Wearable Devices Ltd. has announced a significant strategic collaboration with Cord Technologies, Inc. The partnership is designed to enhance the capabilities of both companies by integrating Wearable Devices' neural sensing technology with Encord's Physical AI data infrastructure.
This collaboration is particularly important as it aims to create richer multimodal training data for Physical AI systems. By combining neural signals associated with human movement with visual data, the companies hope to improve how Physical AI systems interpret complex human actions.
About Wearable Devices Ltd.
Wearable Devices Ltd. operates in the computer communications equipment sector and is known for its innovative AI-powered neural sensing technology. The company is traded on the Nasdaq under the tickers WLDS and WLDSW. Founded in Yokneam Illit, Israel, Wearable Devices specializes in developing advanced wearable technology that enables touch-free control of digital devices.
What the Filing Says
According to the recent SEC filing dated October 22, 2026, Wearable Devices entered into a Commercial Collaboration and Data License Agreement with Cord Technologies on October 16, 2026. The agreement allows Encord to purchase the company's Mudra Pro and Mudra Ultimate wristband devices. Encord will use these devices to collect and analyze data, which will be used to generate processing outputs.
The agreement has an initial term of one year and includes provisions for automatic renewal unless either party provides written notice of non-renewal. Additionally, Encord will pay Wearable Devices a revenue share for qualifying data collected using the devices, although there is no fixed minimum revenue commitment.
Impact
This collaboration may significantly affect both companies, particularly in their ability to enhance Physical AI applications. Encord will benefit from access to advanced neural data, while Wearable Devices could see increased sales of its devices and additional revenue from data usage.
What's Next
The filing does not specify what happens next, but the collaboration is expected to proceed with data collection and integration efforts as both companies work together to explore the potential of combining neural and visual information.