MAGiC Sweep™ catheter

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15 Best Robotics Stocks to Buy Under $20
Insider Monkey· 2025-09-20 13:22
Industry Overview - The robotics market, encompassing autonomous vehicles, industrial vision, warehouse automation, and surgical systems, is projected to grow to $260 billion by 2030, driven by advancements in artificial intelligence (AI) [2] - AI is expected to transition from software to real-world applications, leading to rapid growth in key technologies such as collaborative robotics, lidar sensors, and machine vision [2][3] - The current market dynamics indicate a shift in leadership beyond major tech companies, with increased investor interest in alternative growth stories, particularly in robotics [3] Investment Opportunities - There are numerous promising robotics companies trading under $20 per share, presenting affordable entry points for investors [4] - The list of 15 robotics stocks includes companies that combine high innovation levels with attractive pricing, allowing early investors to tap into the next wave of automation [4] Methodology - The selection of the 15 best robotics stocks was based on a review of various stocks and hedge fund sentiment, utilizing data from Insider Monkey's database tracking nearly 1,000 elite hedge funds [6] - The stocks are arranged in ascending order based on the number of hedge funds holding each company [6] Company Highlights - **Nauticus Robotics, Inc. (NASDAQ:KITT)**: Recently tested its Aquanaut Mark 2 underwater vehicle at a record depth of 2,300 meters, demonstrating operational capabilities that could reduce subsea costs for oil and gas clients by 30-40% [9][10][11] - **Arbe Robotics Ltd. (NASDAQ:ARBE)**: Secured an order for its radar system to be used in a recreational boat collision avoidance system, showcasing the versatility of its radar technology beyond automotive applications [12][13][14] - **Stereotaxis, Inc. (NYSE:STXS)**: Announced the successful completion of the first robotic high-density mapping procedure in the U.S. with its MAGiC Sweep™ catheter, enhancing arrhythmia diagnosis and treatment [15][16][17]
Stereotaxis Receives U.S. FDA Clearance for MAGiC Sweep Catheter
Globenewswire· 2025-07-28 11:48
Core Insights - Stereotaxis has received FDA 510(k) clearance for its MAGiC Sweep™ catheter, marking a significant advancement in electrophysiology mapping technology [1][2][3] - The MAGiC Sweep is the first robotically navigated high-density electrophysiology mapping catheter, enhancing the diagnosis and treatment of complex arrhythmias [1][2] Company Overview - Stereotaxis is a pioneer in surgical robotics for minimally invasive endovascular interventions, focusing on the development of robotic systems and instruments to improve patient care [3] - The company has treated over 150,000 patients globally, showcasing its commitment to advancing robotic technology in healthcare [3] Product Features - The MAGiC Sweep catheter is equipped with 20 electrodes for rapid and detailed electroanatomical mapping of heart chambers [4] - It integrates seamlessly with Stereotaxis' robotic systems, allowing precise navigation to challenging areas of the heart [4] - The catheter's atraumatic design prioritizes patient safety and supports anatomically accurate mapping by minimizing distortion [4] - It enhances workflow efficiency in robotic procedures, particularly with the development of automated mapping algorithms [4] Industry Impact - The introduction of the MAGiC Sweep catheter is expected to significantly improve cardiac ablation procedures by providing more efficient and detailed mapping of arrhythmias [2] - Experts in the field view this development as a major milestone that will positively impact patient outcomes and expand the capabilities of robotic electrophysiology [2]