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ReWalk Robotics Ltd. - RWLK STOCK NEWS

Welcome to our dedicated page for ReWalk Robotics Ltd. news (Ticker: RWLK), a resource for investors and traders seeking the latest updates and insights on ReWalk Robotics Ltd. stock.

ReWalk Robotics Ltd. (formerly Argo Medical Technologies) is a pioneering company in the field of wearable robotic exoskeletons. Established in 2001, ReWalk aims to revolutionize the health and life experiences of individuals with spinal cord injury (SCI). Headquartered in the United States, Israel, and Germany, the company is committed to enhancing mobility and wellness for individuals with neurological conditions.

Core Business: ReWalk designs, develops, and markets innovative exoskeletons. The company's flagship product, the ReWalk exoskeleton, enables individuals with SCI to stand upright and walk by providing powered hip and knee motion. As the only exoskeleton with FDA clearance for personal use, ReWalk has been extensively tested in the U.S., Europe, and Israel, supported by the most published data in the rehabilitation market.

Recent Achievements: Recently, ReWalk supported the

News

ReWalk Robotics Offers Thanks to Former Director for His Loyal Service and Valuable Contributions

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ReWalk Robotics expresses gratitude to Yohanan Engelhardt for his contributions as a director, but he will no longer serve on the Board. Engelhardt served as chairman of the audit committee for over five years with exemplary performance. ReWalk acknowledges his significant contributions to financial governance.
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ReWalk Robotics Ltd. to Present Virtually at H.C. Wainwright 25th Annual Global Investment Conference

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ReWalk Robotics CEO to present at H.C. Wainwright conference
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ReWalk Robotics Announces Additional Change to Board of Directors

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ReWalk Robotics announces reduction in director seats and resignation of Yasushi Ichiki from the Board of Directors
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ReWalk Robotics Announces Closing of Acquisition of AlterG

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ReWalk Robotics has announced the completion of its acquisition of AlterG, a leading provider of Anti-Gravity systems for rehabilitation. The purchase price was approximately $19 million in cash, with potential earnout payments based on AlterG's revenue growth. AlterG's systems use NASA-derived technology to reduce the effects of gravity and improve mobility outcomes. Charles Remsberg, former CEO of AlterG, has been appointed as Chief Sales Officer of ReWalk.
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ReWalk Robotics Reports Second Quarter 2023 Financial Results

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ReWalk Robotics Ltd. announces financial results for Q2 2023, with total revenue of $1.3 million, a decrease from the previous year. Gross margin was 43.1%, operating expenses were $5.7 million, and net loss was $4.6 million. The pending acquisition of AlterG is expected to contribute to ReWalk's financial results starting in Q3 2023.
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ReWalk Robotics to Acquire AlterG; Acquisition Builds Commercial Scale and Accelerates Path to Profitability

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ReWalk Robotics acquires AlterG, expects revenue growth and improved operating margin. Cash purchase price of $19 million. AlterG generated $20 million in revenue in 2022 with positive operating profit.
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ReWalk Robotics to Report Second Quarter Financial Results on August 11, 2023

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ReWalk Robotics Announces Planned Changes to Board of Directors

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ReWalk Robotics announced that two members of the Board of Directors, Arik Dan and Wayne Weisman, will not seek re-election. This will reduce the size of the Board from ten to eight directors.
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ReWalk Robotics Ltd. to Present at the Emerging Growth Conference on July 12

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ReWalk Robotics CEO to Present at Emerging Growth Conference
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ReWalk Robotics Ltd. to Host Call to Discuss Medicare Proposal to Establish Personal Exoskeletons Within a Benefit Category for Eligible Beneficiaries

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ReWalk Robotics announces conference call to discuss the proposal to include personal exoskeletons in the Medicare benefit category for braces.
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FAQ

What is the market cap of ReWalk Robotics Ltd. (RWLK)?

The market cap of ReWalk Robotics Ltd. (RWLK) is approximately 8.9M.

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ReWalk Robotics Ltd.

Nasdaq:RWLK

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RWLK Stock Data

8.92M
58.82M
1.96%
20.72%
2.27%
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