Active Protective Technologies, Inc.
↗Conshohocken, Pennsylvania, USA
Active Protective Technologies (APT) is a medical device company that develops connected health products designed to enable older adults to safely age in place. The company's primary innovation is the Tango Belt, a wearable device that utilizes advanced motion-sensing technology to detect a serious fall in progress and instantaneously deploy an airbag to cushion the hips, thereby reducing the risk of major fall-induced injuries such as hip fractures.
APT focuses on providing solutions for senior living owner/operators, healthcare systems, and providers, particularly those operating under Value-Based Care models. The company has received FDA Breakthrough Device Designation and marketing authorization for the Tango Belt, which is positioned as a prescription-only, adjunctive device to the standard of care for fall prevention.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Medical Devices
Sub-Industry:Digital Health / Wearable Medical Devices
SIZE & FINANCIALS
Employees:1-50
Founded:2006
Ownership:private
Status:operating
FUNDING
Stage:Venture-backed
Investors:Generator Ventures
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (Tango Belt)
Modalities:Wearable Medical Device
Active Trials:0
Trial Phases:-
FDA Approvals:1
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:AT&T (Connectivity solutions), JACS Solutions (Connectivity hardware), Montgomery Place (Senior living community partnership)
COMPETITION
Position:Emerging
Competitors:Softrim, Your Senior Team, MVM Technology
LEADERSHIP
Key Executives:
Wamis Singhatat - CEO
LINKS
Website:activeprotective.com
LinkedIn:LinkedIn Profile
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