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SS Innovations Subsidiary SSICRS Graduates Inaugural Cardiac Robotic Surgery Training Class

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SS Innovations (NASDAQ: SSII) announced that subsidiary SS International Centre for Robotics Surgery (SSICRS) has graduated its first Cardiac Robotic Surgery Training class at its Gurugram, India headquarters.

The inaugural five-day course trained 33 participants from seven countries using the SSi Mantra surgical robotic system with live demos, hands-on labs, and virtual sessions.

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Positive

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Negative

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Market reaction: SSII -4.02% on cardiac training program launch

-4.02%
1 alert
-4.02% News Effect
-$32M Valuation Impact
$754.50M Market Cap
1.1x Rel. Volume

On the day this news was published, SSII declined 4.02%, reflecting a moderate negative market reaction. This price movement removed approximately $32M from the company's valuation, bringing the market cap to $754.50M at that time.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Graduating 33 participants from 7 countries in SSICRS’s inaugural cardiac robotic course underscores...
Analysis

Graduating 33 participants from 7 countries in SSICRS’s inaugural cardiac robotic course underscores ecosystem building around SSi Mantra. With an effective $150,000,000 shelf and low short positioning, investors may watch how training scale ultimately translates into commercial deployments.

Key Figures

Inaugural class size: 33 participants Countries represented: 7 countries Faculty members: 16 international faculty +1 more
4 metrics
Inaugural class size 33 participants First Cardiac Robotic Surgery Training course at SSICRS
Countries represented 7 countries Participants in inaugural cardiac robotic surgery training class
Faculty members 16 international faculty Cardiac Robotic Surgery Training course faculty
Course length five-day courses Ongoing condensed multi-specialty training program

Historical Context

5 past events · Latest: Jun 30 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 30 industry award win Positive +17.6% Recognition as Outstanding Company at 2026 Surgical Robotics Industry Awards.
Jun 04 telesurgery milestone Positive -10.9% Reported completion of world’s longest-distance robotic telesurgery using SSi Mantra.
May 13 1Q26 earnings report Positive -2.9% Record Q1 2026 revenue, higher margins, narrowed net loss and growing install base.
May 07 telesurgery demo Positive -3.4% Announced successful long-distance cross-border telesurgery between Australia and India.
May 05 utilization milestone Positive -3.7% Disclosed surpassing 10,500 surgeries performed with SSi Mantra system globally.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news, often positive in tone, has more frequently been followed by share-price declines than gains.

Key Terms

robotic-assisted, atrial septal defects, mitral valve surgery, tele-proctoring
4 terms
robotic-assisted medical
"hands-on learning in robotic-assisted cardiac surgery using the advanced SSi Mantra"
Robotic-assisted describes procedures or tasks where a human operator controls or supervises a robotic system that enhances precision, steadiness, or reach—like a skilled worker using power tools to do a finer job. For investors it signals potential for higher efficiency, better outcomes, and new revenue from advanced equipment, but also usually means higher upfront costs, training needs, and regulatory scrutiny that can affect profitability and adoption pace.
atrial septal defects medical
"procedures such as totally endoscopic coronary artery bypasses, left internal mammary artery bypasses, atrial septal defects, and mitral"
Atrial septal defects are holes in the wall (septum) between the heart’s two upper chambers (atria) present from birth, allowing blood to pass between the left and right sides and potentially altering oxygen levels and heart workload. They matter to investors because their prevalence, severity, and available fixes—such as devices, surgeries, drugs, or diagnostic tests—shape markets, clinical trial activity, regulatory decisions, and reimbursement dynamics for medical companies, similar to how a leaky partition in a house creates demand for repairs and products.
mitral valve surgery medical
"left internal mammary artery bypasses, atrial septal defects, and mitral valve surgery."
Surgery on the mitral valve is an operation to repair or replace the valve that controls blood flow between the left upper and left lower chambers of the heart. Think of the valve as a door that must open and close smoothly; surgery fixes a leaky or narrowed door to restore proper circulation. It matters to investors because procedure volume, device sales, hospital revenues, and reimbursement policies affect medical-device makers, hospitals, and healthcare payers.
tele-proctoring technical
"Tele-proctoring, engineering-integrated learning and live surgery observations add value"
Remote supervision and guidance of a clinical procedure, medical device use, or training session using live audio, video, and data links so an off-site expert can observe, advise, and sometimes control equipment in real time. Like a remote coach watching and talking someone through a complex task, tele-proctoring lets skilled professionals extend their expertise across distances, affecting how hospitals and device makers deploy training, support, and compliance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New course empowers healthcare professionals through expert instruction and hands-on learning

