Dror Ortho-Design, Inc., a leading AI-based orthodontic platform company, has successfully raised $5 million in a recent private placement financing. The company has also completed a share exchange with Novint Technologies, Inc., resulting in Novint changing its name to Dror Ortho-Design, Inc. As part of the transaction, Dror Ortho-Design Ltd., a wholly-owned subsidiary of Dror, became fully integrated into the company.
Dror Ortho-Design, Inc. aims to disrupt the aligner market with its revolutionary AI-based smile correction technology called Aerodentis. Unlike traditional aligner solutions that require patients to wear plastic aligners throughout the day, Dror’s solution offers a discreet alternative. Using a single custom-made smart aligner, the Aerodentis platform gently moves teeth into their optimal position using pulsating air. The aligner can be worn while the patient sleeps or stays at home, eliminating the need for individuals to make significant lifestyle changes to correct their smiles.
The company believes that recent advancements in technology have rendered existing aligner solutions less effective for smile correction. Dror’s proprietary AI-based platform utilizes cutting-edge technology to provide a gentle and discreet way to achieve a stunning smile. Patients can now straighten their teeth without the pain and inconvenience associated with traditional aligner treatments.
With the successful private placement financing and the company’s status as a publicly-traded entity, Dror Ortho-Design, Inc. plans to make its Aerodentis platform commercially available to millions of people worldwide. By collaborating closely with dental professionals and regulators, the company aims to bring this innovative solution to individuals in the United States, European Union, and other parts of the world.
Dror Ortho-Design, Inc. has appointed a new board of directors and officers following the Share Exchange. Eliyahu (Lee) Haddad has been appointed as the CEO, Moshe Shvets as the Chief Technology Officer, and Chaim Hurvitz as the Chairman of the board of directors. These key personnel will lead the company in its mission to disrupt the traditional aligner market and provide a game-changing solution for smile correction.
By offering a revolutionary alternative to existing aligner solutions, Dror Ortho-Design, Inc. is poised to transform the orthodontic industry. Through its innovative AI-based platform, the company aims to provide millions of people with the opportunity to achieve beautiful smiles discreetly and hassle-free. The Aerodentis platform represents a new era in orthodontics, one that prioritizes patient comfort and convenience without compromising on results.
