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Company Registry

Abilitech Medical Inc (AKA:Olympex Medical Inc)
Profile last edited on: 1/4/2022

Passive-assisted, active-assisted, and electro-mechanical orthotics for arms, hands, legs, feet, and torso
Year Founded
2016
First SBIR Year
2017
Latest SBIR Award
2017
Program Status
Active

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Location Information

7777 Golden Triangle Drive Suite 225
Eden Prairie, MN 55344
   (833) 225-3123
   info@abilitechmedical.com.
   www.abilitechmedical.com.
Multiple Locations:   
Congressional District:   04
County:   Ramsey

Public Profile

Previously doing business as Olympex Medical Inc., Abilitech Medical is a medical device company providing solutions for patients with neuromuscular conditions. Organzied around improving the lives of people having neuromuscular disabilities: stroke, Amyotropic Lateral Sclerosis, Muscular Dystrophy, Multiple Sclerosis, and Spinal Cord Injury patients, the firm's exoskeleton can change also the lives of any pediatric orphan medical patients living with Arthrogryposis, Cerebral Palsy, Muscular Dystrophy and Spinal Muscular Atrophy type 2 from the assist provided by the firm's device. Enabling some shoulder movement, the Abilitech device supports patients in activities of daily living such as eating, grooming and self care, and in some cases allows them to return to work. The independence gained by being able to use their arms., not only can significantly improve quality of life but by building strength and ability and there may also be a cost savings to the healthcare system.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
15-19
Revenue Range
1.5M-2M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
---
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount Project Title
2017 1 NIH $239,802
Active Power Exoskeleton Device for Spinal Cord Injury

Key People / Management

  Angeline Conley -- Founder, President and CEO

  Eli Krumholz -- DDirector of Software Engineering & Electronics

  Nancy Ness -- Chief Financial Officer

  Mark Oreschnick -- VP Research and Development

  Shawna Persaud -- Director of Clinical & Product Management

  Lisa Ramme Latterell -- Chief Marketing Officer

  Steven James Seme --

  Rob Wudlick -- Grants Manager

  John Zentgraf -- COO

SBIR firms in the news

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