FORT LAUDERDALE, Fla., July 07, 2026 (GLOBE NEWSWIRE) -- via IBN – SS Innovations International, Inc. (the “Company” or “SS Innovations”) (NASDAQ: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announced that the Company’s subsidiary, the SS International Centre for Robotics Surgery (“SSICRS”), has graduated its first class in a specialized training course designed to provide surgeons and other healthcare professionals with classroom instruction and hands-on learning in robotic-assisted cardiac surgery using the advanced SSi Mantra surgical robotic system (the “SSi Mantra”) at SSICRS’s facilities at the Company’s headquarters in Gurugram, India.

An inaugural class of 33 participants from seven countries graduated from Cardiac Robotic Surgery Training, the opening course in SSICRS’s new training program. The course featured 16 distinguished international faculty members to create a global platform for education, collaboration, and innovation in robotic cardiac surgery. Training covered robotic procedures such as totally endoscopic coronary artery bypasses, left internal mammary artery bypasses, atrial septal defects, and mitral valve surgery. The course consisted of live surgical demonstrations, hands-on robotic training, virtual video sessions, scientific discussions, and knowledge exchange.

Dr. Sudhir Srivastava, Chairman of the Board and Chief Executive Officer of SS Innovations, commented, “We congratulate the graduates of SSICRS’s inaugural course, Cardiac Robotic Surgery Training, and look forward to shaping the future of robotic surgery with ongoing immersive multi-specialty training courses. We are positioning SSICRS as one of the world’s premier educational institutes for robotic surgery.  SSICRS brings together top-tier faculty, modern lecture halls, state-of-the-art labs, and the advanced SSi Mantra surgical robotic system to train global healthcare professionals in robotic surgery.  SSICRS’s balance of classroom theory and lab training is designed to deliver nuanced skills and smarter, safer surgical robotic care.  SSICRS strives to democratize robotic surgery education for the benefit of all practitioners and patients, regardless of location, and we look forward to providing continuous specialized learning and mentorship opportunities.”    

SSICRS’s ongoing training program will consist of numerous condensed, five-day courses that focus on multi-specialty learning opportunities across cardiac, urologic, gynecologic, thoracic, colorectal, gastrointestinal, and general surgery, among other procedures, leveraging the SSi Mantra platform as a training tool.

International members of SSICRS’s faculty include:

  • Dr. Husam Balkhy, The University of Chicago Medicine and Biological Sciences (United States)
  • Dr. T Sloane Guy, Georgia Heart Institute (United States)
  • Dr. Frank Van Praet, OLV Clinic (Belgium)
  • Dr. Rakesh M. Suri, Corewell Health (United States)
  • Dr. Jae Won Lee, Asan Medical Center (South Korea)
  • Dr. Gianluca Torregrossa, Cleveland Clinic (United States)
  • Dr. Nirav Patel, Lenox Hill Hospital (United States)
  • Dr. Danny Ramzy, Memorial Hermann — Memorial City Medical Center (United States)

SSICRS’s facilities feature modern lecture halls for holding interactive sessions, case discussions and expert talks as well as state-of-the-art training labs that mirror real-world operating rooms and surgical conditions. During lab sessions, participants utilize the SSi Mantra surgical robotic system for performing mock procedures on tissue models and practicing instrument handling, suturing, and dissection on synthetic models. Tele-proctoring, engineering-integrated learning and live surgery observations add value to the curriculum.  Additionally, SSICRS offers separate online modules that complement in-person classes with flexible, self-paced learning, pre-training sessions, recorded lectures, quizzes, and ongoing support.  

For an SSICRS video welcome message from the Company’s CEO, Dr. Srivastava, please click here.

About SS Innovations
SS Innovations International, Inc. (Nasdaq: SSII) develops innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger segment of the global population. The Company’s product range includes its proprietary “SSi Mantra” surgical robotic system and its comprehensive suite of “SSi Mudra” surgical instruments, which support a variety of surgical robotic procedures including cardiac surgery.  Headquartered in India, SS Innovations is a U.S. company focused on expanding the global presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions.  Visit the Company’s website at ssinnovations.com or LinkedIn for more information and updates.

