- WLDS’s flagship products, the Mudra Band and Mudra Link, stand out in the market by enabling users to convert simple finger gestures into digital commands for smart devices.
- Users can scroll through photos, change music, or navigate XR environments with micro gestures, no screens or controllers needed. It supports various Operating Systems and works on multiple consumer electronics verticals.
- The recent entry of a major tech player into neural band wearables underscores the maturity of this technology as a camera-free alternative that performs on par with, and in many contexts better than, gesture-recognition cameras. As consumer awareness of neural control expands, demand for open, cross-platform solutions is accelerating.
- In a testament to its solid market potential, Wearable Devices Ltd.’s revenue surged fivefold to $522,000 in 2024, despite the challenges, indicating a promising future for the company and its investors.
- WLDS’s Mudra platform is designed from inception to serve both commercial and professional domains — from everyday smart-device control to mission-critical environments — through a single, scalable biosignal AI framework.
Wearable Devices (NASDAQ: WLDS) is a growth company leading the change in the way humans use their devices by eliminating the need for physical touch using a wrist wearable band. The devices include AI glasses, Augmented reality glasses, smart TVs, Tablets, Laptops, Robots, etc. With a strong reputation from its Mudra devices, equipped to translate signals from hand and wrist movements into digital commands, Wearable Devices is creating a new experience in the way AI, next-generation interfaces, and wearable devices interact (ibn.fm/ezvsH).
The AI-enabled wearable device industry is projected to rise from a $38.85 billion valuation in 2024 to approximately $260.29 billion in 2032, suggesting a full-blown tech revolution in the industry with an impressive 27.0% CAGR. According to experts, the wearable AI ecosystem encompasses smartwatches, gesture-driven devices, and fitness trackers. Amid this industrial revolution, WLDS is consolidating its position as a leading force in the wearable device ecosystem through innovations such as the Mudra Link wristband and Large Motor Unit Action Potential Model (“LMM”) platform, making bio-signal and gesture-based AI interaction for cognitive and health monitoring possible. In a space currently dominated by leading industry players such as Apple, Meta, and Amazon, Wearable Devices Ltd is playing a critical role in the way humans interact with their devices.
Since its introduction in 2014, WLDS has worked with B2C and B2B clients with a mission to create an innovative and seamless interaction between machines and humans. Wearable Devices have developed solutions such as the Mudra Band, a wrist-worn device designed to decode and translate bioelectric signals from the wearer’s wrist. This technology enables users to control VR/AR devices and mobile phones without the need for controllers, touchscreens, or voice prompts. Over 100 companies have purchased the company’s Mudra Inspire development kit, and there are currently over thousands of orders for the Mudra Band and Mudra Link consumer products, all indicating a growing user base and broader adoption of its technology.
Wearable Devices Ltd. recorded significant revenue growth from the $82,000 it recorded in 2023 to about $522,000 in 2024. This increase was a result of the demand for the Mundra Band by Apple Watch users. The company currently has a total asset base of about $5.98 million and an equity of just over $3.86 million. WLDS’ price-to-share ratio stands at about 0.86, indicating that the share may be undervalued.
“We are committed to revolutionizing human-device interaction with our AI-driven gesture personalization,” says Asher Dahan, CEO at WLDS. “By seamlessly integrating AI with biopotential sensing, we are developing innovations that will transform the way people engage with technology.” (ibn.fm/5mPWn).
Wearable Devices Ltd. operates with a clear vision to leverage real-world biosignal data to create a scalable AI platform, with applications in productivity, health, and spatial computing. The company’s commitment to developing a neural intelligence system that leverages actual bio-signals for seamless interaction across businesses, consumers, and emerging technology environments is quickly positioning it as a leader in the industry.
For more information, visit www.WearableDevices.co.il.
NOTE TO INVESTORS: The latest news and updates relating to WLDS are available in the company’s newsroom at https://ibn.fm/WLDS
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