user engagement and satisfaction with smart glasses.
CustomersPartnersExpand
growth-positive
Wearable Devices: The Mudra Band Featured by Leading Tech Magazines, Mashable and VentureBeat
Wearable Devices Ltd. has concluded a successful exhibition at CES 2024, where its flagship product, the Mudra Band, gained significant media exposure. The Mudra Band, which allows users to interact with their Apple Watch through simple finger movements, was reviewed and featured by leading tech magazines Mashable and VentureBeat. Both publications highlighted the products user-friendly interface, seamless integration, and the convenience it brings to interacting with the Apple Watch. The Mudra Bands commercial potential was also emphasized, with its arrival coinciding with an increasing demand for wearable technology.
Customers
growth-positive
Wearable Devices to Present its Mudra Band at the 2024 CES
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, announces the commercial launch of its innovative Mudra Band at the upcoming 2024 Consumer Electronic Show (2024 CES). The Mudra Band is a watch band replacement that connects to most devices in a user’s Apple ecosystem via Bluetooth. The device uses Surface Nerve Conductance sensors to capture neural signals transmitted to the brain through a user’s wrist and finger movements, translating these movements into everyday functions for controlling Apple devices.
CustomersExpand
growth-positive
Wearable Devices Releases Mudra Developer Kit for Its Gesture Control Technology
Wearable Devices Ltd., an AI-powered touchless sensing wearables technology company, has announced the launch of the Mudra Developer Kit (MDK). The MDK is a pioneering technology in wristband neural gesture control, which interprets neural signals intended for the fingers. This technology is set to redefine human-device interaction. The MDK allows original equipment manufacturers (OEMs) to design new custom gestures and to use existing signals to monitor and analyze user behavior. The MDK is now available for value-added resellers (VARs), distributors, OEMs, and other partners.
CustomersPartners
growth-positive
Wearable Devices Signed an Agreement With Leading Global Defense Company to Design a Proof Of Concept for Touchless Technology for Defense Grade Use
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced a partnership with a leading global defense company to design a prototype for defense use cases. The collaboration will adapt Wearable Devices neural gesture technology for defense requirements, particularly in situations where silent activation is crucial. The partnership will involve extensive R&D to customize the gesture technology to meet the unique requirements of defense operations. The agreement also includes provisions for joint developed proof of concept with a focus on providing field-tested, user-friendly solutions for defense personnel.
PartnersExpand
growth-positive
Wearable Devices Ramps Up Inventory in Anticipation of its Participation at the 2024 CES Showcase
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has announced an increase in production of its Mudra Band in anticipation of high demand following its showcase at the 2024 Consumer Electronic Show (CES). The Mudra Band, compatible with Apple Watch, allows users to control their devices through finger movements. The company will be showcasing its latest innovations at the CES event in Las Vegas from January 9th to January 12th. CEO Asher Dahan stated that the companys participation underscores its role as a pioneer in wearable technology and commitment to enhancing user interaction with digital devices.
CustomersExpand
growth-positive
Wearable Devices Sets New Standard in AR/VR Era with U.S Patent Application for Innovative Touchless Technology
Wearable Devices Ltd. has filed a patent application for a touchless pinch-to-zoom technology for augmented reality (AR) and virtual reality (VR) wearables. The technology allows users to interact with AR and VR environments through natural hand and wrist movements. The company believes this will enhance the user experience, make the technology more accessible, and drive market growth. The companys CEO, Asher Dahan, stated that this is just the beginning of their journey to enrich the digital era with innovative and user-friendly solutions.
CustomersExpand
growth-positive
Wearable Tech 2.0: 3 Companies Innovating Beyond the Smartwatch
The global wearable tech market, which reached a valuation of $61.3 billion last year, is projected to hit revenue of $186.14 billion by 2030, according to Grand View Research. This has led to increased interest in smartwatch stocks such as Garmin, Vuzix, and Wearable Devices. Garmin, known for its innovative solutions for the consumer market, has seen a 33% increase in its stocks. Vuzix, a multinational technology firm, offers wearable virtual reality (VR) and augmented reality (AR) display products. Wearable Devices, a nano-capitalization play, offers a proprietary Surface Nerve Conductance (SNC) tech that translates thoughts and hand/finger motions into digital inputs.
