Element Exo

Element Exo Inc. (formerly Maroon Assistive Technologies) is a United States-based startup founded in 2018, specializing in designing and developing lightweight exoskeletons aimed at making lifting and bending easier for workers while reducing the risk of overuse injuries. The company's flagship product, the Element Exoskeleton, is the result of extensive research conducted at the Assistive Robotics Lab at Virginia Tech in collaboration with Lowe's Home Improvement. This innovative wearable device has garnered attention for its potential to enhance the lives of industrial workers by mitigating the physical strain associated with repetitive lifting tasks. The startup's most recent funding, a Non-Equity Assistance investment on January 10, 2023, came from PGH Lab, underscoring the growing interest in the potential of Element Exo's technology. This investment not only validates the company's vision and progress but also serves as a testament to the market's recognition of the pressing need for ergonomic solutions in industrial settings. With its focus on improving workplace safety and efficiency, Element Exo has positioned itself as a compelling prospect for investors looking to support impactful solutions in the labor and assistive technology sectors.