Exoskeleton Report Newsletter – March 13, 2025 (Week #11)
Global Innovation Challenge 2025
-Ad- The Global Innovation Challenge 2025 is open for applications. Innovators from around the world can participate in this competition, which aims to advance exoskeleton and wearable robotics technology.
Trexo Robotics Launches “The Mobility Mindset” Podcast
Trexo Robotics has introduced a new podcast, The Mobility Mindset. The first episode (Part 1) features a parent sharing their experience before and after discovering the Trexo pediatric exoskeleton for their son. This emotional story highlights the transformative impact of mobility aids on children’s lives. The podcast has reached its 6th episode and is available on various platforms.
Artificial Muscles for Tremor Suppression – The Max Planck Institute for Intelligent Systems has developed a robotic hand that experiences controlled tremors. This prototype serves as a testbed for exoskeletons designed to suppress tremors in individuals with movement disorders.
Exosense: A Vision-Based Scene Understanding System for Exoskeletons – Exosense applies vision-based scene understanding to exoskeletons, similar to robotic vacuum cleaners that map their environment. If autonomous vacuums can navigate efficiently, why not medical exoskeletons? This technology could lead to smarter exoskeletons that adapt to real-world environments.
Lifeward (ReWalk) 2024 Annual Results – Lifeward reported $25.7 million in revenue for 2024, an 85% increase from 2023. Growth was driven by:
- $7.9 million from AlterG following its acquisition.
- $3.9 million from ReWalk Personal Exoskeletons due to Medicare coverage expansion.
Future growth is expected through increased coverage, third-party reimbursement, and expanded rehabilitation clinic sales. Additionally, CorLife will be the exclusive distributor of ReWalk Personal Exoskeletons for individuals with Workers’ Compensation claims.
Myomo Q4 Financial Results
- Revenue reached $12.1 million, a 154% increase year-over-year.
- 220 revenue units were sold, doubling from the prior year.
- First-ever positive quarterly cash flow.
Myomo scaled operations to serve Medicare Part B patients, positioning itself for continued success in 2025.
Excellent Exo Chat Returns
Bill and Nora are back with Excellent Exo Chat, discussing the integration of exoskeletons into clothing. Comfort and fit remain major considerations—could an exoskeleton ever be comfortable enough to sleep in?
The Human Part of Humotech Podcast – Episode 7
Candice Caputo speaks with Elaine Kachala, author of Superpower: The Wearable-Tech Revolution. The discussion explores wearable technology, STEM education, and ethical innovation, particularly for assistive robotics and young audiences.
Consumer exoskeleton videos flood the internet:
Originally launched on Kickstarter, Hypershell and CDYS consumer exoskeletons are gaining traction through influencer reviews and real user testimonials. Many buyers are sharing their experiences and weighing the benefits of these hiking-focused exoskeletons, which aim to enhance mobility without being classified as medical devices.
SXSW 2025 AI Innovation Award – Wandercraft
Wandercraft’s self-balancing exoskeleton won the Artificial Intelligence Innovation Award at SXSW 2025. The device demonstrates advancements in autonomous balance control for powered exoskeletons.
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