ALTEC, INC
Natick, MA · Medtech · Private
Virtual reality system with whole-body motion tracking for remote pediatric pain management through guided yoga therapy and therapist-patient interaction
altecresearch.com →- Grants
- $23M
- 46 awards
- Sector median: 1
- Raised
- —
- No Form D on record
- Contracts
- $12M
- 7 awards · Health and Human S, Defense
- #62 of 4531 in medtech
- Patents
- 5
- 2 granted · 3 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓2014201620182020202220242026
| Date | Event | Source | Amount |
|---|---|---|---|
| Federal grant | Department of Health and Human Services · Phase II · Non-invasive System for Identifying Motoneuron Behavior | $518,940 | |
| Federal grant | Department of Health and Human Services · Phase II · Non-invasive System for Identifying Motoneuron Behavior | $5,000 | |
| Federal grant | Department of Health and Human Services · Phase I · Motor Unit Drive (MU Drive) for Prosthetic Control | $290,500 | |
| Federal grant | Department of Health and Human Services · Phase II · A Wireless Sensor System for Reliable Recordings During Exercise | $491,755 | |
| Federal grant | Department of Health and Human Services · Phase I · Motor Unit Drive (MU Drive) for Prosthetic Control | $581,412 | |
| Federal grant | Department of Health and Human Services · Phase II · Subvocal Speech for Augmentative and Alternative Communication | $718,952 | |
| Federal grant | Department of Health and Human Services · Phase II · Subvocal Speech for Augmentative and Alternative Communication | $1,432,973 | |
| Federal grant | Department of Health and Human Services · Phase II · A Software Platform for Sensor-based Movement Disorder Recognition | $574,937 | |
| Federal grant | Department of Health and Human Services · Phase II · Non-invasive System for Identifying Motoneuron Behavior | $498,514 | |
| Federal grant | Department of Health and Human Services · Phase II · A Wireless Sensor System for Reliable Recordings During Exercise | $483,976 | |
| Federal grant | Department of Health and Human Services · Phase II · A Software Platform for Sensor-based Movement Disorder Recognition | $565,326 | |
| Federal grant | Department of Health and Human Services · Phase I · Motor Unit Drive (MU Drive) for Prosthetic Control | $290,912 | |
| Federal grant | Department of Health and Human Services · Phase II · Subvocal Speech for Augmentative and Alternative Communication | $714,021 | |
| Federal grant | Department of Health and Human Services · Phase II · A Software Platform for Sensor-based Movement Disorder Recognition | $566,524 | |
| Federal grant | Department of Health and Human Services · Phase II · A Wireless Sensor System for Reliable Recordings During Exercise | $478,740 | |
| Federal grant | Department of Health and Human Services · Phase I · EMG Voice Restoration | $224,967 | |
| Federal grant | Department of Health and Human Services · Phase I · EMG Voice Restoration | $224,967 | |
| Federal grant | Department of Health and Human Services · Phase II · NeuroMAP System for Clinical Research | $793,693 | |
| Federal grant | Department of Health and Human Services · Phase II · Motor Unit Drive (MU Drive) for Prosthetic Control | $508,577 | |
| Federal grant | Department of Health and Human Services · Phase II · Motor Unit Drive (MU Drive) for Prosthetic Control | $1,487,944 | |
| Federal grant | Department of Health and Human Services · Phase II · NeuroMAP System for Clinical Research | $629,721 | |
| Federal grant | Department of Health and Human Services · Phase II · Motor Unit Drive (MU Drive) for Prosthetic Control | $488,698 | |
| Federal grant | Department of Health and Human Services · Phase I · Precision Gait Retraining for Children with Cerebral Palsy | $295,297 | |
| Federal grant | Department of Health and Human Services · Phase I · Precision Gait Retraining for Children with Cerebral Palsy | $295,297 | |
| Federal grant | Department of Health and Human Services · Phase I · Adaptive & Individualized AAC | $224,701 | |
| Federal grant | Department of Health and Human Services · Phase I · Adaptive & Individualized AAC | $224,701 | |
| Federal grant | Department of Health and Human Services · Phase II · EMG Voice Restoration | $506,347 | |
| Federal grant | Department of Health and Human Services · Phase II · NeuroMAP System for Clinical Research | $535,902 | |
| Federal grant | Department of Health and Human Services · Phase II · Motor Unit Drive (MU Drive) for Prosthetic Control | $490,669 | |
