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Wearable Devices Secures U.S. Patent for Groundbreaking Neural Interface Technology
Globenewswireยท 2025-08-11 12:00
Core Insights - The United States Patent and Trademark Office has granted Wearable Devices Ltd. a patent for its "Gesture and Voice-Controlled Interface Device," which protects its neural interface technology for gesture-based control and physical measurements from the wrist [1][2] - The patent includes capabilities for estimating object weight, measuring torque, and quantifying applied force, along with voice command functionalities and applications in extended reality (XR) and brain-computer interfaces [1][2] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, aiming to revolutionize human-computer interaction for both consumer and business markets [3] - The company's flagship products, such as the Mudra Band and Mudra Link, enable touch-free interaction by translating subtle finger and wrist movements into intuitive controls, enhancing experiences in gaming and XR environments [3] Strategic Importance - Securing this patent is a significant milestone for the company, reinforcing its strategic intellectual property roadmap and positioning it at the forefront of the neural interface revolution [2][5] - The innovation covered by the patent is expected to have broad applications across various sectors, including logistics, industrial workflows, and enhancing daily functionality for individuals with severe disabilities [5]
NetworkNewsAudio Announces Audio Press Release (APR) on Expanding Neural Tech Leadership in Booming AI Wearables Market
GlobeNewswire News Roomยท 2025-08-07 12:30
Core Insights - Wearable Devices Ltd. is positioned as a leading innovator in the AI-powered wearables market, which is expected to grow from $21.2 billion in 2022 to over $260 billion by 2032, driven by its proprietary neural input technology [1][2] - The company's flagship products, the Mudra Link wristband and LMM platform, facilitate intuitive, touchless control of digital devices, enhancing user interaction with AR/VR headsets, smart devices, and healthcare applications [1][3] - Recent advancements include new U.S. patents for voice and gesture-controlled interfaces and a strategic partnership with Media Exceed to expand into the Japanese market [1][2] Company Strategy - Wearable Devices is aligning its strategy to cater to both consumer and enterprise demands, with a phased product rollout and international distribution plan [2][4] - The company's neural tech platform integrates gesture-based control, ambient computing, and predictive health tracking, providing a competitive edge in the market [2][4] - Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing, the company aims to enhance user experiences in gaming, productivity, and extended reality (XR) [4] Product Offerings - The Mudra Band and Mudra Link are defining the neural input category for wrist-worn devices and brain-computer interfaces, enabling touch-free control across multiple operating systems [3][4] - The company is setting the standard for neural input in the XR ecosystem, shaping the future of user experiences in rapidly growing tech markets [4]
Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $2.4 Million in Gross Proceeds
Globenewswireยท 2025-08-06 19:43
Core Viewpoint - Wearable Devices Ltd. has entered into a warrant inducement agreement with an institutional investor for the immediate exercise of existing warrants, raising approximately $2.4 million for working capital and corporate purposes [1][2]. Group 1: Warrant Inducement Agreement - The company will allow the immediate exercise of existing warrants to purchase up to 1,661,000 ordinary shares at an exercise price of $1.45 per share, resulting in gross cash proceeds of about $2.4 million [1]. - In exchange for the immediate exercise, the investor will receive new unregistered warrants to purchase up to 3,322,000 ordinary shares at an exercise price of $1.71 per share, which will be exercisable after shareholder approval [2]. Group 2: Securities Regulation - The private placement of the new warrants will rely on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, meaning the securities cannot be offered or sold in the U.S. without an effective registration statement or applicable exemption [3]. Group 3: Company Overview - Wearable Devices Ltd. is a growth company specializing in AI-powered neural input technology, with products like the Mudra Band and Mudra Link enabling touch-free control of digital devices through gestures [5][6]. - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise collaborations, enhancing user experiences in gaming, productivity, and extended reality [6][7].
