Bay Area-based Ekso Bionics has developed a wearable bionic suit that’s meant to give those with mobility problems a little more spring in their step: Its exoskeleton, approved by the FDA, is meant to help the paralyzed or semi-paralyzed “walk” with a typical gait.
The publicly traded company has been developing robotic exoskeletons, or “wearable robots,” as it calls ’em, since 2005. They’re meant “to augment human strength, endurance and mobility.”
Ekso Bionics just raised $22.8 million, according to a regulatory filing, to further market and ramp up sales of its exoskeleton for those with impaired movement – but the funds will also go toward developing “able-bodied applications,” CEO Nathan Harding said in a statement.
When Investment Rhymes with Canada
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
Here’s a video of its technology:
