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[Electronics]
Permanent Magnet-Based Precision Tracking System
Date : 2022.01.24
• Precision positioning device– Ommo Technologies hold the world’s first motion tracking technology based on a permanent magnet, and provides a permanent magnet and sensor with its product. The company has set a new standard for surgical navigation devices, which are essential in the field of minimally invasive surgery, in collaboration with various world-leading medical companies. It is expected that at least 50% of 4,000 customer hospitals will replace their system with Ommo Technologies’ system within 3 years. This system may also be used as a virtual training and authoring tool in the XR field. Ommo Technologies is concluding licensing deals with a number of medical device companies, and has demonstrated its product’s potential and scalability by advancing to the final of the 2020 NASA iTech Cycle Ⅱ and winning the 2020 K-Startup Grand Challenge.

• Position tracking market – The market for medical applications that can be developed with collaborative partners is estimated to be worth around KRW 45 trillion (in the case of the medical device market, which is the main market), and the overall medical device market that can be applied is estimated to be about KRW 600 trillion.
  • Investment Requirement
    • Amount : 10M
    • Region : North America , China , Europe