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Audeara Ltd. ( (AU:AUA) ) has provided an announcement.
Audeara has secured exclusive Australian distribution rights from Shokz Health Global’s ShokzHear division for a customised assistive listening device, OpenLearn Small by ShokzHear, adapted specifically for local educational settings. The product leverages Shokz’s bone conduction, open-ear technology combined with Audeara’s listening expertise and tuning to address functional listening difficulties among school-aged children.
The agreement is positioned as a key step in Audeara’s strategy to expand its global footprint and technology rollout through partnerships with major hardware brands. It provides a direct commercial pathway into fully funded state and national government programs and charitable channels, enabling scalable deployment to hundreds of thousands of children, particularly in regional and remote communities where hearing loss significantly impacts education and long-term outcomes.
More about Audeara Ltd.
Audeara Limited is an Australian hearing-health technology company focused on assistive listening solutions and audio products tailored for people with hearing challenges. The company targets education and healthcare markets, working with leading hardware providers to deliver customised listening technologies that address unmet needs in learning and communication.
Average Trading Volume: 406,629
Technical Sentiment Signal: Buy
Current Market Cap: A$10.13M
Find detailed analytics on AUA stock on TipRanks’ Stock Analysis page.