
Hansen Medical, Inc., a leader in flexible catheter robotics and the developer of robotic technology for accurate 3D control of catheter movement, today announced that it has secured a $30 million debt facility through Oxford Finance and Silicon Valley Bank. The proceeds from this financing will be used for general corporate purposes.
“This facility, along with the recently announced $10 million equity private placement, and $3 million milestone payment received under our joint development agreement with Philips, provides the company with a strong cash position as we begin the commercialization of our Magellan(TM) Robotic System in Europe and anticipate the Magellan’s 510(k) clearance and initial launch in the US in the…

Robots based on a humanoid form factor will eventually join us at home, in the workplace and in public places. Here’s what’s news in humanoid robotics.

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