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Rostec to Launch BrainReader Neuro Interface onto the International Market

April 29, 2019

Press-release

 

The Avtomatika Concern  (part of Russia’s State Corporation Rostec) will launch onto the international market the BrainReader universal neural interface, which enables the information ‘exchange’ between the human brain and any external device equipped with the appropriate interaction interfaces (home appliances, computers, exoskeletons, artificial sense organs, wheelchairs). The concern has already started obtaining permits in order to enter Asian markets.

 

After the device has been presented at Medlab AsiaPacific & Asia Health 2019 exhibition, where its capabilities sparked great interest, offers regarding BrainReader distribution were received from Asian companies, in particular from Indonesia and Malaysia. The device is being developed by I.S. Brook Institute of Electronic Control Machines (INEUM).

 

“Disruptive neurotech solutions, such as BrainReader, are the technologies of the future that change lives and open up new opportunities for development of science and technology. The neuroheadset can be used to control ‘smart’ systems and robotics, it can be applied in healthcare for the rehabilitation of disabled people, for studies of the human brain, its mental activity, sleep, and in many other areas. It is important to note that the device has a good export potential. Its closest competitor in terms of functions is an American neuro headset, which is about 3 times more expensive,” said Oleg Yevtushenko, the Executive Director of Rostec.

 

The neuroheadset can register the surface electroencephalogram in vivo, it imposes no limits on the user’s mobility. The data capturing method is non-invasive: specially designed “dry” electrodes do not require the use of electrically conductive gel. The high quality of the recorded signal processing allows the stable operation of the device even in highly crowded places, in public transport, where it is surrounded by a large number of transmitters and other sources of interference.

 

“Neuroheadsets are extremely important for such areas of medicine as neurophysiology, neuropsychology, neurology. Its main applications include: robotic limb prostheses, smart home systems, manipulators in computer games. We see great prospects for it in exploring the perception and processing of information by our brain, as well as in neuromarketing, which studies customer behavior, in the educative field, where neuro headsets are used today to teach schoolchildren the basics of neurophysiology and robotics,” – commented Vladimir Kabanov, Director General of the Avtomatika Concern.

 

According to a study conducted by Allied Market research, the brain-computer interface market is growing at an accelerating pace and as early as in 2020 it will reach about $1.46 billion.

 

The Avtomatika Concern specializes in the information security, development and production of technical means and systems of secret communications, protected information and telecommunication systems, as well as special-purpose automated control systems. The company’s product line includes encryption devices, information security solutions, secure video conferencing systems, secure automatic telephone exchange facilities, system solutions such as Safe City, Smart City, Internet of Things, equipment for automation of electoral processes, system solutions for security and monitoring the status of infrastructure facilities, satellite equipment, and other products.

 

Rostec is a Russian state corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and four holding companies working in civilian industry, as well as over 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, UralVagonZavod, etc. In 2017 the consolidated revenue of Rostec reached 1 trillion 589 billion rubles, while the consolidated net income and EBITDA amounted to 121 and 305 billion rubles respectively. According to Rostec strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.

 

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