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Wearable Devices Kicks Off High-Level Technical Roadshow in China as Global Leaders in AI Smart Glasses Accelerate Toward Neural-Band Control
Globenewswire· 2025-11-24 14:00
Yokneam Illit, Israel, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (the “Company” or “Wearable Devices”), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced that its senior management will embark this week on an intensive technical roadshow across Shenzhen, Shanghai, and Beijing, China. The roadshow follows a recent surge of inbound requests from multiple top-tier consumer-electronics manufacturers ...
Wearable Devices Unveils EMG-Based Weight Estimation Technology, Advancing Its Neural-Interface IP Into Pre-Commercial Development
Globenewswire· 2025-11-18 14:00
Core Insights - Wearable Devices Ltd. has successfully implemented a pre-commercial electromyography (EMG)-driven weight-estimation capability on its Mudra Link neural wristband, based on a recently secured patent [1][4] - This advancement is a significant step in the company's neuromuscular computing roadmap, aimed at leveraging neuromuscular signals for new capabilities across various industries [2][3] - The EMG weight-estimation capability is currently in internal testing and has potential applications in robotics, sports technology, healthcare, and extended reality (XR) [3][4] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through its proprietary neural input technology [6][8] - 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 [6][7] - The company operates through a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and XR [7][8] Technological Development - The newly demonstrated EMG weight-estimation capability is an early implementation of the patented framework for measuring weight, torque, and force from the wrist [4][5] - This technology aims to bridge physical effort and digital interaction, moving towards intuitive neural interfaces that are immersive and connected to user intent [5][6] - The company is setting standards for neural input in the XR ecosystem, shaping future user experiences in rapidly growing tech markets [8]
Wearable Devices Expands into Asia’s Tech Powerhouse: Secures Exclusive Distribution Agreement in South Korea
Globenewswire· 2025-11-07 14:00
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 and X-trodes Successfully Deliver Neural Interface System for Dynamic, Real-World Environments
Globenewswire· 2025-11-05 13:45
Core Insights - Wearable Devices Ltd. has successfully completed and delivered a neural interface system for advanced tactical systems, marking a significant achievement in collaboration with X-trodes [1][3] - The new system allows users to control tactical communication, navigation, and command systems through subtle neuromuscular activity and gestures, enhancing operational readiness [2][4] - This innovative system is designed for extreme environments and meets all operational and performance milestones, paving the way for future developments in human-machine interfaces [3][4] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through advanced neural input technology [5][7] - The company's products, such as the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures, catering to both consumer and enterprise markets [5][6] - Operating through a dual-channel model, the company provides stylish wearables for consumers and advanced input solutions for enterprise partners in immersive environments [6][7] Collaboration with X-trodes - The partnership with X-trodes combines expertise in neural sensing and AI technologies, resulting in a high-performance neural control system [4][8] - X-trodes develops flexible, medical-grade neural and bio-sensing systems, enhancing human-machine interactions in various sectors, including defense and immersive environments [8]
Wearable Devices Announces Pricing of $3.3 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-10-30 12:52
Core Viewpoint - Wearable Devices Ltd. has entered into a securities purchase agreement for the sale of 1,230,000 ordinary shares at a price of $2.67 per share, expecting gross proceeds of approximately $3.3 million, which will be used for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering is a registered direct offering priced at-the-market under Nasdaq rules, with the closing expected on or about October 31, 2025, subject to customary closing conditions [2]. - The company will also issue unregistered warrants to purchase up to 1,230,000 ordinary shares in a concurrent private placement, with an exercise price of $2.67 per share [1][4]. - Existing warrants issued to the investor in September 2025 will be amended to reduce the exercise price to $2.67 per share, subject to shareholder approval [5]. Group 2: Regulatory Compliance - The ordinary shares are being offered pursuant to a registration statement on Form F-3, which was declared effective by the SEC on October 18, 2023 [3]. - The private placement of the warrants and shares will be made in reliance on an exemption from registration under the Securities Act of 1933 [4]. Group 3: Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, with products like the Mudra Band and Mudra Link that enable intuitive control of digital devices using gestures [7][8]. - The company operates through a dual-channel model of direct-to-consumer sales and enterprise licensing, providing advanced input solutions for immersive environments [8][9].
