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Exoskeleton business news and articles.

Highlight: EduExo Kickstarter

May 9, 2017 // 0 Comments

EduExo is on track to become the first commercially available robotic exoskeleton kit for STEM (science technology engineering and mathematics) education.  The EduExo Kickstarter was approved as an all-or-nothing project, meaning it will not be funded unless it reaches the project goal by June 7th, 2017.  Luckily, you now have the opportunity to [more]

Commentary on Executives Perspectives: Max Scheder-Bieschin, CFO Ekso Bionics

February 15, 2017 // 0 Comments

C-Suite TV with Jeffery Hayzlett has published an interview with Ekso Bionics CFO Max Scheder-Bieschin.  In the interview, Max Scheder-Bieschin focuses on the current and future medical exoskeleton offerings by Ekso Bionics.  However, his thoughts and opinions have many overarching ideas that can be applied to all medical exoskeletons as well [more]

Myomo and Ottobock Global Distribution Agreement

January 27, 2017 // 0 Comments

The maker of the mobile assistive arm exoskeleton MyomoPro has entered into an exclusive global distribution agreement with Ottobock.  Ottobock is a giant in the world of prosthetics and orthotics with over 90 years of experience in the business.  According to its corporate website, Ottobock’s four divisions: Prosthetics, Orthotics, [more]

PPMD awards $600,000 for Duchenne research study, Ekso Bionics will gain orders.

January 23, 2017 // 2 Comments

The nonprofit organization, Parent Project Muscular Dystrophy has awarded a $600,000 grant to the New Jersey Insititute of Technology and Talem Technologies.  The grant is focused on a two-year study on prolonging independence for children and adults suffering from Duchenne muscular dystrophy.  The full article can be found on EurekAlert!  PPMD [more]

Myomo becoming an innovation leader in technology and business!

December 8, 2016 // 1 Comment

Myomo, maker of the MyoPro arm assistive exoskeleton has announced a proposed IPO through new crowdfunding rules called Reg A+ and plan to list on the New York Stock Exchange.  Myomo, Inc., is a Cambridge, MA medical robotics company specializing in myoelectric orthoses for people with neurological disorders that affect the upper extremity. [more]

Modern Healthcare: Why can’t devicemakers and insurers get along?

December 1, 2016 // 0 Comments

Adam Rubenfire has written a very persuasive and informative article on the challenges of modern medical technology, such as exoskeleton technology, to be covered by insurance companies in the U.S.  The article was published on Modern Healthcare, November 26th, 2016 and can be found on their website.  The same article is also posted on their [more]

Here we go again: Ekso Bionics suffers another short attack

October 27, 2016 // 0 Comments

Barely a year and a half after the last one, Ekso Bionics finds itself again under siege from a short attack.  Even though the new damaging litany is clearly labeled  “Important Disclosure: The owners of TheStreetSweeper hold a short position in EKSO and stand to profit on any future declines in the stock price.” there was still a [more]

Wearable Robotics Financial News – Summer 2016

September 28, 2016 // 1 Comment

Active Bionics closes shop, Microsoft invests in Sarcos, CYBERDYNE suffers a short attack, a German court ruled exoskeletons should be covered by the insurer, and ReWalk Robotics gets sued.  These are only some of the exoskeleton financial and regulation news from August and September 2016. Active Bionics Shuts Down @activebionics demonstrating [more]

Ekso Bionics Rings the NASDAQ Closing Bell

September 1, 2016 // 2 Comments

Ekso Bionics CEO Thomas Looby had the honor of ringing the August 30th NASDAQ closing bell.  Tom was joined by nearly the entire management team, as well as many other employees and exoskeleton ambassadors.  Ekso Bionics is not the first exoskeleton company to ring the NASDAQ bell.  Nearly two years ago, ReWalk Robotics rang the opening bell in [more]

Ekso Bionics Now Trading on NASDAQ

August 10, 2016 // 3 Comments

Ekso Bionics, one of the first exoskeleton startups, has been uplisted to the NASDAQ Stock Market.  This marks a giant step forward for Ekso Bionics and dozens of newer wearable robotics companies that are considering going public. Ekso Bionics is based in Richmond, CA.  It has been developing able-body and rehabilitation exoskeletons for over [more]

Bioservo Maker of the SEM Glove Enters License Agreement With NASA and GM

July 14, 2016 // 4 Comments

NASA, General Motors and Bioservo enter into the ultimate alliance to bring power gloves to the workplace.  For the exoskeleton field, this is the greatest alliance between theoretical science and commercial engineering for an industrial application. This is not the ProGlove (proglove.de) that made the news last month.  The ProGlove is an IoT [more]

The Difficulties in Investing in Exoskeleton Companies

June 30, 2016 // 2 Comments

Even taking Brexit into consideration, Ekso Bionics and ReWalk Robotics, two of the largest publicly traded exoskeleton companies are trading at or near all time lows.  This highlights that in the current climate it is difficult to invest in exoskeleton companies. Yesterday the publicly traded exoskeleton companies closed at: ReWalk Robotics [more]

When is the Exoskeleton Industry Inflection Point and Where Are The Orders?

June 21, 2016 // 3 Comments

The vast majority of exoskeleton companies are losing money leaving many investors to wonder when are we going to reach the inflection point?  The exoskeleton industry inflection point is the time when the major companies in the field start turning a profit.  Another side of the same question is the low number of exoskeleton sales.  If the [more]

Wyss Institute and ReWalk Robotics Form Collaboration, Is this a new trend?

June 8, 2016 // 3 Comments

On May 17, 2016 Harvard University’s Wyss Institute and ReWalk Robotics announced a collaboration to develop an exosuit for patients with limited mobility.  The soft exoskeleton will be used primarily for patients undergoing rehabilitation due to stroke or multiple sclerosis.  There are also plans to develop the Wyss exosuit as a general [more]

StrongArm Technologies V22 and FLx Now Sold on 3M’s Website

May 19, 2016 // 0 Comments

One large step for ErgoSkeletons™, one even larger step for all exoskeletons.  The V22 and FLx by StrongArm® Technologies have gone on sale on 3M’s website.  This is the first time an exoskeleton has gone on sale on a major North American website.  3M is a titanic distributor and manufacturer with over 55,000 products, predominantly in the [more]

Ekso Bionics 1-for-7 Reverse Split, Eyes Listing On NASDAQ

May 9, 2016 // 2 Comments

The California-based exoskeleton manufacturer, Ekso Bionics, entered a 1-for-7 reverse stock split on Wed, May 4th, 2016.  This comes only 6 days before its scheduled 1st Quarter of 2016 financial report.  Many in the financial community have already predicted this would happen.  Ekso stock has traded at or below the important $1.00 per share [more]

SuperFlex Spin-Off From SRI, Bay Area Becomes Exoskeleton Hub

April 26, 2016 // 0 Comments

SuperFlex is now the newest spin-off company of SRI Robotics, part of SRI International.  For the time being, SuperFlex will be the name of the company and their flagship exoskeleton/exosuit product.  Creating spin-off companies is a regular activity for SRI Robotics and it shows that enough people believe the FlexSuit is ready for commercial [more]

Ekso GT Cleared by FDA For Clinical Use

April 12, 2016 // 0 Comments

The Ekso GT by Ekso Bionics has finally been cleared by the FDA for clinical use.  The company received clearance to market its exoskeleton for use in rehabilitation centers for the treatment of individuals with hemiplegia due to stroke, individuals with spinal cord injuries at levels T4 to L5, and individuals with spinal cord injuries at levels [more]
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