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Psyonic

psyonicDr. Aadeel Akhtar pitches Psyonic, his bionic artificial limb company, in Shark Tank episode 1516. Akhtar has advanced degrees in mechanical engineering aand neuroscience. He got the inspiration to create such a business when he was only 7 years old. While visiting his parents’ native Pakistan, he saw a little girl his age without one leg. From that day on, he knew what his life’s work would be.

The flagship product of Psyonic is the Ability Hand. The distinguishing factor of the Ability Hand lies in its innovative utilization of multi-touch feedback sensors implanted within the fingertips. This characteristic enables users to experience sensations via vibrations, providing an unprecedented level of sensory response in bionic prosthetics. Engineered by Dr. Akhtar and his team, the hand is crafted to be lightweight, resilient, and exceptionally accurate, ensuring users can execute tasks effortlessly and with assurance.

Driven by a commitment to accessibility, Psyonics has worked tirelessly to ensure that the Ability Hand is not just a technological marvel but also an affordable option for those in need. By utilizing cost-effective materials and manufacturing processes, they have succeeded in lowering the price point to a level where it is covered by Medicare, vastly expanding access to this life-changing technology. The cost is between $10,000 and $20,000. He likely wants a Shark’s cash for manufacturing.

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Posts about Psyonic on Shark Tank Blog

Psyonics: Revolutionizing Prosthetics

Psyonic Shark Tank Recap

Dr. Akhtar will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Daymond John and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards.” A full pitch re-cap on Psyonic will be available on Shark Tank Blog once this episode airs.

Psyonic Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Chirp & Dr. Aadeel Akhtar as more details become available.