Dror Ortho Design Inc (DROR)

[janice shell]

Novint does not "do business with Facebook. Not anymore. Read the article you cite:

According to people with knowledge of the situation, Facebook acquired the patent from Novint Technologies, a company that makes input devices for computers. Novint has been working on a product called the XIO, that looks a lot like the product in Facebook’s new patent, for at least the last five years. It has not yet released the XIO, and Novint wasn’t immediately available to comment on the status of its prototype.

NVNT sold the patent to Facebook on 15 May 2015. Facebook has had nothing to say about Novint EVER. Not in its SEC filings, and not in any press releases.

As you can see in the photos that accompany the article, the haptic arm designed by Novint was extremely bulky and, according to what the company says about it in its new Form 10, quite heavy. Awkward, and probably uncomfortable.

And so it seems Novint is now attempting to reenter the field. But it has a lot more competition now than it did when it first developed the Falcon back in the mid-2000s, and much of its competitors' work is already in production and for sale.