NANO-X IMAGING LTD (NASDAQ:NNOX) shares are up down on Wednesday as the company has entered into a strategic commercial agreement with Howard Technology Solutions.
300-System Deployment To Expand Market Reach
The partnership aims to deploy 300 Nanox.ARC systems over three years, which could significantly enhance Nanox’s presence in the healthcare market, particularly in underserved areas.
Under the terms of the agreement, Howard Technology Solutions will market and deploy 300 Nanox.ARC systems, with an initial rollout of 60 units in the first year.
The collaboration is expected to broaden the reach of Nanox’s 3D imaging technology across various healthcare facilities and public sector customers.
Quarterly Results Show Narrower Loss, Revenue Miss
The medical imaging company on Monday reported fourth quarter adjusted loss of 17 cents per share, beating the consensus loss of 19 cents.
The …