Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC.
The patent protects Wearable Devices’ innovative neural measurement of weight, torque, and force applied with multiple real-world use-cases for Brain-Computer Interfaces, Industry 4.0, and Extended Reality YOKNEAM ILLIT, ISRAEL, March 17, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd.(the "Company” or "Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence ("AI")-powered touchless sensing wearables, announced that it has received a notice of allowance for its patent application entitled "Gesture and Voice-Controlled Interface Device” by the United States Patent and Trademark Office.
The patent covers, inter alia, the ability to estimate the weight of an object, the torque that the user applies fastening rotating objects such as screws and faucets, and measuring the force applied by a user when fastening a connector of an electrical cable harness, along with other innovations in the fields of voice commands, user experience, extended reality ("XR”) embodiment and brain computer interface.
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