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Wearable Devices Receives Approval for $750,000 Budget for Neurorehabilitation Pilot with Soroka Medical Center
Globenewswire· 2025-12-11 14:00
The non-dilutive grant for the program was provided by the Israel Innovation Authority YOKNEAM ILLIT, ISRAEL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in AI-powered touchless sensing wearables, today announced it has received a grant approval from the Israel Innovation Authority (“IIA”) for a total budget of $750,000 to finance a clinical pilot program in partnership with Soroka University Me ...
EssilorLuxottica joins forces with Fondazione Chips-IT to accelerate the future of smart eyewear
Globenewswire· 2025-12-10 17:15
Core Insights - EssilorLuxottica is collaborating with Fondazione Chips-IT to enhance its leadership in smart eyewear through advanced chip development [2][3] - The partnership aims to leverage open-source hardware to accelerate research and development in ultra-low-power electronics and wearable computing [3][4] Company Overview - EssilorLuxottica has invested significantly in platforms and technologies to create foundational components for smart eyewear, focusing on seamless user experiences [4] - The company is committed to reimagining the electronics in smart eyewear to meet industry-specific needs [4] Industry Context - Fondazione Chips-IT is a key player in the Italian semiconductor ecosystem, focusing on integrated circuit design and fostering collaborations to enhance global competitiveness [5] - The foundation's mission includes optimizing electronic design automation workflows and exploring next-generation chip architectures [5]
AI wearable company Limitless says it has been acquired by Meta
CNBC· 2025-12-05 19:43
Core Insights - Meta has acquired AI wearable startup Limitless, which specializes in an AI-powered pendant capable of recording conversations and generating summaries [1][2] - Limitless CEO Dan Siroker emphasized the alignment of their vision with Meta's goal of creating AI-enabled wearables for personal superintelligence [2] Company Developments - The acquisition was announced by Limitless on a corporate blog, although financial terms of the deal were not disclosed [2] - Meta's recent initiatives indicate a strong focus on integrating AI technologies into their product offerings, particularly in the wearable sector [3]
Vitalist Secures Facer for VitalOS
Thenewswire· 2025-12-05 12:30
   CALGARY, AB, CANADA – TheNewswire - December 5, 2025 – Vitalist Inc. (TSX-V: VITA; OTCQB: VTLSF) (“Vitalist” or the “Company”), the developer of the VitalOS™ operating system, is partnering with Facer - a leading watch face platform, to bring over 500,000 watch faces from some of the best brands and independent designers in the world to VitalOS smartwatches. Facer is the first key building block in what will be a vibrant ecosystem of 3rd party VitalOS watch apps for Vitalist. The three-year partnership ...
Meta scales back metaverse spending following reports of cutting budget by up to 30%
Fox Business· 2025-12-05 02:28
Core Viewpoint - Meta is shifting its focus from metaverse projects to AI-powered glasses and wearable technology, indicating a strategic pivot in resource allocation [1][2][5]. Group 1: Strategic Shift - Meta plans to reduce investment in its metaverse division, Reality Labs, by reallocating resources towards AI glasses and wearables due to positive momentum in that area [2][5]. - Reports suggest that Meta could cut as much as 30% from its metaverse group as part of its 2026 budget planning, potentially leading to layoffs as early as January [5]. Group 2: Financial Impact - Investors reacted positively to the news, with Meta's shares increasing by 4%, reflecting relief over the company's decision to scale back on its costly metaverse initiatives, which have incurred losses exceeding $60 billion [5]. - The company has committed up to $65 billion in capital expenditures for the year, while the broader tech industry is expected to invest around $400 billion in AI by 2025 [10]. Group 3: Market Position - Meta has encountered difficulties in promoting its immersive metaverse vision beyond the gaming community, but has seen early success with its smart glasses, prompting the resource shift [8]. - Competitors like Google, Apple, and Snap have struggled to convert their initial products into commercially viable offerings, highlighting Meta's potential advantage in the wearable tech segment [8].
