Wearable Devices Ltd

Wearable Devices Ltd. engages in the development of a non-invasive neural input technology that allows operation and control of digital devices using subtle finger movements and fingertip pressure. It offers Mudra band, a neutral input wristband. The company was founded by Asher Dahan, Guy Wagner, and Leeor Langer in March 2014 and is headquartered in Yokne'am Illit, Israel.

Earnings data Q4 2023

Yokneam Illit, Israel, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced that it has closed its registered direct offering and concurrent private placement, announced on November 26, 2024, for the issuance and sale of 822,000 ordinary shares (or ordinary share equivalents) in a registered direct offering and warrants to purchase up to 822,000 of its ordinary shares in concurrent private placement at a combined purchase price of $2.25 per ordinary share. The warrants issued pursuant to the concurrent private placement have an exercise price of $2.50 per ordinary share, are immediately exercisable and expire five years following the date of issuance.

Wearable Devices Ltd. Announces Closing of $1.85 Million Registered Direct Offering and Concurrent Private Placement

Yokneam Illit, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, introduces the groundbreaking Neural Wristband category with its Mudra Band and Mudra Link. These innovative devices use proprietary Surface Nerve Conductance (“SNC”) technology to detect neural signals and wrist movements, allowing users to control digital devices through intuitive gestures. As the demand for face-worn devices is rising and with new product announcements by Meta and Snap, among other brands and devices, a neural wristband provides hands-free control through natural gestures, enhancing immersion and user satisfaction.

Wearable Devices Redefines the Neural Wristband Category with SNC Technology for XR Interaction

YOKNEAM ILLIT, ISRAEL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, announces an innovative collaboration with TCL-RayNeo™ (“RayNeo”), a leader in augmented reality (“AR”) technology, aiming at bringing mass-market neural interface wristband for AR glasses to life now.

Wearable Devices and TCL's RayNeo Join Forces to Bring the Future of Neural Controller Wristband to AR Glasses Market Significantly Ahead of Meta

YOKNEAM ILLIT, ISRAEL, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced that it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.

Wearable Devices Regains Compliance with Nasdaq Minimum Bid Price Rule

Yokneam Ilit, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the release of a landmark white paper titled, “Elevating AR Glasses User Experience with Gesture Control and Neural Wristband.” The white paper provides an in-depth and definitive analysis of emerging trends in gesture control technology, comparing camera-based solutions with wearable neural interfaces that present a clear case for the future of seamless, wrist-worn input control.

Wearable Devices Unveils Foundational White Paper on the Future of Gesture Control and Neural Interfaces

YOKNEAM ILLIT, ISRAEL, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announces the collaboration with RayNeo™ (“RayNeo”), a leader in augmented reality (AR) technology, to collaborate in delivering mass production level solution of next-generation neural interface AR glasses.

Wearable Devices and RayNeo Collaborate to Lead the Industry of Neural Control for AR Glasses

YOKNEAM ILLIT, ISRAEL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced the official launch of its Mudra Band on Walmart.com (“Walmart”). This exciting development brings the Company's innovative neural-based gesture control technology to one of the largest retail platforms in the world, making it more accessible to millions of Apple users in the United States.

Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology

The new patent application, filed as part of the Patent Cooperation Treaty (PCT) national stage, aims to protect the Company's global patent portfolio in the Asian markets

Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South Korea

Yokneam Ilit, Israel, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in AI-based gesture control technology, today applauded Meta's entrance into the gesture control space with its announcement at Meta Connect 2024.

Wearable Devices Boldly Welcomes Meta's Neural Control Entry to the AR/VR/XR Market

Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations

Wearable Devices Announces First Half 2024 Financial Results

YOKNEAM ILLIT, ISRAEL, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, is thrilled to unveil the newest upgrade to its flagship product, the Mudra Band for the Apple Watch. Imagine hands-free control with just a gesture! The enhanced functionality of the Mudra Band enables seamless, same-hand, touchless watch operation, providing unmatched convenience and accessibility for all Apple Watch users.

