Smart Business Magazine, March 2018

March 2018 Smart Business Pittsburgh 11 WATCH IN 2018 Sources Rich Lunak president and CEO Innovation Works James Jordan president CEO managing director Pittsburgh Life Sciences Greenhouse Jackie Erickson founder Pittsburgh Robotics Network HEALTH CARE Excel Medicals WAVE Clinical Platform received U S Food and Drug Administration clearance The companys predictive algorithm technology seeks to eradicate unexpected deaths in hospitals WAVE automatically calculates risk giving an at a glance early warning of patient deterioration up to six hours in advance of when clinicians would otherwise notice www excel medical com Carmell Therapeutics a CMU spin out has created a highly innovative patented technology based on biologically active materials manufactured from allogenic human blood plasma In 2017 it raised 4 million to advance its first product candidate Bone Healing Accelerant to phase III clinical development and moved to a new facility www carmellrx com ARIEL Precision Medicine is an integrated genomic and digital health company founded by Dr David Whitcomb one of the worlds leading visionaries in understanding and managing complex chronic diseases www arielmedicine com Forest Devices is developing ALPHASTROKE the first portable stroke screening device The clinical stage medical device company closed a 23 million seed round www forestdevices com ROBOTICS Edge Case Research can test and verify that the code developed for robots autonomous vehicles and electronic devices will perform safely and efficiently in real world settings Cofounders Mike Wagner and Phil Koopman are the leading experts in embedded software safety for autonomous systems ECR capabilities are unique and necessary to build the confidence in the safety of autonomous vehicles www edge case research com Kaarta has developed a handheld device that can create 3 D maps and models in real time This has applications for the building architecture and construction industries Kaarta received an award from Microsoft as the most accurate indoor localization and mapping device www kaarta com Near Earth Autonomy is developing autonomous systems for aerial vehicles Its technology can enable autonomous flight for all aircraft from small scale drones to full size helicopters Near Earth is partnering with Boeing A 3 subsidiary of Airbus NASA and the Department of Defense www nearearth aero IAM Robotics Swift suite provides an autonomous solution for industrial material handling Its mobile picking robot which operates at human speed but with greater accuracy is deployed in warehouses www iamrobotics com CMU spin off HuMoTech is building high performance tethered robotic exoskeletons and prostheses www humotech com Rich Lunak president and CEO of Innovation Works will be moderating the State of Technology in Pittsburgh panel at ASPIRE 2018 on March 8 at the Wyndham Grand Pittsburgh Downtown Register at www aspirepittsburgh com