Corindus Vascular Robotics goes public

01 June 2015

share this:

Corindus Vascular Robotics raised $42 million last week by offering 11 million shares at $3.80 and going public on the NYSE MKT exchange, a special market for small-cap growth companies.

Corindus, which sells the CorPath robotic angioplasty system that aid stent placement during coronary angioplasties from the safety of a radiation-protected interventional work console, had previously been trading on the over-the-counter market.

Corindus joins other robotics-related publicly-traded healthcare companies such as Accuray, Cyberdyne, Mazor Robotics, Hansen Medical, Stereotaxis, Intuitive Surgical, Titan Medical, Stryker and Johnson & Johnson.

There has been much media attention recently to the stocks of robot manufacturers. Two items of particular interest are:

Robots. The new era. By Andrea Forni.
  • A new book Robots. The New Era by Andrea Forni that is targeted to investors. The book first describes how robotics will become a key factor in the development of the global economy over the coming years, and how the spread of robots in the next 5-10 years will lead to a radical change in how millions of people live and work. The book then features many comparison tables and 50 analysis sheets of the main US, European and Asian robotic companies and their stocks.
  • An article by Michael Robinson, These Robots Can Beat the Market by 100% in which the author lists a variety of robotics-related stocks and describes the Robo-stox Global Robotics & Automation Index, which he says is “clearly rooted in the hardware that defines the conventional robotics industry… and covers just about every conceivable robotics angle.”

tags: , ,

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.

Related posts :

Tesla’s Optimus robot isn’t very impressive – but it may be a sign of better things to come

Musk has now unveiled a prototype of the robot, called Optimus, which he hopes to mass-produce and sell for less than US$20,000 (A$31,000).
04 October 2022, by

Bipedal robot achieves Guinness World Record in 100 metres

Cassie the robot, developed at Oregon State University, records the fastest 100 metres by a bipedal robot.
03 October 2022, by and

Breaking through the mucus barrier

A capsule that tunnels through mucus in the GI tract could be used to orally administer large protein drugs such as insulin.
02 October 2022, by

Women in Tech leadership resources from IMTS 2022

There’ve been quite a few events recently focusing on Women in Robotics, Women in Manufacturing, Women in 3D Printing, in Engineering, and in Tech Leadership. One of the largest tradeshows in the US is IMTS 2022. Here I bring you some resources shared in the curated technical content and leadership sessions.
29 September 2022, by and

MIT engineers build a battery-free, wireless underwater camera

The device could help scientists explore unknown regions of the ocean, track pollution, or monitor the effects of climate change.
27 September 2022, by

How do we control robots on the moon?

In the future, we imagine that teams of robots will explore and develop the surface of nearby planets, moons and asteroids - taking samples, building structures, deploying instruments.
25 September 2022, by , and

©2021 - ROBOTS Association


©2021 - ROBOTS Association