Paradromics
About Paradromics
Paradromics is developing a high data-rate brain-computer interface (BCI) that directly accesses individual neural signals to enable communication for individuals with severe motor impairments. The Connexus Direct Data Interface translates neural activity into synthesized speech and cursor control, facilitating social connection and restoring independence for users.
```xml <problem> Individuals with severe motor impairments, such as those caused by ALS or spinal cord injuries, often lose the ability to communicate effectively, hindering their social connections and independence. Current assistive technologies, like gaze-tracking systems, can be slow and frustrating. </problem> <solution> Paradromics is developing the Connexus Direct Data Interface (DDI), a high data-rate brain-computer interface (BCI) designed to restore communication for individuals with severe motor impairments. The DDI directly accesses individual neural signals, translating neural activity into synthesized speech, text, and cursor control, enabling users to interact with computers and communicate more naturally. The system comprises an implanted electrode array on the brain, a chest-based internal transceiver for wireless data and power transmission, and external components for processing and output. The implanted transceiver eliminates the need for external wires or ports, enhancing user comfort and reducing infection risk. </solution> <features> - High-resolution electrode array with hundreds of electrodes to capture individual neuron signals - Wireless power and data transmission via an implanted chest-based transceiver - AI-enabled neural signal interpretation for accurate translation of brain activity - Designed for long-term use with hermetically sealed components to withstand the body's environment - Intended to be compatible with future applications beyond communication, such as mood disorder and chronic pain management </features> <target_audience> The primary target audience includes individuals with severe motor impairments due to conditions like ALS, spinal cord injury, or stroke, as well as the physicians who treat them. </target_audience> <revenue_model> The company anticipates a price point of approximately $100,000 per device, with revenue generated through medical device sales prescribed by physicians and paid for by private insurance companies. </revenue_model> ```
What does Paradromics do?
Paradromics is developing a high data-rate brain-computer interface (BCI) that directly accesses individual neural signals to enable communication for individuals with severe motor impairments. The Connexus Direct Data Interface translates neural activity into synthesized speech and cursor control, facilitating social connection and restoring independence for users.
Where is Paradromics located?
Paradromics is based in Austin, United States.
When was Paradromics founded?
Paradromics was founded in 2015.
How much funding has Paradromics raised?
Paradromics has raised 97380000.
- Location
- Austin, United States
- Founded
- 2015
- Funding
- 97380000
- Employees
- 83 employees