Wearable Devices Debuts Mudra Licensing, A New Program For Businesses; Licensing Program Enables Leading Manufacturers To Customize Mudra Technology Touchless Control For Their Own Products
Portfolio Pulse from Happy Mohamed
Wearable Devices Ltd. (NASDAQ:WLDS) has launched a licensing program for its Mudra gesture technology. The program allows original equipment manufacturers to customize the company's technology to meet their specific needs. The move is expected to significantly expand the company's addressable market by enabling businesses to develop their own co-branded touchless control products.
July 21, 2023 | 12:19 pm
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Wearable Devices Ltd.'s launch of a licensing program for its Mudra gesture technology could significantly expand its market reach. This move could potentially increase the company's revenues in the future.
The launch of the licensing program allows other businesses to use and customize Wearable Devices' technology, potentially leading to increased usage and adoption of their technology. This could result in increased revenues for the company, thus potentially boosting its stock price.
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