- What was Wearable Devices' most recent public offering?
- In October 2025, Wearable Devices had a public offering that raised $3,284,042.
- What was the outcome of Wearable Devices' first half 2025 financial results?
- In the first half of 2025, Wearable Devices launched its Mudra Link, generating $294,000 in B2C revenue and expanding to Android and iOS. The company also entered the Japanese market via Media Exceed Co., Ltd. and is developing touchless neural control systems for a military project.
- What is Wearable Devices' current employee count?
- Wearable Devices currently has 24 employees, falling within the 11-50 employee bucket.
- What was the outcome of Wearable Devices' first half 2024 financial results?
- In the first half of 2024, Wearable Devices reported revenues of $394,000, a significant increase from $12,000 in the same period of 2023. Key developments included new features for the Mudra Band, the launch of Mudra Link for Android, and collaborations with Qualcomm and a Fortune 500 consumer electronics corporation. However, the company reported a net loss of $4.2 million, up from $3.9 million in the previous year, primarily due to increased operating expenses.
- What was the purpose of Wearable Devices' patent application in South Korea in September 2024?
- In September 2024, Wearable Devices filed a patent application with the Korean Intellectual Property Office (KIPO) to protect its neural interface technology, specifically covering a technology for measuring weight and torque. This is part of a strategy to expand its global patent portfolio in Asian markets and foster collaborations.
- What was the outcome of Wearable Devices' collaboration with RayNeo and Qualcomm in January 2025?
- In January 2025, Wearable Devices collaborated with RayNeo to introduce the RayNeo X3 Pro AR glasses, integrated with Wearable Devices' Mudra neural input wristband and powered by Qualcomm's Snapdragon AR1 Gen 1 Platform. This partnership aims to provide an intuitive and immersive AR experience with gesture tracking without line-of-sight.
- What was the result of Wearable Devices' partnership with a European automobile manufacturer in July 2024?
- In July 2024, Wearable Devices successfully implemented a proof-of-concept for its touchless control technology in a demonstration car at a leading European automobile manufacturer's showroom. This marked the company's entry into the automotive industry, with the manufacturer purchasing the Mudra Development Kit for integration into their upcoming products.
- What was the significance of Wearable Devices' participation in MWC Barcelona 2025?
- In March 2025, Wearable Devices participated in MWC Barcelona, showcasing its Mudra Link neural sensing wristband for XR and Smart Glasses control, and the Mudra Band for Apple Watch. The company also introduced the Mudra Dev-Kit program for enterprises, aiming to expand its technology to a broader audience and foster industry partnerships.
- What was the outcome of Wearable Devices' warrant inducement transaction in November 2025?
- In November 2025, Wearable Devices entered into a warrant inducement agreement with an existing institutional investor, resulting in the immediate exercise of warrants for 3,322,000 ordinary shares at $1.71 per share, generating approximately $5.68 million in gross proceeds for working capital and general corporate purposes.
- What was the purpose of Wearable Devices' collaboration with X-trodes in November 2025?
- In November 2025, Wearable Devices and X-trodes successfully completed and delivered a neural interface system for advanced tactical systems. This collaboration introduced a touchless control system based on a neural human-machine interface, allowing users to control tactical communication, navigation, and command systems using neuromuscular activity and gestures.