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FAQ: Wearable Devices Ltd. Receives Israel Innovation Authority Grant for Neural Rehabilitation Pilot
TL;DR
Wearable Devices gains a $750,000 grant for a clinical pilot, potentially establishing its Mudra Link as a leading rehabilitation tool and creating a competitive edge in the medical tech market.
The clinical pilot will use Wearable Devices' patented surface EMG technology in the Mudra Link wristband to quantitatively monitor neuro-muscular activity for grip-force control rehabilitation.
This technology aims to improve accessibility and outcomes in therapy for patients with motor-cortex injuries, making rehabilitation more effective and enhancing their quality of life.
A wristband that reads muscle signals is being tested to help patients regain hand control, blending AI wearables with advanced medical rehabilitation.
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Wearable Devices Ltd. (NASDAQ: WLDS) has received Israel Innovation Authority approval for a $750,000 budget to support a clinical pilot evaluating the Mudra Link neural wristband as a rehabilitation tool for patients with impaired grip-force control following motor-cortex injuries.
Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW) is a technology growth company specializing in AI-powered touchless sensing wearables and human-computer interaction through neural input technology.
The Mudra Link neural wristband is being evaluated as a rehabilitation tool, extending the company's patented surface EMG technology into quantitative neuro-muscular monitoring for force-control therapy.
Soroka University Medical Center is the partner for this clinical pilot evaluating the Mudra Link as a rehabilitation tool.
The pilot aims to evaluate the Mudra Link neural wristband as a rehabilitation tool for patients with impaired grip-force control following motor-cortex injuries, with goals of improving accessibility, tracking, and outcomes in force-control therapy.
The company uses AI-powered neural input touchless technology with proprietary sensors, software, and advanced AI algorithms, including patented surface EMG technology for its neural wristbands.
Wearable Devices' main consumer products are the Mudra Band and Mudra Link, which enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.
The company operates through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, serving both consumer markets (gaming, productivity, XR) and business sectors (AR/VR/XR, smart environments).
The latest news and updates relating to WLDS are available in the company's newsroom at https://ibn.fm/WLDS.
This $750,000 grant from the Israel Innovation Authority supports extending the company's technology into clinical rehabilitation applications, potentially opening new markets in healthcare while advancing neuro-muscular monitoring capabilities.
Curated from InvestorBrandNetwork (IBN)
