Updates, milestones, and links shared by Advanced TeleSensors Inc..
Our 1st customer under contract is starting to deploy devices in the field as per their sales flow
We have successfully completed manufacturing release to a 2nd manufacturer. This manufacturer is 20% lower in cost and will build the product and will be reimbursed for the cost after we receive payment
We have our 1st long term contract with a key healthcare company and expect to start ramping sales in the 2nd half of 2024
Selected to 1st Cohort of Care in Space Accelerator - dual use applications terrestrial and spce
opened $2.5M convertible note in August and raised $250K
2nd Pilot Testing with large nursing to start
Pilot testing for Home Health started with large skilled nursing home chain
Submitted FDA Pre-submission for 510(k) compliance, clinical validation and human factor protocol
Deployed 200 sensors at nursing homes through Patient Care Integrators
We are excited to be a part of the Capital Factory's portfolio company. We have started pilot testing with UT Health School of Nursing San Antonio for validation of non-intrusive cardiac monitoring in skilled nursing facilities and nursing homes. In parallel we are in discussions with the FDA after filing for a FDA 510(k) clearance.
Delivered a commecial for non-medical applications for continuous heart monitoring in a consumer setting and pilot testing