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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."
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Dan’s Biz Bookshelf: ‘In Defense of a Liberal Education’
07/31/2025 | Dan Beaulieu -- Column: Dan's Biz BookshelfWhile Fareed Zakaria’s "In Defense of a Liberal Education" isn’t technically a business book, it’s nevertheless one that any business leader developing a workforce should read. A powerful, thought-provoking treatise on why the liberal arts are crucial, "Liberal Education" challenges the growing emphasis on STEM (science, technology, engineering, and math) education at the expense of broader intellectual pursuits.
Rheinmetall Expands Local Production Activities in Romania
07/28/2025 | RheinmetallRheinmetall has established a comprehensive local production network in Romania, encompassing both its own companies in the country and new partnerships with Romanian companies.
Safran Announces the Acquisition of Flight Control and Actuation Activities from Collins Aerospace
07/28/2025 | SafranSafran announces the closing of the acquisition of Collins Aerospace’s flight control and actuation activities which are mission critical systems for commercial and military aircraft, and helicopters.
Southwest Antennas Secures First Major European Order for their Permanent Mounting Kits
07/24/2025 | Southwest AntennasSouthwest Antennas is proud to announce the receipt of its first major European order for the company’s Permanent Mounting Kits, marking a significant milestone in its international expansion efforts.
Mobix Labs Secures Surge of High-Value Defense Orders, Igniting Growth in its Filter Interconnect Products
07/23/2025 | BUSINESS WIREMobix Labs, Inc., a leading innovator of advanced connectivity and electromagnetic interference (EMI) filtering technology, announced significant quarter-over-quarter revenue growth in its filter and interconnect products, powered by strong customer demand and major wins across mission-critical defense and aerospace programs.