What Alt-Bionics does

Alt-Bionics is a San Antonio, Texas-based medical device and robotics company founded in 2020 by Ryan Saavedra. The company designs and manufactures two product lines built on a shared modular finger architecture: the Genesis Hand, an EMG-controlled myoelectric prosthetic for upper-limb amputees, and the Surge Hand, a robotic hand targeting humanoid robotics applications. Each finger contains 80 taxels for force sensing, and the patented modular design allows individual finger replacement in 2–5 minutes using five screws — a serviceability profile that materially differentiates the product from competitors in the $10,000–$100,000 price band. The Genesis Hand is priced at approximately $600, positioning the company at roughly 1% of prevailing prosthetic-hand pricing.

The business model operates through direct hardware sales via the company's website, with the Genesis Hand paired to the HCPCS L6880 insurance reimbursement code for U.S. amputees and the Surge Hand sold on a custom-quote basis to robotics integrators. The company has applied for FDA Class 1 registration and serves two distinct customer segments: individual upper-limb amputees (long-tail, distributed) and humanoid robotics developers including Nvidia, Apptronik, Unitree, Manus, and Coapt (concentrated, enterprise). The company is supported by an 11+ person team in San Antonio, a $25,000 pre-seed from Alamo Angels, and participation in the VelocityTX Bioglobal Accelerator.

Name

Alt-Bionics

Legal name

Alt-Bionics, Inc.

Website

https://altbionics.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Alt-Bionics designs and manufactures affordable bionic hands on a shared modular finger architecture. Its Genesis Hand targets upper-limb amputees at roughly $600, while its Surge Hand serves humanoid-robotics developers including Nvidia, Apptronik, and Unitree.

Ownership category

akta.pro rank

Product category

Medical Devices — Bionic Prosthetics & Robotic Hand Components

NAICS

Surgical Appliance and Supplies Manufacturing (339113)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Limb Prosthetics (Upper/Lower Extremity Prosthetic Systems) (HLAHAEAH)

akta.pro secondary industries

Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets) (HLAHAMAD), Prosthetics/Orthotics Rehab & Amputee Rehabilitation (HSADAIAN)

Keywords

• Bionic prosthetic hands
• Myoelectric prosthetic devices
• Humanoid robotics components
• Modular robotic hands
• Medical device manufacturing

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Bionic Prosthetic Hand Sales: Alt-Bionics generates revenue primarily through the direct sale of its Genesis bionic prosthetic hand. The company sells directly to amputees and through prosthetist networks, with the device priced at approximately $600 — significantly below comparable devices costing near six figures.
2. Robotic Hand Sales (Surge): Revenue is also generated from the sale of the Surge robotic hand to humanoid robotics companies, research institutions, and enterprises such as Nvidia and Apptronik for use in humanoid robot platforms.
3. Insurance / Medicare / Medicaid Reimbursement: The Genesis Hand is reimbursable under HCPCS code L6880, making it eligible for coverage under Medicare, Medicaid, and other insurance plans, providing an additional revenue pathway for prosthetic customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Alt-Bionics designs, manufactures, and sells modular bionic hands across two product lines built on a shared patented architecture: the Genesis Hand, a myoelectric AI-enhanced prosthetic for upper-limb amputees priced at approximately $600; and the Surge Hand, a high-performance robotic bionic hand with up to 40 lbs lifting capacity designed as an end-effector for humanoid robotics platforms. Both lines feature a 5-screw modular design allowing individual finger module replacement in 2-5 minutes.

Product overview

Alt-Bionics offers two core bionic hand product lines: the Genesis Hand for prosthetics and the Surge Hand for robotics. Both share a common fully modular design philosophy allowing disassembly in 2-5 minutes by undoing 5 screws on the back plate for finger module replacement. Key shared features include replaceable fingertips made from injection-molded rubber, rubberized design for grip stability, 6 degrees of freedom, and a lightweight 500g design. The Genesis Hand targets amputees with AI-enhanced myoelectric control via EMG signals, priced at approximately $600. The Surge Hand targets humanoid robotics companies with higher lifting capacity (40lbs), optional advanced force sensors (80 taxels/finger), and compatibility with teleoperation systems like Manus gloves.

