Child wearable firm Owlet is increasing its scope to younger kids with the launch of Owlet Dream Sock Plus, which is meant for youngsters as much as 5 years of age. Beforehand its good socks solely lined kids up 1o 18 months.
The know-how, which was designed to offer insights a few kid’s sleep, could be round a baby’s foot. The wearable can ship knowledge by way of Bluetooth to a caregiver’s Owlet Dream app a few kid’s wakings, coronary heart fee and motion. Caregivers can faucet into the app to see sleep standing and statistics over time.
The app additionally contains content material a few child’s first 18 weeks and a sleep studying program for youngsters as much as a 12 months previous. Owlet is promoting the Dream Sock Plus for $359, which comes with the sock sensor, a base station and three sizes of material socks. The corporate specified that the tech is meant for youngsters weighing as much as 55 kilos.
WHY IT MATTERS
In keeping with the CDC, sleep is necessary to stop Kind 2 diabetes, weight problems, poor psychological well being, consideration issues and accidents. The company recommends that toddlers get between 11 and 14 hours of sleep a day, and preschoolers get 10-13 hours.
Owlet is pitching this new device as a approach to assist maintain observe of younger kids’s sleep.
“The necessity for a great night time’s sleep doesn’t finish after 18 months, and with the Dream Sock Plus, we’re offering an answer that oldsters have lengthy been asking Owlet for,” stated Kurt Workman, cofounder and CEO of Owlet.
“We’re thrilled to have the ability to supply the award-winning Dream Sock know-how to households to be used over a for much longer time period. Having monitored over one million infants, Owlet’s mission has all the time been to empower mother and father with the instruments, coaching and assist they should assist maintain their child completely satisfied and wholesome.”
THE LARGER TREND
In 2021, Owlet went public on the New York Inventory Alternate by way of a SPAC merger with Sandbridge Acquisition Corp.
It hasn’t been all clean crusing for the Utah-based startup. In November, the corporate pulled its connected-sock wearables from the market following an October FDA warning letter that the corporate was out of regulatory compliance. Following this announcement, buyers filed a category motion lawsuit in opposition to the corporate alleging that it did not disclose the socks wanted FDA clearance earlier than hitting the market.
The corporate’s inventory has taken a tumble because the regulatory points surfaced. The inventory is buying and selling for roughly $2.20, down from its all-time excessive of $10.77 in February 2021.
In January, the corporate launched a brand new child sleep monitoring system, the Dream Duo, which was designed to assist observe a child’s sleep. This technique made fewer guarantees in regards to the well being metrics it might observe in contrast with the predecessor that was pulled.
