Paradromics is developing next-generation brain-machine interfaces designed majorly to increase the data transmission rate between brains and computers. The plan is to enable neural interface technologies initially to be used to enable physically disabled patients to reconnect with the outside world. Massively Parallel Neural Interfaces and Real–Time Decoding will enable better treatment options for neurodegenerative diseases and advanced neuroprosthetic limbs for those suffering from amputation or spinal cord injuries. Describing themselves as developing high-bandwidth Neural Interfaces for advanced prosthetic therapies, almost coincident with converting their first SBIR (in NIH) from Phase I to Phase II, the firm was awarded one of SIX high profile DARPA Awards - that of Paradromics values at $18.6M - to work on Brain Computer interface potentially having important impact in provding better treatment options for neurodegenerative diseases and advanced neuroprosthetic limbs for those suffering from amputation or spinal cord injuries.. Remarkable!
