Press Release: Spring Loaded Technology Officially Launches Levitation

Spring Loaded Technology Officially Launches Levitation™, the World’s First Compact Bionic Knee Brace, with support from Government of Canada


HALIFAX, NS – June 9, 2017 – Spring Loaded Technology announces the official launch of its Levitation™ bionic knee brace for consumer sales across North America, and is now welcoming commercial partnerships with clinics, distributors, and brace retailers across Canada. The product launch takes place as the Government of Canada announces a $2.46-million investment through the Atlantic Canada Opportunities Agency’s Atlantic Innovation Fund (AIF).

Spring Loaded Technology CEO Chris Cowper-Smith describes the announcement as “The next chapter in our journey to change and improve lives in a big way.” COO Dawn Umlah added, “With the support of ACOA, combined with our research and development efforts and leading-edge product development, it’s a game changer. We’re proud to be able to put the world’s first and only compact, bionic knee brace into the hands of consumers on a large scale.”

As the world’s first bionic knee brace, Levitation™ uniquely enhances knee strength, mobility, and endurance by storing energy as the leg bends and then returning that energy as the leg straightens. Current users range from performance athletes, to manual laborers, to people with osteoarthritis. Levitation has proven useful for most knee injuries and conditions.

“The team at Spring Loaded Technology is transforming the versatility of assistive devices,” says
Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour. “They represent a broader
life sciences community working on research that brings solutions to the marketplace. Targeted
investments such as these are helping us grow beyond our borders in line with our Atlantic
Growth Strategy.”

After successfully securing USD $208,000 through an Indiegogo crowdfunding campaign, delivering a $1-million contract for the Canadian forces, and fulfilling hundreds of consumer pre-orders, the Nova Scotia company is entering what they call real-time production. With bolstered manufacturing capacity, product improvements, and increased demand, Spring Loaded Technology is positioned to deliver Levitation across North America, to help people do more of what they love.

 

Media Contacts:
Kaleigh DeHart
Uproar PR for Spring Loaded Technology
Office: 321.236.0102
Email: kdehart@uproarpr.com

Alex Smith
Director of Communications and Outreach, Atlantic Canada Opportunities Agency
Cell: (902) 830-3839
Office: (902) 426-9417
E-mail: alex.smith@canada.ca