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Michael, Howard, welcome.
Michael, to you first.

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Just talk to me, if you would,
about the role and the work that

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Precision is doing.

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Yeah, so Precision Neuroscience
is developing a brain computer

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interface.

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A brain computer interface is an
implantable device that allows

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people to control computers with
thought alone.

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So, you know, actually the first
one of these was implanted 20

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years ago and people have been
able to send text messages, send

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emails, browse the Internet, do
online banking, all using only

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their minds.

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But over the course of the past
20 years, fewer than 60 people

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have had the opportunity to
benefit from this sort of

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technology.

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And we are part of a movement of
companies that are taking

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something that has worked in
kind of academic settings in

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academic laboratories,
commercializing it, and scaling

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it to the many millions of
people who could benefit from

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this sort of technology.

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Wow. Howard, what role are
investment firms playing in

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advancing innovative
technologies like this?

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Well, investment firms are the
ones who are able to fund these

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things and give them the several
years worth of runway they need

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to go from the idea to the
prototype and then later on to

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FDA approval.

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So we can actually put these in
people with a regularity and

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safety and so on. And that takes
bolder investors that then, you

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know, they're not ready for the
public markets yet, they're too

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risky.

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So we we like to take on those
risks, but we hope they're

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prudent risks.

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How quickly do you think this
will be scalable?

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So we're we're already in
clinics. So we've actually done

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14 implants so far across three
different medical centers in the

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United States: West Virginia
University, Penn Medicine in

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Philadelphia, and Mount Sinai in
New York.

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So far, these are implants that
are happening temporarily, so

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people are implanted for a
matter of hours.

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That's really to establish the
safety and the efficacy of our

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systems and to start training
the algorithms.

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And it leads to longer term
implants in coming months. First

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days, then weeks, then months,
and eventually a chronic system.

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More broadly, Howard, what are
you looking for?

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What key factors are you looking
for when choosing where to

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invest?

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Well, we're looking for things
that can both help change the

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world for the better.

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In this case, there are a lot of
healthcare applications that may

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make quadriplegics be able to
control their limbs and walk,

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may make ALS patients able to
speak.

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And so those are the kinds of
things we like to see.

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We call them the the moonshot
bets, where if it works, it

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really both improves society and
is becoming extremely lucrative.

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Michael, finally, what are some
of the advancements that you're

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most excited about in this
space?

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There must be so many.

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Well, I mean, I think, you know,
as Howard mentioned, this is a

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company that is focused on
making a real positive

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difference in people's lives.

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And there are many hundreds of
thousands of people who, as a

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result of paralysis or
degenerative diseases like ALS,

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really struggle to move and
struggle to communicate.

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And I think the technology that
we're developing has the

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potential to make an enormous
positive difference in their

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lives.

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Fantastic.

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Michael, Howard, thank you so
much for your time.

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Thank you.

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Thank you.