SOURCE: Spring Loaded Technology

Spring Loaded Technology

June 09, 2017 09:45 ET

Spring Loaded Technology Officially Launches Levitation™, the World's First Compact Bionic Knee Brace, with support from Government of Canada

Innovative brace manufacturer propelled by Government support continues to grow manufacturing, R&D, and sales

HALIFAX, NS--(Marketwired - Jun 9, 2017) -  Spring Loaded Technology announces the official launch of its Levitation™ bionic knee brace for consumer sales across North America, and is now welcoming commercial partnerships with clinics, distributors, and brace retailers across Canada. The product launch takes place as the Government of Canada announces a $2.46-million investment through the Atlantic Canada Opportunities Agency's Atlantic Innovation Fund (AIF).

Spring Loaded Technology CEO Chris Cowper-Smith describes the announcement as "The next chapter in our journey to change and improve lives in a big way." COO Dawn Umlah added, "With the support of ACOA, combined with our research and development efforts and leading-edge product development, it's a game changer. We're proud to be able to put the world's first and only compact, bionic knee brace into the hands of consumers on a large scale."

As the world's first bionic knee brace, Levitation™ uniquely enhances knee strength, mobility, and endurance by storing energy as the leg bends and then returning that energy as the leg straightens. Current users range from performance athletes, to manual laborers, to people with osteoarthritis. Levitation has proven useful for most knee injuries and conditions.

"The team at Spring Loaded Technology is transforming the versatility of assistive devices," says Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour. "They represent a broader life sciences community working on research that brings solutions to the marketplace. Targeted investments such as these are helping us grow beyond our borders in line with our Atlantic Growth Strategy."

After successfully securing USD $208,000 through an Indiegogo crowdfunding campaign, delivering a $1-million contract for the Canadian forces, and fulfilling hundreds of consumer pre-orders, the Nova Scotia company is entering what they call real-time production. With bolstered manufacturing capacity, product improvements, and increased demand, Spring Loaded Technology is positioned to deliver Levitation across North America, to help people do more of what they love.

To learn more about Levitation™ and Spring Loaded Technology, or to inquire about partnership opportunities, visit www.springloadedtechnology.com.

About Spring Loaded Technology
Spring Loaded Technology is an award-winning company based in Halifax, Nova Scotia, which has designed an entirely new knee bracing technology to enhance the strength and power of the leg muscles. By increasing leg strength, their technology can be used in a wide range of applications including: mobility assistance, fatigue reduction, injury prevention/rehabilitation, and performance enhancement. The company was founded in 2012.

Contact Information

  • Media Contacts:
    Kaleigh DeHart
    Uproar PR for Spring Loaded Technology
    Office: 321.236.0102
    Email: Email Contact

    Alex Smith
    Director of Communications and Outreach, Atlantic Canada Opportunities Agency
    Cell: (902) 830-3839
    Office: (902) 426-9417
    E-mail: Email Contact