Part of the funds will be used to boost research and development resources related to its lightweight exo-suit technology for various lower limb disabilities.

The device is designed for use after stroke and in other indications affecting the ability to walk.

Alongside other purposes, the funds will alo support the continued development of its spinal cord injury device.

ReWalk Robotics develops wearable robotic exoskeletons for individuals with lower limb disabilities as a result of spinal cord injury or stroke.

Its stated mission is to fundamentally change the quality of life for individuals with lower limb disability through the creation and development of market leading robotic technologies.

Founded in 2001, it has headquarters in the US Israel and Germany.