The Government Circuit: News on Defense Electronics, Europe, and Sustainability
American Made Advocacy: Taking the Fight to Capitol Hill
Defense Speak Interpreted: SWaPing Nanosatellites for Defense Systems
Wearable Devices Strengthens its Presence in the Defense Sector with New Sale to a Global Defense Company
August 20, 2024 | GlobeNewswireEstimated reading time: Less than a minute
Wearable Devices Ltd. (the “Company” or “Wearable Devices”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, previously announced that a global defense company has purchased its state-of-the-art Mudra Development Kit (“MDK”) to evaluate certain deep-level capabilities. This purchase, announced on July 24, 2024, marks additional opportunities for Wearable Devices in the defense market, following its previous agreement with another defense sector leader.
The MDK enables developers to integrate advanced gesture control functionalities into their systems, utilizing Wearable Devices' innovative Mudra technology. This powerful toolset will support the defense company's efforts to enhance user experience and operational efficiency through intuitive, touchless interaction.
Asher Dahan, Chief Executive Officer of Wearable Devices, commented: "We are excited to deepen our engagement in the defense sector. The MDK offers unparalleled capabilities that align perfectly with the high standards and innovative requirements of the defense industry. The interest coming from this specific sector signifies the growing recognition of our technology's potential to revolutionize user interfaces in critical applications."
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.