Wearable Devices Announces Development of Neural Interface for Advanced Military Tactical Systems
Globenewswireยท 2025-08-06 12:45
Core Insights - Wearable Devices Ltd. has launched a project to develop a touchless neural control system for military applications, enhancing operational efficiency and safety for soldiers [1][2] - The new system allows soldiers to interact with tactical systems using intuitive gestures, leveraging AI-driven sensors to interpret subtle movements, potentially setting a new standard for military human-machine interfaces [2][3] - The CEO of Wearable Devices emphasizes the project's potential to redefine tactical interfaces and improve soldiers' control and flexibility in modern warfare [3] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through proprietary neural interface technology [3][5] - The company's consumer products, such as the Mudra Band and Mudra Link, enable touch-free control of digital devices using gestures across various operating systems [3][4] - Operating through a dual-channel model, the company offers direct-to-consumer sales and enterprise licensing, providing advanced input solutions for immersive environments in sectors like gaming and extended reality [4][5] Market Position - By advancing neural input technology, Wearable Devices is positioning itself as a pioneer in the defense sector while also expanding its presence in consumer and enterprise markets [2][3] - The company aims to set the standard for neural input in the extended reality ecosystem, shaping user experiences in rapidly growing tech markets [5]
Wearable Devices Awarded Continuation Patent Covering Neural Gesture Interface Advancements
GlobeNewswire News Roomยท 2025-08-04 13:00
Core Viewpoint - Wearable Devices Ltd. has been granted a continuation patent that enhances its gesture recognition technology, allowing for more intuitive and touchless control in various digital ecosystems, including AR and smart devices [1][4][5]. Group 1: Patent and Technology - The newly granted patent expands the protection around the company's neural interface technologies, reinforcing its leadership in user interactions [1][4]. - The patent introduces a method to accurately extract start and end points from continuous gestures, enabling seamless control gestures without physical contact or voice triggers [3][4]. - This innovation aims to improve user experience by eliminating the need for clunky workarounds often found in traditional gesture-based systems [2][3]. Group 2: Company Vision and Market Position - The continuation patent supports the company's vision of creating a world where natural human intent seamlessly integrates with digital systems, enhancing user experiences [5]. - Wearable Devices is positioned as a pioneering growth company in human-computer interaction, leveraging AI-powered neural input technology for both consumer and business markets [6]. - The company offers products like the Mudra Band and Mudra Link, which enable touch-free interaction and are designed for the expanding AR/VR/XR markets [6].
Wearable Devices Partners with Japanese E-Commerce Platform to Expand Distribution and Market Reach for Mudra Band and Mudra Link
Globenewswireยท 2025-07-08 12:30
Core Viewpoint - Wearable Devices Ltd. has announced a collaboration with Media Exceed Co., Ltd. to expand the availability of its AI-powered touchless sensing wearables in the Japanese market, specifically the Mudra Band and Mudra Link products [1][2][3] Group 1: Collaboration Details - Media Exceed will act as a non-exclusive reseller for Wearable Devices' products, utilizing its e-commerce platform to enhance product availability in Japan [1][2] - The collaboration will support both drop shipping and wholesale models, ensuring efficient order fulfillment and localized customer support [2][4] Group 2: Product Information - The Mudra Band is designed for Apple Watch users, while the Mudra Link is compatible with Android and Windows devices, both utilizing proprietary Surface Nerve Conductance sensors to detect neural signals from finger movements [3][5] - These products enable touchless control of digital devices through intuitive commands derived from subtle gestures [3][5] Group 3: Strategic Goals - The collaboration aligns with the strategic goal of Wearable Devices to expand its global footprint and enhance product accessibility for users worldwide [3][6] - Media Exceed's CEO expressed enthusiasm for introducing Wearable Devices' innovative technology to the Japanese market, aligning with their vision of enhancing digital interactions [3][4] Group 4: Market Positioning - Wearable Devices is positioned as a pioneer in human-computer interaction through its AI-powered neural input technology, defining the neural input category for both wrist-worn devices and brain-computer interfaces [5][6] - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise collaborations, catering to both individual consumers and business partners [6][7]
Wearable Devices to Showcase Mudra Link, Its Established AI-Based Neural Wristband for Smart Glasses, at XR Fair Tokyo 2025
Globenewswireยท 2025-07-01 12:45
