shares of Titan Medical Inc (TMDI) on
Titan Medical, Inc. engages in the research and development of SPORT Surgical System, a computer-assisted robotic surgical technologies for application in minimally invasive surgery (MIS) comprising single-port robotic surgical system. The company is headquartered in Toronto, Ontario and currently employs 10 full-time employees. The firm is developing the SPORT (Single Port Orifice Robotic Technology) Surgical System, a single-port/single-incision robotic surgical system to provide tele-operation (remote surgery) capabilities. The SPORT Surgical System comprises a surgeon-controlled robotic platform (patient cart) that includes a three dimensional (3D) high definition vision system and multi-articulating instruments for performing MIS procedures, and a surgeon workstation that provides the surgeon with an ergonomic interface to the robotic platform and also provides a 3D endoscopic view of inside a patient’s body during MIS procedures. The SPORT Surgical System is also being developed to allow for data collection and analytics that could be utilized by the surgeon and/or operation room teams.