# PSIONIC

**Source:** https://www.startuphub.ai/startups/psionic
**Profile type:** Startup

> Develops advanced robotic components and systems for space and industrial use.

## About

PSIONIC is a company focused on creating advanced bionic prosthetics, like the Ability Hand, which offers touch feedback and is Medicare-covered. They also develop GPS-independent navigation systems for land, air, and space, utilizing proprietary Doppler lidar. Their mission is to make advanced technology accessible and affordable for a wide range of users and applications.

## Key facts

- **Slug:** psionic
- **Website:** https://www.psyonic.io/
- **Location:** Hampton, United States
- **Founded:** 2016-01-01
- **Operating status:** Active
- **Total funding:** $27M
- **Sectors / tags:** AI, Robotics, Healthcare, Aerospace, Defense, SaaS, Fintech, SpaceTech

## Frequently asked

### What does PSIONIC do?

PSIONIC is a company focused on creating advanced bionic prosthetics, like the Ability Hand, which offers touch feedback and is Medicare-covered. They also develop GPS-independent navigation systems for land, air, and space, utilizing proprietary Doppler lidar. Their mission is to make advanced technology accessible and affordable for a wide range of users and applications.

### What is PSIONIC's revenue?

StartupHub estimates PSIONIC's annual revenue at $12.3M (range $6.2M to $23.3M, 34% confidence), based on comparable companies in the sector.

### What is PSIONIC's valuation?

StartupHub estimates PSIONIC's effective valuation at $107.6M (range $67.6M to $162.2M, 21% confidence), based on comparable companies in the sector.

### How much funding has PSIONIC raised?

PSIONIC has raised a total of $27M in funding. The most recent round on record is Series A.

### Where is PSIONIC headquartered?

PSIONIC is headquartered in Hampton, United States.

### When was PSIONIC founded?

PSIONIC was founded in 2016.

### What industry does PSIONIC operate in?

PSIONIC operates in AI, Robotics, Healthcare, Aerospace, Defense, SaaS.

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