Company Overview - Wearable Devices Ltd. is a technology growth company specializing in AI-powered touchless sensing wearable devices [6] - The company offers products for both consumer and business markets, including the Mudra Link and Mudra Band for B2C consumers, and the Mudra Development Kit for B2B enterprises [4][6] - The flagship product, Mudra Link, is a neural input wristband that enables hands-free, gesture-based control of digital devices using neural signals [3][6] Product Highlights - Mudra Link began shipping earlier this year and is compatible with multiple platforms including Android, iOS, Windows, and macOS, as well as leading AR glasses [3] - The product has received a CES 2025 Innovation Award and has been praised for its intuitive interface and low-latency performance [3] - The Mudra Band integrates stylish design with advanced AI to empower consumers, while the enterprise solutions provide tools for immersive experiences [6] Industry Context - XR Fair Tokyo is a leading B2B exhibition focused on virtual reality, augmented reality, mixed reality, and the broader metaverse ecosystem [2] - The event serves as a platform for companies to showcase innovations across various industries, including entertainment, manufacturing, and education [2] - The growing adoption of gesture-based controls in smart glasses and face-worn devices is highlighted as a trend in the industry [5] Upcoming Events - Wearable Devices will exhibit at the Fifth XR Fair Tokyo from July 2 to July 4, 2025, at the Tokyo Big Sight convention center [1] - The company aims to showcase how Mudra enables seamless, hands-free interaction across AR use cases during this event [5]
Wearable Devices Advances AI Health Monitoring Platform as U.S. HHS Embraces Wearable Tech
Globenewswireยท 2025-06-25 12:21
Core Insights - Wearable Devices Ltd. is expanding its Large Motor Unit Action Potential Model (LMM) into new markets, including predictive health monitoring and cognitive state analytics, providing real-time physiological insights for health and wellness monitoring [1][4][5] - The expansion aligns with increasing interest in personalized wellness devices, supported by advocacy from U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr., for wearable technology in health monitoring [2][3] - The LMM technology is designed to continuously learn and adapt, transforming muscle activity signals into actionable insights, which can revolutionize preventive diagnostics and digital health tracking [4][5] Market Opportunities - The LMM platform will be made available to enterprises, researchers, and developers, enabling businesses to develop custom applications for healthcare and sports, and integrate real-time physiological insights into their solutions [5][7] - The technology aims to enhance cognitive state and performance analytics by monitoring focus, fatigue, and stress levels, thereby optimizing productivity and mental well-being [7] - Wearable Devices is positioned to accelerate commercialization and strategic partnerships across the health sector, reinforcing its role as a pioneer in bio-signal intelligence and neural interface technology [5][8] Product Overview - Wearable Devices Ltd. specializes in AI-powered neural input technology, with products like the Mudra Band and Mudra Link, which facilitate touch-free interaction through subtle movements [6][8] - The company operates a dual-channel business model, targeting both direct-to-consumer sales and enterprise licensing, aiming to redefine user experiences in the rapidly growing AR/VR/XR markets [6][8]
Wearable Devices Receives U.S. Patent for Innovative Gesture Control, Enabling Precision Interaction with Digital Devices
Globenewswireยท 2025-05-30 12:45
Core Insights - Wearable Devices Ltd. has received a continuation of its patent for a "Gesture and Voice-Controlled Interface Device," enhancing its position in the market for intuitive human-device interactions [1] - The newly allowed patent allows for the extraction of precise start and end points from continuous gestures, enabling natural control gestures like pinch-to-zoom for various applications [3] - The technology is particularly suited for augmented reality headsets and gesture-controlled smart devices, making mid-air fine control more accessible [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 [5] - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality [6] - By setting standards for neural input in the XR ecosystem, the company is influencing the future of user experiences in rapidly growing tech markets [7]
Wearable Devices Secures U.S. Patent for Continuous Gesture Control, Enabling Fine-Tuned Interaction with Digital Devices
Globenewswireยท 2025-05-22 12:32
Core Viewpoint - Wearable Devices Ltd. has received approval for a patent that enhances its neural gesture technology, enabling intuitive touchless control for various applications such as pinch-to-zoom and volume adjustment in mid-air [1][3]. Group 1: Patent and Technology - The newly allowed patent is titled "Gesture and Voice-Controlled Interface Device" and focuses on extracting precise start and end points from continuous gestures, which improves user interaction with devices [1][3]. - This technology addresses limitations of traditional gesture sensing systems that struggle to identify user intentions clearly, often leading to unintuitive solutions [2][3]. - The advancements in this patent make it suitable for augmented reality (AR) headsets and gesture-controlled smart devices, allowing for natural mid-air control [4][5]. Group 2: 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 [6][8]. - The company operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality (XR) [7][8]. - By setting standards for neural input in the XR ecosystem, the company aims to shape the future of user experiences in rapidly growing tech markets [8].