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Nova Scotia firm poised to deliver bionic knee brace throughout North America.
July 3, 2017
By: Spring Loaded Technology
Spring Loaded Technology has officially launched its LevitationTM bionic knee brace for consumer sales across North America, and is now welcoming commercial partnerships with clinics, distributors, and brace retailers across Canada. The product launch takes place as the Canadian government announces a $2.46 million investment through the Atlantic Canada Opportunities Agency’s Atlantic Innovation Fund (AIF). Spring Loaded Technology CEO Chris Cowper-Smith describes the announcement as “The next chapter in our journey to change and improve lives in a big way.” COO Dawn Umlah added, “With the support of ACOA, combined with our research and development efforts and leading-edge product development, it’s a game changer. We’re proud to be able to put the world’s first and only compact, bionic knee brace into the hands of consumers on a large scale.” As the world’s first bionic knee brace, Levitation enhances knee strength, mobility, and endurance by storing energy as the leg bends and then returning that energy as the leg straightens. Current users range from performance athletes, to manual laborers and people with osteoarthritis. Levitation has proven useful for most knee injuries and conditions. “The team at Spring Loaded Technology is transforming the versatility of assistive devices,” said Darren Fisher, member of Parliament for Dartmouth-Cole Harbour. “They represent a broader life sciences community working on research that brings solutions to the marketplace. Targeted investments such as these are helping us grow beyond our borders in line with our Atlantic Growth Strategy.” After successfully securing $208,000 through an Indiegogo crowdfunding campaign, delivering a $1 million contract for the Canadian forces, and fulfilling hundreds of consumer pre-orders, the Nova Scotia company is entering what they call real-time production. With bolstered manufacturing capacity, product improvements, and increased demand, Spring Loaded Technology is positioned to deliver Levitation across North America. Based in Halifax, Nova Scotia, Spring Loaded Technology has designed a new knee bracing technology to enhance the strength and power of the leg muscles. By increasing leg strength, its technology can be used in a wide range of applications including mobility assistance, fatigue reduction, injury prevention/rehabilitation, and performance enhancement. The company was founded in 2012.
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