After the quarterly rebalancing, ReWalk Robotics and IPG Photonics are now the newest constituents of the 85 stock index tracking robotics and automation industry.

ReWalk Robotics recently made the news after receiving the first FDA approval for an exoskeleton that assists paraplegics for personal use. The company’s IPO raised $36 million and the share price soared within hours. Rewalk is the only commercialized exoskeleton using a tilt sensor to restore self-initiated walking. Through subtle changes in the user’s center of gravity the exoskeleton can control the users movement. It is expected to fundamentally change the life and health expectations of its previously immobile users.

IPG Photonics specializes in the production of lasers for applications throughout the entire process of the materials processing market.  The lasers are integrated into multi-axis cutting systems, robots, and scanners that can be programmed to process an enormous variety of materials. IPG Photonics is quickly becoming part of the 3D welding world due to the lasers’ low cost, flexibility of use, and high speed.

The ROBO-STOX team remains focused on actively monitoring the market  to ensure index inclusion of all robotic and automation companies.