Control Your Apple Watch Like Never Before with Wearable Devices' Mudra Band Gesture Control Neural Wristband

Secure your exclusive discount for early access to the Mudra Link

Introducing the Mudra Link: Endless Possibilities at Your Fingertips – Now Available for Pre-Order!

Company to showcase the Mudra Band and drive progress in OpenXR Landscape with industry leaders YOKNEAM ILLIT, ISRAEL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd.

Wearable Devices to Join OpenXR Face-to-Face Event

The report shows how combining gesture control cameras with neural wearable interfaces surpasses line-of-sight and field-of-view limits—highlighting applications with Meta Ray-Ban and Lenovo ThinkReality glasses

Wearable Devices' XR Team Redefines Gesture Control with Breakthrough Neural Interface Technology

Wearable Devices to expand Mudra Band capabilities to include same-hand touchless watch operation and streamlined task management, complementing its existing solutions for iPhone, iPad, and other Apple products

Wearable Devices' Mudra Band to Control the Apple Watch with Innovative AI Neural Gesture Technology

The Mudra Band for Apple devices is now available for purchase at Amazon Marketplace in the U.S. YOKNEAM ILLIT, ISRAEL, Aug. 20, 2024 (GLOBE NEWSWIRE) -- August 20, 2024 — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, is excited to announce that its flagship consumer product, the Mudra Band, is now available for purchase on Amazon Marketplace.

Wearable Devices Announces the Launch of Mudra Band on Amazon

Mudra Band users can switch from the iPad to the Mac to Apple TV, hop from gaming to video streaming and between their favorite applications using simple gestures , which are similar to the AVP gestures

Wearable Devices: Mudra Band Expands Apple Vision Pro Gesture Controls to All Apple Devices

This purchase marks growing interest in Wearable Devices in the defense market, following its previous agreement with another defense sector leader

Wearable Devices Strengthens its Presence in the Defense Sector with New Sale to a Global Defense Company

Wearable Devices' Technology to Be Showcased in a Demonstration Car at the European Manufacturer's Showroom YOKNEAM ILLIT, ISRAEL, July 29, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced a successful proof-of-concept implementation of its touchless control technology in a demonstration car at leading European automobile manufacturer's showroom.

Wearable Devices Breaks into the Automotive Sector with Leading European Automobile Manufacturer

This purchase marks growing interest in Wearable Devices in the defense market, following its previous agreement with another defense sector leader This purchase marks growing interest in Wearable Devices in the defense market, following its previous agreement with another defense sector leader

Wearable Devices Expands its Presence in the Defense Sector with New MDK Sale to a Global Defense Company

YOKNEAM ILLIT, ISRAEL, July 16, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, announced the launch of their latest breakthrough in neural gesture-control technology: the Mudra LINK. This AI-powered neural wristband for any Bluetooth-enabled device promises to redefine how users interact with their digital devices, offering unparalleled functionality and compatibility.

Wearable Devices Unveils the Revolutionary Mudra LINK: The First AI Neural Interface Wristband for Android and Beyond

The companies will explore together with the Fortune 500 company's AI division different use cases of Mudra neural AI controller

Fortune 500 Consumer Electronics Corporation Has Purchased an Evaluation License for Wearable Devices' MDK

The Integration solves major camera-based hand tracking limitations such as accuracy, power and field of view , which are critical for mass adoption of Augmented and Virtual Reality

Wearable Devices Successfully Demonstrated First Level Integration of Mudra Technology with Qualcomm Snapdragon Spaces

The demonstration was presented for the first time to a large and diverse audience at the Augmented World Expo (AWE) 2024, showcasing cutting-edge integration and innovation in extended reality

Wearable Devices Shows Positive Results on Lenovo's XR Headset Using its Mudra Technology

Attendees of AWE 2024 can book appointments to experience a live demonstration of the integrated technology at the Qualcomm AWE booth

News for Wearable Devices Ltd Stock (WLDS)