Nathan Harding - Human Exoskeletons and the Human Augmentation Space

23
Human Exoskeletons and the Human Augmentation Space Nathan Harding, CEO, Ekso Bionics November 6, 2015

Transcript of Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Page 1: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Human Exoskeletons and the Human Augmentation Space Nathan Harding, CEO, Ekso Bionics November 6, 2015

Page 2: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

FORWARD LOOKING STATEMENTS

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements.  Forward-looking statements

may include, without limitation, statements regarding (i) the Plans and objectives of management for future operations, including plans or objectives relating

to the design, development and commercialization of human exoskeletons, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company's future financial performance and (iv) the

assumptions underlying or relating to any statement described in points (i), (ii) or (iii) above.  Such forward-looking statements are not meant to predict or

guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which

the Company has no control over.  Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties.  Factors that may influence or contribute to the inaccuracy of the forward-looking statements or

cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing,

the significant length of time and resources associated with the development of our products and related insufficient cash flows and resulting illiquidity, the Company's inability to expand the Company's business, significant government regulation of medical devices and the healthcare industry, lack of product

diversification, volatility in the price of the Company's raw materials, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company's failure to implement the Company's business plans or strategies. These and other factors are identified and described in more

detail in the Company's filings with the SEC at http://www.sec.gov.  The Company does not undertake to update these forward-looking statements.

Note: Historical fact information is accurate based on date of presentation and information is subject to change.

Page 3: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

COMPANY PURPOSE: MAXIMIZING PEOPLE’S POTENTIAL

Copyright © 2012 Ekso Bionics, Inc. All rights reserved. Proprietary | 3

Our Competitors? (Just kidding)

Human Augmentation:

Inevitable, Transformative

Page 4: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Proprietary | 4

HUMAN EXOSKELETONS A NEW INDUSTRY

MILITARY

Ground Soldiers Depots & Logistics Manufacturing TAM= $3 + Billion

CONSUMER

Elderly Outdoor Sports Extreme Athletes

HEALTH

Commercializing into •  Rehab Centers •  Homes TAM = $10+ Billion

INDUSTRIAL

Construction First Responders Manufacturing Moving

14+ years in Bionics and Robotics 45 U.S. Patents, 12 Issued Went public in Jan 2014 [OTCQB: EKSO] 90+ man-years of exoskeleton engineering

Copyright © 2014 Ekso Bionics, Inc. All rights reserved. Proprietary | 4

2005 – UCB spin out following DARPA project 2009 – Lockheed Martin partnership 2010 – Announce commercialization plan 2012 – Deliver first medical suits

Page 5: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

2000-2005

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 5

Page 6: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 6

Ekso Advisor and Co-founder’s Brother: Ryan Angold - SEAL Naval Academy Grad 97 BUDS class 217 Honor man Naval Special Warfare Development Group Bronze Star with Valor

AND THEN TWO THINGS HAPPENED…

Page 7: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

AND THEN THE OTHER THING HAPPENED…

Shortly after co-founder Russ Angold’s brother suffers a C6-7 spinal cord injury, a doctor shows us videos of Reciprocating Gait Orthoses (RGOs) … and, we knew we could do much better.

Page 8: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Proprietary | 8

GOVERNMENT

Depots & Logistics First Responders Maintenance Ground Soldiers

CONSUMER

Elderly Outdoor Sports Extreme Athletes

HEALTH

Commercializing into •  Rehab Centers •  Homes

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 8

LABS

INDUSTRIAL

Construction Manufacturing Logistics Maintenance

Page 9: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Tune step length, height

Tune spatial targets

Hip & knee angles

Adjust swing time

Hip abduction/adduction angle

Adjustable thigh length

Adjustable hip width

Ankle dorsiflexion stiffness

Ankle resting position

EKSO GT - OPTIMIZED FOR THE CLINIC

LESS THAN 5 MINUTES SOFTWARE: ADJUSTMENTS:

TUNE WHILE WALKING

Adjust hip and knee flexion settings

Tune Variable Assist settings

Page 10: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Since February 14, 2012, over 5000 neurologically impaired individuals have stood and walked with an

Ekso; taking more than 33,000,000 steps.

Page 11: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 11

Page 12: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

Proprietary | 12

GOVERNMENT

Depots & Logistics First Responders Maintenance Ground Soldiers

CONSUMER

Elderly Outdoor Sports Extreme Athletes

HEALTH

Commercializing into •  Rehab Centers •  Homes

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 12

LABS

INDUSTRIAL

Construction Manufacturing Logistics Maintenance

Page 13: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

SO LET’S GO BACKWARDS AND TALK ABOUT ROBOTICS A LITTLE

Page 14: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

“BREAKTHROUGH ROBOTICS”

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 14

1980s: Industrial Robotics has a clear breakthrough: Automotive Assembly and Welding

Page 15: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

“BREAKTHROUGH ROBOTICS”

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 15

1989: Carnegie Mellon Mars Rover “Field Robots” are getting pretty cool, but what would be the breakthrough field robot… What would be the killer app…

Page 16: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

LITTLE DID WE KNOW…

Copyright © 2013 Ekso Bionics, Inc. All rights reserved. Proprietary | 16

This was the breakthrough in “field robotics.” So, what’s next?

Page 17: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

TECHNOLOGY COMPARISON - ROBOTICS

9-Feb-16 Copyright © 2015 Ekso Bionics, Inc. All rights reserved. Proprietary | 17

Humans operate where robots cannot

Human Augmentation Space

Page 18: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

WE FIND UNSTRUCTURED ENVIRONMENTS ALL OVER

Copyright © 2015 Ekso Bionics, Inc. All rights reserved. Proprietary | 18 9-Feb-16

Page 19: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

SO HOW’S THIS GOING TO HAPPEN?

Page 20: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

EKSO WORKS – PASSIVE TOOL HOLDING EKSO

Copyright © 2015 Ekso Bionics, Inc. All rights reserved. Proprietary | 20 9-Feb-16

Page 21: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

2015 2016 2017 2018 2019

Technology Platform/Enhancements

•  Field Test Prototypes •  Define Specifications •  Field Validate Design •  Design to Production

•  Ekso Works Chassis •  Tool holding Arm

•  Increased Payloads for powered versions •  Reduced Weight & cost for Passive Systems

• Better ergonomics •  Cost reduction •  Reduce weight

•  Powered Chassis •  Powered Arms •  Cost reduction

Heavy Construction & Maintenance

EKSO Works • Addresses Industrial and construction applications

EKSO Lift • Powered legs • Powered Arms • Lift and Carry applications

EKSO Logistics • Pick and place applications • Assisted Lifting

Prototype Early Customer feedback

Reducing Cost, Increasing Performance, Broadening

Penetration and Customers Served

MARKET APPROACH

Semi-powered

Powered

Passive

Page 22: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

IN SEARCH OF: EXPERIENCED ENTREPRENEURS

Page 23: Nathan Harding - Human Exoskeletons and the Human Augmentation Space

THANK YOU