| Federal grant | Department of Health and Human Services · Phase II · EMG Voice Restoration | $563,939 | |
| Federal grant | Department of Health and Human Services · Phase I · Augmented Reality Platform for Telehealth Rehabilitiation | $286,972 | |
| Federal contract | Department of Health and Human Services · Immersive And Interactive Vr Platform For Quantitative Telehealth Rehabilitation Of Rare Diseases. SBIR Phase I Topic 020. | $324,685 | |
| Federal grant | Department of Health and Human Services · Phase I · Non-Contact Solution for Quantitative Clinical Management of MTD | $256,439 | |
| Federal grant | Department of Health and Human Services · Phase II · EMG Voice Restoration | $580,784 | |
| Federal grant | Department of Health and Human Services · Phase II · Adaptive & Individualized AAC | $575,701 | |
| Federal grant | Department of Health and Human Services · Phase I · SpeechSense: An Interactive Sensor Platform for Speech Therapy | $254,556 | |
| Federal grant | Department of Health and Human Services · Phase I · SpeechSense: An Interactive Sensor Platform for Speech Therapy | $254,556 | |
| Federal grant | Department of Health and Human Services · Phase I · NeuroVision™: A Smartphone Application for Neurology and Telemedicine | $320,927 | |
| Federal grant· 1 of 2 same day | Department of Health and Human Services · Phase I · Whole-Body VR for Pediatric Yoga Therapy | $325,807 | |
| Federal grant· 2 of 2 same day | Department of Health and Human Services · Phase I · Whole-Body VR for Pediatric Yoga Therapy | $651,300 | |
| Federal grant | Department of Health and Human Services · Phase II · Adaptive & Individualized AAC | $584,894 | |
| Federal contract | Department of Defense · Small Business Innovation Research (SBIR) Phase I, Army Topic A234-004, "diver Performance Monitoring System" | $149,442 | |
| Federal grant | Department of Health and Human Services · Phase II · Augmented Reality Platform for Telehealth Rehabilitation | $606,657 | |
| Federal contract | Department of Health and Human Services · SBIR Phase II Topic 020 Contract: Development Of Remote Rare Disease Care Environment Through Immersive Virtual Reality. Immersive And Interactive Vr Platform For Quantitative Telehealth Rehabilitation Of Rare Diseases | $1,713,818 | |
| Federal grant | Department of Health and Human Services · Phase I · NeuroVision™: A Smartphone Application for Neurology and Telemedicine | $320,852 | |
| Federal grant | Department of Health and Human Services · Phase I · Whole-Body VR for Pediatric Yoga Therapy | $325,493 | |
| Federal contract | Department of Defense · Altec Inc. SBIR Phase II To Develop The Hybrid Diver Readiness Observation System (hydros). | $2,999,647 | |
| Federal grant | Department of Health and Human Services · Phase II · Adaptive & Individualized AAC | $560,546 | |
| Federal contract | Department of Defense · Kinematic Assessment And Training | $301,244 | |
| Federal grant | Department of Health and Human Services · Phase II · Augmented Reality Platform for Telehealth Rehabilitation | $700,663 | |
| Federal grant | Department of Health and Human Services · Phase II · Augmented Reality Platform for Telehealth Rehabilitation | $690,901 | |
| Federal contract | Department of Defense · Small Business Innovation Research (SBIR) Phase II Sequential Topic A234-004, Diver Performance Monitoring System. | $5,998,884 | |
| Federal contract | Department of Defense · Kinematic Assessment And Training Of Musculoskeletal Injuries (mskis) | $120,296 |
Federal grant · SBIR/STTRFederal contract · USAspending
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 59 | REDUX INC | $12M | $1.0M |
| 60 | ARCHIE MD INC. | $12M | — |
| 61 | QUSPIN INC. | $12M | — |
| 62 | ALTEC, INC | $12M | — |
| 63 | ProteinSimple | $11M | — |
| 64 | TANGEN BIOSCIENCES, INC. | $11M | $20M |
| 65 | Countervail Corporation | $11M | — |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Patents
- Disposable Protective Overlay Covering For Biomedical Sensorsgranted
- Disposable Low-profile Conformable Biomedical Sensorgranted
- Signal Quality Monitor For Electromyographic Sensorsapplication
- Signal Quality Monitor For Electromyographic Sensorsapplication
- Disposable Low-profile Conformable Biomedical Sensorapplication
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
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