Thursday, October 31, 2024

Wearable Devices Ltd. (NASDAQ: $WLDS) Versus Meta (NASDAQ: $META) in the AR Glasses Battle? @WLDS_Ltd



 

Wearable Devices Ltd. (NASDAQ: $WLDS) Versus Meta (NASDAQ: $META) in the AR Glasses Battle?  @WLDS_Ltd

 



Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas, including AI and tech stocks reports on news and developments for Wearable Devices Ltd.  (Nasdaq: WLDS) (WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology.

 

According to ResearchAndMarkets.com, “The global market for Smart Augmented Reality (AR) Glasses was estimated at 678.6 Thousand Units in 2023 and is projected to reach 13 Million Units by 2030, growing at a CAGR of 53.0% from 2023 to 2030.”

 

Yesterday Wearable Devices announced an innovative collaboration with TCL-RayNeo™ leader in augmented reality (“AR”) technology, aiming at bringing mass-market neural interface wristband for AR glasses to life now.

 

Both parties will be showcasing how neural interface wristband can be seamlessly integrated into AR devices, enhancing user experience by enabling hands-free, gesture-based interactions in augmented and mixed reality environments. This collaboration, previously announced earlier this month, highlights a groundbreaking leap towards more immersive, intuitive user experiences with the objective of being available as soon as next year.

 

For comparison, Meta (NASDAQ: META) announced last month its entrance into the gesture control space and presented its neural wristband as a 'Purposeful Product Prototype' for smart glasses. RayNeo is known for its innovations in AR, developing cutting-edge AR glasses that enhance immersive experiences by overlaying digital content in the real world. By integrating RayNeo’s AR glasses with Wearable Devices’ neural gesture control technology, users can experience a truly hands-free interaction, elevating the immersive experience to new heights.

 

Paid News Dissemination of behalf of WLDS

 

Read this news, featuring WLDS in full at https://www.investorideas.com/news/2024/technology/10311Wearable-Devices-WLDS-AR-Glasses.asp

 

“Our collaboration with RayNeo signals a thrilling new chapter in neural gesture technology,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “Our breakthrough Mudra Band and Mudra Link technology is redefining how users interact in mixed reality, offering more natural and instinctive control. Together with RayNeo, we’re creating immersive experiences that feel almost magical, as if technology has become an extension of oneself.”

 

“Collaborating with Wearable Devices represents a significant leap forward in the future of AR technology,” said Howie Li, Chief Executive Officer of RayNeo. “By combining RayNeo’s advanced AR glasses with the cutting-edge neural interface technology from Wearable Devices, we are committed to providing innovative solutions that empower users and transform everyday experiences. We believe this collaboration will lead to a new era of smart, intuitive, and immersive wearable experiences.”

 

This collaboration highlights the potential for future innovations in the extended reality (“XR”) market. The combination of RayNeo’s advanced AR hardware and Wearable Devices’ neural input technology creates exciting possibilities for the next generation of smart wearables, offering seamless and touchless control across various applications. The details of the full terms of this collaboration are subject to negotiation and execution of definitive agreements.

 

Recent news release:

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Disclaimer/Disclosure: This news dissemination featuring Wearable Devices Ltd.  (NASDAQ: WLDS) is a paid for service on Investorideas.com. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Breaking Cleantech Automotive Stock News: Worksport Ltd. (NASDAQ: $WKSP) Unveils Upgraded SOLIS Technology, Enhancing Solar Tonneau Covers for Broader Market Reach; @WorksportLtd

Breaking Cleantech Automotive Stock News: Worksport Ltd. (NASDAQ: $WKSP) Unveils Upgraded SOLIS Technology, Enhancing Solar Tonneau Covers for Broader Market Reach; @WorksportLtd

 

Innovative Upgrade Reduces Consumer Costs by Up to $400 and Increases Compatibility Across Multiple Battery Generator Brands and Types

 


West Seneca, New York - October 31, 2024 (Investorideas.com Newswire) Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors is excited to announce a development for its advanced solar technology system. The Worksport SOLIS solar tonneau cover will be improved to operate at 60V, a meaningful upgrade that is believed to bring substantial cost savings to consumers, expand the addressable market size, and simplify integration with a wider range of other battery generator systems existing in the marketplace.

