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Vicarious Surgical Inc - RBOT STOCK NEWS

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

Overview of Vicarious Surgical Inc

Vicarious Surgical Inc is redefining the field of surgical robotics by integrating cutting-edge technology with advanced surgical techniques. The company has developed a human-like robotic system paired with a state-of-the-art virtual reality surgical camera to provide minimally invasive surgery with superior 3D visualization. This revolutionary approach offers surgeons enhanced control and accuracy, delivering a surgical experience that merges the benefits of traditional open procedures with the efficiency and safety of minimally invasive methods.

Core Technologies and Innovations

The foundation of Vicarious Surgical Inc\'s platform is its highly dexterous robotic system, designed to replicate the intricate movements of the human hand. By integrating a virtual reality surgical camera, the company has created a solution that delivers true 3D visualization, enabling surgeons to view the operative field with an unprecedented level of detail. This synergy between robotics and immersive visual technology supports precise control during complex surgical procedures.

Key Components of the Surgical System

The company\'s comprehensive system is built around several essential components that work in tandem to optimize surgical outcomes:

  • Robotic Platform: A human-like robotic system engineered for exceptional dexterity and adaptability in surgical environments.
  • Virtual Reality Surgical Camera: An innovative camera system that offers immersive and high-definition 3D visualization to enhance surgical precision.
  • Minimally Invasive Interface: A design focus on single-port access that minimizes tissue disruption while maximizing operational efficiency.

Market Position and Industry Impact

Positioned within the competitive realm of medical robotics, Vicarious Surgical Inc addresses a critical need in the healthcare industry. Hospitals and leading healthcare facilities that seek to improve surgical outcomes and reduce patient recovery times are increasingly turning to technologies that offer improved precision and control. By focusing on innovations that combine 3D visualization with minimally invasive techniques, the company occupies a unique niche that bridges advanced robotics, virtual reality, and clinical application. This specialized focus not only enhances surgical efficiency but also contributes to a broader reimagining of the possibilities within modern healthcare delivery.

Business Model and Value Proposition

The company\'s business model is centered on the development and deployment of advanced surgical robotics systems that can be seamlessly integrated into existing hospital infrastructures. Its revenue generation strategy primarily involves the direct sale of these highly specialized systems to healthcare providers, supplemented by service and support models that ensure effective implementation and sustained operational excellence. The strategic design of the system, particularly its single-port access focus and immersive visualization, underpins its value proposition: elevating surgical performance while mitigating the risks typically associated with invasive procedures.

Operational Advantages and Clinical Benefits

The clinical advantages afforded by the integration of robotics with VR technology are multifold. Surgeons benefit from enhanced precision and a better view of the operative field, which translates into reduced procedural risks and faster patient recovery times. The minimally invasive nature of the procedures not only minimizes tissue damage but also contributes to reduced post-operative complications. This makes Vicarious Surgical Inc\'s technology an attractive option for healthcare providers committed to advancing patient care through innovative surgical techniques.

Competitive Landscape and Challenges

Operating in a field marked by stringent regulatory standards and rapid technological change, Vicarious Surgical Inc faces several challenges. The need for continuous clinical validation and adherence to safety protocols is paramount in a competitive industry where innovation is rapidly evolving. Nonetheless, the company\'s clear focus on integrating a human-like robotic system with next-generation visualization technology positions it uniquely against traditional surgical systems. By addressing the dual needs of surgical precision and operational efficiency, the company differentiates itself from competitors while contributing to cutting-edge advancements in the field.

Conclusion

Vicarious Surgical Inc is at the forefront of reimagining surgical care through its innovative robotics and visualization technologies. By ensuring that minimally invasive procedures are performed with enhanced accuracy and safety, the company contributes significantly to the evolution of surgical practices. Its technology not only improves patient outcomes but also transforms the way surgeons interact with state-of-the-art tools in the operating room. With a robust technological foundation and a clear commitment to enhancing surgical precision, Vicarious Surgical Inc continues to make a profound impact on modern healthcare practices.

Rhea-AI Summary

Vicarious Surgical (NYSE: RBOT) has signed a strategic development agreement with LSU Health New Orleans, Louisiana's flagship academic health sciences center. This partnership will provide Vicarious Surgical access to LSU Health's network of experienced robotic surgeons and supporting staff. The collaboration aims to validate training protocols and identify drivers of surgeon adoption for Vicarious Surgical's V1.0 system.

LSU Health New Orleans, which partners with University Medical Center (UMC), treats over 200,000 patients annually and is responsible for more than 1 million patient visits across its broader system. The partnership will allow Vicarious Surgical to conduct formative studies on the clinical and economic value of their system, particularly in regional care settings with an academic focus.

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Vicarious Surgical Inc. (NYSE: RBOT), a next-generation robotics technology company focused on improving surgical robotics, has announced its plans to report second quarter 2024 financial results on August 12, 2024, after the market closes. The company will host a conference call at 4:30 p.m. Eastern Time on the same day to discuss the results. Investors can participate in the call by dialing +1 833-470-1428 (domestic) or +1 404-975-4839 (international) using the access code 997268. Additionally, a live and archived webcast of the event will be available on the company's investor relations website.

