Neuralink competitor Precision Neuroscience buys factory to build its brain implants
Publishing timestamp: 2023-10-05 09:00:01
Summary
Precision Neuroscience has acquired a manufacturing facility in Dallas to build a key component of its brain implant. The company has started testing the implant on human patients and aims to help people with paralysis operate digital devices using brain signals. Precision has also received the Breakthrough Device designation from the FDA, which will help expedite its path towards commercialization. The acquisition of the manufacturing facility allows Precision to iterate quickly and improve the performance of its implant.
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