This new subscription service, exclusive to
Owlet users, gives parents a deeper, personalized understanding of
their baby’s development, health, and sleep trends.
Owlet, Inc. (“Owlet” or the “Company”) (NYSE: OWLT), the pioneer
of smart infant monitoring, today announces the launch of
Owlet360™, a new subscription service available to Owlet customers.
This innovative new service leverages the Company’s infant health
and sleep data to provide caregivers a place to turn to for answers
about their babies’ development and health, empowering them with
actionable information – while ensuring Owlet’s core safety
features, including live vitals monitoring and real-time alerts,
remain free of charge.
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the full release here:
https://www.businesswire.com/news/home/20250128526672/en/
Owlet's new service, Owlet360, leverages
the Company’s infant health and sleep data to provide caregivers a
place to turn to for answers about their babies’ development and
health, empowering them with actionable information – while
ensuring Owlet’s core safety features, including live vitals
monitoring and real-time alerts, remain free of charge. (Graphic:
Business Wire)
A New Era Of Parenting Confidence
The demands on new parents are greater than ever. Caregivers
often face sleepless nights, constant worry, and a lack of reliable
resources to answer critical questions about their baby’s health
and development. Frequently turning to friends or online resources,
parents ask questions like, “Is this normal for my baby?” or “When
should I take my baby to the doctor?” This uncertainty, coupled
with high stress and fatigue, underscores the urgent need for a
trusted, data-driven solution. Owlet360 helps solve this by
providing actionable insights that aim to empower caregivers,
support babies' well-being, and potentially reduce unnecessary
healthcare visits.
Data That Makes A Difference
Since its inception, Owlet has monitored more than 1.7 million
babies, tracked over 17 trillion heartbeats, and built one of the
most extensive pediatric health datasets in the industry. This
unmatched collection of data forms the backbone of Owlet360,
enabling us to deliver insights no other platform can provide.
Building on features existing Owlet users enjoy, Owlet360 allows
caregivers to:
- Monitor Baby’s key health metrics by diving deeper into
daily and weekly trends for pulse rate, oxygen level, movement, and
comfort temperature.
- Compare Baby’s health and sleep data to the vast Owlet
infant health data set, offering meaningful context and
reassurance.
- Understand sleep and gain daily insights and guidance on
Baby’s sleep patterns.
- Track Baby’s comfort temperature to let parents know if
their baby is too warm or too cold and to adjust the sleeping
environment.
- Watch, share, and save more video clips of Baby’s
precious moments or important notifications, like when their baby
is moving or crying is detected.
- View sleep environment insights like temperature and
humidity trends in Baby’s room.
Babies’ safety and parents’ peace of mind are the core of the
Company’s mission. Access to key health and safety features, such
as live vitals tracking and real-time alerts, is not changing. The
Owlet Dream App will continue to provide pulse rate and oxygen
level tracking, plus critical alerts, at no cost.
Putting Actionable Insights Into Parents’ Hands
"We believe the launch of Owlet360 marks a transformative moment
not just for Owlet, but for the entire industry. With over a decade
of experience pioneering at-home infant monitoring technology,
we’ve built a deep understanding of what parents truly need –
actionable insights, peace of mind, and a seamless way to track
their baby’s health and development,” said Kurt Workman, Owlet
Chief Executive Officer and Co-Founder. “Owlet360 is the next
evolution of our connected ecosystem, leveraging our large
pediatric health dataset to deliver personalized, proactive care.
This is more than a subscription; it’s a new standard in parenting
support."
In its first months of testing with a limited set of Owlet
users, Owlet360 became a trusted tool for caregivers, with the
majority of subscribers using it daily. Parents tell us that having
deeper insights into their babies’ health and sleep provides the
confidence they need:
- “As a first-time mom, I am learning so much. I like the trends
so I can see that she’s doing things just like other babies her
age.”
- “Having statistics and averages of other babies who use Dream
Sock is super helpful and comforting because if I get concerned
about my baby's statistics, I can see that he is trending alongside
other Owlet babies.”
- “I love that they show me exactly the type of rest that my baby
is getting throughout the night and showing me where I need to help
with improvement.”
Owlet360 is available with a seven-day free trial for all new
and existing Owlet Dream App users in the U.S. only, with plans to
expand the service internationally later this year. Introductory
pricing is $5.99 per month, with future plans for additional
pricing options and expanded available features. To learn more,
please visit www.owletcare.com/pages/owlet360.
About Owlet, Inc.
Owlet’s digital health infant monitoring platform is
transforming the journey of parenting. The Company (NYSE: OWLT), a
small-cap healthcare growth equity, offers FDA-authorized medical
and consumer pediatric wearables and an integrated HD visual and
audio camera that provide real-time data and insights to parents
who safeguard health, optimize wellness, and ensure peaceful sleep
for their children.