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Vicarious Surgical (NYSE: RBOT, RBOT WS) announced a 1-for-30 reverse stock split for its Class A and Class B common stock, effective June 12, 2024. This move aims to raise the company's share price to meet NYSE listing requirements. Post-split, Class A common stock will reduce from approximately 156.76 million to about 5.23 million shares, and Class B from 19.62 million to roughly 654,000 shares. Trading on a post-split basis begins on June 13, 2024, under the symbol 'RBOT'. The split will uniformly affect all stockholders without changing ownership percentages, except for fractional shares, which will be paid in cash. Warrants will also be adjusted, with the exercise price changing to $345 per share.

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Vicarious Surgical Inc. (RBOT) reported its first-quarter 2024 financial results, showcasing a decrease in operating expenses, R&D expenses, general and administrative expenses, and sales and marketing expenses compared to the previous year. The company reported an adjusted net loss of $15.1 million, equating to a loss of $0.09 per share, and a GAAP net loss of $17.0 million, or a net loss per share of $0.10 for the same period. Vicarious Surgical had $84.1 million in cash and investments as of March 31, 2024, with a cash burn rate of $14.1 million for the first quarter. The company reiterated its expected full-year 2024 cash burn of approximately $50 million.

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Vicarious Surgical Inc. (RBOT) will report Q1 2024 financial results on April 29, 2024, aiming to enhance surgical procedures' cost, efficiency, and outcomes. The conference call will be hosted by company management at 4:30 p.m. Eastern Time.
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Vicarious Surgical Inc. announced financial results for Q4 and full year 2023, achieving cash burn objectives and providing guidance for 2024. The company made progress in developing its Version 1.0 Surgical System, securing hospital partnerships, and appointing a new Company President. Operating expenses decreased in Q4, with a cash burn rate of $63.4 million for 2023. Vicarious Surgical expects a cash burn of $50 million in 2024.
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Vicarious Surgical Inc. (RBOT) to participate in TD Cowen 44th Annual Healthcare Conference, presenting on March 5, 2024, aiming to enhance patient outcomes and surgical efficiency.
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Vicarious Surgical Inc. (RBOT) will report financial results for Q4 and full year 2023 on March 4, 2024. The company aims to enhance surgical procedures through robotics technology.
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Vicarious Surgical Inc. announced the appointment of Randy Clark as President, effective January 29, 2024. Clark will oversee core business functions and is expected to play a crucial role in shaping the company's future success. With over 20 years of experience in the medical device industry, including roles at Flex Ltd. and Olympus Corporation of the Americas, Clark brings a wealth of expertise in manufacturing and supply-chain management.
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Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) to present at Piper Sandler 35th Annual Healthcare Conference, offering a live and archived webcast on the company's website.
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FAQ

What is the current stock price of Vicarious Surgical (RBOT)?

The current stock price of Vicarious Surgical (RBOT) is $5.57 as of April 4, 2025.

What is the market cap of Vicarious Surgical (RBOT)?

The market cap of Vicarious Surgical (RBOT) is approximately 33.2M.

What is the core focus of Vicarious Surgical Inc?

Vicarious Surgical Inc focuses on developing advanced surgical robotics that integrate a human-like robotic system with virtual reality for enhanced 3D visualization during minimally invasive procedures.

How does the company improve surgical precision?

Its innovative platform combines a dexterous robotic system with a state-of-the-art virtual reality surgical camera, giving surgeons superior control and an immersive 3D view of the operative field.

Can you explain the significance of the single-port interface?

The single-port approach minimizes tissue damage while enabling complex surgical procedures, helping reduce recovery times and potential complications.

What type of customers does Vicarious Surgical Inc serve?

The company primarily serves hospitals and healthcare institutions that prioritize advanced, minimally invasive surgical solutions to improve patient outcomes.

How does Vicarious Surgical differentiate itself in a competitive market?

It differentiates itself by integrating human-like robotic technologies with immersive virtual reality visualization, setting a new standard for surgical precision and efficiency.

What benefits does the technology offer to surgeons?

Surgeons gain enhanced clarity and control during procedures, which can improve surgical outcomes and reduce the likelihood of complications associated with traditional invasive methods.

What challenges does the company face in the medical robotics industry?

Key challenges include adhering to strict regulatory standards, continuous technological innovation, and thorough clinical validation to ensure the safety and efficacy of its systems.

Is the system compatible with existing hospital infrastructures?

Yes, the system is designed to integrate seamlessly into current operating room setups, ensuring that healthcare providers can adopt the technology without significant disruptions.
Vicarious Surgical Inc

NYSE:RBOT

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RBOT Stock Data

33.21M
3.89M
26.35%
34.1%
1.88%
Medical Devices
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States
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