We have a new long-term pick that we believe could be setting the stage for a massive rally on huge government contract news.
Our new pick was just awarded a contract to develop a new exoskeleton design for the Defense Advanced Research Projects Agency’s (DARPA) Warrior web program.
DARPA!
Obviously DARPA is a massive organization, but what’s most exciting is that this is the fourth time DARPA has tapped this company to develop a more advanced generation of robotic exoskeletons.
Already trending up over 20% in the last month on recent news of grants and contracts, we believe this groundbreaking robotics company could be in the early stage of a major rally.
Because of this…
We Are issuing an immediate alert on Ekso Bionics Holdings Inc (EKSO)!
Ekso Bionics Holdings, Inc. (EKSO) is focused on the field of robotic exoskeletons, or wearable robots, to augment human strength, endurance and mobility.
EKSO’s first commercially available product called Ekso, has helped thousands of people living with paralysis take millions of steps not otherwise possible.
With over 190 international patent cases (granted or pending), EKSO is a leader in intellectual property for robotic exoskeleton design.
EKSO has extensive experience providing technology to partnering organizations such as U.S. Special Operations Command, Boston Dynamics (now of Google), and the National Institutes of Health.
But here’s the BIG news…
Last week EKSO was awarded a contract to develop a new exoskeleton design for the Defense Advanced Research Projects Agency’s (DARPA) Warrior Web program.
Obviously this is HUGE news and is why EKSO is beginning to see increasing accumulation from investors.
With the technical charts firing on all cylinders right now, we believe EKSO could be at the very early stages of a major breakout. You can see the company’s groundbreaking technology here: http://www.eksobionics.com
We are urging all members to being your research right away and lets be ready for EKSO tomorrow as we could see it stage a major rally in the weeks ahead!
EKSO Tapped By DARPA to Create Flexible Exoskeletons For Soldiers
Last week, EKSO announced that it was awarded a contract to develop a new exoskeleton design for the Defense Advanced Research Projects Agency’s (DARPA) Warrior Web program.
The new initiative is focused on the creation of a groundbreaking flexible exoskeleton designed to reduce the wearer’s energy output while also assisting with load carriage. This is the fourth time DARPA has tapped the company’s Ekso Labs™ division for its exoskeleton knowledge to develop a more advanced generation of exoskeletons, a Feb. 18 press release stated.
“It is an honor to once again be selected by DARPA to deliver on another valuable project that will benefit our soldiers,” said EKSO’s co-founder and president of Ekso Labs Russ Angold in the Feb. 18 press release. “This is a follow-on project from our first Warrior Web project, which we were subcontracted on by Google’s Boston Dynamics, and will develop a related, but very different technology. We share DARPA’s commitment to advancing functionality for cutting edge exoskeleton technology and look forward to leveraging our world class IP portfolio to help design a customized suit that will improve soldier performance by alleviating musculoskeletal load.”
This phase of Ekso’s Warrior Web project will be designed to DARPA’s program guidelines over the course of 18 months. EKSO will engage Under Armour as a subcontractor in the third phase of the program to test the system’s durability and ability to be manufactured at scale, and support beta testing of the suit at the Army Research Laboratory Human Research and Engineering Directorate at the Aberdeen Proving Ground, Md.
“The partnership that we have established with Ekso Bionics to provide our soldiers and civilians with cutting edge technology continues to be rewarding, and we look forward to helping advance this initiative,” said Sam McCleery, VP of Global Innovation for Under Armour in the Feb. 18 press release.
EKSO Technical Indicators:
EKSO has been steadily moving higher and higher on increasing volume after recent grants, and government contracts.
The company’s latest press release could be an absolutely game-changer for the company. And with 191 patents (either granted or pending) EKSO appears to be cornering a very specific and potentially very-lucrative market.
From a technical perspective 7-Day Average Direction Indicator is showing upward trends developing in the near term and the 20 Day Moving Average Hilo Channel shows price action for two consecutives bars trading completely above and outside of channel indicating a “buy”-signal.
Both the 20 Day and 50 Day Moving Average vs Price charts support a bullish outlook in the near and medium terms respectively, with the 50 Day Parabolic Time/Price signaling a “buy”-action.
Presenting a virtual “ground floor” opportunity for investors to gain exposure in this growing sector, the timing could be perfect for EKSO to stake their claim as a leader in the Robotics/Exoskeleton field.
We are urging all members to begin your research immediately and keep a close eye on EKSO throughout the coming week!