Streetbeat News

WLDS

Wearable Devices Ltd.

https://wearabledevices.co.il

Industry

Consumer Electronics

Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company offers Mudra Inspire development kits that enables users to control digital devices through finger movements and hand gestures. These digital devices include consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal computers and laptop computers, drones, robots, etc. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, and academia and research universities, as well as consumers from B2C market. The company was incorporated in 2014 and is based in Yokneam Illit, Israel.

Open

2.48

Mkt cap

2.7M

Volume

71K

High

2.49

P/E Ratio

-0.26

52-wk high

16.00

Low

2.15

Div yield

N/A

52-wk low

2.15

Aehr Test Systems (NASDAQ:AEHR) shares dropped by 15% in pre-market trading due to the company's revised full-year revenue guidance, citing expected delays in new orders. Other stocks also experienced significant movements in pre-market trading, with various companies such as Exicure, Inc. (NASDAQ:XCUR) and iCoreConnect Inc. (NASDAQ:ICCT) seeing gains due to specific catalysts like patent grants and strategic acquisitions, respectively.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 1:03 pm

Wearable Devices has announced the release of the Mudra Developer Kit, an innovative technology for wristband neural gesture control. This technology allows users to control devices and interfaces with hand gestures by interpreting neural signals from the wrist.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:23 pm

Wearable Devices, known by its ticker WLDS, has ramped up production of its Mudra Band in preparation for the expected surge in interest after showcasing the product at the 2024 Consumer Electronic Show (CES).

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 12:25 pm

Wearable Devices (WLDS) has filed a U.S. patent application for a touchless pinch-to-zoom technology designed for augmented reality (AR) and virtual reality (VR) wearables. This move could potentially enhance the company's intellectual property portfolio and offer a competitive edge in the AR/VR market.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 1:04 pm

Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW), an AI-powered touchless sensing wearables company, has announced the opening of a new U.S. office in Redwood City, California, to expand its presence in North America. The Silicon Valley location will enable the company to engage more closely with the tech community and respond to the needs of North American customers. The expansion is expected to foster growth and innovation, particularly for the Mudra Band, and enhance customer service and business relations in the region.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:21 pm

Wearable Devices Ltd. has filed a U.S. patent for a touchless pinch-to-zoom interaction technology for augmented reality (AR) wearables. This technology allows users to adjust parameters using hand and wrist gestures without physical contact.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:11 pm

Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW) has established a new U.S. office in Redwood City, California, to enhance its market presence and partner relations in North America. The office will serve as a hub for the Company's North American operations, focusing on customer service and engagement with business partners. The Company's CMO, Shmuel Barel, will lead the subsidiary, Mudra Wearable, Inc. This expansion follows the delivery of the first batch of Mudra Bands to preorder customers and a memorandum of understanding with an XR Smart Glasses manufacturer for B2B licensing.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 1:16 pm

Wearable Devices has successfully completed the first phase of deployment testing for an OEM specializing in extended reality glasses. This marks a significant milestone for the company, potentially leading to further development and commercialization opportunities.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:21 pm

Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW) has launched a new website for the Mudra Band, a wearable device enabling touchless interaction with technology via hand gestures. The website aims to enhance marketing and sales by providing a seamless user experience, detailed product information, and a convenient shopping platform. The Mudra Band is compatible with the Apple Ecosystem, and the company has recently announced full touchless control across Apple products when used with the Apple Watch Double Tap gesture.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:34 pm

Wearable Devices Ltd. announced its AI-based gesture recognition algorithm optimized for Apple devices passed a 1,000-user test. The algorithm, compatible with mobile OS and designed for user experience, is ready for deployment. It supports TensorFlow Lite and Core ML, enhancing touchless interaction for extended reality applications.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:35 pm

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