On the Frontline of Exoskeleton; Ekso Bionics Analyst Report Issued by BrokerBank Securities, Inc.
NEW YORK, April 23, 2015 /PRNewswire/ -- There are significant number of applications for exoskeletons, from assisting paraplegics in healthcare, to increasing capabilities in military, and even increasing labor productivity in industry. Although bionic exoskeleton technology is still in its early stage, and can only be used in specific circumstances, recent advancements in material, electronic and electrical engineering, control technologies, and sensor and software development made improvements being started within the last few years.
Ekso Bionics Holdings, Inc. (OTCQB: EKSO) has been at the frontline of the bionic exoskeleton industry, and has helped make huge improvements in exoskeleton technology. It designs, develops and commercializes wearable "bionic human exoskeletons" that have a variety of applications in healthcare, industrial, military, and consumer markets. The company has products for medical, military, and even recreational use, making a concerted effort to cover all the promising exoskeleton markets.
Esko Bionics ended 2014 with medical device revenue increase by $1.3 million to $2.9 million, or 81%, compared to 2013, and engineering services revenue increase by $0.7 million to $2.4 million, or 42%, compared to 2013 with $25.2M in cash/cash equivalents.
For a more detailed report with analyst comments and recommendation on Ekso Bionics Holdings, Inc. please follow the link. There is no cost obligation required to view analyst report.
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This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company. A full disclaimer can be found by viewing the full analyst report.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
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