Since 2012, over 2 million parents worldwide have used Owlet’s
platform contributing to one of the largest collections of consumer
infant health and sleep data. The Company continues to develop
software and digital data solutions to bridge the current
healthcare gap between hospital and home and bring new insights to
parents and caregivers globally. Owlet believes that every child
deserves to live a long, happy, and healthy life. To learn more,
visit www.owletcare.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
(the “Reform Act”). All statements contained in this press release
that do not relate to matters of historical fact should be
considered forward-looking statements, including, without
limitation, statements regarding the Company’s launch of its
Owlet360 subscription service in the U.S. and the impacts, growth
prospects, and expanded product and service offerings and
availability in the U.S. and international markets. In some cases,
you can identify forward-looking statements by terms such as
“estimate,” “may,” “believes,” “plans,” “expects,” “anticipates,”
“intends,” “goal,” “potential,” “upcoming,” “outlook,” “guidance,”
the negation thereof, or similar expressions, although not all
forward-looking statements contain these identifying words.
Forward-looking statements are based on the Company’s expectations
at the time such statements are made, speak only as of the dates
they are made, and are susceptible to a number of risks,
uncertainties, and other factors. For all such forward-looking
statements, the Company claims the protection of the safe harbor
for forward-looking statements contained in the Reform Act. The
Company’s actual results, performance or achievements may differ
materially from any future results, performance or achievements
expressed or implied by our forward-looking statements. Many
important factors could affect the Company’s future results and
cause those results to differ materially from those expressed in or
implied by the Company’s forward-looking statements. Such factors
include, but are not limited to, (i) the availability of, adoption
and commercial success of Owlet360 within the U.S. and
international markets, (ii) the regulatory pathway for the
Company’s products, including submissions to, actions taken by and
decisions and responses from regulators, such as the FDA and
similar regulators outside of the U.S. as well as the Company’s
ability to obtain and maintain regulatory approval or certification
for our products and other regulatory requirements and legal
proceedings; (iii) any developments in litigation in which the
Company is involved, including the Butala and Cherian cases
described in the Company’s reports filed with the U.S. Securities
and Exchange Commission (the “SEC”); (iv) the ability of the
Company to maintain listing of its Class A common stock on a
national stock exchange; (v) the Company’s competition and the
Company’s ability to profitably grow and manage growth; (vi) the
Company’s ability to enhance future operating and financial results
or obtain additional financing to continue as a going concern;
(vii) risks associated with the Company’s current loan and debt
agreements, including compliance with debt covenants, restrictions
on the Company’s access to capital, the impact of the Company’s
overall debt levels and the Company’s ability to generate
sufficient future cash flows to meet the Company’s debt service
obligations and operate its business; (viii) the ability of the
Company to implement strategic initiatives, reduce costs, grow
revenues, develop and launch new products, innovate and enhance
existing products, meet customer demands and adapt to changes in
consumer preferences and retail trends; (ix) the Company’s ability
to acquire, defend and protect its intellectual property and
satisfy regulatory requirements, including but not limited to
requirements concerning privacy and data protection, breaches and
loss, as well as other risks associated with the Company’s digital
platforms and technologies; (x) the Company’s ability to maintain
relationships with customers, manufacturers and suppliers and
retain Owlet’s management and key employees; (xi) the Company’s
ability to upgrade and maintain its information technology systems;
(xii) changes in applicable laws or regulations; (xiii) the impact
of and disruption to the Company’s business, financial condition,
operations, supply chain and logistics due to economic and other
conditions beyond the Company’s control, such as health epidemics
or pandemics, macro-economic uncertainties, social unrest,
hostilities, natural disasters or other catastrophic events; (xiv)
the possibility that the Company may be adversely affected by other
economic, business, regulatory, competitive or other factors, such
as changes in discretionary consumer spending and consumer
preferences; and (xv) other risks and uncertainties set forth in
the Company’s other releases, public statements and filings with
the SEC, including those identified in the “Risk Factors” section
of the Company’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2023, subsequent Quarterly Reports on Form 10-Q,
and any current or periodic reports filed with the SEC. All such
forward-looking statements attributable to the Company or any
person acting on the Company’s behalf are expressly qualified in
their entirety by the cautionary statements contained or referred
to above. Moreover, the Company operates in an evolving
environment. New risk factors and uncertainties may emerge from
time to time, and factors that the Company currently deems
immaterial may become material, and the Company can't predict such
events or how they may affect the Company. Except as required by
law, the Company assumes no obligation to update any
forward-looking statements after the date of this press release,
whether because of new information, future events or otherwise,
although the Company may do so from time to time. The Company does
not endorse any projections regarding future performance that may
be made by third parties.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250128526672/en/
Media Contact: pr@owletcare.com
Investor Contact: ir@owletcare.com
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