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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]
Wearable Devices Announces Pricing of $4 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-09-11 12:00
Core Points - Wearable Devices Ltd. has entered into a securities purchase agreement with an institutional investor to sell 1,000,000 ordinary shares at a price of $4.00 per share, expecting gross proceeds of approximately $4 million [1][2] - In addition to the share offering, the company will issue unregistered warrants to purchase up to 1,000,000 ordinary shares at the same exercise price of $4.00, which will be exercisable immediately and expire five years after the initial exercise date [1][4] - The net proceeds from the offering will be used for working capital and general corporate purposes [2] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through its proprietary technology [6][8] - The company's products, including the Mudra Band and Mudra Link, enable touch-free control of digital devices using gestures, targeting 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 extended reality (XR) environments [7][8]
Wearable Devices Secures U.S. Patent for Breakthrough Voice and Gesture Control Technology, Enhancing Leadership in AI Wearables Market
Globenewswire· 2025-09-10 13:00
Core Viewpoint - Wearable Devices Ltd. has been granted a significant patent for a "Gesture and Voice-Controlled Interface Device," which integrates gesture recognition and voice control with biometric authentication, positioning the company to capture market share in high-growth segments like consumer electronics and enterprise applications [1][2][5]. Group 1: Patent and Technology - The newly granted patent enables a more natural and intuitive interaction with smart devices, combining voice commands and gestures for a fluid user experience [2][3]. - The system allows users to issue voice commands for high-level tasks and use gestures for precise adjustments, enhancing the overall interaction [3]. - An optional layer of biometric authentication using unique neural and voice signatures adds a significant security advantage over traditional voice-only systems [4]. Group 2: Company Strategy and Market Position - The integration of gesture recognition and biometric verification is expected to redefine human-machine interaction, making it more intuitive, personalized, and secure [5]. - The patent complements the company's growing intellectual property portfolio, which includes multiple patents for bio-potential sensors aimed at next-generation human-machine interfaces [5]. - Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing, the company aims to empower consumers and enterprise partners with advanced input solutions for immersive environments [7]. Group 3: Product Offerings - Wearable Devices is pioneering human-computer interaction with its AI-powered neural input technology, exemplified by products like the Mudra Band and Mudra Link, which enable touch-free control of digital devices [6]. - The company's products are designed for various applications, including gaming, productivity, and extended reality (XR), setting a standard for neural input in the XR ecosystem [8].
Wearable Devices Collaborates with Leading Japanese E-Commerce Platform to Expand Mudra Wearable Devices in Tech-Savvy Market
GlobeNewswire News Room· 2025-08-20 13:00
Core Insights - Wearable Devices Ltd. has announced a collaboration with Media Exceed Co., Ltd. to enhance the availability of its Mudra wearable devices in Japan, leveraging Media Exceed's e-commerce platform [1][2][3] Group 1: Collaboration Details - Media Exceed will act as a non-exclusive reseller for the Mudra Band and Mudra Link, which utilize neural sensors for touchless control of digital devices [1][2] - The collaboration supports both drop shipping and wholesale models, ensuring efficient order fulfillment and localized customer support for Japanese consumers [2][4] Group 2: Product Features - The Mudra Band is designed for Apple Watch users, while the Mudra Link is compatible with Android and Windows devices, both using proprietary Surface Nerve Conductance sensors to detect neural signals from finger movements [3][5] - The Mudra Link received an Innovation Award in the XR Technologies and Accessories category at CES® 2025, highlighting its advanced technology [3] Group 3: Market Strategy - The collaboration aims to accelerate global growth for Wearable Devices by tapping into Japan's tech-savvy consumer base, aligning with the company's mission to revolutionize human-computer interaction [3][6] - Wearable Devices operates through a dual-channel model, focusing on direct-to-consumer sales and enterprise licensing, enhancing user experiences in various sectors including gaming and extended reality [6][7]
NetworkNewsAudio Announces Audio Press Release (APR) on Expanding Neural Tech Leadership in Booming AI Wearables Market
GlobeNewswire News Room· 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
Globenewswire· 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
Globenewswire· 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 Room· 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].