Vitalist and MicroEJ Announce New Reebok Smartwatch Powered by VitalOS™
Globenewswire· 2025-12-02 12:30
VitalOS™ provides a software platform designed to support efficient development of connected wearablesBOSTON and CALGARY, Alberta, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Vitalist Inc. (TSX-V: VITA.V; OTCQB: VTLSF) and MicroEJ today announced the launch of the first Reebok smartwatch powered by VitalOS™, marking the public debut of an operating system designed to support consumer brands entering the wearable market. With Reebok as the first commercial implementation, VitalOS™ illustrates the platform’s capabiliti ...
JLT Mobile Computers and MākuSafe® Announce Strategic Partnership to Advance Connected Worker and Forklift Safety Solutions
Globenewswire· 2025-12-01 14:00
Växjö, Sweden, December 1, 2025 * * * JLT Mobile Computers,, a leading provider of high-performance rugged mobile computing solutions for demanding industrial environments, and MākuSafe®, a prominent connected-worker wearable and safety data analytics platform, today announced a strategic partnership in the USA. The collaboration is set to deliver a powerful, integrated solution that enhances worker safety, improves operational efficiency, and accelerates digital transformation across various industrial se ...
Vuzix Lands Million-Dollar Smart Glasses Deal With Global Retailer - Vuzix (NASDAQ:VUZI)
Benzinga· 2025-11-28 14:56
Core Insights - Vuzix Corporation has seen an increase in enterprise demand for its smart glasses, specifically the M400 model, with recent shipments valued at nearly $1 million to a major online retailer [1][3] - The client has expanded its deployment of Vuzix smart glasses across the U.S. and Canada after successful implementations in Europe, indicating a shift towards commercial scale operations [2][3] - The M400 glasses enhance operational efficiency by supporting remote maintenance, faster repairs, and safer logistics workflows, which have led to productivity improvements and better safety outcomes for the client [3][4] Company Developments - Vuzix has formed a strategic partnership with BUNDLAR to facilitate the creation of augmented reality content for enterprises and government agencies, allowing for easier content deployment to Vuzix devices [5] - The company's stock price increased by 6.82%, reaching $2.540 in premarket trading following the announcement of new enterprise demand [5]
Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $5.68 Million in Gross Proceeds
Globenewswire· 2025-11-28 13:00
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 $5.68 million for working capital and corporate purposes [1][3]. Group 1: Warrant Inducement Agreement - The company will allow the immediate exercise of existing warrants to purchase up to 3,322,000 ordinary shares at an exercise price of $1.71 per share [1]. - In exchange for the immediate exercise, the company will issue new unregistered warrants to the investor to purchase up to 5,813,500 ordinary shares at an exercise price of $1.86 per share [3]. - The closing of this transaction is expected around December 1, 2025, pending customary closing conditions [3]. Group 2: Financial Advisor and Regulatory Compliance - A.G.P./Alliance Global Partners is acting as the exclusive financial advisor for this warrant inducement transaction [2]. - 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 [4]. Group 3: Company Overview - Wearable Devices Ltd. is a pioneer in AI-powered wearable gesture control technology, focusing on human-computer interaction through its products like the Mudra Band and Mudra Link [6][8]. - The company operates a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality [7].
Vuzix: OEM Traction And Defense Momentum Grow, But I'm Staying On Hold
Seeking Alpha· 2025-11-28 09:28
Core Insights - Vuzix Corporation (VUZI) is making significant progress in waveguides and OEM supply, indicating a clear understanding of its market opportunities [1] Company Analysis - The latest earnings report and management discussions suggest that Vuzix is strategically positioning itself to capitalize on its strengths in technology [1] - The company is focusing on pairing strong fundamentals with real potential in the tech, infrastructure, and internet services sectors [1] Market Perspective - The analysis emphasizes the importance of long-term investment strategies over short-term market fluctuations, appealing to investors interested in sustainable growth [1]