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U.S. Navy Testing Lockheed Martin Fortis Exoskeletons

U.S. Navy Testing Lockheed Martin Fortis Exoskeletons

The U.S. Navy has signed a contract with RBR50 company Lockheed Martin to test two Fortis exoskeletons help ship maintenance crews perform tasks that require heavy lifting. One exoskeleton will be tested at the Norfolk Naval Shipyard in Virginia, while...

Ekso Bionics Revenue Jumps 52%

Ekso Bionics Revenue Jumps 52%

RBR50 company Ekso Bionics reports that revenue was up 52 percent to $1.1 million in the first quarter of 2014. Medical device revenue was $0.5 million for the quarter.

Exoskeleton Startup Cyberdyne Surges in Trading Debut

Exoskeleton Startup Cyberdyne Surges in Trading Debut

Cyberdyne, a maker of exoskeletons, had a strong debut on the Tokyo Stock Exchange's Mothers market for start-ups, surging 159% to close at 9,600 yen. It was the second-best first day performance among Japan IPOs in 2014.