Curvebeam AI Ltd. (AU:CVB) has released an update.
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CurveBeam AI Ltd. reported steady demand for its HiRise™ devices with three orders in the first quarter of FY25, matching the previous year’s figures. The company also raised A$11.54 million and achieved significant progress with FDA clearance for its enhanced HiRise™ used in robotic surgical systems. Cost-cutting measures have effectively reduced annual expenses to A$17 million, positioning the company for financial stability.
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