Image: Peloton

It’s not a rower or the forthcoming Peloton Guide, but Peloton announced today that it’s releasing a new Bluetooth heart rate monitor. Unlike its existing chest strap, the Peloton Heart Rate Band is meant to be worn on a user’s forearm and features optical heart rate sensors.

The Heart Rate Band will be available in small and large sizes and will cost $90. That’s a little less than double the price of its existing chest strap, which retails for $49 on Peloton’s website. It’ll also sport five LED lights that indicate which heart rate zone you’re currently training in, battery level, and Bluetooth connectivity status. It also has a rechargeable battery that gets an estimated 10 hours on a single charge.

The device is meant to be an…

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