Robohub.org
 

Recent robotics-related IPOs


by
26 April 2014



share this:

3new-iposSince late November, 2013 there have been three robotic companies that have gone public on U.S. and global stock exchanges: 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 its 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.



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 :



Robot Talk Episode 126 – Why are we building humanoid robots?

  20 Jun 2025
In this special live recording at Imperial College London, Claire chatted to Ben Russell, Maryam Banitalebi Dehkordi, and Petar Kormushev about humanoid robotics.

Gearing up for RoboCupJunior: Interview with Ana Patrícia Magalhães

and   18 Jun 2025
We hear from the organiser of RoboCupJunior 2025 and find out how the preparations are going for the event.

Robot Talk Episode 125 – Chatting with robots, with Gabriel Skantze

  13 Jun 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Gabriel Skantze from KTH Royal Institute of Technology about having natural face-to-face conversations with robots.

Preparing for kick-off at RoboCup2025: an interview with General Chair Marco Simões

and   12 Jun 2025
We caught up with Marco to find out what exciting events are in store at this year's RoboCup.

Interview with Amar Halilovic: Explainable AI for robotics

  10 Jun 2025
Find out about Amar's research investigating the generation of explanations for robot actions.

Robot Talk Episode 124 – Robots in the performing arts, with Amy LaViers

  06 Jun 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Amy LaViers from the Robotics, Automation, and Dance Lab about the creative relationship between humans and machines.

Robot Talk Episode 123 – Standardising robot programming, with Nick Thompson

  30 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Nick Thompson from BOW about software that makes robots easier to program.

Congratulations to the #AAMAS2025 best paper, best demo, and distinguished dissertation award winners

  29 May 2025
Find out who won the awards presented at the International Conference on Autonomous Agents and Multiagent Systems last week.



 

Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2025.05 - Association for the Understanding of Artificial Intelligence


 












©2025.05 - Association for the Understanding of Artificial Intelligence