Encision Inc. (PK:ECIA) is excited to announce that they have signed a Proof of Concept Services Agreement with Vicarious Surgical Inc. The Agreement comes with the promise of a revolutionary robot design that will revolutionize the way minimally invasive surgery is performed. This robot design utilizes Encision’s patented Active Electrode Monitoring (AEM®) Technology, which is designed to prevent dangerous stray electrosurgical burns, in order to provide surgeons with unparalleled visualization, precision and control of instruments. This agreement is a major step towards making minimally invasive surgery safer and more accurate than ever before.
We are delighted to join forces with Vicarious Surgical to raise the bar for patient safety in robotic surgery. Encision’s Active Electrode Monitoring is a unique and advanced technology that protects both patients and surgeons during laparoscopic surgeries, be it standard or robotic. We are thrilled to embark on this partnership and look forward to seeing what the future holds.
Encision Inc. brings the cutting edge of surgical procedure safety to hospitals across the country with its portfolio of high-performance surgical instruments. Pioneering the development of Active Electrode Monitoring (AEM) technology, Encision ensures that minimally invasive procedures are free of dangerous stray energy burns. With its home base in Boulder, Colorado, Encision is making strides in patient safety, surgical performance, and value every day.
As we look ahead, there are risks and uncertainties that may impact our future performance. Our ability to develop new or enhanced products, increase net sales, and compete against other manufacturers of surgical instruments, as well as our ability to attract new accounts and fund operations, could all affect our results. We encourage our readers to review the risk factors and other disclosures in our Annual Report on Form 10-K for the year ended March 31 2022 and subsequent filings with the Securities and Exchange Commission, to get a better understanding of these potential risks. We remain committed to providing our stakeholders with the best possible outcomes and will continue to work hard to make sure our future performance is successful.