Introduction
As we bid farewell to another remarkable year, we want to take a moment to reflect on our journey. Join us as we recap the highlights and milestones that shaped Humotech in 2023 with an eye towards an exciting growth year in 2024.
Transforming our Operations
Humotech 4.0
A major theme of the year has been digitization, streamlining, and taking a human-centered design approach to operational processes. We’ve successfully implemented numerous new systems, including better managing customer relationships, vendor management, inventory management, accounting, purchasing processes, quoting and leads tracking, and so much more. Wherever possible, we leveraged the latest cloud-based technologies to improve the efficiency of our company and the quality/timeliness of our deliveries. This required wide-ranging discussions and plenty of soul-searching, and was made possible through the transformational leadership of our recently-appointed COO, Candice Caputo, who has been working tirelessly to set us up for further success in 2024.
Achievements and Milestones
Product Launches and Innovations
One of the key highlights of the year was the successful launch of our all-new EXO-004 Hip Exoskeleton, a game-changer for Caplex users who want to assist hip flexion and/or extension. We’re proud to now offer a best-in-class lightweight design that accommodates a wide range of body types and range of motion. We leveled-up our in-house production capabilities, including rapid resin infusion carbon fiber manufacturing capabilities, inspired by techniques used to fabricate bespoke parts for motorsports, and we look forward to utilizing the techniques in future (re-)designs of other wearable devices.
Community Engagement and Corporate Social Responsibility
Giving Back to the Community
At Humotech, our dedication to making an impact extends beyond the success of our core business; it includes a dedication to fostering an ecosystem of positive collaboration. In 2023, we are grateful to have continued and/or established relationships with great organizations like 412 Ability Tech, the Mars Robotics Association, the Pittsburgh Robotics Network, National Biomechanics Day, the Open Source Leg, the Prosthetics & Orthotics Program at the University of Pittsburgh, and more! Through ongoing partnerships with these like-minded organizations, we are actively contributing to the betterment of the communities we serve, and we plan to increase our partnerships in 2024. As we see it, our unique technology and holistic human-centered approach position us ideally to serve this ever-evolving and growing community of engineers, scientists, developers, practitioners, and users, leveraging our platform and know-how to support innovation wherever mobility challenges persist and wearable devices are imagined.
Sustainability Initiatives
At the heart of our mission to transform the way the world develops and uses wearable machines, lies a commitment to minimizing waste across various dimensions—be it time, financial resources, or materials. We see wastage as one of the primary blockers to advancing technologies that could assist mobility, making it obvious that we should embrace the philosophy of “doing well by doing good”. Environmental stewardship is baked into our DNA as a company, and in 2023 we doubled-down on lean, agile, and efficient business operations. We strive to practice the principles of the 5 R’s—Refuse, Reduce, Reuse, Recycle, and Rethink—every day, from meticulous planning, to sustainable purchasing, to mindful manufacturing, to conscientious management of product end-of-life, and more.
Employee Spotlight
Recognizing our Team
Behind every success story are the dedicated individuals who make it happen. This year, we want to shine a spotlight on the remarkable contributions of our newest team member, Troy Bradbury, Wearable Robotics Engineer. Bringing with him a background in manufacturing engineering for biomedical products, Troy has truly enriched the team with his anything-is-possible attitude, commitment to process improvement, and deep insights on the production side of the house.
Looking Ahead
Exciting Plans for 2024
We are gearing up for an even more exciting year in 2024, with big plans for expansion, new partnerships, and continued product enhancements. A much-anticipated EXO-010 Modular Ankle Exoskeleton is well underway; it incorporates the best of features from our EXO-001, EXO-005, and EXO-006 designs into a single modular device that is lighter, stronger, and more customizable to the needs of the individual than ever before. Stay tuned for more on this and other developments! As a reminder, you can follow us on LinkedIn, X, Facebook, Instagram, Youtube, and TikTok and please subscribe to this newsletter!
Thank You for Reading and Happy New Year!
Get in touch:
Phone: +1 (412) 301-5082
Email: [email protected]