ReWalk Robotics (Nasdaq:RWLK) today unveiled new corporate branding to officially begin operating as “Lifeward.”
Beginning today, the company operates as Lifeward. Starting tomorrow, Jan. 30, 2024, its shares begin trading under the “LFWD” ticker on the Nasdaq market.
Lifeward aims to deliver solutions for rehabilitation, recovery and more in the face of physical limitation or disability. Offerings include the ReWalk Personal Exoskeleton, ReStore Exo-Suit and MyoCycle FES systems.
The branding change follows the August acquisition of AlterG. AlterG provides anti-gravity systems for use in physical and neurological rehabilitation. The transaction adds its current and future product lines to ReWalk’s existing portfolio of neurorehabilitation products. ReWalk also expects it to substantially expand its customer-facing capabilities and advance future growth opportunities.
“With the recent addition of innovative solutions like the AlterG Anti-Gravity systems to our portfolio, we have surpassed the vision of our original name,” said Larry Jasinski, CEO of Lifeward. “The transformation of ReWalk Robotics into Lifeward speaks to the broader goal of the company to be the driving force to elevate the standard of care in overcoming physical limitations and disabilities to empower individuals to do what they love.”
Chief Sales Officer Charles Remsberg added that the newly combined commercial team now represents the full portfolio of Lifeward solutions.
“We believe this will allow us to drive growth for our business through better support of our customers across the rehabilitation spectrum. We have a portfolio of innovative solutions designed to assist individuals in achieving their goals through improved functional and health outcomes – in the clinic as well as in the community,” Remsberg said.
