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Wearable Devices Strengthens AI Advisory Board with Former Google and Qualcomm Executives to Accelerate ai6 Labs' Vision
Globenewswire· 2026-03-16 12:45
Yokneam Illit, Israel, March 16, 2026 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced a significant expansion of its AI expert advisory board. This strategic enhancement strengthens the Company's commitment to advancing neural AI innovation through ai6 Labs. The recently launched ai6 Labs is focused on advancing the Company’s r ...
Wearable Devices .(WLDS) - 2025 Q4 - Annual Report
2026-03-12 20:24
FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 001-41502 Wearable Devices Ltd. (Exact name of registrant a ...
Wearable Devices Reports Full Year 2025 Financial Results, Highlights Revenue Growth, $24.4 Million Raised in 2025 and $18.4 Million Cash Position
Globenewswire· 2026-03-12 13:00
Core Insights - Wearable Devices Ltd. reported a revenue growth of 23.9% for the year ended December 31, 2025, driven by a 28.5% increase in sales of its Mudra Link and Mudra Band products, indicating a growing adoption of its gesture-control technology [1][6]. Financial Performance - The company achieved revenues of $647 thousand in 2025, up from $522 thousand in 2024, marking a significant transition towards a commercially driven business [6]. - Cash and deposits increased to $18.4 million at year-end 2025, compared to $4.0 million at the end of 2024, primarily due to approximately $24.4 million raised in gross proceeds from equity offerings [6][2]. - The net loss for 2025 was $(8.1 million), or $(6.53) per diluted share, compared to a net loss of $(7.9 million), or $(72.6) per diluted share in 2024 [9][15]. Business Highlights - The company successfully transitioned from a pre-order phase to a fully operational commercial model for the Mudra Link, establishing a solid baseline for its B2C products [4]. - Wearable Devices introduced the Mudra Experience Studio, aimed at providing AI-assisted development tools for XR and AI developers, enhancing accessibility for B2B opportunities [5]. - The company secured an exclusive distribution agreement in South Korea, marking a strategic entry into a key market for wearable innovation [9]. Product and Technology Innovations - The company developed advanced methods for gesture personalization using Large MUAP Models, allowing the Mudra Band to adapt to individual user signals [9]. - A significant update to the Gesture Mapper was launched, enabling users to assign personalized commands to specific gestures, enhancing the functionality of the Mudra Link [9]. Intellectual Property - Wearable Devices holds a robust intellectual property portfolio, including 12 patents, with recent grants for innovations in gesture recognition and multimodal interaction [5][9].
Wearable Devices Ltd. Announces 1-for-3 Reverse Stock Split
Globenewswire· 2026-03-06 21:05
Core Viewpoint - Wearable Devices Ltd. is implementing a one-for-three reverse share split to comply with Nasdaq's minimum bid price requirement of $1.00, ensuring continued listing on the Nasdaq Capital Market [2][3]. Group 1: Reverse Share Split Details - The reverse share split will adjust the number of issued and outstanding Ordinary Shares from 10,593,227 to approximately 3,531,076 and the number of publicly held Warrants from 98,589 to approximately 32,863 [4]. - The reverse share split was approved by shareholders on February 19, 2026, and will take effect on March 11, 2026 [3][2]. - No fractional Ordinary Shares or Warrants will be issued; fractional shares will be rounded to the nearest whole share [4]. Group 2: Compliance and Regulatory Context - The primary aim of the reverse share split is to proactively meet Nasdaq's compliance requirements, avoiding immediate delisting proceedings [2]. - Companies that have conducted a reverse split within the prior two years face stricter compliance rules, making this action critical for maintaining listing status [2]. Group 3: Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link, which enable intuitive control of digital devices [6]. - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and XR [7]. - The newly launched ai6 Labs ecosystem aims to integrate research, products, and AI breakthroughs, positioning the company as a leader in the neural input category [8].
