Phantom Neuro announced today that it raised $19 million in a Series A funding round to support its neural interface technology. Ottobock, a major company in the fields of prosthetics, orthotics and exoskeleton technology, led the financing. Existing investors, including Breakout Ventures, Draper Associates, LionBird Ventures, Time BioVentures and Risk and Return participated. New investors […]
Prosthetics
Lifeward launches next-gen ReWalk 7 personal exoskeleton in the US
Lifeward (Nasdaq:LFWD) announced today that it launched the next-generation ReWalk 7 personal exoskeleton in the United States. The company (formerly ReWalk Robotics) now plans to begin sales of the new, enhanced system in the U.S. Lifeward said it made the system available for personal use and in the clinical setting. It received FDA 510(k) clearance […]
Wandercraft enrolls first patient in self-balancing exoskeleton study
Wandercraft announced today that it enrolled the first participants in a clinical trial evaluating its Personal Exoskeleton system. The company describes the Personal Exoskeleton as the world’s first self-balancing exoskeleton designed for personal use. It says the first enrollments in the study mark a critical step in assessing how advanced robotic technology can enable independent, […]
Lifeward wins FDA nod for next-gen exoskeleton
Lifeward (Nasdaq:LFWD) announced today that it received FDA 510(k) clearance for its latest-generation personal exoskeleton device, ReWalk 7. ReWalk 7, the seventh generation of the exoskeleton platform made by Lifeward (formerly ReWalk Robotics), allows individuals with spinal cord injury (SCI) to stand and walk again. This version includes a number of new features, enhancements and […]
Lifeward CEO plans to retire
Lifeward (Nasdaq:LFWD) announced today that CEO Larry Jasinski plans to step down after 13 years at the company. Jasinski plans to serve in his existing roles through the second quarter of 2025 to assist with the transition to a successor. The Lifeward (formerly ReWalk Robotics) board appointed a special committee to direct the search for […]
Wandercraft launches clinical trial of personal exoskeleton
Wandercraft announced that it kicked off a landmark clinical trial for its Personal Exoskeleton technology. The Personal Exoskeleton aims to offer upright motion and walking independence for individuals with severe mobility impairments. It could deliver the benefits of standing, walking, bending and reaching, restoring the feeling of natural walking motion to everyday life. Wandercraft already […]
Lifeward announces $5M offering
Lifeward (formerly ReWalk Robotics) announced today that it entered into an agreement to sell ordinary shares for proceeds of $5 million. The Marlborough, Massachusetts-based company agreed to issue and sell more than 1.8 million shares priced at $2.75 apiece. In a concurrent placement, the company plans to issue unregistered short-term warrants. Those warrants enable the […]
Myomo prices $15M offering to increase headcount amid scale-up
Myomo (NYSE:MYO) announced today that it priced an underwritten offering of common stock worth proceeds of approximately $15 million. The Boston-based wearable exoskeleton maker is offering 3 million shares of common stock priced at $5 per share. In connection with the offering, the company granted the underwriter a 30-day option to purchase up to 450,000 […]
Neuralink to study BCI controlling assistive robotic arm
Neuralink says it received approval in the U.S. to launch a new feasibility trial for its brain-computer interface (BCI) technology. The new trial evaluates the use of the Elon Musk-backed company’s N1 BCI implant to control an investigational assistive robotic arm. Neuralink claimed in a post on X (the social media platform owned by Musk, […]
Lifeward launches AlterG anti-gravity tech in Germany
Lifeward (formerly ReWalk Robotics) announced today that it plans to begin selling its AlterG family of products in Germany, effective immediately. The company intends to begin selling the anti-gravity treadmill technology for physical rehabilitation through its German sales organization. AlterG first became available to German customers in 2013 through a distribution agreement with Physiomed Group. […]
Wandercraft exoskeleton used in Olympic torch relay
A paraplegic person carried the Olympic torch as part of the traditional relay using an exoskeleton developed by Wandercraft. Kevin Piette, 35, has been paraplegic since a motorcycle accident 11 years ago, according to Le Parisien. He works for Wandercraft, the company that built what it calls a Personal Exoskeleton that could help disabled people walk. […]