Core Insights - Wearable Devices Ltd. has entered into an exclusive distribution agreement with Sky Commerce Co., Ltd. to distribute its Mudra Band and Mudra Link neural input wristbands in South Korea, a significant market for wearable technology [1][4] - The partnership aims to leverage local expertise to enhance the adoption of the company's AI-powered touchless sensing wearables among consumers and enterprises [3][4] - This agreement is part of the company's broader strategy to expand its global footprint, following a similar agreement in Japan, and is expected to drive new revenue streams in Asia [4][5] Company Overview - Wearable Devices Ltd. specializes in AI-powered neural input technology, offering products that enable touch-free control of digital devices through gestures [5][6] - The company operates through a dual-channel model, focusing on both direct-to-consumer sales and enterprise collaborations, enhancing user experiences in various sectors including gaming and XR [6][7] - The Mudra Band and Mudra Link are positioned to set the standard for neural input in the XR ecosystem, contributing to the evolution of user experiences in rapidly growing tech markets [7]
Wearable Devices Expands into Asia’s Tech Powerhouse: Secures Exclusive Distribution Agreement in South Korea