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Ekso Bionics - EKSO STOCK NEWS

Welcome to our dedicated page for Ekso Bionics news (Ticker: EKSO), a resource for investors and traders seeking the latest updates and insights on Ekso Bionics stock.

Overview

Ekso Bionics is a pioneering company in the realm of robotic exoskeleton and wearable robotics technology. Since its inception in 2005, the company has been dedicated to enhancing human mobility, strength, and endurance through advanced exoskeleton systems. Targeting both healthcare and industrial markets, Ekso Bionics offers solutions that significantly improve the quality of life for individuals with mobility impairments and increase productivity for industries engaged in repetitive or physically strenuous tasks. The company’s expertise in engineering and design underpins its contributions to assistive technology and industrial augmentation, addressing critical challenges in human performance.

Core Business Areas

Ekso Bionics operates primarily through two main segments: EksoHealth and EksoWorks. The EksoHealth segment is focused on applications in the medical field, where its exoskeleton systems help individuals with paralysis or other mobility limitations regain the ability to walk and engage in daily activities. These systems are designed and controlled by trained professionals, ensuring that each device meets stringent safety and efficacy standards.

The EksoWorks segment, on the other hand, caters to the industrial market. This segment develops exoskeletons that assist able-bodied workers by reducing physical strain during repetitive or labor-intensive tasks. With products designed to support endurance and reduce the risk of injury in workplace environments, this division reflects the company’s commitment to innovative industrial applications of wearable robotics.

Technology and Innovation

At the heart of Ekso Bionics is a deep commitment to engineering excellence and ongoing innovation. The company’s solutions are characterized by sophisticated sensor arrays, intuitive control systems, and durable design principles that make the exoskeletons highly adaptable in diverse operational settings. The advanced algorithms and real-time monitoring capabilities built into these devices illustrate the company’s dedication to melding robotics with human need. The integration of state-of-the-art sensor technology ensures that the systems are responsive, safe, and tailored to individual user requirements.

Market Position and Industry Significance

Ekso Bionics has carved out a unique position in the field of assistive and industrial technologies. As a major participant in the wearable robotics industry, the company leverages decades of engineering expertise to address the pressing challenges of human mobility and workplace safety. Its innovations have paved the way for redefined standards in rehabilitation and industrial support, thereby reinforcing its role as a key player within both the healthcare and industrial sectors. The company’s groundbreaking products continue to influence market trends and technical standards in biomechanics and robotics.

Operational Scope and Global Reach

The company’s operations are predominantly based in the United States, yet its footprint spans across the Americas, European, Middle Eastern, African, and Asia-Pacific markets. This extensive geographical presence underlines its ability to serve diverse customers and adapt its technology to meet regional regulatory standards and specific market needs. The global strategy of Ekso Bionics emphasizes robust research and development, continuous product improvement, and comprehensive customer support through specialized training and service networks.

Competitive Differentiators

Ekso Bionics sets itself apart through its commitment to innovation, safety, and efficacy in design. Its products are not mere mechanical supports but are sophisticated platforms that integrate advanced control systems with ergonomic design principles. By focusing on user-centric design and leveraging years of experience in robotics engineering, the company effectively addresses both clinical challenges and industrial requirements, thereby ensuring that its solutions remain adaptable and of high value. Key differentiators include rigorous testing standards, continuous innovation in sensor and control technologies, and an integrated approach to addressing both healthcare and industrial mobility challenges.

Insights for Investors and Industry Observers

This detailed overview of Ekso Bionics is designed to offer a deep dive into its business operations and technological advancements. The company is recognized for its pioneering work in developing solutions that enhance everyday human capabilities. Investors and industry analysts can view Ekso Bionics as a study in how sophisticated engineering and a clear focus on user needs can drive both product innovation and market relevance. Despite the complexities and challenges inherent in the robotics and assistive device sector, the company continues to build on its legacy of improving human performance in both healthcare and industrial settings.

Key Industry Terminology and Concepts

  • Wearable Robotics - Systems designed to augment human physical performance through mechanical support.
  • Exoskeleton Technology - Devices worn over the body that provide additional strength and endurance.
  • Assistive Technology - Tools that help individuals with disabilities achieve improved mobility and independence.
  • Industrial Augmentation - Technological solutions crafted to reduce physical strain and enhance workplace productivity.

Conclusion

In summary, Ekso Bionics stands as a notable contributor to the evolution of wearable robotics, with a dual focus that spans both healthcare assistance and industrial support. Its expertise in bridging sophisticated engineering with practical, user-oriented solutions makes it a significant entity within its industry. By continually refining its technology and adapting to the evolving needs of its customers, Ekso Bionics demonstrates profound technical competence and operational resilience. This comprehensive profile not only encapsulates the company’s core strengths and market significance but also serves as an insightful resource for those seeking a deep understanding of the evolving field of robotic exoskeletons.

