The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail

Recent Robotics-related IPOs

By Frank Tobe | April 21, 2014

Since late November, 2013 there have been three robotic companies that have gone public: Medtech, Ekso Bionics and Cyberdyne.

Ekso Bionics Holdings (OTCBB:EKSO):

In an alternative public offering in January, 2014, Ekso Bionics, a Delaware corporation headquartered in Richmond, California became a wholly-owned subsidiary of Ekso Bionics Holdings, a Nevada corporation. The new holding company changed its name from PN Med Group which was listed on the over-the-counter stock exchange as EKSO. Simultaneously the new company completed a $30.3 million private placement. The launch price was $2.50 per share.

Since then, Ekso has split off it's technology development into a separate division chartered to further intellectual property through engineering contracts and research grants including the DoD and Lockheed (which has licensed Ekso's HULC military version of exoskeleton) and collaborated with 3D Systems to debut the first ever 3D-printed hybrid robotic suit.

Since 2005, Ekso Bionics has researched and developed robotic exoskeletons, AKA wearable robots, to augment human strength, endurance and mobility. The company’s first commercially available product (called Ekso) has helped thousands of people living with paralysis take millions of steps not otherwise possible.

Medtech SAS (EPA:ROSA):

In November, 2013, Medtech SAS, launched an IPO worth approximately $27 million (€20 million) at a launch price of €26.75 with the ticker symbol ROSA. The stock is listed on Euronext Paris (EPA) Exchange.

Medtech is a France-based company that manufactures medical robots for surgical assistance. The Company's main product, the ROSA, combines neurosurgical planning software, navigation and robotic functions, haptic technology and visualization capabilities for both cranial neurosurgery and orthopedic surgery. 

Cyberdyne Inc (TYO:7779):

Not really an IPO, but notable anyway, on March 26, 2014, Cyberdyne let its stock be listed on the Tokyo Stock Exchange at a price of ¥3,700 ($36.06) with the ticker symbol of 7779. The stock launched with a flurry of publicity from scary to straightforward. Cyberdyne, after all, was the name of Skynet of the Terminator series of Arnold Schwarzenegger movies and HAL, the name of Cyberdyne's line of exoskeletons, was the name of the computer in the movie 2001: A Space Odyssey.

Subsequent to the launch, in a private placement of approximately $1 million dollars, 304,200 privately held shares were sold to raise funds needed for the acquisition of fixed assets and investment in a subsidiary.

Cyberdyne was established in June 2004 as a spin-off from the University of Tsukuba to build a strong research and development organization to provide technology and treatment methods in the field of physical movement and rehabilitation therapy. Working with insurers (healthcare and worker's compensation) in Germany and Japan, Cyberdyne has developed a complete line of exoskeleton products (HAL) for brain and mobility disabilities as well as non-medical purposes such as eldercare and worker assistance devices.

About The Author

Frank Tobe

Frank Tobe is the founder of The Robot Report and co-founder of ROBO Global which has developed a tracking index for the robotics industry, the ROBO Global™ Robotics & Automation Index. The index of ~90 companies in 13 sub-sectors tracks and captures the entire economic value of this global opportunity in robotics, automation and enabling technologies.

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

memic
Memic completes first U.S. cases with Hominis Surgical System
Image of mobile robot and fixed robot
Analog Devices launches affordable iTOF 3D camera for robotics applications
brady watkins
Brady Watkins appointed as President of SoftBank Robotics America
myoshirt
ETH Zurich develops wearable muscles

2021 Robotics Handbook

The Robot Report Listing Database

Latest Robotics News

Robot Report Podcast

Anders Beck introduces the UR20; California bans autonomous tractors
See More >

Sponsored Content

  • Magnetic encoders support the stabilization control of a self-balancing two-wheeled robotic vehicle
  • How to best choose your AGV’s Wheel Drive provider
  • Meet Trey, the autonomous trailer (un)loading forklift
  • Kinova Robotics launches Link 6, the first Canadian industrial collaborative robot
  • Torque sensors help make human/robot collaborations safer for workers

RBR50 Innovation Awards

Leave us a voicemail

The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Business Review
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Advertising
  • Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail