Redefining Human

INVEST IN PSYONIC TODAY!

The Ability Hand™ by PSYONIC is an in-market prosthetic hand that offers users faster and more functional mobility at a fraction of the cost. Leveraging proprietary bionic technology breakthroughs, the hand replicates touch sensation for amputees, and is accessible to most Americans with upper limb differences because it is covered by Medicare.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
PSYONIC

Reasons to Invest

  • PSYONIC’s Ability Hand™ offers those with limb differences the high-performance solution they deserve. We designed our bionic hand to be the fastest, and believe that it is the first of its kind to offer true multi-touch sensitivity (source). For what we believe is the very first time with a commercially available bionic hand, users can feel a vibration from multiple areas of the fingers when they touch an object! 

  • The global market for prosthetics and orthotics is approaching the $2.8 billion mark and has the potential to expand as a population of about 3.5 million people are estimated to potentially experience limb loss by 2050 (source).

  • Prioritizing affordability, PSYONIC has worked diligently to ensure that our products cost less (source) and are covered by Medicare as well as private insurance (source).

overview



Advanced Bionic Technology Made Accessible to All


PSYONIC believes that every individual with a limb difference deserves access to the best available prosthetic devices. Setting out to develop a new kind of bionic hand, our team was founded by an engineer, and sought the expertise of doctors, designers, clinicians, public health experts, and social workers, in order to create technology that would be as accessible as it is innovative. 




The result of these efforts is the Ability Hand™ – an affordable, lightweight, multi-articulated bionic hand, with instant sensory feedback so users can truly feel what they touch.


The Problem & our solution



A Revolutionary Solution to a Long-Standing Need


Despite some advances in mobility technology over the past several decades, many of today’s options still fail to deliver in terms of comfort, agility, and controllability. Many people with a limb difference consider hooks inconvenient (source), while 3D-printed, myoelectric, or multi-articulated devices tend to be costly and lack functionality. These approaches don’t offer the kind of touch feedback that is so important to users.



So we built something better. PSYONIC designed the Ability Hand™ to be lightweight, lightning fast, intuitive, and strong, while also featuring what we believe is the first multi-touch sensing technology of its kind. Using dynamic fingertip sensors, the hand detects pressure and uses vibration to communicate sensation, so that users can actually feel what they are touching and work with even the most delicate objects.


The Market & our traction



From Mobility to The Metaverse


Since launching in September 2021, PSYONIC has made some incredible strides. We received a $1 million grant from the National Science Foundation for Small Business Innovation Research (source) as well as positive press from a number of major news organizations. We were even deemed “The World’s Most Badass Prosthetic Arm” by Popular Mechanics in April 2022 (source).


(source & source


The Ability Hand™ has users throughout the United States, and the number of orders we receive grows every year. Besides the prosthetics industry, we believe there is demand for our products in the robotics and tech market – from clients that include Meta and Apptronik, and our goal is to scale to meet these opportunities, while also continuing to advance the field of bionics. 


Why Invest



Invest in Technology that Touches Lives


From its inception, PSYONIC was founded with a mission of redefining what it means to be human, and we believe that the Ability Hand™ is just the beginning. In the near future, our vision is to expand to include other prosthetic limbs and seamless integration with the human neuromuscular system. 



The market for our technology is continuing to grow rapidly. We are looking for investors who, like us, believe that everyone should have access to the most advanced prosthetic technology at an affordable price. Join our bionic revolution by investing with PSYONIC. 

ABOUT

HEADQUARTERS
9999 Businesspark Ave, Suite B
San Diego, CA 92131
VALUATION
$49.94M

The Ability Hand™ by PSYONIC is an in-market prosthetic hand that offers users faster and more functional mobility at a fraction of the cost. Leveraging proprietary bionic technology breakthroughs, the hand replicates touch sensation for amputees, and is accessible to most Americans with upper limb differences because it is covered by Medicare.

TEAM

Dr. Aadeel  Akhtar
Dr. Aadeel Akhtar
CEO + Founder

World expert and award-winning neuroengineer, scientist, and entrepreneur

Whitney Akhtar, LCSW

Whitney Akhtar, LCSW

Director of Human Resources

Experienced social worker and mental health/trauma care expert

Jesse Cornman

Jesse Cornman

Director of Engineering

Award-winning engineer, tinkerer, and hacker with over 10+ years of experience building robots

James Austin, MS

James Austin, MS

Lead Mechanical Engineer

Award-winning engineer from one of the world's top prosthetic research labs at the University of Alberta

Anissa Akrout, DPT, ME

Anissa Akrout, DPT, ME

Clinical Support Specialist

Doctor of physical therapy and biomedical engineer

Lucy Zhang

Lucy Zhang

Director of Operations

Manufacturing efficiency expert with engineering degree from the University of Illinois at Urbana-Champaign

TERMS

PSYONIC
Overview
PRICE PER SHARE
$2.35
DEADLINE
Jan 17, 2023
VALUATION
$49.94M
AMOUNT RAISED
$588,148.59
Breakdown
MIN INVESTMENT
$249.10
MAX INVESTMENT
$1,234,997.85
MIN NUMBER OF SHARES OFFERED
4,255
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Class B Common Non-Voting
MAX NUMBER OF SHARES OFFERED
525,531

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

PSYONIC, Inc.

Corporate Address

:

9999 Businesspark Ave, Suite B, San Diego, CA 92131

Offering Minimum

:

$9,999.25

Offering Maximum

:

$1,234,997.85

Minimum Investment Amount

(per investor)

:

$249.10











Terms


Offering Type

:

Equity

Security Name

:

Class B Common Non-Voting

Minimum Number of Shares Offered

:

4,255

Maximum Number of Shares Offered

:

525,531

Price per Share

:

$2.35

Pre-Money Valuation

:

$49,937,500.00











*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.


Investment Incentives & Bonuses*



Time-Based:

Super Early Bird Bonus

Invest within the first two weeks and receive 5% bonus shares

 

Early Bird Bonus

Invest within the first three weeks and receive 2% bonus shares

 

Amount-Based:

$500+

Tier 1

Invest $500+ and Join the Owner’s Group, which includes exclusive access to investor updates, webinars, and PSYONIC merch

 

$1,500+

Tier 2

Invest $1,500+ and Receive 2% Bonus Shares + Join the Owner’s Group 

 

$2,500+

Tier 3

Invest $2,500+ and Receive 3% Bonus Shares + Joint the Owner’s Group

 

$5,000+

Tier 4

Invest $5,000+ and Receive 5% Bonus Shares + Join the Owner’s Group

 

$10,000+

Tier 5

Invest $10,000+ and Receive 10% Bonus Shares + 30-minute call with CEO/Founder Aadeel Akhtar + Join the Owner’s Group

 

$20,000+

Tier 6

Invest $20,000+ and Receive 20% Bonus Shares + 30-minute call with CEO/Founder Aadeel Akhtar + Join the Owner’s Group

TTW Reservations:

10% bonus shares for those who reserved shares during the pre-launch TTW phase.


*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.


The 10% StartEngine Owners' Bonus

PSYONIC will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Non-Voting Stock at $2.35 / share, you will receive 110 shares of Class B Common Non-Voting Stock, meaning you'll own 110 shares for $235. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and TTW Reservation bonus in addition to the aforementioned bonus.

PRESS

Article Image
Popular Mechanics

This Prosthetic Hand Is Stronger, Lighter, and Better Than You

Article Image
San Diego Business Journal

PSYONIC Brings Advanced Bionics to San Diego

Article Image
CBS 58 WDJT Milwaukee

'She's always had this strive to shoot for anything that she wants': Milwaukee teen impresses with prosthetic hand prowess

Article Image
Newsweek

America's Greatest Disruptors: Medical Marvels

Article Image
Interesting Engineering

An Engineer Arm-Wrestled a National Champion With a Bionic Hand. Who Won?










ALL UPDATES

12.01.22

PSYONIC Ability Hand is 'a dream come true'

INVEST MORE THAN $1,500 IN PSYONIC AND RECEIVE BONUS SHARES

David had tried a prosthetic hand before. It wasn't for him, and he went back to using a hook instead. "“It’s uncomfortable, and it doesn’t function well,” he said of the old prosthesis. “But to be what I am — very physical — and to be outside working in the yard, raking, doing things like that, it doesn’t work.” 

Now, David is using a PSYONIC Ability Hand as part of a study at University of California Davis, where a team is working to make life easier for amputees through a combination of surgery, advanced machine learning, and smart prosthetics.

“For me, I love the outdoors. This is a dream come true because I’ll be able to grab my fishing pole and reel and grab things again instead of trying to hook it and it keeps slipping off,” he said. 

Watch the video below to hear more about David his new Ability Hand. He's a terrific example of PSYONIC users around the country and the growing $3 billion bionic limb market. 

Be sure to invest in PSYONIC now!

These testimonials may not be representative of others' experiences and are not a guarantee of future performance or success.

11.28.22

On CNBC, in Newsweek, and at the dinner table

In the last year, PSYONIC's Ability Hand has appeared on CNBC as a "Miracle in the Works" and in Newsweek as a "Medical Marvel." We're always excited for the opportunity to tell our story in such high-profile media.

But, on Thursday, the Ability Hand showed up in an even more special spot -- at one of our user's Thanksgiving dinners. He shared this photo with us and made our day. This is why we work so hard and why, with your backing, we're going to grow our company and impact for years to come. 

Invest in PSYONIC or expand your investment today. There are so many more thrilled users and so much more opportunity headed our way!

Don't leave your bonus shares on the table! Invest $1,500 or more.

11.23.22

Here's to you!

It's been such an exciting month for us, full of opportunity for PSYONIC. Tomorrow gives us time to reflect on our mission, our users, and your support. Those three things are at the front of our minds every day. They give us the drive and energy to deliver groundbreaking bionic technology -- as well as the care that people with upper limb difference need and deserve. 

Thank you for joining us on this incredible adventure. We hope your Thanksgiving is full of the people and moments that you love.


And, yes, if you're wondering, even our pumpkin pies come complete with the PSYONIC logo. 




11.22.22

'I've seen 5,000 pitch decks. None have as clear a mission as PSYONIC.'

We are so grateful to have reached $575,000 in committed investments backing PSYONIC -- and for the incredible confidence you have in us. Investors from all over the country are sharing their excitement. 

Take a look at this, for example...

I just invested in PSYONIC's new round. As a venture investor, I see alot of startup ideas. I have seen close to 5,000 pitch decks in four years. None have as clear a mission as Aadeel and the PSYONIC team. Not only is the Ability Hand technology groundbreaking, but also it serves a major pain point for the amputee community in terms of lower cost and improved durability. I am proud to be apart of this round and to enable PSYONIC to spread their mission to the world. Please support by forwarding this investment opportunity to those that want to make a better prosthetic universe.


Or this note from a doctor who is supporting PSYONIC...

As a vascular surgeon, I can attest to the challenges experienced by amputees; as an individual, three of my family members have experienced amputations as well. Both professionally and personally, I can attest to the importance of a useful, practical prosthetic that offers functionality and a return to routine activities of every day living. As an early investor, I can say with confidence that PSYONIC is not just providing a prosthetic to patients, they're providing a return to life for their patients.

 

Join more than 210 other investors and join PSYONIC's bionic revolution.


These testimonials may not be representative of others' experiences and are not a guarantee of future performance or success.

11.19.22

Joy Returns!

We got an incredible note last week. Here's what Carolina told us about her husband Gabriel and his new Ability Hand, when she sent us some photos of him using it.

"Maybe for many it doesn't mean anything but for me and especially for my husband this is a lot...you don't know the excitement we felt when [he finally got] his prosthesis 🥺 😭 😭 😍 he couldn't fit the emotion when they told him that he was ready...Thank you very much because thanks to you joy returns to people like my husband ❤️ thank you very much this means a lot to us...This is the beginning!"

Our investors help make that joy and excitement possible. And Carolina is right. This is just the beginning. Invest in PSYONIC or buy more shares today.



We're more than $560,000 into our StartEngine campaign. And there are still bonus shares available for anyone who invests more than $1,500.  So get in or boost your investment today!

11.17.22

The Big 2-0-0. Who's contributing to our next milestone?

As of today, 200 people have joined our bionic revolution.  Are you next? Ready to help deliver the "world's most badass prosthetic" to the $15 billion prosthetics and orthotics market and the $3 billion bionics market? There's so much room to grow, and we hope you'll invest today. 

Remember, PSYONIC is part of the StartEngine Owner's Bonus program, making members eligible for 10% in bonus shares. Get those shares now!


Interested in investing more than $20,000 in the fastest and first multi-touch sensing bionic hand? (TWO of you were last week!) Get in touch for important information about investor fees.

11.14.22

🚜Back on the farm🚜

Meet Cody. He was injured in a farming accident a few years ago, and the Ability Hand has helped him get back to work. The Ability Hand's light weight makes it more comfortable for Cody. And the first-on-the-market touch-sensing technology means Garrett -- the Iraq veteran that we introduced you to last week -- can feel his daughter's hand when he holds it. 

Invest in PSYONIC today. We're leading the field and changing lives. Members of the StartEngine Owner's Program get 10% bonus shares, and bonus shares are also available for anyone who invests more than $1,500.

Check out this video from Scripps news to hear more of their stories.

We're creating new innovations in prosthetics and robotics every day -- grabbing our share of the fast-growing bionic limb market. 

Now is the time to join our our bionic revolution.

11.11.22

Army veteran breaking flaming boards with a bionic hand

Sgt. Garrett Anderson, who was injured by an IED in Iraq, was one of PSYONIC's very first users. The guy is Army Strong, and he's been working with the Ability Hand since it was a prototype. He's always up for a challenge. So, when we were hot to test just how durable the Ability Hand is, he didn't ice us out.


Thank you to all our veterans, and a special thank you to Sgt. Anderson for all he's done for us over the years.


We're breaking through technological barriers -- delivering the world's first touch-sensing bionic hand -- and he's out there breaking through flaming boards with us. Check it out below! Then share this terrific video on Facebook, Instagram, LinkedIn, YouTube, and Twitter


Don't try this at home. Do invest in PSYONIC today.


Wednesday was our best day on StartEngine ever. We raised more than $100,000 in less than 24 hours. Burning to join our bionic revolution? Invest now.

11.09.22

Blasting past $400,000

PSYONIC just passed the $400,000 mark on our StartEngine campaign. Not invested yet? The clock is ticking, so be sure to join our bionic revolution today. 

We're delivering the world's first multi-touch bionic hand to users across the country, breaking into the robotics industry with research partners around globe, and doing it all at a price that's covered by Medicare.

There are so many great things to come for PSYONIC and our users. We're having a blast and making advanced bionic limbs accessible to everyone who needs them. Get on board!


 

11.07.22

Less than 2 days left for early bird perks!

PSYONIC's Ability Hand closes faster than the blink of an eye -- literally. But you still need to hurry! Early bird bonus shares end soon. Less than 48 hours left on the clock! Invest now or add to your investment and lock in your bonus shares. 












Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into PSYONIC.

$249.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$500.00

Tier 1

Invest $500+ and Join the Owner’s Group, which includes exclusive access to investor updates, webinars, and PSYONIC merch

$1,500.00

Tier 2

Invest $1,500+ and Receive 2% Bonus Shares + Join the Owner’s Group

$2,500.00

Tier 3

Invest $2,500+ and Receive 3% Bonus Shares + Join the Owner’s Group

$5,000.00

Tier 4

Invest $5,000+ and Receive 5% Bonus Shares + Join the Owner’s Group

$10,000.00

Tier 5

Invest $10,000+ and Receive 10% Bonus Shares + 30-minute call with CEO/Founder Aadeel Akhtar + Join the Owner’s Group

$20,000.00

Tier 6

Invest $20,000+ and Receive 20% Bonus Shares + 30-minute call with CEO/Founder Aadeel Akhtar + Join the Owner’s Group

JOIN THE DISCUSSION













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