Investment
growth-positive
Wearable Devices Expands in North America, Bringing AI-Powered Wearables to Silicon Valley
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced a strategic expansion in North America with the establishment of a new U.S. office in Redwood City, California. This move is set to amplify the companys presence and foster stronger relationships with partners in the rapidly growing wearables market. The new office positions Wearable Devices to deeply engage with the vibrant tech community and respond swiftly to the dynamic needs of North American customers. This expansion is a testament to the companys commitment to setting new standards in customer service and enhancing relations with business partners across the continent.
ExpandCustomersPartners
growth-positive
Wearable Devices Files U.S. Patent for Touchless Pinch-to-Zoom Interaction in AR Wearables
Wearable Devices Ltd., an AI-powered touchless sensing wearables company, has filed a patent application with the U.S. Patent and Trademark Office for a new technology. The technology, called pinch-to-zoom, allows for parameter adjustments using hand and wrist gestures on augmented reality (AR) and virtual reality (VR) headsets. The company believes this technology will enhance the user interface and experience, and increase the adoption rate of AR and VR headsets. The companys flagship product, the Mudra Band for Apple Watch, uses similar technology.
Investment
growth-positive
Black Friday and Cyber Monday: Get the Mudra Band for Apple Watch with Exclusive Holiday Offer!
Wearable Devices Ltd. has announced a special Black Friday and Cyber Monday offer for its Mudra Band for Apple Watch. The Mudra Band is an AI-powered accessory that connects to the Apple Watch and uses wrist neural signals to translate movement intent into digital command. The company has seen a surge in demand with thousands of preorders. The product is compatible with multiple Apple Watch models and is being celebrated by a vast community of Apple aficionados.
Customers
growth-positive
Wearable Devices Establishes U.S. Offices in Silicon Valley Expanding North American Presence
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced the establishment of a new U.S. office in Redwood City, California. The new location is expected to enhance the company’s market presence and partner relations, and usher in a significant chapter of growth and development. The company aims to set new standards in customer service and increase engagement with North American business partners. The company recently announced the delivery of the first batch of its product, the Mudra Band, to preorder customers.
ExpandPartnersCustomers
growth-positive
Wearable Devices Completes First Phase of Deployment Testing for a Leading Extended Reality Glasses OEM
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced the successful completion of the first phase of a deployment project with a leading extended reality (XR) smart glasses original equipment manufacturer (OEM). The company is currently collaborating with the OEM on customizing the user experience and interface as it relates to other solutions such as smartwatches and other wearable devices. The second phase of deployment testing is now the focus, with the goal of integrating the companys Mudra technology into the OEM’s smart glasses at a larger scale.
PartnersExpand
growth-positive
Wearable Devices Expands its Marketing and Sales Efforts with New Website Platform for the Mudra Band
Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has launched an enhanced website for its product, the Mudra Band. The website serves as a comprehensive marketing platform for the Mudra Band, providing easy access to product information, resources, and a user-friendly shopping experience. The Mudra Band is a wearable device that allows users to interact with technology through hand gestures. The company is committed to providing an accessible and informative platform for both existing and potential customers.
CustomersExpand
growth-positive
Wearable Devices Introduces AI-Based Gesture Recognition Algorithm that is Optimized for User-Inclusive Accuracy for Apple Devices
Wearable Devices Ltd., an AI-powered touchless sensing wearables tech firm, announced that its gesture recognition algorithm has passed accuracy performance testing for finger movement recognition. The AI-based system is universally compatible with leading mobile operating systems and supports TensorFlow Lite and Core ML. The companys CTO, Leeor Langer, expressed satisfaction with surpassing the 1,000-user test benchmark and is looking forward to reaching the next milestone of 10,000 users. The companys flagship product, the Mudra Band for Apple Watch, uses this technology to allow users to interact with connected devices without touching them.
