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Ekso Bionics Facing Sale Amid AI Shift | San Jose News
Ekso Bionics, the maker of revolutionary exoskeletons for mobility and industry, is set to be sold off by its parent company ChronoScale — a new AI-focused entity formed via a reverse merger — with a target closing by end of August, though it could stretch to a year. Facing losses and declining revenue, Ekso’s divestment makes strategic sense as ChronoScale pivots to AI, recently partnering with Microsoft to boost its tech. The future of Ekso’s San Rafael operations remains uncertain, though one source hints at a possible two-year lease extension. This marks the end of an era for wearable…
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