Flex Technology Inc, Virginia, United States
Flex Technology has developed flexible shafts that provide equal bi-directional torque for rotary power transmission. Developed for medical instruments and implants, other applications being developed include flexible shafts, bolts, screws, drills and screwdrivers for aerospace, marine and automotive applications.
Primary Application Area: Medical Devices
Technology Development Status: Proven Manufacturability
Technology Readiness Level: TRL 7
FIGURES OF MERIT
Value Proposition: Two independent companies have placed a valuation of the company between $3M to $4M based on current royalties
Organization Type: Early-stage Startup (Seed)
Showcase Booth #: 845
GOVT/EXTERNAL FUNDING SOURCES
Government Funding/Support to Date: Had numerous Phase I and Phase II grants for other medical devices.
Primary Sources of Funding: Angel, Friends, Family, Corporate Partner
Looking for: Both Funding and Development Partners