Image by Synchron/Futurism Neuroscience/Brain ScienceThe FDA granted Synchron, a small startup in neurotech, regulatory approval to begin testing its brain implant on human volunteers.This news places Synchron, a new company, way ahead of other companies in the industry including Elon Musks extravagantly-funded Neuralink which has yet to move from experiments on animals to humans.Insider reports that Synchron gave the go-ahead to start preliminary human studies on its Stentrode. The Stentrode, a neural implant that taps into your brain through the jugular is intended to give six volunteers paralysis control over external devices.According to Synchron CEO Thomas Oxley, the approval of this exemption for an investigative device reflects years worth of safety testing done in conjunction with FDA. We worked together to create a path forward towards the commercial approval of a permanent implanted BCI for paralysis treatment. We are excited to launch a US clinical trial in this country.AdvertisementAdvertisementThe Stentrode To Futurism was first described by Oxley in 2019. It allowed paralyzed people to control machinery from communication devices to robot limbs.What causes paralysis? He said that the intention to move was at the root of paralysis. So were digitizing intention. If those signals are fast enough, patients or other people can now control technologies with a level that is not possible with a normal human body.Synchron offers a much less invasive method for neural implants. This is in addition to beating Neuralink, whose CEO Elon Musk claimed would be moving on to human research last year. The wires in Neuralink's implant are drilled into the user's skull while the Stentrode is placed outside the skull.Even beyond Synchron or Neuralink, the race to develop and validate neural implants is heating up. Bloomberg reported last week that Paradromics, a neurotech company, raised $20 million to develop and refine its neural implant. It claims it will allow paralyzed people to communicate and move via a brain-computer interface.AdvertisementAdvertisementParadromics is also behind Synchron on the regulatory pathway. However, it claims that it will soon apply for permission to test humans and it will do so as early as next year.