RealWear, Inc. has entered into an agreement to become a publicly traded company via a business combination transaction with Cascadia Acquisition Corp.

  • RealWear’s platform empowers frontline professionals via a human-centric technology solution comprised of voice-driven and hands-free wearable computers, cameras, and accessories, as well as robust cloud and data service offerings
  • RealWear has developed an industrial-focused ecosystem of independent software vendors
  • RealWear has 5,000+ end-user customers with 70,000+ units deployed (as of 9/30/22)
  • RealWear has substantial historical revenue with a strong gross margin profile
  • RealWear’s pre-transaction equity valued at $323 million

RealWear, Inc. (“RealWear” or the “Company”), a leading industrial wearable technology solution company, and Cascadia Acquisition Corp. (NASDAQ: CCAI) (“CCAI”), a publicly-traded special purpose acquisition company, have entered into a definitive business combination agreement that is expected to result in RealWear becoming a publicly traded company.

Upon closing of the proposed transaction, the combined company will be named RealWear, Inc. and is expected to trade on the Nasdaq.

RealWear provides wearable assisted reality solutions to frontline professionals to engage, empower, and elevate the modern industrial worker to be more efficient and perform work tasks more safely and with precision. The Company’s assisted reality tools enable frontline professionals to view, communicate and share documents, diagrams, photos, and video, all while keeping their hands and field-of-view free for the work. As a full-stack offering, RealWear’s SaaS-based cloud platform provides advanced data analytics and real-time technical support to help IT and operations leaders streamline updates and accelerate scaled deployments. With its ruggedized design, form factor and unique modular platform, RealWear devices, including the RealWear Navigator® wearable series, are designed to withstand and perform in the harsh, often challenging environments regularly faced by modern frontline professionals.


Scaled, Category-Creating Platform:
Established market leader for modern frontline professionals
Large TAM:
Rapidly expanding market TAM with anticipated 41% CAGR (2022-2027) Source: ABI Research
Blue Chip Customer Validation:
41 of the Fortune 100 are RealWear customers
Efficient Business Model:
2022 Gross Margin (Unaudited) of 63% poised to expand through increasing emphasis on cloud platform



Cascadia Acquisition Corp
1000 Second Avenue, Suite 1200
Seattle WA 98104