Powered exoskeleton

Verve Motion Unveils Integrated Software and Data Analytics Platform to Elevate Industrial Worker Safety and Operations with its Wearable Robotics Exosuit

Retrieved on: 
Wednesday, March 6, 2024

Verve Logic™ software and data analytics platform paves the way for game-changing enhancements in industrial worker safety when used in combination with SafeLift™ exosuit solution.

Key Points: 
  • Verve Logic™ software and data analytics platform paves the way for game-changing enhancements in industrial worker safety when used in combination with SafeLift™ exosuit solution.
  • The combination of a software platform and unique data analytics, which build off industry standard risk factors, provides ergonomic-based insights for individual worker safety metrics.
  • CAMBRIDGE, Mass., March 6, 2024 /PRNewswire/ -- In a significant stride toward shaping the future of industrial safety, Verve Motion today introduced a software and data analytics platform, Verve Logic™, seamlessly integrated into its innovative wearable robotics SafeLift™ exosuit.
  • Now available as a standard feature with the SafeLift exosuit, the Verve Logic platform delivers cutting-edge safety analytics.

New Study Reveals Exosuits Increase Productivity, Worker Well-Being

Retrieved on: 
Thursday, January 25, 2024

The study was conducted over a nine-week span with 40 employees, each fitted and trained on the HeroWear Apex 2 exosuit.

Key Points: 
  • The study was conducted over a nine-week span with 40 employees, each fitted and trained on the HeroWear Apex 2 exosuit.
  • Nearly all employees who completed the study experienced an increase in productivity compared to their baseline and most reported feeling less fatigued.
  • These industry findings go a step further by demonstrating how exosuits can benefit both worker safety and operational performance.
  • To download the case study, discover additional research regarding exosuits, or experiment with the ROI calculator, please visit herowearexo.com .

Handicap Assistance Robots Market report from 2022-2027 by Technavio - The market size to grow by USD 2.48 billion during the forecast period

Retrieved on: 
Monday, December 18, 2023

As a result, the continual evolution of robotics and AI is anticipated to propel the growth of the handicap assistance robots market in the forecast period.

Key Points: 
  • As a result, the continual evolution of robotics and AI is anticipated to propel the growth of the handicap assistance robots market in the forecast period.
  • The Handicap Assistance Robots Market exhibits significant growth potential, driven by technological advancements, government support, and evolving consumer needs.
  • Service Robotics Market : The service robotics market is estimated to grow at a CAGR of 22.75% between 2022 and 2027.
  • Wearable Robots and Exoskeletons Market: The Wearable Robots and Exoskeletons Market size is estimated to grow at a CAGR of 33.11% between 2022 and 2027 and the size of the market is forecast to increase by USD 4,718.14 million.

Verve Motion Raises $20 Million in Series B Financing

Retrieved on: 
Wednesday, December 13, 2023

CAMBRIDGE, Mass., Dec. 13, 2023 /PRNewswire/ -- Pioneering the future of industrial safety, Verve Motion, a Harvard University spinout, today announced it has reached a significant milestone by securing $20 million in Series B funding. This achievement, raising the company's total funding to over $40 million, marks a crucial step in the company's rapid expansion and the widespread adoption of its innovative industrial-use connected wearable technology, SafeLift™ exosuit.

Key Points: 
  • CAMBRIDGE, Mass., Dec. 13, 2023 /PRNewswire/ -- Pioneering the future of industrial safety, Verve Motion, a Harvard University spinout, today announced it has reached a significant milestone by securing $20 million in Series B funding.
  • Occupational back pain ranks as the most frequent injury, with more than one million workers suffering back injuries annually.
  • "The era of transformation in workplace safety and productivity is here," said Ignacio Galiana, the CEO and Co-founder of Verve Motion.
  • "As a lead investor in the Series B funding, we are excited to fuel the growth and innovation of Verve Motion, a trailblazing force in wearable robotics," said Arunas Chesonis, co-founder of Safar Partners.

GUNDAM Deploys to the Las Vegas Grand Prix, Partnering With Scuderia AlphaTauri

Retrieved on: 
Tuesday, November 7, 2023

Bandai Namco Entertainment America Inc. is bringing the GUNDAM franchise to the Formula 1® grid by partnering with Scuderia AlphaTauri S.p.A. for the upcoming Las Vegas Grand Prix, which takes place Nov. 16-18.

