Nuheara was founded by Justin Miller and David Cannington , and have developed IQbuds - an advanced hearing device which boasts the likes of noise cancellation and advanced hearing capabilities.
Justin who had hearing loss in one ear was fed up with every conversation feeling like a chore, and hearing aids seemed too extreme; there had to be an answer. As a result, the concept of IQbuds was born.
IQbuds² MAX gives the wearer complete control over sounds by offering active noise cancellation and sonic accuracy, with the average sales price being $417.
ASX listed Nuheara (NUH) is commercialising this product and has seen a 543 per cent growth in invoiced quarterly revenue for Q1 FY21of it’s IQbuds.
A few wins in the September quarter
- it has received its ISO 9001:2015 quality certification,
- It has negotiated a contract to develop an audio product with HP.
- The National Health Service (NHS) in the United Kingdom will include the company's IQbuds BOOST.
International sales now account for more than 85 per cent of all orders received with 50 per cent from the United States, 17 per cent from Australia and New Zealand, and Asia, and 7 per cent from the United Kingdom.
Justin and the team at Nuheara are on the path of fulfilling his mission of producing affordable and accessible intelligent hearing alternatives to those in need just like himself.
Justin’s hope is one day, you’ll be able to walk into a store, get your ears tested, and walk out with a solution—just like buying a pair of glasses.
A company to watch
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