Wearable Devices announced the launch of its licensing program for the B2B market. The program provides for a royalty based license agreement where original equipment manufacturers will have the right to customize a reference design version of the Company’s Mudra gesture technology to meet the specific needs of their business. The company said, “The Company’s proprietary technology is at the forefront of gesture recognition, using AI-based touchless sensing wearables to control devices with hand gestures. With the launch of the Mudra licensing program, Wearable Devices is positioned to significantly expand its addressable market by enabling businesses to develop their own co-branded touchless control products.”
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