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Microbot Medical Inc (Microbot) is a commercial stage medical device company focused on transforming endovascular procedures through advanced robotic technology. The company offers research, design and development of next generation robotic endoluminal surgery devices targeting the minimally invasive surgery space. Its product includes endovascular robotic system, for use in the remote delivery and manipulation of guidewires and catheters to facilitate navigation to anatomical targets in the peripheral vasculature. Microbot leverages LIBERTY technological platform for various endovascular interventional procedures. It operates in the US and Israel. Microbot is headquartered in Hingham, Massachusetts, the US.
Headquarters
United States of America
Address
Building 27, 175 Derby Street, Hingham, Massachusetts, 02043
Website
www.microbotmedical.com
Telephone
1 781 8753605
No of Employees
43
Industry
Medical Equipment
Ticker Symbol & Exchange
MBOT (NASD)
EPS
XYZ
Net Income (2024)
XYZ
-14.8%
(2024 vs 2023)
Market Cap*
$69.9M
Net Profit Margin (0 vs)
XYZ
0.0%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Endovascular Robotic Surgical System | Liberty |
| Platform: | Intervention |
| LIBERTY Technological Platform | AccuGrip |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company entered into a Letter of Agreement with Sanmina Corporation to serve as a second manufacturing site for its FDA-cleared LIBERTY System, a single-use, remotely operated robotic system for peripheral endovascular procedures, aiming to improve operating efficiencies, lower costs, and expand gross margins as demand rises. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Nitiloop, a medical device firm. |
| 2021 | Contracts/Agreements | In December, the company and Stryker entered into a collaboration to develop the LIBERTY Robotic System for neurovascular applications. |
Competitor Comparison
| Key Parameters | Microbot Medical Inc | Zivo Bioscience Inc | BioCardia Inc | Bionaut Labs Inc | Cypherpunk Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Hingham | Keego Harbor | Sunnyvale | Los Angeles | Cambridge |
| State/Province | Massachusetts | Michigan | California | California | Massachusetts |
| No. of Employees | 43 | 7 | 17 | - | 6 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Harel Gadot | Chief Executive Officer; President; Chairman | Executive Board | 2010 | 53 |
| Rachel Vaknin | Chief Financial Officer | Senior Management | 2022 | 46 |
| Simon Sharon | General Manager - Microbot Israel; Chief Technology Officer | Senior Management | 2021 | 64 |
| Juan Diaz-Cartelle | Chief Medical Officer | Senior Management | 2023 | 48 |
| Christina Bailey | Vice President - Sales | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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