--- title: Creator of FDA Approved Robotics Exoskeleton ReWalk Set at $50M IPO description: CREATOR OF FDA APPROVED ROBOTICS EXOSKELETON REWALK SET AT $50M IPO image: https://insights.roboglobaletfs.com/hubfs/Canva%20images/ReWalk%20Blog%20Article%20Image.png --- - [![](https://px.ads.linkedin.com/collect/?pid=2261676&conversionId=4842593&fmt=gif)Newsletter Signup](https://insights.roboglobaletfs.com/creator-of-fda-approved-robotics-exoskeleton-rewalk-set-at-50m-ipo#newsletter-form) ### Newsletter Form ROBO Global uses this information to keep you up to date on the latest investment insights and technology trends. You may unsubscribe from these communications at any time. For more information, check out our [Privacy Policy](https://insights.roboglobaletfs.com/privacy). If you cannot see the form above, you may have an ad blocker preventing it from loading. 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[![VettaFi_ROBO_WHITE-1](https://insights.roboglobaletfs.com/hs-fs/hubfs/VettaFi_ROBO_WHITE-1.png?width=4320&height=1440&name=VettaFi_ROBO_WHITE-1.png "VettaFi_ROBO_WHITE-1")](https://www.roboglobal.com/) - [RESEARCH & INSIGHTS](http://www.roboglobal.com/research-insights) - [MEET THE EXPERTS](http://www.roboglobal.com/about-us) - ROBO Global Indexes - [ROBO Index](https://www.roboglobal.com/robo-global-indices/robo-index/) - [THNQ Index](https://www.roboglobal.com/robo-global-indices/thnq-index/) - [HTEC Index](https://www.roboglobal.com/robo-global-indices/htec-index/) - [How to Invest](https://www.roboglobal.com/robo-etfs) - [ESG](http://www.roboglobal.com/esg-policy) # Investment Insights Authored by: Erica Allaby Date: September 15, 2014 Category: [HTEC](https://insights.roboglobaletfs.com/tag/htec), [ROBO](https://insights.roboglobaletfs.com/tag/robo) Share this: - - - - [mailto:?subject=Creator%20of%20FDA%20Approved%20Robotics%20Exoskeleton%20ReWalk%20Set%20at%20$50M%20IPO&body=Creator%20of%20FDA%20Approved%20Robotics%20Exoskeleton%20ReWalk%20Set%20at%20$50M%20IPO%20https://insights.roboglobaletfs.com/creator-of-fda-approved-robotics-exoskeleton-rewalk-set-at-50m-ipo](mailto:?subject=Creator%20of%20FDA%20Approved%20Robotics%20Exoskeleton%20ReWalk%20Set%20at%20$50M%20IPO&body=Creator%20of%20FDA%20Approved%20Robotics%20Exoskeleton%20ReWalk%20Set%20at%20$50M%20IPO%20https://insights.roboglobaletfs.com/creator-of-fda-approved-robotics-exoskeleton-rewalk-set-at-50m-ipo) ##### Related Posts - [![Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/hubfs/ROBOBrief_Blog%20+%20Turnkey%20Tech-Sep-20-2023-04-28-59-7091-PM.png) Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/turnkey-tech-investing-august-2023) - [![Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/hubfs/Q1%202021-1.png) Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/q2-in-review-inside-the-robo-thnq-htec-indexes) - [![Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/hubfs/SMEs%20Automation%20Webinar%20Deck%20(Tifin)%20(1).png) Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/automation-isnt-just-for-the-fortune-500) - [![Q1 2023 In Review: ROBO, HTEC & THNQ](https://insights.roboglobaletfs.com/hubfs/Q1%202021.png) Q1 2023 In Review: ROBO, HTEC & THNQ](https://insights.roboglobaletfs.com/q1-2023-in-review-robo-htec-thnq) ## Creator of FDA Approved Robotics Exoskeleton ReWalk Set at $50M IPO The life-shattering news of “you will never walk again” may soon become a figment of the past. [ReWalk Robotics](http://rewalk.com/), a healthcare company, is one of the leading names revolutionizing the paraplegic world as we know it. It has created an FDA-approved exoskeleton that is helping paraplegics do the impossible- walk again. Dr. Amit Goffer, a paraplegic himself, founded and created the company in 2001. ReWalk’s exoskeleton is the first FDA-approved device of its kind to be cleared for personal use. While the systems are priced around $60,000, some might argue that you can’t put a price tag on regaining the ability to walk. With the help of the ReWalk Personal, paraplegics will be able to walk themselves out of rehabilitation centers and into the comfort of their own homes. Though ReWalk reported a $1.6 million revenue last year, the company’s value has soared recently, undoubtedly due in part to the approval. The company’s IPO is currently set at $50 million. According to the ReWalk Prospectus, nearly 3.4 million shares are believed to price this Friday from $14 through $16. The company works in alliance with Yaskawa Electric Corporation, which will be a distributor in the Asian markets. ReWalk will go under the symbol of “RWLK” on the Nasdaq, projected for the end of the week. ReWalk isn’t the only exoskeleton company to go public this year. In March, [Cyberdyne Inc.](http://www.cyberdyne.jp/english/), a Japanese-based company, and no, not the one from “Terminator,” released an exoskeleton called HAL, and again, not the one from “2001: A Space Odyssey,” though you’ve got to applaud their sense of humor. Since then, Cyberdyne’s reach only continues to grow in the robotics industry. Over the past three months, its share price has risen over 105 percent (source S&P Capital IQ). HAL(Hybrid Assistive Limb) strives to help workers in nursing homes to lift large objects and also serves to assist people looking to regain strength in their limbs- in part giving users what seems to be a super-human strength. This wearable robot is similar to that of the ReWalk systems in terms of guiding people to regain motion in areas of their bodies that would have otherwise been impossible. The reach of medical miracles is continuing to grow thanks to the endless possibilities that the world of robotics has to offer. The increasing presence of exoskeletons will quickly push the entire population, including paraplegics, to stand up and look the future in the eye.     *By: Erica Allaby, Content Manager, ROBO Global* [Back to All Entries](https://insights.roboglobaletfs.com) VettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. With billions in assets benchmarked to its indices– and more than 200 customers globally – asset managers look to VettaFi for benchmarks and best-in-class index solutions. VetttaFi owns and administers the ROBO Global Index Series. ## Navigation - [Home](http://www.roboglobal.com) - [ROBO Research](http://www.roboglobal.com/whitepapers) - [Investment Insights](https://insights.roboglobaletfs.com) - [ROBO Index](http://www.roboglobal.com/robo-global-indices/robo-index) - [THNQ Index](http://www.roboglobal.com/robo-global-indices/thnq-index) - [HTEC Index](http://www.roboglobal.com/robo-global-indices/htec-index) ### Newsletter Signup My rich text default content © 2026 ROBO Global Index, LLC. 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