Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
Israeli Robotics Company That Helps the Paralyzed Walk Again to Go Public
Error: Contact form not found.
by JNS.org
A patient uses the ReWalk Robotics exoskeleton system. Photo: ReWalk Robotics.
JNS.org – ReWalk Robotics, the Israeli company that developed an exoskeleton system enabling paralyzed people to walk again, has announced that it is going public with the hope of making its system more widely available.
The company announced Wednesday that it will go public on New York’s NASDAQ stock exchange and hopes to raise $50 million by offering 3.4 million shares in a price range of $14-$16. The initial public offering (IPO) is set to take place in the second week of September under the symbol RWLK.
The announcement follows last month’s Food and Drug Administration (FDA) approval of ReWalk’s exoskeleton system. The system was developed Dr. Amit Goffer, who became a quadriplegic after an accident in 1997, and allows paralyzed people to independently walk on their own by using computers and motion sensors built into the robotic frame. The system has also proven to have both physical and mental benefits for its users. ReWalk currently offers two systems, one designed for patients in rehabilitation and another for personal use at home.