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Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) announced a securities purchase agreement with institutional investors for the purchase and sale of 2,967,742 shares of common stock at a purchase price of $1.55 per share, resulting in total gross proceeds of approximately $4.6 million before deducting expenses.
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Ekso Bionics Holdings, an industry leader in exoskeleton technology for medical and industrial use, announced the launch of GaitCoach™, its next generation gait therapy software for EksoNR. GaitCoach is designed to improve user trust in technology, provide impactful feedback, and offer specific guidance, making the device more intuitive and easier to use for both patients and physical therapists. The software has received positive feedback from experienced users, with 96% finding it intuitive and 93% believing it would be useful for new or less experienced therapists. However, the software is initially available only in the U.S.
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Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) announced preliminary top line financial results for the fourth quarter and fiscal year ended December 31, 2023. Total revenue for Q4 2023 is estimated to be in the range of $4.7 million to $4.9 million, compared to $3.6 million in Q4 2022. Total revenue for fiscal year 2023 is estimated to be in the range of $18.1 million to $18.3 million, compared to $12.9 million in 2022. Estimated cash as of December 31, 2023, was $8.6 million, compared to $20.5 million at December 31, 2022.
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Ekso Bionics Holdings, an industry leader in exoskeleton technology for medical and industrial use, announced that the Centers for Medicare & Medicaid Services has approved the use of Healthcare Common Procedure Coding System Code K1007 for billing Medicare for their Ekso Indego Personal device. The proposed payment level is $94,617, expected to take effect on April 1, 2024. This milestone is expected to substantially lower the cost of the device for eligible individuals with spinal cord injuries, improving health outcomes and enhancing quality of life.
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Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) announced its participation at the CMS HCPCS public meeting to discuss Medicare payment for Ekso Indego Personal, aiming to provide thousands of individuals with spinal cord injuries access to their exoskeleton technology. The company submitted a coding verification request for reimbursement claims and expects a determination soon. The CMS' final rule published on November 1, 2023, will classify certain exoskeleton-type devices as braces for Medicare payment purposes, with any national payment amount established from the meeting effective April 1, 2024. Ekso Indego Personal is a modular, lightweight exoskeleton, offering advanced gait modes for increased walking speeds and independence.
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Ekso Bionics Holdings, Inc. announces that the Centers for Medicare & Medicaid Services (CMS) has finalized its 2024 Home Health Rule, which includes exoskeletons in the Medicare brace benefit category. This ruling could significantly expand the market for Ekso Indego Personal, a modular and portable exoskeleton that provides increased mobility for individuals with spinal cord injuries. The ruling will go into effect on January 1, 2024.
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Ekso Bionics reports record quarter with $4.6 million in revenue, a 38% YoY increase. Sold 41 EksoHealth devices and achieved record quarter of EVO unit sales. Gross profit of $2.5 million, representing a gross margin of approximately 53%. Net loss narrowed to $3.4 million.
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Ekso Bionics to release Q3 2023 financial and business results
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Ekso Bionics supports CMS proposal to include personal exoskeletons in Medicare benefit category for braces, potentially expanding market for Ekso Indego Personal.
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Ekso Bionics Holdings to participate in fireside chat at H.C. Wainwright conference
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FAQ

What is the current stock price of Ekso Bionics (EKSO)?

The current stock price of Ekso Bionics (EKSO) is $0.4197 as of April 23, 2025.

What is the market cap of Ekso Bionics (EKSO)?

The market cap of Ekso Bionics (EKSO) is approximately 11.2M.

What is the primary focus of Ekso Bionics?

Ekso Bionics specializes in designing, developing, and manufacturing robotic exoskeletons for both healthcare and industrial applications, enhancing human strength and mobility.

How are Ekso Bionics' products used in the healthcare market?

In the healthcare sector, their exoskeleton systems assist individuals with mobility impairments by enabling walking and other movements, under the guidance of trained professionals.

What distinguishes Ekso Bionics in the field of wearable robotics?

The company combines advanced sensor technologies, ergonomic design, and robust engineering to produce exoskeletons that enhance human abilities and reduce physical strain.

Which markets does Ekso Bionics operate in globally?

Ekso Bionics operates in key regions including the Americas, EMEA, and APAC, reflecting a broad international footprint while basing most operations in the United States.

What are the two main segments of Ekso Bionics' business?

The company’s operations are divided into EksoHealth, which focuses on healthcare applications, and EksoWorks, which caters to industrial markets by designing exoskeletons for workplace support.

How does Ekso Bionics address workplace safety and productivity?

Through its industrial exoskeleton solutions, Ekso Bionics helps reduce physical strain for workers and improves workplace safety by allowing for repetitive tasks to be performed with enhanced support.

What role does innovation play in Ekso Bionics' strategy?

Innovation is central to the company’s approach, driving continuous improvements in exoskeleton technology and adapting to both medical and industrial needs with advanced control and sensor systems.
Ekso Bionics

Nasdaq:EKSO

EKSO Rankings

EKSO Stock Data

11.20M
26.68M
7.01%
16.31%
3.62%
Medical Instruments & Supplies
General Industrial Machinery & Equipment, Nec
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United States
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