Wearable Devices Ltd. (WLDS) Form 6-K — Oct 22, 2026
Wearable Devices (Nasdaq: WLDS) entered a Commercial Collaboration and Data License Agreement with Cord Technologies (Encord) on October 16, 2026, announced via 6-K and press release on October 22, 2026. Encord may purchase Mudra Pro and Mudra Ultimate wristbands and license raw sensor data to build multimodal training data for Physical AI and robotics. Under the agreement, Wearable Devices earns revenue from device purchases plus a per-hour revenue share on qualifying data collected, with a perpetual worldwide non-exclusive data license granted to Encord and 12 months of conditional mutual exclusivity. There is no fixed minimum revenue commitment or minimum data-collection volume.
Key figures
- Initial term
- 1 year (auto-renews for successive 1-year periods)
- Non renewal notice days
- 60
- Exclusivity period months
- 12
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