Corvex, Inc.
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ROIC.AI
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- Movano Inc. (NASDAQ:MOVE), a health-focused technology company, develops and commercializes wearable devices and sensor platforms that deliver personalized health metrics at the intersection of consumer wellness and medical-grade solutions; its core offerings include the Evie Ring, a women's smart ring tracking resting heart rate, heart rate variability, blood oxygen saturation, respiration rate, skin temperature variability, period and ovulation cycles, menstrual symptoms, activity profiles, sleep stages, calories burned, steps, active minutes, and mood; the EvieMED smart ring, recently granted FDA clearance for pulse oximetry; and a proprietary System-on-a-Chip (SoC) enabling non-invasive, cuffless blood pressure and continuous glucose monitoring via custom radio frequency technology. The company sells products direct-to-consumer through its website, retail channels, value-added resellers, and OEM partnerships, targeting women’s health and broader biometric monitoring markets with app-integrated insights. Founded in 2018 and headquartered in Pleasanton, California, Movano operates primarily in the United States with outsourced manufacturing. In November 2025, Movano enters into an all-stock merger agreement with Corvex Inc., an AI cloud infrastructure provider, under which Corvex shareholders will own 96.2% of the combined entity—expected to close in Q1 2026 and operate as Corvex headquartered in Arlington, Virginia—following a $24 million private placement in late 2023 that included a $3 million investment from a major medical device firm, FDA clearance for EvieMED's SpO2 feature, and Evie Ring software upgrades integrating Apple Health and enhanced personalization tracking.
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