2026-05-08Other factsPRIMARYThe MoveAgain system, designed for home use, remains in the FDA pre-market approval (PMA) pathway as of May 2026; despite earlier company projections for commercial availability in 2023, no public announcement of full…
2026-02-25Other factsPRIMARYCFO Nathan Smith departed Blackrock Neurotech in August 2025 to join CareDx as CFO; he subsequently resigned from CareDx for personal reasons effective February 25, 2026.
2024-08-16Other factsPRIMARYIn August 2024, Blackrock Neurotech announced it had successfully restored the voice of an ALS patient using its BCI-to-text-to-speech interface, a project supported by the 2024 Tether capital infusion.
2024-04-29TransactionsSECONDARYIn April 2024, the stablecoin issuer Tether invested $200 million via its Tether Evo venture arm to acquire a majority stake in Blackrock Neurotech.
2024-04-29TransactionsPRIMARYTether (via Tether Evo) acquired a majority stake in April 2024 for $200 million. In June 2025, Tether CEO Paolo Ardoino stated the company needed a name change to avoid confusion with BlackRock Inc. and expressed…
2023-02-23Other factsSECONDARYBlackrock Neurotech filed filing with the SEC on 2023-02-23. Accession number: N/A.
2021-06-15Other factsPRIMARYThe company's core technology, the Utah Array (also known as the NeuroPort Electrode), received Breakthrough Device Designation from the FDA in 2021 for its MoveAgain system.
2021-05-19TransactionsPRIMARYIn May 2021, Blackrock Neurotech closed a $10 million financing round led by Christian Angermayer's re.Mind Capital, with participation from Peter Thiel and the University Venture Fund II.
2008-06-15Other factsPRIMARYBlackrock Neurotech was founded in Salt Lake City in 2008 by Marcus Gerhardt (CEO) and Florian Solzbacher (Chairman), a professor at the University of Utah.
2004-06-15Other factsPRIMARYThe company's core technology, the Utah Array, was cleared by the FDA in 2004 for temporary (≤30 days) monitoring; it is the most implanted invasive BCI platform, with over 30,000 cumulative days of human implant data…