Key Points: 
  • Bandai Namco Entertainment America Inc. is bringing the GUNDAM franchise to the Formula 1® grid by partnering with Scuderia AlphaTauri S.p.A. for the upcoming Las Vegas Grand Prix, which takes place Nov. 16-18.
  • The sponsorship adds GUNDAM decals of the RX-78-2 GUNDAM and XVX-016 GUNDAM Aerial next to the drivers’ helmets on the headrests of the Scuderia AlphaTauri AT04s as they battle for points around the Las Vegas Strip Circuit™.
  • For the Las Vegas Grand Prix, GUNDAM decals will be on the headrests of both AT04 cars from Scuderia AlphaTauri.
  • We immediately embraced the GUNDAM spirit and are delighted to welcome them as a partner of Scuderia AlphaTauri for the 2023 Las Vegas Grand Prix,” said Fabian Wrabetz, Director of Marketing and Communication at Scuderia AlphaTauri.

Military Wearable Sensors Market size is set to grow by USD 160.7 million from 2022 to 2027 | Increased spending on military modernization programs drives the market - Technavio

Retrieved on: 
Tuesday, September 5, 2023

NEW YORK, Sept. 4, 2023 /PRNewswire/ -- The military wearable sensors market size is estimated to grow by USD 160.7 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Sept. 4, 2023 /PRNewswire/ -- The military wearable sensors market size is estimated to grow by USD 160.7 million from 2022 to 2027, according to Technavio.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global military wearable sensors market.
  • The Wearable Robots and Exoskeletons Market size is estimated to grow at a CAGR of 33.11% between 2022 and 2027 and the size of the market is forecast to increase by USD 4,718.14 million.
  • The Military Satellite Payloads and Subsystems market size is estimated to grow at a CAGR of 7.97% between 2022 and 2027.

Global Exoskeleton Market Research Report 2022: A $2.5 Billion Market by 2028 - Analysis by Technology, Mobility, Body Type, & End-User - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 17, 2023

The "Global Exoskeleton Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Technology, Mobility, Body Type, End-User Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Exoskeleton Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Technology, Mobility, Body Type, End-User Region" report has been added to ResearchAndMarkets.com's offering.
  • The adoption of the exoskeleton in the healthcare sector for robotic rehabilitation is likely to drive market growth.
  • Adoption of the exoskeleton in the healthcare sector for robotic rehabilitation is driving the growth of the global Exoskeleton market.
  • The High Cost of exoskeletons is one of the Major challenges hindering the growth of the global exoskeleton market.

Global Powered Exoskeleton Market (2022 to 2028) - Featuring Bionic Power, Cyberdyne and Daewoo Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 9, 2022

The global powered exoskeleton market is anticipated to grow at a exponential CAGR of 42.6% during the forecast period.

Key Points: 
  • The global powered exoskeleton market is anticipated to grow at a exponential CAGR of 42.6% during the forecast period.
  • There is a demand for industrial robots in industries for carrying heavy weights which can boost the demand for this powered exoskeleton market.
  • The Asia-Pacific region is expected to be the fastest-growing region in the powered exoskeleton market during the forecast period.
  • Insights about market determinants that are stimulating the global Powered Exoskeleton market.

2021 PHBS-CJBS Global Pitch Competition Final Held in Shenzhen

Retrieved on: 
Friday, November 26, 2021

SHENZHEN, China, Nov. 26, 2021 /PRNewswire/ -- The Grand Final of the 2021 PHBS-CJBS Global Pitch Competition was held on November 12 in Shenzhen, China.

Key Points: 
  • SHENZHEN, China, Nov. 26, 2021 /PRNewswire/ -- The Grand Final of the 2021 PHBS-CJBS Global Pitch Competition was held on November 12 in Shenzhen, China.
  • As one of the key events of the "2021 National Mass Innovation and Entrepreneurship Week & the 7th Shenzhen International Maker Week ", the event attracted more than 3,000 investors, startup entrepreneurs,and audience, both on-site and online.
  • After a series of competitive pitching sessions over the last year, ten startups made it to the final round.
  • Consisting of well-recognized scholars, venture capitalists, and entrepreneurs, the Entrepreneurship and Venture Capital Advisory Board of PHBS was also established and held its first meeting.

Ekso Bionics to Report Second Quarter 2021 Financial Results on July 29, 2021

Retrieved on: 
Thursday, July 22, 2021

RICHMOND, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO), an industry leader in exoskeleton technology for medical and industrial use, today announced that it will release financial and business results for the second quarter 2021 after the close of trading on Thursday, July 29, 2021.

Key Points: 
  • RICHMOND, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO), an industry leader in exoskeleton technology for medical and industrial use, today announced that it will release financial and business results for the second quarter 2021 after the close of trading on Thursday, July 29, 2021.
  • ET to discuss the financial results and recent business developments.
  • Founded in 2005, Ekso Bionics continues to build upon its industry-leading expertise to design some of the most cutting-edge, innovative wearable robots available on the market.
  • Ekso Bionics is headquartered in the San Francisco Bay Area and is listed on the Nasdaq Capital Market under the symbol EKSO.