Ekso Bionics Holdings Inc (EKSO)

[skepticone]

I would need clarification from EKSO, but I think you are misunderstanding the "expanding" part. I don't believe Ford made an agreement to test 2 Vests in 2 plants, looked at results and then ordered for additional plant testing. I believe the original agreement included all vests, it just so happens that they were not released to all plants at once. So the report stated that 4 were in use and would be expanded to other plans.


A few things to think about...if Ford uses the Vest at a few stations, that does not necessarily equate to faster production. The rest of the assembly line still moves at the same speed. Also it would have to create a large decrease in workers comp claims in order to change the workers comp insurance payments. I don't see the massive benefits many are looking for. The Union may like them because they are good for a few employees but it would have to save Ford more than a few dollars on workers comp and the Vests would have to increase production for the entire line.