The Lowell, Mass., healthcare and data company Horsepower Technologies Inc. (HTI) is hosting a grand opening of its new and renovated office space, as well as featuring a ribbon cutting ceremony with Mouli Ramani, HTI’s president and chief executive officer (CEO), accompanied by Secretary of Housing and Economic Development Jay Ash and Rep. Thomas A. Golden Jr.
The event will be from 2-4 p.m. (EDT) Friday, Oct. 19, 2018.
The Commonwealth of Massachusetts and city of Lowell have partnered with HTI on multiple initiatives. HTI was the first recipient of the “Launch in Lowell” fund. This program provided a low-interest loan for startup businesses looking to expand in Lowell. HTI received a grant from the Massachusetts Office of Business Development which covered a portion of the start-up costs at the new location. HTI also received an equity investment from MassVentures, a state-funded venture capital firm.
HTI works to combat equine lameness, specifically with their new innovation, Fast Track. Sold since July 2018, Fast Track is a wearable device for the equine that fits around its fetlock joint. It will be remotely enabled and contain sensors that collect and analyze data on the number of steps taken, calories burned, heart rate, distance exercised and overall regimen while the horse is recovering. All of this data can be synched directly to an IOS or Android phone, as well as to the Cloud so the farrier, veterinarian, trainer and owner can access the data and collaborate on treatment and training plans.