"That was so cool" - When Shark Tank investor Robert Herjavec was impressed by Psyonic's prosthetic limbs

Shark Tank season 15 featured a pitch from Psyonic creators Dr. Aadeel Akhtar and Sergeant Anderson. Their product is advanced bionic limbs "that are accessible for both humans and robots." Dr. Aadeel is seeking $1 million in exchange for 2% equity in the company.

He met a girl in Pakistan who did not have a leg and was using a "tree branch as a crutch." This prompted him to make these limbs. He says it is the "fastest bionic hand on the market" and even provides touch feedback to users.

He demonstrates the device attached to Sgt. Anderson can control it with his muscles. The quality that makes it even more unique is that an individual will be able to recharge their phones from this hand.

Demonstrating how the ability hand could punch someone, Sergeant Anderson broke a wooden plate with the device. SharkTank investor Robert Herjavec was shocked and expressed,

"Wow, that was so cool!"

Continuing, the entrepreneur told the sharks that their limb is also being used on robots "all around the world at major tech companies."

---

Shark Tank entrepreneur Dr. Aadeel Khan pitches Psyonic

Dr. Aadeel's journey started when he was just 7 years old. Having met the disabled girl in Pakistan, he came back to America and did multiple degrees. However, he left after a couple, because building Psynoic "was more fun."

He revealed on Shark Tank that their startup has raised 3.6 million dollars right now and they are in the middle of a crowdfunding campaign as well. This would further add $2.2 million to their accounts.

However, Shark Tank's Mark Cuban was confused as to why they were going the crowdfunding route instead of selling the bionic arms directly to the consumers who needed them. Explaining the reason, Dr. Aadel explains that they have more demand for the product than the speed at which they could produce the units.

The device costs them $1,800 to make while it sells for over $15,000 in the market. But getting to a speed of 1000 units per year would mean they would have to invest $5 million.

Shark Tank investors Mark Cuban and Robert Herjavec opted out of the deal, but Lori and Daymond had a joint offer of $1 million at 6%. Kevin, too, offered them $1 million at 10%.

After much negotiations, the three sharks decided to form a trio and did a deal for $1 million for 6%, with each of them getting 2% of the equity. In a confessional afterward on Shark Tank, Dr. Aadeel said,

"Making this deal with the sharks is going to be huge in terms of getting our production capacity up there and really helping all the people around the world that could use this hand. And that is what I'm most excited about."

On Psyonic's official website, he said,

“We were thrilled that Lori, Daymond, and Kevin understood our vision and were ready to get involved. It’s a real validation of our ability to deliver the fastest and most durable bionic hand to the people who need it at an affordable price while building an exciting cutting-edge company.”

---

Shark Tank season 16 episodes drop out weekly on ABC at 8 PM Eastern Time on Fridays. Later, they can be streamed via Hulu.