 

Cost Savings for Customers & Broader Product Appeal

The change to 60V output provides strong benefits to Worksport's upcoming SOLIS solar cover product line. Key benefits include:

  • Cost Savings: Anticipated savings of up to $400 USD for the end user, allowing Worksport's patented SOLIS solar cover to be affordable for a larger portion of the huge global pickup truck market.
  • Broader Compatibility: Enhanced compatibility with a wider range of existing portable energy systems, expanding market potential.
  • Same Performance, Less Complex: The lower voltage is not expected to impact the cover's performance, while also reducing the complexity of Worksport's Maximum Power Point Tracking (MPPT) system.
  • Simplified Systems: The 60V configuration streamlines the SOLIS cover and the COR portable energy storage systems, simplifying installation and user experience.

 

Worksport SOLIS & COR

This planned upgrade to the Worksport SOLIS cover comes as the system is currently in an Alpha release phase, and the Company is collecting real world feedback on the early production units. Worksport's SOLIS Solar Cover and COR Portable Energy Systems are expected for market release in the near term. Together, they form an advanced nano-grid solution that generates clean, portable power for both recreational and professional uses. Positioned in a rapidly growing portable power market exceeding $4 billion, these innovations are expected to drive the future of Worksport's growth. Investors can read more here.

 

Streamlined Solutions and Market Potential

The development of the 60V SOLIS solution allows for a simpler connection between the SOLIS Solar Cover and portable energy systems, like the Worksport COR.

 

This development will be in immediate effect for the Alpha release within the coming days and is expected to enhance both user experience and cost. This advancement aligns with Worksport's strategic vision to capture substantial market share in the booming portable energy market. A redesigned wireway management system, set to be finalized by the end of November, will further improve efficiency and aesthetics.

 

While providing multiple expected benefits, Worksport does not anticipate any timeline shifts as result of this development, the Company will continue to test and enhance the Alpha release systems in real world conditions. As the Alpha release continues to excitingly advance, the Company is preparing for influencer campaigns and live demonstration events to publicly showcase the quality and performance of the Worksport SOLIS Covers with the Worksport COR & other battery generator systems. The Alpha release will be followed by preorders and a larger scale Beta release.

 

Paid News dissemination for Worksport Ltd.

 

Read this news, featuring WKSP in full at https://www.investorideas.com/news/2024/10311WKSP-Upgraded-SOLIS-Technology.asp

 

CEO Commentary

"SOLIS testers spoke, and we listened! With this change we expect to drastically enhance compatibility and materially reduce projected customer costs, so we can make our upcoming sustainable energy solutions more affordable to a wider audience," said Steven Rossi, CEO of Worksport Ltd. "This upgrade not only strengthens our competitive position but also aligns with our commitment to delivering exceptional value and driving growth. We're excited about the future prospects this technology brings and remain dedicated to pushing the boundaries of innovation in our industry. This solar cover will be priced closely to conventional covers in our marketplace. We think this will make it a clear choice for a huge portion of the 60 million pickup trucks on U.S. roads."

 

Investor Inquiries May Be Directed To:

Investor Relations, Worksport Ltd.
T: 1 (888) 554-8789 x128
W1: https://investor.worksport.com
W2: www.worksport.com
E: investors@worksport.com

 

Key 2024 Press-Releases:

Read all Worksport press releases: [Link to All Press Releases].

 

Stay Connected

  • Investor Newsletter: Investors and customers are invited to follow Worksport's progress as it builds on this momentum and strives to redefine industry standards with each new corporate development. Link to Newsletter
  • Contact Information

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com E: investors@worksport.com
W: 
worksport.com

 

About Worksport

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with RAM, Chevrolet, and GMC models from General Motors, as well as Ford, Jeep, Nissan, and Toyota pickup trucks. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology.

