electroCore Announces the Commercial Launch of TAC-STIM™
electroCore has launched TAC-STIM™, an advanced non-invasive vagus nerve stimulator designed for active-duty military use. The device, developed with the US military, aims to enhance human performance by improving focus, reducing fatigue, and accelerating learning by 20-35%. TAC-STIM is portable and uses electroCore's patented technology for precise vagus nerve stimulation. It has been independently tested by the Air Force Research Laboratory and Air Force Special Operations Command, showing reliable performance in various operational settings. TAC-STIM is now available for wholesale purchase.
- Launch of TAC-STIM, an advanced non-invasive vagus nerve stimulator.
- Developed in collaboration with the US military, enhancing credibility.
- Device improves learning speed by 20-35%, focus, and reduces fatigue.
- Independently tested by AFRL and Air Force Special Operations Command.
- Available for wholesale purchase, potentially boosting revenue.
- None.
Insights
The launch of the next-generation TAC-STIM™ by electroCore is noteworthy for its novel use of non-invasive vagus nerve stimulation (nVNS) technology. This device, aimed at enhancing cognitive performance and reducing fatigue among military personnel, underscores electroCore's commitment to harnessing advanced bioelectronic medicine.
This move highlights the company's strategy to differentiate itself in the bioelectronic market by focusing on specialized applications with a significant end-user, like the U.S. military. Given the device's development and testing in collaboration with the Air Force Research Laboratory and the Air Force Special Operations Command, the reliability and efficacy claims carry more weight.
The potential for 20-35% faster learning and 12-24 hours of reduced fatigue represents a substantial technological advancement. Still, investors should consider the practical uptake and real-world efficacy outside controlled testing environments. The exclusive focus on military applications may limit immediate revenue streams but could pave the way for broader applications in other high-stress professional environments.
The commercial launch of TAC-STIM™ could significantly impact electroCore's market position. The U.S. military's endorsement and the device's specific benefits indicate a strong product-market fit within the defense sector. However, a potential risk lies in the niche market scope, which may limit revenue diversification.
It's essential to watch how electroCore leverages this military partnership to build credibility and expand their technology into other sectors. The data from independent testing by AFRL, showing enhanced performance and reduced fatigue, provides a robust selling point that can attract attention from other industries requiring high cognitive and physical performance, such as emergency responders or athletes.
For retail investors, the key elements to monitor are electroCore's ability to secure contracts and scale production efficiently. While the device shows promise, sustained financial success will depend on the company's execution and market expansion strategy beyond the defense sector.
Upgraded TAC-STIM enhances Energy, Focus and Readiness
ROCKAWAY, N.J., June 25, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, is thrilled to announce the Commercial Off the Shelf (COTS) availability of the next generation TAC-STIM™, a non-invasive vagus nerve stimulator (nVNS) designed in partnership with the US military to enhance human performance exclusively for active-duty military use.
TAC-STIM is a cutting-edge device that can accelerate learning and improve mood and cognitive performance. TAC-STIM is a portable, easy-to-use tool that leverages electroCore's patented technology to deliver precise and effective vagus nerve stimulation, helping war fighters and operators learn new tasks, increase readiness and mitigate fatigue across a range of high-pressure operational environments.
TAC-STIM was originally developed in close collaboration with the 711th Human Performance Wing at the Air Force Research Laboratory (AFRL), Wright-Patterson AFB, OH, as part of the United States Department of Defense Biotech Optimized for Operational Solutions and Tactics (BOOST) program. Independent testing by AFRL and Air Force Special Operations Command consistently demonstrated its capabilities across a range of operational settings. electroCore continues to participate in collaborative research to further enhance TAC-STIMs operational utility and showcase how TAC-STIM can enhance performance, reduce fatigue, and accelerate training without adverse effects.
Key benefits of TAC-STIM include:
- Improve performance and combat fatigue for 12-24 hours under extreme conditions
- 20
-35% faster learning of complex material - Enhance ability to multi-task
- Significantly decreased fatigue and increased focus
"TAC-STIM represents a significant advancement in our mission to support those who serve," said Dan Goldberger, CEO of electroCore. "By enhancing force readiness, TAC-STIM has the potential to make a substantial impact on the effectiveness and wellbeing of military personnel."
TAC-STIM is available for wholesale purchase only. More information is available at www.TAC-STIM.com, or contacting us by phone at 888-901-7846 or by email at support@tac-stim.com.
About electroCore, Inc.
electroCore, Inc. is a commercial stage bioelectronic medicine and wellness company dedicated to improving health and promoting general wellness through its non-invasive vagus nerve stimulation (“nVNS”) technology platform. The company is focused on the commercialization of medical devices for the management and treatment of certain medical conditions and consumer product offerings utilizing nVNS to promote general wellbeing and human performance in the United States and select overseas markets.
For more information, visit www.electrocore.com.
About TAC-STIM
Proudly made in the USA, TAC-STIM™ is a non-invasive vagus nerve stimulator (nVNS ) that utilizes the company’s patented technology to stimulate the vagus nerve. This portable device is designed to work quickly, and enhances human performance by improving memory retention, attention, and mood, accelerating training, and decreasing fatigue. TAC-STIM is a low-risk general wellness product and is not intended to treat or diagnose any medical condition or disease.
For more information, visit www.tac-stim.com.
Forward-Looking Statements
This press release and other written and oral statements made by representatives of electroCore may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements about electroCore's business prospects, new and existing wellness and mental acuity product offerings including the next generation TAC-STIM, commercialization of the next generation TAC-STIM, new ecommerce site, and clinical and product development plans; its pipeline or potential markets for its technologies; the timing, outcome and impact of regulatory, clinical and commercial developments including focus group study results; the Company’s business prospects in the United States (including its e-commerce initiatives) and other new markets and other statements that are not historical in nature, particularly those that utilize terminology such as "anticipates," "will," "expects," "believes," "intends," other words of similar meaning, derivations of such words and the use of future dates. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to raise the additional funding needed to continue to pursue electroCore’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, the ability to commercialize gammaCore™, the ability to successfully launch and commercialize Truvaga Plus and TAC-STIM, electroCore’s results of operations and financial performance, and competition in the industry in which electroCore operates and overall market conditions. Any forward-looking statements are made as of the date of this press release, and electroCore assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Investors should consult all of the information set forth herein and should also refer to the risk factor disclosure set forth in the reports and other documents electroCore files with the SEC available at www.sec.gov.
Contact:
ECOR Investor Relations
(973) 302-9253
investors@electrocore.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/26df7d19-48c7-4e5e-af28-6c5f0e09e581
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