Workflow
Brain-computer interface (BCI)
icon
Search documents
ONWARD Medical Publishes Closing of Bookbuild Offering
Globenewswire· 2025-10-28 16:45
Core Insights - ONWARD Medical N.V. has successfully closed a private placement with institutional investors, raising gross proceeds of EUR 50,850,000 [1] - The new shares from the private placement are now listed and trading on Euronext Brussels, Euronext Amsterdam, and Euronext Paris [1] Company Overview - ONWARD Medical is a leading neurotechnology company focused on developing therapies to restore movement and independence for individuals with spinal cord injuries and other movement disabilities [3] - The company has developed ARC Therapy, which has received 10 Breakthrough Device Designations from the FDA [3] - The ARC-EX System is commercially available in the US and Europe, while the investigational ARC-IM system is under development to address unmet needs such as blood pressure instability after spinal cord injury [3] Locations and Listings - The company is headquartered in the Netherlands, with a Science and Engineering Center in Switzerland and a US office in Boston, Massachusetts [4] - ONWARD Medical is listed on Euronext Paris, Brussels, and Amsterdam under the ticker ONWD, and its US ADRs are traded on OTCQX under the ticker ONWRY [4]
X @Elon Musk
Elon Musk· 2025-07-28 05:39
Neuralink Technology & User Experience - Neuralink's N1 Telepathy chip provides users with a high level of digital autonomy, demonstrating precision and speed of control [1] - Early user experience with Neuralink's BCI technology shows potential for restoring lost abilities, such as playing musical instruments [1] - BCI technology offers a glimpse of capabilities far beyond what users could have imagined, even surpassing able-bodied individuals' expectations [2] Medical & Research Implications - Neuralink trials are considered a pioneering effort in cybernetic enhancement [1] - Participation in Neuralink trials provides opportunities to further research into solutions for paralysis and human-machine symbiosis [2] - The technology has the potential to enable individuals to work beyond the limitations of their physical bodies [2] Future Potential & Collaboration - Users express excitement about the future possibilities of BCI technology, including collaboration with AI [1] - The technology may enable new forms of creation and collaboration previously unimagined [1] - The field is considered to be entering a "Cyberpunk" era [3]