Wearable Devices Receives Approval for $750,000 Budget for Neurorehabilitation Pilot with Soroka Medical Center

Core Insights - Wearable Devices Ltd. has received a grant of $750,000 from the Israel Innovation Authority to fund a clinical pilot program in collaboration with Soroka University Medical Center [1][2] - The pilot program aims to validate the Mudra Link neural wristband as a rehabilitation tool for patients with impaired grip-force control due to motor-cortex brain injuries [2][3] - The Mudra platform is positioned to provide cost-effective therapy that can be performed at home with minimal supervision, potentially establishing it as the standard of care in grip-force neurorehabilitation [3] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through its proprietary technology [4][6] - The company's products, including the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures, catering to both consumer and enterprise markets [5][6] - The company operates a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality [5]