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Ekso Bionics agrees to merge with Applied Digital's cloud unit and explore selling its exoskeleton business
Ekso Bionics signed a non-binding term sheet to combine with Applied Digital Cloud into ChronoScale, an AI-compute company in which Applied Digital would own about 97%. Ekso said it would keep exploring a sale of all or most of its exoskeleton business, a process that ended with Wandercraft buying it in October 2026.
- Followed a strategic review announced October 28, 2025.
- Ekso's revenue had fallen: Q2 2025 $2.1M, down from $5M a year earlier; Q3 2025 $4.2M.
- Products included EksoNR, the Indego Personal exoskeleton and the Ekso EVO industrial exoskeleton.