Welcome to our dedicated page for Wearable Devices Ltd. news (Ticker: WLDS), a resource for investors and traders seeking the latest updates and insights on Wearable Devices Ltd. stock.
Wearable Devices Ltd. (WLDS) delivers cutting-edge neural interface technology that transforms subtle gestures into digital commands. This dedicated news hub provides investors and technology professionals with essential updates on the company’s advancements in AI-powered wearable solutions.
Access authoritative information about WLDS’s product developments, strategic partnerships, and financial milestones. Our curated collection includes press releases on gesture control innovations, extended reality (XR) integrations, and enterprise licensing agreements – all vital for understanding the company’s market trajectory.
Key updates cover emerging applications in AR/VR ecosystems, sensor technology enhancements, and cross-platform compatibility developments. Users will find detailed reporting on WLDS’s dual-channel strategy serving both consumer electronics markets and B2B technology integrations.
Bookmark this page for real-time access to verified updates about neural input advancements and industry recognition. Check regularly to stay informed about Wearable Devices’ role in shaping the future of touchless digital interaction.
Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announced its participation as a gold sponsor at the tinyML Summit 2023, held from March 27-29 in Burlingame, California. The Company will showcase its AI-based neural input technology, which enables touchless control of digital devices through subtle finger movements using their Mudra Band. Attendees can experience the technology's multi-device functionality within the Apple ecosystem. Co-Founder Leeor Langer emphasized the potential applications of their technology in the AI and hardware sectors, encouraging attendees to learn more about Mudra's capabilities.
Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) reported a net loss of $(6,496,000) or $(0.53) per diluted share for 2022, up from $(2,614,000) or $(0.27) in 2021. The company’s cash balance increased significantly to $10.4 million. CEO Asher Dahan highlighted ongoing strategic investments in research and development, positioning the firm to capitalize on B2B and B2C opportunities, notably with the Mudra Inspire and Mudra Band products. The company formed a strategic partnership with a Fortune 500 company for embedded technology integration and secured a $900,000 grant from the Israel Innovation Authority for further development efforts.
Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) has announced its participation at the Mobile World Congress (MWC) in Barcelona from February 27 to March 2, 2023. The company will showcase its Mudra Band, which enables touchless control of Apple products, and introduce the new Mudra Air-Touch functionality for seamless transitions between connected devices like iPhones and smart glasses. The advanced AI-based technology aims to enhance user interaction with digital devices. Industry representatives are encouraged to schedule meetings for demonstrations during the event.
Wearable Devices Ltd. (WLDS, WLDSW) announced the filing of a patent application with the U.S. Patent and Trademark Office and the Patent Cooperation Treaty for a technology that enhances interaction between physical and digital realms. This innovation employs Artificial Intelligence and a Multimodal Sensing Interface to improve Human-Computer Interaction (HCI), aiming to set a new standard for the Metaverse. The technology captures complex hand movements and muscle force, enabling users to control digital devices intuitively. The company continues to focus on developing its Mudra platform, which allows for touchless interaction through subtle finger movements.
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