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Clearday Inc. (CLRD) is a dynamic company focused on transforming the quality of life for aging individuals. Headquartered in Austin, TX, Clearday has a long-standing history of innovation, initially emerging as Superconductor Technologies Inc. (STI) in 1987, known for its groundbreaking work in high temperature superconducting (HTS) materials.
Clearday has transitioned its expertise to the healthcare sector, specifically targeting the senior living and aging care market. Leveraging its deep technological roots, the company is pioneering advanced solutions for elderly care, including residential communities, adult day care services, and innovative digital health products.
Core Business and Products:
- Clearday Living: A network of state-of-the-art senior living facilities that provide comprehensive care and support for aging individuals, focusing on enhancing their quality of life.
- Digital Health Innovations: Clearday is at the forefront of developing digital platforms and applications aimed at improving senior health care and simplifying the management of health services for the elderly.
- Adult Day Care Services: The company offers day care solutions designed to provide a safe and stimulating environment for seniors, allowing them to engage in various activities and receive professional care.
Recent Achievements and Projects:
- Successful integration of advanced HTS technologies into healthcare solutions.
- Expansion of Clearday Living facilities across multiple states, enhancing accessibility to quality senior care.
- Strategic partnerships with healthcare providers to develop and distribute innovative senior care products.
Financial Condition: Clearday Inc. is financially stable, with a focus on sustainable growth through investment in cutting-edge healthcare technologies and expansion of its service offerings.
Partnerships: The company collaborates with various healthcare and technology firms to enhance its product offerings and improve the overall quality of senior care services.
Clearday Inc. continues to leverage its historical expertise in HTS materials and cryogenics to develop energy-efficient, cost-effective solutions, ensuring high performance in all its healthcare applications.
For more information and the latest updates on Clearday Inc., visit their website or contact their investor relations department.
Clearday, Inc. (OTCQX:CLRD) announced plans to diversify its income by acquiring two adjacent senior living properties in the Southeastern United States. The acquisition, projected to cost around $44 million, is expected to generate approximately $8.5 million in total revenues, catering to over 200 residents. A draft purchase agreement is expected by January 30, 2023, with closing contingent on standard conditions. CEO James Walesa emphasized the opportunity to expand services and integrate innovative care solutions, capitalizing on population shifts towards the Southern states.
Clearday is excited about the acceptance of its Mitra Robot by the TRECS Institute, which plans to expand its Grant Application Program to purchase Mitra Robots in 30 states during Q1 2023, and in all 50 states by the end of Q2 2023. Each grant aims to secure around $500,000 for 12-16 robots in skilled nursing homes. TRECS boasts a 70% approval rate for grant requests, indicating potential growth in the elder care sector.
Increased demand for elder care technology aligns with demographic trends, predicting over 82 million adults aged 65+ by 2030.
Clearday (OTCQX: CLRD) announced that TRECS Institute has applied for a grant from Pennsylvania's Civil Penalty Fund to purchase Mitra robots for skilled nursing facilities. This program aims to enhance care options through robotic services, including Clearday's proprietary digital programming. A provisional order from a pilot facility has been received, with plans for expansion nationwide. CEO James Walesa emphasized the importance of technology in elder care and the potential for significant revenue generation in 2023.
Clearday, a leader in elder care solutions, has partnered with TRECS Institute to enhance its Companion Robotics for senior care. This Joint Venture aims to accelerate robotic sales in skilled nursing facilities, addressing the growing caregiver shortage. The collaboration will pursue grant opportunities to fund the acquisition of robots, aiming to support nursing staff and improve resident engagement. Strong market potential is recognized, with over 15,000 facilities in the U.S., positioning Clearday to significantly increase revenue in a crucial healthcare sector.
Clearday (OTCQX: CLRD) reports initial success of its pilot program featuring Mitra, a companion robot aimed at improving the aging experience at home. The pilot, launched in Ann Arbor, Michigan, integrates the robot with care from family and professionals for those facing cognitive challenges like dementia. The company aims to enhance the home care experience through advanced data collection and analysis.
CEO James Walesa highlights that Mitra supports older adults with cognitive impairments, enabling them to age at home while reducing caregiver stress and costs.
Clearday (OTCQX: CLRD) has announced a partnership with Chandler Hall Health Services to implement its innovative companion robotics within their healthcare system. This initiative aims to address worker shortages in the healthcare sector, enhancing care for geriatric patients. The company is optimistic about generating additional revenue streams from its robotic services, as they expand their offerings into both residential and home care markets. Clearday's mission focuses on making high-quality, accessible care options for older Americans.
Clearday (OTCQX: CLRD) has expanded its robotic sales with new professionals in California, Arizona, Florida, and Texas, targeting a market of over 22 million Americans with cognitive disorders. Their Mitra robot aims to enhance care and allow seniors to age in place with engaging, affordable solutions. Key features include AI, autonomous navigation, safety alerts, and 24/7 management. Clearday also plans to serve residential care communities, home health agencies, and at-home care markets, emphasizing its potential to improve care efficiency and reduce costs for caregivers.
Clearday, Inc. (OTCQB:CLRD) announces plans to launch an initial fleet of proprietary robots named "Mitra" aimed at enhancing healthcare services for older Americans with cognitive challenges. Set for deployment in July, these robots will leverage advanced technology and proprietary streaming services to improve engagement and quality of life for residents in senior communities. The Mitra robots also provide physical therapy exercises and track performance. CEO Jim Walesa highlights the positive impact of the technology on resident engagement.
Clearday Inc. (OTCQX: CLRD) announced the assembly and upcoming delivery of its Mitra robots in July 2022, aimed at assisting residents with cognitive challenges. These robots leverage advanced technology and proprietary streaming services to enhance engagement and healthcare quality for older Americans. Successful use cases show increased resident interaction with Mitra compared to traditional media. Clearday's Chairman expressed pride in improving life quality through robotic services, which include personalized engagement and exercise tracking, furthering the company's vision for cost-effective elder care.
Clearday, Inc. (OTCQB: CLRD) has announced the launch of its Clearday at Home digital care service through Association Healthcare Partners (AHP). This initiative targets members of the Independent Route Drivers Association of America (IRDAA) to enhance sales. CEO James Walesa highlighted the aim to support older Americans in aging comfortably at home. Clearday at Home provides caregivers with resources, including daily wellness streams and 24/7 access to a digital library, positioning the service as a cost-effective solution for in-home care.
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