Tag Archives: rwlk

ReWalk Robotics Stock Jumps On VA Soldier Coverage

ReWalk Robotics (RWLK) stock popped for the second day after reports that the U.S. Department of Veterans Affairs has agreed to pay for the company’s robotic exoskeleton to help paralyzed soldiers walk again. ReWalk stock surged as much as 42% in the stock market today, after jumping 83% Thursday. In afternoon trading Friday, ReWalk stock was up 28%, near 14. Shares had touched an all-time low of 5.55 just on Dec. 11. The Israeli company’s product

ReWalk Robotics Up On Buy Rating, Stock Price Upgrade

ReWalk Robotics (RWLK) was upgraded to a buy rating from hold by Canaccord Genuity on a view that the company is now positioned for improved sustainable growth. ReWalk develops and makes wearable robotic exoskeletons for individuals with spinal cord injuries. The company raised $36 million in its Sept. 12 initial public offering. The stock priced at 12 and soared 113% on its first trading day. It peaked the following day at 43.70 and went on a

Helping paraplegics walk just the start for robot exoskeletons

LAS VEGAS — Helping paraplegics walk again is just the beginning for robotic exoskeletons. Eventually such machines will allow the elderly to stay mobile and give laborers extra upper body strength, says Nathan Harding, co-founder and CEO of Ekso Bionics. Ekso and ReWalk Robotics (RWLK) are exhibiting their exoskeletons this week at the Consumer Electronics Show in Las Vegas. Exoskeletons got their start in military tech programs designed to help soldiers carry heavy loads. But now exoskeletons are trickling into the consumer market, starting with systems for paraplegics. Ekso Bionics still does military work with its partner Lockheed Martin (LMT). But Ekso is also exploring industrial applications, such as augmenting workers who have to hold tools overhead or above waist-high, Harding said. “We see the future of robotics as having this giant wave of human augmentation coming toward it,” Harding said. “It’s going to get a lot more…