CustomersExpand
growth-positive
Wearable Devices Announces Closing of $2.0 Million Underwritten Public Offering
Wearable Devices Ltd., an AI-powered touchless sensing wearables technology company, has closed a firm commitment underwritten public offering with gross proceeds of $2.0 million. The offering consisted of over 4 million ordinary shares priced at $0.45 per share. The company plans to use the proceeds for working capital and general corporate purposes. Aegis Capital Corp. acted as the sole book-running manager for the offering. The companys flagship product, the Mudra Band for Apple Watch, uses AI-based technology and algorithms to allow touchless interaction with connected devices.
InvestmentPublic Trading
growth-positive
Aegis Capital Corp. Acted as Sole Bookrunner on a $2 Million Underwritten Public Offering for Wearable Devices Ltd. (NASDAQ:WLDS)
Wearable Devices Ltd., a company developing AI-based neural input interface technology, has raised $2 million in an underwritten public offering. Aegis Capital Corp. acted as the sole bookrunner for the offering. Wearable Devices flagship product, the Mudra Band for Apple Watch, uses proprietary sensors to identify subtle finger and wrist movements, allowing users to interact with connected devices without touch. The company also offers a B2B product using the same technology, available for business licensing.
InvestmentPublic Trading
Wearable Devices regains compliance with Nasdaq (NASDAQ:WLDS)
growth-positive
Shares of Wearable Devices Ltd. triple after 'Mudra' Apple Watch band hits preorder stage
Shares of Wearable Devices Ltd. tripled in price after the company announced the availability of its flagship consumer product, the Mudra Band for Apple Watch, for preorder. The Mudra Band uses patented SNC sensors to sense biopotentials from the wrist and translate them into understandable data. It digitizes the biopotential data and transmits it to Apple devices for analysis. The article also mentions Apple Inc.s rise in share price and the premiere date of season two of the Apple TV+ series Invasion.
Customers
growth-positive
Why Is Wearable Devices (WLDS) Stock Up 250%?
Wearable Devices stock is surging after announcing preorders for its flagship product, a neural input interface system. The product, called the Mudra Band, integrates with Apples Apple Watch to enable touchless interfacing. The companys potential lies in its AI-powered motion sensing technology, which has applications beyond the Apple Watch. The stocks volatility is a reminder of the risks of speculative IPOs. Wearable Devices had a difficult journey since its IPO in September 2022, with low revenue and a net loss. However, the recent announcement that the company has been granted an additional compliance period by Nasdaq has boosted investor confidence. Despite the gain, the stock is still down 37% since its debut.
CustomersInvestmentPublic Trading
growth-positive
This New Apple Watch Band Tracks Finger Gestures To Control The Watch
Israel-based Wearable Devices has developed the Mudra Band, a strap for the Apple Watch that allows users to control the watch through finger movements. The band uses Surface Nerve Conductance (SNC) sensors to capture the neural pattern of hand nerves and AI algorithms to decipher finger movements. It connects to the Apple Watch via Bluetooth and can differentiate between intended and unintended gestures. The Mudra Band is available for pre-order on Indiegogo and is estimated to ship by December 2020.
PartnersCustomers
growth-positive
Mudra Inspire Wristband Turns Nerve Impulses Into VR and AR Action
Israel-based company Wearable Devices has developed the Mudra Inspire, a wristband that converts hand gestures and finger pressure into actions in virtual reality (VR) and augmented reality (AR) worlds. The wristband uses sensors and electrodes to read biometric signals from the wrist and sends the data to a paired device via Bluetooth. The device then runs neural network algorithms to detect and classify the hand and finger movements. The Mudra Inspire is currently available to developers and is expected to be released to the general public in mid-2019. The company aims to eliminate the need for clunky VR controllers and provide a more immersive and intuitive VR/AR experience.
Customers
Wearable Devices Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 41 |
| Team members | 4 |
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | RPA |
| Registrar ID | 515056117 |
| Crunchbase | wearable-devices-ltd |
| Creator | Shmuel Barel |
| Creator email | sam@samsprojects.co.il |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2024-02-26T00:00:00.000Z |
| Created | 2017-04-04T00:00:00.000Z |
| Status detail | Public on NASDAQ on Sep, 2022; |