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Re: mick post# 1232

Thursday, 02/04/2016 3:21:49 PM

Thursday, February 04, 2016 3:21:49 PM

Post# of 6602
It's much more than 1million granted to EKSO

It clearly says 2 million donated; 1mil brain and 1mil spinal. My guess is that since they have only received 1.3mil so far, they are just reporting current numbers and not the guaranteed future grant payments (assuming they are stretched out), which is weird but understandable. It's very clearly 2 million total once the study has been completed. I feel like that should have been the headline for the press release for obvious reasons.

Look at this quote from the last release:

"This project is one of five joint projects of Kessler Foundation and the New Jersey Institute of Technology (NJIT) recently funded by a $5 million federal grant from the National Institute on Disability, Independent Living and Rehabilitation Research entitled, Rehabilitation Engineering Research Center (RERC) on Wearable Robots (NIDILRR #90RE5021-01-00). The principal investigator (PI) is Richard Foulds, PhD, associate professor of bioengineering at NJIT. Co-PI is Guang Yue, PhD, director of Human Performance & Engineering Research at Kessler Foundation.

This RERC grant provides $2 million for the application of the Ekso GT in brain injury and spinal cord injury. Since April 2014, Kessler Foundation has received $1.3 million in grants to study the Ekso GT in brain injury."

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