About the SSi Mantra
The SSi Mantra surgical robotic system is a user-friendly, modular, multi-arm system with advanced technology features, including: 3 to 5 modular robotic arms, an open-faced ergonomic surgeon command center, a large 3D 4K monitor, a touch panel monitor for all patient related information display, a virtual real-time image of the robotic patient side arm carts, and the ability for superimposition of 3D models of diagnostic imaging. The optional SSi MantrAsana tele-surgeon console is a portable, compact alternative to the SSi Mantra’s standard surgeon command center that provides equivalent control functionality while enabling enhanced portability, ergonomic flexibility, and telesurgery capability.  The SSi Mantra utilizes over 40 different types of robotic endo-surgical instruments to support different specialties, including cardiac surgery, and 5mm instruments for the pediatric population and ENT surgeries. A vision cart provides the table-side team with the same magnified 3D 4K view as the surgeon to provide better safety and efficiency. The SSi Mantra has been clinically validated in India in more than 170 different types of surgical procedures.

Forward Looking Statements
This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations’ future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Investor Contact:
The Equity Group       
Kalle Ahl, CFA             
T: (303) 953-9878       
kalle.ahl@theequitygroup.com

Devin Sullivan, Managing Director
T: (212) 836-9608
devin.sullivan@theequitygroup.com

Media Contact:
RooneyPartners LLC
Kate Barrette
T: (212) 223-0561
kbarrette@rooneypartners.com

Corporate Communications:
IBN.Ai
Austin, Texas
www.IBN.ai
512.354.7000 Office
Editor@IBN.Ai

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FAQ

What did SS Innovations (NASDAQ: SSII) announce about SSICRS cardiac robotic surgery training?

SS Innovations announced the first graduation of SSICRS’s Cardiac Robotic Surgery Training course. According to SS Innovations, 33 participants from seven countries completed a multi-day program combining classroom instruction, live surgical demonstrations, and hands-on robotic training using the SSi Mantra surgical robotic system.

How many surgeons joined the inaugural SSICRS cardiac robotic surgery course for SS Innovations (SSII)?

The inaugural SSICRS cardiac robotic surgery course graduated 33 participants. According to SS Innovations, these attendees came from seven countries and trained on robotic procedures such as totally endoscopic coronary artery bypass, mitral valve surgery, atrial septal defect repair, and left internal mammary artery bypass techniques.

What is the role of the SSi Mantra system in SSICRS training for SSII?

The SSi Mantra system is the central robotic platform used for SSICRS training. According to SS Innovations, participants perform mock procedures, practice instrument handling, suturing, and dissection on tissue and synthetic models in labs designed to mirror real operating room conditions.

Which types of procedures are covered in SSICRS Cardiac Robotic Surgery Training for SS Innovations?

SSICRS Cardiac Robotic Surgery Training covers multiple robotic cardiac procedures. According to SS Innovations, the curriculum includes totally endoscopic coronary artery bypasses, left internal mammary artery bypasses, atrial septal defect repairs, and mitral valve surgery, delivered through live demonstrations, labs, video sessions, and scientific discussions.

What future multi-specialty robotic surgery courses will SSICRS offer for SS Innovations (SSII)?

SSICRS plans ongoing condensed five-day courses across several specialties. According to SS Innovations, future programs will span cardiac, urologic, gynecologic, thoracic, colorectal, gastrointestinal, and general surgery, all leveraging the SSi Mantra robotic platform as a training tool for global healthcare professionals.

How is SSICRS enhancing global access to robotic surgery education for SS Innovations?

SSICRS aims to democratize robotic surgery education for practitioners worldwide. According to SS Innovations, the center combines international faculty, modern lecture halls, state-of-the-art labs, tele-proctoring, live surgery observations, and complementary online modules offering self-paced learning, recorded lectures, quizzes, and ongoing support.

Who are some of the international faculty members involved in SSICRS training for SS Innovations (SSII)?

SSICRS training includes 16 international faculty members from leading institutions. According to SS Innovations, named experts include surgeons from the University of Chicago Medicine, Georgia Heart Institute, OLV Clinic Belgium, Corewell Health, Asan Medical Center, Cleveland Clinic, Lenox Hill Hospital, and Memorial Hermann.