Psyonic
Psyonic is a San Diego bionic limb company, founded in 2015 by Aadeel Akhtar, that makes the Ability Hand, an FDA-registered bionic hand. Psyonic says it is the fastest bionic hand on the market and the first to give users touch feedback, and it is covered by Medicare in the United States. The hand retails for about US$15,500, with a reported manufacturing cost of about US$1,800, and Akhtar has said prices should fall toward US$5,000 as volumes grow. In early 2024 Psyonic completed a US$4.1 million crowdfunded equity raise and received a US$1 million offer on ABC's Shark Tank from Lori Greiner, Daymond John and Kevin O'Leary. By early 2026 it had nearly 50 employees and more than 250 patients using its hands. The Ability Hand is also used as a robot hand in research, and the catalogue lists it in the hands table.
💡Notable Achievement: Psyonic earned a US$1 million Shark Tank offer and completed a US$4.1 million crowdfunded raise in early 2024.
What Does Psyonic Do?
Psyonic of San Diego makes the Ability Hand, an FDA-registered bionic hand with touch feedback, covered by Medicare in the US.
“A fast bionic hand that can feel.”
Touch Feedback
First bionic hand to give users touch feedback.
Medicare Covered
Reimbursed in the United States.
Falling Price
US$15,500 today, targeting about US$5,000.
What Can Psyonic Robots Actually Do?
Cross-portfolio operational capabilities, manipulation tasks, and environmental competencies
Bionic hand for amputees and research.
Bionic Hand
Ability Hand offers fast finger motion and touch feedback.
Psyonic Robot Hands
Showing 1 of 1 total model
Ability Hand
Manufactured by Psyonic
The Ability Hand is a lightweight, multi-articulated bionic hand with 5 fingers, featuring the world's fastest closing speed, integrated multi-touch sensors for pressure feedback via vibrations, and high grip strength for delicate to sturdy objects. Designed originally as a prosthesis but released for robotics research, it supports torque/velocity/position control via API, with cross-compatibility for EMG, third-party systems, and humanoid platforms. Weighing under 500g, it enables 32 grip patterns and robust manipulation in research, service, and teleoperation tasks.
Psyonic Timeline & Milestones
Evolutionary history, landmark prototypes, major acquisitions, and commercial roadmap
Psyonic founded by Aadeel Akhtar
Aadeel Akhtar founds Psyonic in San Diego to build low-cost bionic limbs with touch feedback.
Source: cnbc.com
Shark Tank offer and US$4.1 million crowdfunded raise
Psyonic completes a US$4.1 million crowdfunded equity raise and earns a US$1 million offer on Shark Tank.
Source: cnbc.com
Psyonic Competitors by Category
Direct industry rivals grouped by specific robotics domain
What Makes Psyonic Different?
Editorial AnalysisOrigin of Bots objective strategic assessment, engineering moats, and commercial hurdles
Key Strengths & Moats
- ✓FDA registration and Medicare coverage.
- ✓Growing patient base of 250+.
Core Strategic Focus
Lowering cost and growing adoption.
Road Ahead & Challenges
- •High price versus need for scale.
- •Competition from myoelectric prosthetics makers.
Psyonic vs Key Competitors
Strategic capability matrix across platform categories, commercial readiness, and target markets
Category / Focus
- Ability Hand
- Bionic hand
- Mia Hand
- Prosthetic hand
- OYMotion ROHand
- Bionic and robot hand
- Shadow Dexterous Hand
- Research hand
Primary Use
- Ability Hand
- Teleoperation, dexterous manipulation
- Mia Hand
- Teleoperation, assembly
- OYMotion ROHand
- Teleoperation, assembly
- Shadow Dexterous Hand
- Teleoperation, assembly
Degrees of Freedom
- Ability Hand
- 6
- Mia Hand
- 4
- OYMotion ROHand
- 11
- Shadow Dexterous Hand
- 24 (20 actuated + 4 underactuated)
Release Year
- Ability Hand
- 2021
- Mia Hand
- 2019
- OYMotion ROHand
- 2023
- Shadow Dexterous Hand
- 2004
| Strategic Dimension | Ability Hand | Mia Hand | OYMotion ROHand | Shadow Dexterous Hand |
|---|---|---|---|---|
| Category / Focus | Bionic hand | Prosthetic hand | Bionic and robot hand | Research hand |
| Primary Use | Teleoperation, dexterous manipulation | Teleoperation, assembly | Teleoperation, assembly | Teleoperation, assembly |
| Degrees of Freedom | 6 | 4 | 11 | 24 (20 actuated + 4 underactuated) |
| Release Year | 2021 | 2019 | 2023 | 2004 |
Corporate Ecosystem & Ownership Structure
Parent company relationships, historical acquisitions, and global operating facilities
Global Facilities & Operating Hubs
Psyonic Headquarters
HQSan Diego, California, United States
Frequently Asked Questions
8 AnswersVerified answers, company specifications, and deployment details about Psyonic
What is Psyonic?
Psyonic is a San Diego company, founded in 2015 by Aadeel Akhtar, that makes the Ability Hand, a bionic hand for amputees that gives touch feedback.
What is the Ability Hand?
The Ability Hand is an FDA-registered bionic hand. Psyonic says it is the fastest on the market and the first to give users touch feedback.
How much does the Ability Hand cost?
The Ability Hand retails for about US$15,500 with a reported manufacturing cost of US$1,800. Akhtar has said the price should fall toward US$5,000 as volumes rise.
Does Medicare cover the Ability Hand?
Yes. The Ability Hand is covered by Medicare in the United States, according to profiles of the company. Psyonic is a San Diego bionic limb company, founded in 2015 by Aadeel Akhtar, that makes the Ability Hand, an FDA-registered bionic hand.
Was Psyonic on Shark Tank?
Yes. Psyonic appeared on Shark Tank season 15 and earned a US$1 million offer from Lori Greiner, Daymond John and Kevin O'Leary in early 2024.
How much has Psyonic raised?
In early 2024 Psyonic completed a US$4.1 million crowdfunded equity raise, and CNBC described it as a US$50 million bionic hand company.
Who founded Psyonic?
Aadeel Akhtar, a bionics researcher, founded Psyonic in 2015 and is its CEO. Psyonic is a San Diego bionic limb company, founded in 2015 by Aadeel Akhtar, that makes the Ability Hand, an FDA-registered bionic hand.
How many people use Psyonic hands?
By early 2026 Psyonic had nearly 50 employees and more than 250 human patients using its bionic hands, according to reporting on the company.
Verified Data & Editorial Assurance
Compiled from verified corporate filings, official Psyonic datasheets, and robotics engineering registries. Information has been verified against official manufacturer documentation. For commercial procurement or proprietary integrations, contact the manufacturer directly.