Wearable Devices Secures Exclusive Distribution Agreement in South Korea for Its Neural Input Wristbands
Globenewswire· 2025-10-27 13:00
Core Insights - Wearable Devices Ltd. has entered into an exclusive distribution agreement with Sky Commerce Co., Ltd. to expand its presence in the South Korean market [1][4] - The agreement allows Sky Commerce to promote and sell the Mudra Band and Mudra Link products, contingent on meeting annual purchase targets [2] - This partnership aims to leverage local expertise to enhance the adoption of Wearable Devices' neural interface technology among consumers and enterprises [3] Company Overview - Wearable Devices specializes in AI-powered touchless sensing wearables, particularly the Mudra Band and Mudra Link, which enable intuitive control of digital devices through gestures [5][6] - The company operates 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] - Wearable Devices is positioned to set the standard for neural input technology in the XR ecosystem, contributing to the growth of seamless user experiences in rapidly expanding tech markets [7]
Wearable Devices Granted U.S. Patent for Realistic Gesture-Controlled Virtual Object Modulation
Globenewswire· 2025-10-15 13:00
Core Insights - Wearable Devices Ltd. has announced a new patent for a "Gesture and Voice-controlled Interface Device" that enhances user interaction by integrating simulated physical characteristics into gesture control, bridging the gap between digital actions and physical sensations [1][3][4] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through proprietary sensors and advanced AI algorithms [4][6] - The company's flagship products, the Mudra Band and Mudra Link, enable intuitive, touch-free control of digital devices using gestures across various operating systems [4][5] Technological Innovation - The newly patented technology allows users' gestures to not only trigger actions but also simulate physical properties like weight and texture, enhancing the realism of virtual interactions [2][3] - This innovation aims to significantly improve user experience in virtual reality (VR) and augmented reality (AR) by providing a higher level of tactile realism when manipulating virtual objects [3][5] Market Positioning - Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing, the company targets both individual consumers and business partners, offering advanced input solutions for immersive environments [5][6] - By setting standards for neural input in the XR ecosystem, Wearable Devices is positioned to shape the future of user experiences in rapidly growing tech markets [6]
Wearable Devices Ltd. (NASDAQ: WLDS) Emerging as Leader in Bringing AI-Powered Wearables to Market
Globenewswire· 2025-09-18 12:30
Core Insights - Wearable Devices Ltd. is positioned as a leader in the rapidly growing market for AI-enabled, touch-free wearables, responding to user demand for more intuitive device interaction [2][3][4] - The company's flagship products, the Mudra Band and Mudra Link, utilize proprietary neural input technology to enable gesture-based control across various platforms [3][4] - The market for neural interfaces is expanding as sectors like extended reality (ER) and augmented reality (AR) increasingly adopt gesture-based systems, indicating a shift in human-technology interaction [2][5] Company Overview - Wearable Devices Ltd. specializes in human-computer interaction through AI-powered neural input technology, offering products that allow touch-free control of digital devices [4][5] - The company operates a dual-channel model, focusing on direct-to-consumer sales and enterprise collaborations, enhancing user experiences in gaming, productivity, and extended reality [5] - The Mudra Band serves as an accessory for Apple Watch, while the Mudra Link provides cross-platform interaction, showcasing the company's commitment to seamless user experiences [3][4]
Wearable Devices Ltd. (NASDAQ: WLDS) Positioned at Forefront of Wearable Sector Transformation
Globenewswire· 2025-09-16 12:30
Company Overview - Wearable Devices Ltd. is a growth company specializing in AI-powered, touchless sensing wearables, focusing on human-computer interaction through proprietary sensors, software, and advanced AI algorithms [4][5] - The company has introduced two flagship products: the Mudra Band, designed for the Apple Watch, and the Mudra Link, a versatile platform for gesture-based input across ecosystems [3][4] Industry Trends - There is a growing global demand for AI-driven, touchless wearable technologies as consumers seek more natural and intuitive ways to interact with devices, moving away from traditional touch screens and voice assistants [2] - The market for neural interfaces is rapidly expanding as various industries, including consumer electronics and augmented reality, adopt gesture-based control solutions [2] Product and Market Positioning - Wearable Devices Ltd. is positioned at the forefront of the transformation in wearable technology, defining the neural input category for wrist-worn devices and brain-computer interfaces [4] - The company operates through a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality (XR) [5]
This Penny Stock Is Soaring on a Wearables Patent Win. Should You Buy Its Shares Now?
Yahoo Finance· 2025-09-11 14:36
Core Insights - Wearable Devices (WLDS) shares surged over 300% after securing a new U.S. patent for an AI-enabled "gesture and voice-controlled interface device" [1] - The patent enhances the company's innovation strategy and strengthens its intellectual property position in the neural interface market [3] - The device aims to provide a more intuitive and secure user experience, targeting sectors like XR, smartphones, and laptops [3] Financial Performance - For the first half of 2025, Wearable Devices reported revenue of $294,000 and net losses of $3.7 million [6] - The company is still in the early stages of commercializing its Mudra product line, which shows potential but has not yet achieved significant market traction [6] Market Position and Potential - The new patent could lead to licensing deals, enterprise partnerships, and interest from original equipment manufacturers (OEMs) [4] - The patent complements existing products like the Mudra Band and Mudra Link, reinforcing the company's leadership in touchless control technology [4] - The stock's recent performance may be driven more by market hype than by solid fundamentals, raising concerns about its sustainability without consistent revenue growth [7]