SASTIC signed its first investment (Convertable Notes) agreement with the AIP Tech team.
With this investment, SASTIC will contribute to the development of orthopedic implant technologies in Armenia, in particular, to the 3D modeling of virtual implants, surgical planning, and preparation of patient-specific anatomical models and implants using 3D printing and 5X CNC machines.
The AIP Tech commits to providing 5 copies of implants to our war-affected beneficiaries to restore their health.
Current Status: Under Review.
Our (ArmBionics) goal is to develop this field in Armenia by launching a modern laboratory which will allow us to implement our research and development stage, create and test our rehab technologies, create few types of upper limb prosthetics, and make a huge impact not only on the physical but also psychosocial life of disabled people. There are thousands of people with upper limb amputation in our region and there is a need for high-quality limb prosthetics for them. Also considering the damages of the Artsakh’s 44 days war which started on 27 September 2020 there are many more Armenian soldiers who have lost their upper limbs. Disability leads to isolation from society, loss of self-esteem, loss of self-confidence, loss of faith in the future. However, there is no company in our country that provides highly functional and affordable upper limb prostheses. By creating high quality and affordable bionic hands, we will help those people to restore their abilities, to feel and move the hand as well as it would be possible with a healthy hand.