Terravis Energy's website is terravisenergy.com. For more information, please visit investors.worksport.com.

 

Connect with Worksport

Please follow the Company's social media accounts on X (previously Twitter)FacebookLinkedInYouTube, and Instagram (collectively, the "Accounts"), the links of which are links to external third party websites, as well as sign up for the Company's newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.

 

Product social media

Instagram
Facebook
YouTube

 

Investor social media

X (formerly Twitter)
LinkedIn
Link to Newsletter

 

Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.

 

The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

 

For additional information, please contact:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: 
investors.worksport.com W: www.worksport.com E: investors@worksport.com

 

Forward-Looking Statements
The information contained herein may contain "forward looking statements." Forward looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," "project," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. 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: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

 

Worksport Ltd. (Nasdaq: WKSP) is a featured renewable energy/automotive stock on Investorideas.com

 

More info on WKSP at Investorideas.com Visit:  https://www.investorideas.com/CO/WKSP/

 

Disclaimer/Disclosure: Disclosure: Worksport Ltd. (Nasdaq: WKSP) is a paid featured company on Investorideas.com effective  October 18th 2024 for 2 months. lInvestorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclosure info can be found here. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 


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Wednesday, October 30, 2024

AI /Wearable Stock Wearable Devices Ltd. (Nasdaq: $WLDS) Looks to the Future of Technology; @WLDS_Ltd



 

AI /Wearable Stock Wearable Devices Ltd. (Nasdaq: $WLDS) Looks to the Future of Technology;  @WLDS_Ltd

 



Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas, including AI and tech stocks reports on news and developments for Wearable Devices Ltd.  (Nasdaq: WLDS) (WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology.

 

According to MarketsandMarkets, “The global wearable AI market size was valued at USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029, growing at a CAGR of 17.2% during the forecast period from 2024 to 2029.”

 

“The growth of the wearable AI market is fuelled by its seamless integration with smartphones and the Internet of Things (IoT), increasing awareness of health and fitness among the general population, and continuous technological advancements in wearable devices.”

 

On October 21st Wearable Devices Ltd.  (Nasdaq: WLDS) announced the release of a landmark white paper titled, “Elevating AR Glasses User Experience with Gesture Control and Neural Wristband.” The white paper provides an in-depth and definitive analysis of emerging trends in gesture control technology, comparing camera-based solutions with wearable neural interfaces that present a clear case for the future of seamless, wrist-worn input control.

 

This sweeping industry and technology analysis draws on Wearable Devices’ decade of experience developing pioneering human-computer interaction (HCI) solutions, including the Company’s award-winning Mudra Band, the world’s first neural interface wristband.

 

Wearable Devices’ thought leadership highlights not only the current landscape of gesture control for face-worn devices but also identifies critical challenges and opportunities for improving usability, comfort and interaction quality.

 

Paid News Dissemination of behalf of WLDS

 

Read this news, featuring WLDS in full at https://www.investorideas.com/news/2024/technology/10301Wearable-Devices-WLDS.asp

 

“Our far-reaching history in developing neural gesture-control technology uniquely positions Wearable Devices to provide this rigorous level of analysis,” said Wearable Devices Chief Executive Officer Asher Dahan. “Our Mudra technology represents a step forward in creating fluid and precise interactions with augmented reality (“AR”) glasses, eliminating the limitations of conventional input systems. This white paper offers key insights that help businesses and developers envision new ways to create user experiences where technology becomes an extension of natural human movement.”

 

By publicly releasing this white paper to the AR industry, Wearable Devices reaffirms its role as a pioneer in neural gesture control and as a leader in shaping the future of wearable technology. Businesses, developers and innovators are invited to download the full white paper to explore in-depth analyses, research findings and actionable insights.

 

The white paper is now available for download on the Wearable Devices website https://www.wearabledevices.co.il/whitepaper

 

Recent news release:

https://finance.yahoo.com/news/wearable-devices-unveils-foundational-white-123500814.html

 

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