Brain Scientific (OTCMKTS:BRSF) is up 8% in a week. The neurology medical devices firm and Piezo Motion have entered a distribution collaboration with Advanced Motion Systems.
Market Stats
On Tuesday, BRSF stock remained flat to $0.26 with more than 7k shares, compared to its average volume of 19.23k shares. The stock has moved within a range of $0.2600 – 0.2610 after opening trading at $0.2610.
Brain Scientific Inc. (BRSF) Company Partners with Industrial Automation Leader
Advanced Motion will expand its market via collaboration by giving piezoelectric motors to OEMs in New York as per the announcement. Notably, Piezo Motion’s exquisite multifaceted rotary and linear motors have been designed for OEMs needing ultimate speed, accuracy, and size. Piezo Motion develops and manufactures precision motor tech with Advanced Motion System specializing in industrial automation services and products.
The new agreement enables Advanced Motion System to continue working with OEMs looking for medical instruments and motion control devices. Importantly the Piezo Motion motors can be employed for variousapplications, including biomedicines, lab instruments, semiconductors, optics, nanotech industries, and automotive and electronic systems. CEO and Chair Brain Scientific Hassan Kotob said that they are pleased with the market reaction to breakthrough technologies. The company’s products will help Advanced Motion offer unique products and solutions. Therefore, in the coming weeks.
Key Quote
“We are pleased with the market’s reaction to our breakthrough technologies,” said Brain Scientific chair and CEO Hassan Kotob in the press release. “Our products will allow Advanced Motion to provide innovative and unique solutions to their customers.”
