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. (Nasdaq: WLDS, WLDSW) appears frequently in technology and capital-markets news due to its focus on AI-powered neural input touchless wearables. Company press releases highlight developments around its Mudra Band and Mudra Link neural wristbands, which are described as defining a neural input category for wrist-worn devices and brain-computer interfaces. News coverage often centers on how these products enable gesture-based control of smart-glasses, screens and other digital devices.
Investors and technology followers tracking WLDS news will see updates on product features, platform support and ecosystem integrations. Recent announcements describe Mudra Link applications designed for multiple operating systems, compatibility with select smart-glasses models, customized presets for common functions, and demonstrations where Mudra Link acts as an alternative to traditional input devices. The company also reports collaborations with smart-glasses manufacturers and participation in events such as CES, where it showcases neural-click timing, gesture creation and live neural intent visualization.
WLDS news items additionally cover research, clinical pilots and financing activities. Examples include an EMG-based weight-estimation capability built on a U.S. patent, a neurorehabilitation pilot with Soroka University Medical Center focused on grip-force control, and grant support from the Israel Innovation Authority. On the corporate side, press releases and accompanying Form 6-K filings discuss registered direct offerings, warrant transactions, and distribution agreements in regions such as South Korea and other Asian markets.
For readers interested in the intersection of neural interfaces, XR and public markets, the WLDS news feed provides an ongoing record of how Wearable Devices communicates its product roadmap, partnerships and capital-raising steps. Returning to this page allows users to follow new announcements as the company furnishes additional press releases and regulatory disclosures.
Wearable Devices (Nasdaq: WLDS, WLDSW), a pioneer in AI-based gesture control technology, has welcomed Meta's entry into the neural interface sector announced at Meta Connect 2024. CEO Asher Dahan sees this as validation of the potential in neural control, a field Wearable Devices has been advancing for over a decade. The company's Mudra Band and Mudra Link devices enable hands-free digital navigation, redefining user interaction with technology.
Wearable Devices emphasizes its established position in the market, having won the 'Best of CES Innovation Award' in 2021 for the Mudra Band. While Meta presented a 'Purposeful Product Prototype' for smart glasses, Wearable Devices offers a versatile solution for controlling computers, applications, and smart glasses. The company views Meta's entry as fostering innovation and looks forward to continuing to push boundaries in the neural wearables space.
Wearable Devices announced its financial results for the six months ended June 30, 2024. The company reported revenue of $394 thousand, up from $12 thousand in the same period in 2023, primarily due to sales of its Mudra Band for Apple Watch and B2B collaborations. Despite this, the net loss increased to $4.2 million, or $(0.21) per share, from $3.9 million, or $(0.26) per share, due to higher operating expenses.
Key highlights include:
- Introduction of new features for Mudra Band, including touchless gesture control and ChatGPT integration.
- Preorders for Mudra Link, an AI neural interface wristband for Android, with a launch expected in Q1 2025.
- Expanded device support, including Apple Vision Pro.
- Collaboration with Qualcomm and integration with Snapdragon Spaces XR.
- Reseller agreements in South Korea and China, and strengthened presence in the defense sector.
Wearable Devices (Nasdaq: WLDS) has unveiled an upgrade to its Mudra Band for Apple Watch, introducing gesture control functionality. This enhancement allows for touchless, same-hand operation of the Apple Watch, enabling users to perform tasks like answering calls, checking notifications, and controlling music without touching the screen. The update aims to provide increased convenience and accessibility, especially when users' hands are occupied or during multitasking.
CEO Asher Dahan emphasized the company's mission to push the boundaries of wearable technology. The Mudra Band's new features are designed to simplify interaction, reduce physical effort, and empower on-the-go watch operation. The upgrade will be available in an upcoming Mudra Band app update, with orders now being accepted on the company's website.
Wearable Devices (Nasdaq: WLDS, WLDSW) has launched the Mudra Link, a revolutionary wristband that enables touchless control of digital devices through hand gestures. This AI-powered wearable is now compatible with iOS, Android, Windows, and macOS, expanding its reach beyond Apple devices. The Mudra Link offers:
1. Intuitive gesture control using neural interface technology
2. Cross-platform compatibility for gaming, smart home automation, and professional tasks
3. Comfortable, lightweight design for all-day wear
4. Customizable gestures for personalized app control
Pre-orders are now available at https://mudra-band.com/pages/mudra-link-main with exclusive discounts for early access.
