Stage
Grant | AliveTotal Raised
$590KLast Raised
$100K | 17 yrs agoAbout Daedalus
Daedalus is a company that received a SBIR Phase I grant for a project entitled: Handcycle Attachment for Manual Wheelchairs. Their Phase I project aims to develop a hand cycle attachment for push-rim wheelchairs. The design will allow wheel chair user to remain active by preventing repetitive stress injuries (RSI). Preliminary analysis and test results have consistently shown that hand crank propulsion is a more biomechanically efficient propulsion motion, reducing or eliminating RSI. The proposed design will allow users to benefit from the efficiency and biomechanics of hand crank propulsion in everyday situations. The reduction or elimination of RSI in conjunction with greater mechanical and biomechanical efficiency will ultimately extend user's range and encourage physical fitness and participation in society. Daedalus is a company that received a SBIR Phase II grant for a project entitled: Folding Power Wheelchair with Modular Battery System. Their project aims to develop a lightweight modular wheelchair that can be easily lifted and handled by either the user or a companion. This wheelchair can be loaded into any vehicle, thus dramatically improving the mobility of the user. The research project focuses on designing the frame, drivetrain, motor and battery system to allow more of synergistic effect and lightweight to aid the user in his/her mobility. The commercial and societal benefits from this project will result in not only greater mobility but also drastic increase in the quality of life for the user, improved family mobility.
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Daedalus Patents
Daedalus has filed 29 patents.
The 3 most popular patent topics include:
- Semiconductor device fabrication
- Transistor types
- Integrated circuits

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
9/9/2022 | 3/21/2023 | Logic families, Integrated circuits, Transistor types, Microprocessors, Logic gates | Grant |
Application Date | 9/9/2022 |
---|---|
Grant Date | 3/21/2023 |
Title | |
Related Topics | Logic families, Integrated circuits, Transistor types, Microprocessors, Logic gates |
Status | Grant |
Latest Daedalus News
Jan 18, 2023
Reading Time: 3 mins read Based on a discovery from a new stablecoin test of Cardano, Rick McCracken has predicted a close launch date for Djed mainnet. Rick McCracken, the owner of the ADA staking pool, DIGI, and also a Cardano supporter, did not hesitate to make his findings and prediction known via his Twitter handle. Recall there was an announcement earlier on Djed’s official Twitter handle on January 14, affirming that the stablecoin’s launch this month remains on track. Furthermore, as per COTI Network’s announcement on January 5, the soon-to-launch stablecoin bagged a new partnership with Yepple Incorporated. Djed To Go Live Along With New Stablecoin Payment App, DjedPay Djed is Cardano’s first ADA-backed stablecoin powered by COTI Network. It is an over-centralized stablecoin with a collateral rate between 400-800%, according to the description on adapulse.io . According to the CEO of the COTI Network, Shahaf Bar-Geffen, in addition to ADA backing, Djed will also have another token to protect it against exposure to ADA’s volatility. SHEN would act as the stablecoin’s reserve currency, maintaining its price stability to ensure the 400-800% collateral guarantee against price fluctuations. The stablecoin’s testnet version was initially launched in December 2022. Djed’s official website revealed that its value is currently 2.94 ADA, with a supply of 676,496 tokens. McCracken’s prediction of the mainnet launch goes in line with the developers’ initial announcement. According to them, Djed would go live on the mainnet later in January. McCracken also revealed the new Djed stablecoin is now worth $1.019 on the test network. In addition to the mainnet launch, a payment platform for Djed called DjedPay would launch at the same time. According to the official Twitter announcement , DjedPay is a platform that would offer Djed-powered payments by traders and organizations. However, COTI is still trying to secure more partnerships to scale the stablecoins algorithmic adoption. Meanwhile, news of this development, among others, pushed ADA prices over the past few days. According to data from TradingView, ADA has added over 38% in the last 14 days and 11.1% in the past seven days. The cryptocurrency trades at $0.035235, with a 24-hour price gain of 1.3%. Cardano Releases New ADA Wallet Update In another development, the ADA community recently saw a new upgrade in Cardano’s Daedalus wallet, Daedalus 5.2.0. Input Output Global (IOG), the company behind Cardano, announced the launch of Daedalus 5.2.0 via a tweet on January 16. Daedalus wallet is the official desktop wallet for ADA developed by IOG. The new wallet version is compatible with Cardano node version 1.35.4 and wallet version 2022.12.14. The release of Daedalus 5.2.0 automatically updates the ProjectCatalyst API URL to a new URL. Also, the upgrade included Bryon Wallet tracking capability and aggregates of similar RAM sizes to allow for swift data analysis. Furthermore, Cardano’s Bryon era (the first phase on the Cardano Roadmap) received a delivery of the Daedalus wallet and Yoroi wallet. Yoroi is a light wallet designed by Emurgo, IOG’s sister company, that offers users access to ADA quick day-to-day transactions on their mobile phones. Featured Image From Pixabay/ AnTa_ranga, Charts From Tradingview
Daedalus Frequently Asked Questions (FAQ)
Where is Daedalus's headquarters?
Daedalus's headquarters is located at 56 Tehama St., San Francisco.
What is Daedalus's latest funding round?
Daedalus's latest funding round is Grant.
How much did Daedalus raise?
Daedalus raised a total of $590K.
Who are the investors of Daedalus?
Investors of Daedalus include National Science Foundation.
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