Differentiator

Problem solved

Functional benefit

Brands

• Genesis Hand: AI-enhanced bionic prosthetic hand for amputees, priced at approximately $600 with replaceable fingertips, modular fingers, multi-function push button, and visual feedback LED.
• Surge Hand

Products and services

• Genesis Hand An AI-enhanced myoelectric bionic prosthetic hand for upper-limb amputees, featuring 6 individually powered degrees of freedom, EMG-based control, 500g lightweight design, replaceable injection-molded fingertips, a rubberized grip surface, a HexRing LED feedback system (battery, EMG, hand status, flashlight), and a multi-function push button for grip-pattern switching. Priced at approximately $600, it targets end-users via direct website sales, prosthetist networks, and insurance reimbursement under HCPCS code L6880 (Medicare, Medicaid, and other insurance plans), with FDA Class 1 medical device registration applied for.
• Surge Hand A high-performance bionic robotic hand designed as a dexterous end-effector for humanoid robot platforms. Features a fully modular finger architecture enabling 5-screw disassembly and 2-5 minute finger replacement, lifting capacity up to 40 lbs per hand, precision-machined full-metal knuckle designs, rubberized fingers and palmar surfaces, and optional advanced tactile force sensors delivering 80 independently addressable taxels per finger for high-resolution contact force distribution and closed-loop control. Compatible with teleoperation systems such as Manus gloves, with named pilots including Nvidia (Unitree G1) and Apptronik (Apollo Humanoid).

Quantifiable outcome

• Genesis Hand priced at ~$600 vs. comparable prosthetic devices costing near $100,000 — representing potential cost savings of 99%+
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• VelocityTX Bioglobal AcceleratorcoreStrategic or Co-development PartnerAlt-Bionics is a participant in the VelocityTX Bioglobal Accelerator program in San Antonio, which supports the development and commercialization of biotech and medical device innovations. The accelerator provides resources, mentorship, and validation for early-stage companies.
• University of Washington (UW)minorStrategic or Co-development PartnerUniversity of Washington is listed as a Customer + Pilot partner, indicating a research partnership or pilot program with Alt-Bionics' technology.
• Brooke Army Medical CenterminorStrategic or Co-development PartnerBrooke Army Medical Center in San Antonio, TX was the site where Army Ranger Ryan Davis tested Alt-Bionics' prototype AI-enhanced bionic hand in 2019, marking an early milestone and proof-of-concept for the company's prosthetic technology.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Open Bionics: Open Bionics is a UK-based direct competitor building affordable myoelectric bionic hands for amputees (Hero Arm). They share Alt-Bionics' positioning as a lower-cost alternative to legacy six-figure prosthetic hands, with overlapping target customers in upper-limb amputees.
• PSYONIC: PSYONIC makes the Ability Hand, a myoelectric bionic hand with tactile feedback and replaceable fingertips — almost identical in form factor and value proposition to Alt-Bionics' Genesis. They are the closest direct US-based competitor.
• COVVI: COVVI designs and sells the COVVI Hand, a multi-articulating bionic prosthetic hand distributed internationally. They compete head-to-head with Alt-Bionics in the upper-limb myoelectric prosthetic market.

Broad incumbents

• Ottobock: Ottobock is the dominant global orthopedic/prosthetic incumbent whose Bebionic and Michelangelo hands set the six-figure pricing that Alt-Bionics is undercutting. They are the broad benchmark incumbent Alt-Bionics disrupts.
• Össur: Össur (Ossur) is a leading global prosthetics manufacturer whose i-Limb Quantum is one of the established multi-articulating bionic hands. They represent the broader incumbent competitive set against Alt-Bionics.

Emerging players

• Aether Biomedical: Aether Biomedical is an emerging player building bionic prosthetic limbs (Zeus Hand) with neural-control ambition, partially overlapping Alt-Bionics' modular, multi-articulating hand approach but at a higher price tier.
• Mobius Bionics: Mobius Bionics commercializes the LUKE Arm (developed by DEKA), a high-end myoelectric prosthetic arm. They overlap with Alt-Bionics in the upper-limb bionic prosthetic space but sit at the premium end of the market.
• Figure AI: Figure AI develops general-purpose humanoid robots (Figure 01/02) and is one of the named humanoid OEMs that could either purchase Alt-Bionics' Surge Hand or vertically integrate dexterous manipulation — making them a direct downstream comparator for the Surge product line.
• Apptronik: Apptronik builds the Apollo humanoid robot and is both a current Alt-Bionics pilot customer (evaluating Surge Hand) and an indirect competitor developing proprietary end-effectors. Listed as a Customer + Pilot partner on Alt-Bionics' site.
• Sanctuary AI: Sanctuary AI develops the Phoenix humanoid robot with proprietary hydraulic dexterous hands. As a humanoid platform competing for the same OEM-style hand-supplier relationships, they are a relevant emerging comparator for Alt-Bionics' Surge Hand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Alt-Bionics-110465770707752
• LinkedInlinkedin.com/company/alt-bionics

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alt-Bionics