Forbes recently profiled Doppler Labs—a start-up company that makes wireless smart earbuds—and its business model in a market affected by the 2017 Over-the-Counter Hearing Aid Act, according to the article.

Doppler, along with companies such as Audicus and Apple, are working to develop lower-cost hearing devices to be sold to directly to consumers, according to Forbes.

Forbes reported that the company received $50 million in financing toward the development of its Here One augmented reality earbuds, which it began selling in 2016.

For the article in its entirety, please visit the Forbes website here.

Source: Forbes