Aeolus, the Newfoundland and Labrador-based maker of portable ventilators, has won startup hub Genesis’s Pitch & Pick competition, as well as the event’s Community Choice Award for its coronavirus-inspired technology.
The company is building a ventilator system powered by a pneumatic pump and small enough to carry. The product is targeted at healthcare providers in developing countries, where its low cost offers a competitive advantage.
Founder Katie Stone said during the pitch competition that she is eyeing two revenue streams: direct sales to healthcare providers and sales to