Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Wearable Devices Signed an Agreement With Leading Global Defense Company to Design a Proof Of Concept for Touchless Technology for Defense Grade Use
December 29, 2023 | Globe NewswireEstimated reading time: 1 minute
Wearable Devices Ltd., a technology growth company specializing in artificial intelligence (AI)-powered touchless sensing wearables, announced that it has signed an agreement with a global leading defense company, to design together a first of its kind prototype for defense use cases. This collaboration aims to adapt Wearable Devices' neural gesture technology for defense requirements, especially in situations where silent activation is crucial.
Building on its recent endeavors with top-tier OEMs, this strategic alliance marks a significant milestone for Wearable Devices in expanding its reach into specialized industries. This engagement leverages both companies' core competencies, fusing state-of-the-art touchless controls with mission critical defense applications.
"We are incredibly excited to explore the use of our gesture technology in new leading edge industries. The need for touchless, silent activation in defense contexts has been a long-standing challenge. Our collaboration with a leading global defense company will pioneer solutions that can be game-changing for the defense industry," said Asher Dahan, Chief Executive Officer of Wearable Devices.
Wearable Devices' Mudra technology employs an advanced neural input interface that captures nerve signals to offer touchless control. This capability enables a more natural and intuitive way to control devices.
The collaboration will involve extensive R&D to customize Mudra gesture technology to meet the stringent and unique requirements of defense operations. By merging AI, proprietary algorithms, and specialized defense needs, the agreement aims to develop products that will set new standards for efficiency, safety, and adaptability in defense tech.
The agreement includes provisions for joint developed proof of concept with a focus on providing field-tested, user-friendly solutions for defense personnel.
Share on:
Suggested Items
Romania Becomes the 20th Member of the F-35 Global Alliance
11/21/2024 | Lockheed MartinThe Government of Romania confirmed today its intent to procure 32 Lockheed Martin 5th Generation F-35 Lightning II aircraft by signing a Letter of Offer and Acceptance (LOA) through a U.S. government Foreign Military Sale.
Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of FMI
11/19/2024 | Spirit AeroSystems, Inc.Spirit AeroSystems Holdings, Inc. announces a purchase agreement to sell Fiber Materials, Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. for $165,000,000 in cash, subject to customary adjustment.
AirBorn Announces Agreement to be Acquired by Molex
11/18/2024 | PRNewswireAirBorn, a global manufacturer of high reliability electronics and components, announced it has entered into an agreement to be acquired by Molex, a leading global connectivity and electronics solutions provider.
ZenaTech Participates in Taiwan Trade Mission to Open First Asian Office for ZenaDrone AI Drone Sensor and Component Manufacturing
11/07/2024 | NEWMEDIAWIREZenaTech, Inc., a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces that company principals are currently participating in a Trade Mission to Taipei, Taiwan as part of an Arizona Commerce Authority (ACA) delegation, with the goal of opening a manufacturing office for its previously announced Spider Vision Sensors Ltd. subsidiary.
MACOM Expands IC Design Expertise with Acquisition of ENGIN-IC
11/06/2024 | BUSINESS WIREMACOM Technology Solutions Holdings, Inc., a leading supplier of semiconductor products, announced today that it has acquired ENGIN-IC, Inc., a fabless semiconductor company that designs advanced Gallium Nitride (GaN) monolithic microwave integrated circuits (MMICs) and integrated microwave assemblies located in Plano, Texas and San Diego, California.