Neuracle completed the world's first commercial implant of a modern brain-computer interface, placing its coin-sized NEO device in a patient who had lost hand function after a spinal cord injury a decade ago. Performed at Huashan Hospital in Shanghai, the procedure places the eight-electrode implant on the surface of the brain, where it reads motor intent and drives a robotic glove. NEO received Chinese regulatory approval in March, making it the first invasive BCI cleared for commercial use by any national regulator. Neuracle is actively exploring IPO opportunities.