Might get first major military contract and industrial suit contract in next 6-15 months. EKSO really needs help to get per suit costs down. Actually, military should be sold on lowering personnel injury claims also, as most jobs are supply and repair and servicing weapons systems. Apparently, their interest is in direct combat roles, e.g. special ops units firstly.
Unless line service crews continually do weight training to beef-up, they stand greater chance of damage to limbs and joints. One has to ask why military cannot understand greatest cost savings comes from reducing injuries in its greatest numbers inclusive category of support troops.
Not much hope to reduce part of military budget that involves services to combat troops (the special children). Gradually, AI and robotics will take over combat roles, like in drone units replacing manned attack aircraft.
If I-Robot can climb in stock price from less then !.50 to $20s and 30s on rather simple task robotics developments, EKSO should easily get to $5-15 in next 3 years (after national elections change budget priorities). USA needs scientist, engineers and business folk in budgeting positions and administration . . . not social workers and lawyers. But can't fix dumb.
EKSO needs to hire some competent Grant Writers to 'dip' into other forms of financing for emergent growth possibilities. Crowd Source funding even. Marketing department is 'challenged'.
Need to put some EKSO suits into extreme environmental testing, like in commodity underground mining situations . . . where worker organizations would be supportive and insurance costs are high. Home health workers and live-ins are another potential market. EKSO . . . Knock . . . Knock.
It will be race to see who buys EKSO out and fires mmgt. . . . BA, LMT, INTC, GE. Also include are Japanese and Koreans possibilities. <---The last two category bidders are desperate to create new future markets and are looking to develop their economies and societies . . . USA more interested in golf and ball and political one-ups-men-ship.
Look for foreign interest in placing suit orders, funding and tech help and BOD seats? I would pick Japan, with aging society, desire for most modern military force projection, and acceptance of robotics centric society. Human laborers are scare and they do not like foreigners present within their culture setting.
I will look to buy more EKSO if stock price does fall again.
