Welcome to our dedicated page for Wearable Devices news (Ticker: WLDSW), a resource for investors and traders seeking the latest updates and insights on Wearable Devices stock.
Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a technology growth company focused on AI-powered neural input touchless technology for smart wearables, smart-glasses, and extended reality (XR) environments. The WLDSW news feed on Stock Titan aggregates company announcements, press releases, and regulatory updates that highlight how its Mudra Band and Mudra Link neural wristbands are being developed, commercialized, and integrated into broader ecosystems.
In its public news, Wearable Devices regularly details product updates, such as new features for the Mudra Link application, customized presets for smart-glasses, and expanded platform support including Android and desktop operating systems. The company also reports on ecosystem collaborations, for example partnerships with AI and AR glasses manufacturers to enable wrist-based gesture control and consumer bundles designed for touch-free interaction.
Investors and followers can also see announcements about research and development milestones, including EMG-based weight-estimation capabilities and patents covering neural gesture interfaces and voice-and-gesture control technologies. Additional news covers geographic expansion and distribution agreements in markets with strong consumer-electronics industries, as well as clinical pilots that explore neurorehabilitation use cases for the Mudra Link neural wristband.
Financial and capital-markets items, such as registered direct offerings, warrant inducement transactions, and other financing activities disclosed via press releases and Form 6-K filings, are also reflected in the company’s news flow. For users tracking WLDSW, this page offers a single place to review how Wearable Devices communicates its progress in neural input wearables, XR interaction, and corporate financing. Bookmark this feed to quickly access the latest officially released information and historical announcements about Wearable Devices Ltd.
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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.
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