Stereotaxis Inc (Stereotaxis) designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory.

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Stereotaxis R&D efforts focus on the development and enhancement of Robotic Magnetic Navigation Systems, designing new proprietary disposable interventional devices for use in Electrophysiology and other clinical specialties, and software and engineering efforts to enhance imaging integrations, user interface, automated navigation, and operating room connectivity. The company collaborates with strategic third parties to integrate its robotic magnetic navigation system's open architecture platform with key imaging, location sensing, and information systems in the interventional lab. Additionally, Stereotaxis has agreements with universities and teaching hospitals to increase access to world-class physicians and expand name recognition in the medical community. Stereotaxis’ intellectual property portfolio spans patent that protect its rights to magnet technology, navigational methods, systems, disposable interventional devices, 3D integration technology, and procedures. As of December 31, 2024, Stereotaxis had 44 issued US patents and two pending US patent applications. Additionally, the company had seven issued foreign patents and five pending foreign patent applications. In FY2024, the company spent US$9.7 million on its R&D activities, which as a percentage of revenue stood at 36.2%.