Wearable Devices to Debut Mudra Experience Studio, Expanding Neural Input into a Scalable AI Development Platform at MWC Barcelona 2026
Globenewswire· 2026-03-02 13:00
Core Insights - Wearable Devices Ltd. is showcasing its innovative technology at MWC Barcelona 2026, including the debut of the Mudra Experience Studio, which focuses on neural input for XR and AI applications [1][2] - The Mudra Experience Studio simplifies the development of gesture experiences by utilizing Generative AI Developer Tools, enhancing deployment speed and reducing complexity [2] - The Mudra Link, a neural wristband, enables touch-free interaction across multiple platforms, enhancing user experience in various applications [3] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless technology for human-computer interaction, with products like the Mudra Band and Mudra Link leading the neural input category [5] - The company operates through a dual-channel model, offering direct-to-consumer sales and enterprise solutions, aiming to enhance experiences in gaming, productivity, and XR [6] - The newly launched ai6 Labs ecosystem integrates research and AI advancements to accelerate the development of neural input technologies [6]
Wearable Devices Invests in the Future of AI: Leverages its Strong Cash Position to Launch ai6 Labs - Bridging Intent to Digital Reality
Globenewswire· 2026-02-24 14:00
Core Insights - The company has launched ai6 Labs, a closed-loop ecosystem aimed at advancing next-generation neural AI ecosystems and accelerating key AI breakthroughs, supported by over $20 million raised in 2025 [1][4] Group 1: ai6 Labs Ecosystem - ai6 Labs integrates non-invasive Electromyography technology and Mudra innovation to create a revolutionary neural AI ecosystem, combining foundational research, commercialization, and rapid AI experimentation [2] - The ecosystem is structured around three interconnected pillars: a foundation layer generating core intellectual property (IP), commercialization of products, and an AI accelerator that fosters continuous innovation [3][7] Group 2: Company Vision and Market Position - The CEO of the company expressed excitement about pioneering ai6 Labs, emphasizing the importance of their non-invasive technology and the current market surge in AI wearable devices, indicating a significant inflection point for the industry [4] - The company aims to utilize its strengthened cash position to efficiently accelerate key AI breakthroughs, leveraging the current market environment [4] Group 3: Product Offerings and Business Model - The company specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link, which enable intuitive control of digital devices through gestures [5] - Operating through a dual-channel model, the company provides stylish, functional wearables for consumers and advanced input solutions for enterprise partners in immersive environments [6]
Wearable Devices .(WLDS) - Prospectus
2026-02-23 21:02
As filed with the U.S. Securities and Exchange Commission on February 23, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WEARABLE DEVICES LTD. (Exact name of Registrant as specified in its charter) Israel 3873 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 5 Ha-Tnufa St. Yokne'am ...
NetworkNews Audio Announces Audio Press Release (APR) Discussing Launch of New Platform Designed to Solve ‘Intent Gap' Bottleneck
Globenewswire· 2026-02-19 13:30
Core Insights - The article discusses the "intent gap" in AI systems, which is caused by traditional input devices that introduce latency and context limitations, hindering the performance of AI agents in real-world tasks [1] - Wearable Devices Ltd. is addressing this challenge through its ai6 Labs, which aims to create a neural ecosystem that decodes biological signals into machine-readable data, effectively linking human intention to AI actions [2] Company Overview - Wearable Devices Ltd. is a growth company focused on pioneering human-computer interaction with its AI-powered neural input touchless technology, including products like the Mudra Band and Mudra Link [3] - The company's technology enables touch-free control of digital devices using gestures, applicable across multiple operating systems [3] Business Model - Wearable Devices operates through a dual-channel model that includes direct-to-consumer sales and enterprise licensing, providing stylish and functional wearables for enhanced experiences in gaming, productivity, and extended reality (XR) [4] - In the enterprise sector, the company offers advanced input solutions for immersive environments, contributing to the development of seamless user experiences in rapidly growing tech markets [4]
Wearable Devices Ltd. (NASDAQ: WLDS) Launches Platform to Address Critical Gap in AI Intent Capture
Globenewswire· 2026-02-18 13:30
Core Insights - Wearable Devices Ltd. is launching ai6 Labs, a neural AI ecosystem aimed at bridging the gap between human intent and machine execution, positioning itself as a foundational provider in the autonomous AI era [3] Company Overview - Wearable Devices Ltd. specializes in human-computer interaction through AI-powered touchless technology, with products like the Mudra Band and Mudra Link that enable intuitive control of digital devices using gestures [4][5] - The company operates a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality (XR) [5] Industry Context - The evolution of AI from generative systems to agentic AI has highlighted a critical bottleneck: the need for high-fidelity, real-time input that connects human intent to machine execution [2] - The lack of precise intent capture poses challenges for autonomous systems, which struggle to operate seamlessly alongside humans [2]
Wearable Devices Announces the Mudra Experience Studio: Universal Single Codebase Neural Input Platform for XR and AI Developers
Globenewswire· 2026-02-17 13:45
Core Insights - Wearable Devices Ltd. has launched the Mudra Experience Studio, a developer platform that standardizes neural gestures for AI-assisted applications across various platforms [1][2][3] Group 1: Product and Technology - The Mudra Experience Studio offers production-ready SDKs, standardized gesture taxonomy, and OEM integration tiers, addressing the issue of gesture fragmentation across different input systems [2] - The platform enables rapid development of AI-driven spatial computing applications by combining Mudra's neural input capabilities with generative AI coding agents [3] - Applications can be created using standardized neural gestures that work seamlessly across Apple, Meta, Android XR, and desktop platforms without the need for platform-specific adaptations [4] Group 2: Market Strategy and Community Engagement - To ensure a successful rollout in 2026, the company has opened a priority waitlist for the Mudra Experience Studio, gathering demand from innovators in XR, mobile, and AI development [5] - The initial response from the developer community has been positive, indicating strong interest in the workflow advantages provided by ai6 Labs-powered neural tools [5] Group 3: Leadership and Vision - The company has appointed Mr. Ron Kaldes as Head of Growth, AI & Innovation, who brings extensive experience in consumer technology and AI strategy [6] - Mr. Kaldes emphasized that the Mudra Experience Studio leverages hardware into a developer platform, enabling a "build-once and deploy everywhere" approach, which is crucial for the next generation of XR and AI applications [7] Group 4: Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link that facilitate intuitive control of digital devices through gestures [8] - The company operates through a dual-channel model of direct-to-consumer sales and enterprise licensing, aiming to set the standard for neural input in the XR ecosystem [9]