Market Research Report: Astrek Innovations
Company Overview
Name and Mission
- Name: Astrek Innovations
- Mission: To make a positive impact on the lives of those in need by developing life-changing solutions in assistive technology and rehabilitation, particularly for individuals with lower-limb immobility.
Founding and Founders
- Founded: September 2018
- Founders: Robin Kanattu Thomas and Jithin Vidya Ajith
Key People
- Robin Kanattu Thomas: CEO
- Vishnu Sankar: CMO
- Jithin Vidya Ajith: COO
- Alex M Sunny: CTO
Headquarters
- Primary Address: Kannur, Kerala, India
- Secondary Address: Maker Village, Kinfra Hi-Tech Park, Kalamassery, Ernakulam, Kerala, India, 683503
Employees
No information is available.
Revenue
No information is available.
Company Recognition
Astrek Innovations is known for pioneering advanced solutions for disability and rehabilitation, leveraging robotics, machine learning, and motion capture to create transformative assistive devices. Their flagship product is a wearable robotic exoskeleton aimed at restoring mobility for those with lower-limb immobility.
Products
Unik Exo
- Description: A wearable robotic exoskeleton designed to elevate mobility and empower lives by providing freedom and independence to individuals with lower-limb immobility.
- Key Features:
- Advanced Robotics: Utilizes cutting-edge robotics technology.
- Artificial Intelligence: Driven by a customizable, predictive system to keep users engaged.
- Wearable Technology: Modular, compact, and comfortable to ensure focus on movement.
- Data Driven: Continuous data collection and analysis to make training sessions progress-driven.
Recent Developments
Recent Developments in the Company
- Astrek Innovations has been selected for various prestigious programs and has appeared in multiple media outlets, which underscores their growing recognition and credibility.
New Products Launched
No information is available.
New Features Added to Existing Products
No information is available.
Partnerships and Acceleration Programs
- Startup Chile Program Seed G22: Astrek Innovations was selected as part of Generation 22, receiving an equity-free grant of around USD 40,000 to develop their lower limb exoskeleton.
- HealthStart India: Provided acceleration support.
- Huddle: Incubated by Gurgaon-based incubator Huddle.
- Kerala Startup Mission: Has provided various grants for product development.
- IAN Fund: Raised Rs 75 lakh (approx. $99,000) from the Indian Angel Network for growth and development of their products.
Awards and Recognitions
- WearRAcon 20 Virtual Innovation Challenge: Finalist at the event, showcasing their wheeled walking exoskeleton.
- Kerala Start-Up Mission: Participation in the Seeding Kerala Summit with significant investment announcements.
- MeitY Microprocessor Challenge: Recognized as one of the winners for their innovative hardware solutions for differently-abled people.
Media Coverage
- Startup Talky, May 2019: Full coverage featuring Astrek Innovations, their products, team, and vision.
- Rest of World: Coverage on Indian startup founders, including Astrek Innovations, leveraging Chile's favorable business environment for growth.
Contact Information
- Customer service: +91 9633-804-602
- Email: info@astrekinnovations.com
Working Hours
- Mon - Fri: 9:00 am - 6:00 pm
- Sat: 9:00 am - 4:00 pm
2024 © All rights reserved. Astrek Innovations