Wearable Devices (Nasdaq: WLDS) has announced that its Mudra Link gesture control device is now available for pre-order. This revolutionary neural interface wristband expands beyond Apple to support Android, Windows, and macOS, significantly increasing the company's total available market. The Mudra Link uses advanced neural interface technology to interpret wrist gestures for controlling digital devices.
Key features include:
- Advanced neural signal decoding
- Versatile compatibility across platforms
- Ergonomic design for all-day wear
- Customizable gesture commands
Wearable Devices (Nasdaq: WLDS, WLDSW), an AI-powered touchless sensing wearables company, has announced its participation in the OpenXR Live meetup on September 12, 2024, in Seattle. Guy Wagner, the company's President and Chief Scientific Officer, will showcase the Mudra Band at the event organized by the Khronos® Group.
As a new member with voting privileges in the OpenXR™ Working Group, Wearable Devices joins tech giants like Meta, Google, and Microsoft in advancing AR/VR industry standards. OpenXR aims to simplify AR/VR software development by creating a unified standard for various hardware platforms, enabling developers to build XR applications without porting or rewriting for different devices.
Wearable Devices (Nasdaq: WLDS) has released its third comprehensive report on integrating wearable and camera gesture-control technologies. The report, titled 'Interaction Beyond Boundaries,' highlights how the company's Mudra Band neural interface wristband surpasses limitations of current camera-based gesture control systems.
Key points include:
- Enhanced user experience beyond camera-based limitations
- Collaborative innovations with Qualcomm and Lenovo
- Setting a new standard in gesture control wearables
The report analyzes how Mudra input can be tailored for various face-worn products, from screenless devices like Meta Ray-Ban smart glasses to rich display mixed reality headsets. This positions Wearable Devices as a leader in AI-powered touchless sensing wearables, potentially revolutionizing the industry.
Wearable Devices (Nasdaq: WLDS) has announced an upgrade to its Mudra Band, enhancing gesture control functionality for the Apple Watch. The new feature allows for same-hand touchless watch operation and streamlined task management, complementing existing solutions for iPhone, iPad, and other Apple products. The Mudra Band enables users to control their Apple Watch using simple gestures without touching the screen, improving accessibility and convenience.
Key features include:
- Navigation using fingertip pressure measurement for relaxed and subtle movements
- Ability to pause music, stop timers, and answer calls hands-free
- Enhanced accessibility for older Apple Watch models
- Improved usability for a broader audience
The new functionality will be available in an upcoming Mudra Band app update.
Wearable Devices (Nasdaq: WLDS) has announced the launch of its Mudra Band on Amazon Marketplace in the U.S. The Mudra Band, a gesture control wearable for Apple devices, enhances user experience through AI-powered touchless sensing technology. Key features include:
- Neural Signals Display: Real-time view of wrist nerve bundles
- Air-Touch Gesture Control: Familiar gestures for device interaction
- Toggle and Switch: Seamless control between Apple devices
- Customizable Apple Watch Face
The product is now more accessible to U.S. consumers and aims to revolutionize interaction with Apple devices. CEO Asher Dahan expressed excitement about expanding the Mudra Band's reach through Amazon Marketplace.
Wearable Devices (Nasdaq: WLDS) has announced that its Mudra Band now supports Apple Vision Pro (AVP), extending gesture control across all Apple devices. The Mudra Band uses Surface Nerve Conductance (SNC) sensors to detect neural signals from the wrist, translating them into hand and finger gestures. This integration allows users to control their Apple devices using the same gestures as those used on the AVP, enabling seamless interaction across the entire Apple ecosystem.
Users can switch between devices directly from the Mudra Band watch face, maintaining consistency in their interactions. This development is particularly beneficial for users who prefer alternative input methods, offering a way to navigate Vision OS without relying on eye movements. The Mudra Band supports simple point, click, pinch & hold gestures, similar to AVP gestures, for controlling various Apple devices and applications.