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Micro-X Ltd. ( (AU:MX1) ) has shared an announcement.
Micro-X Ltd. has achieved significant commercial and technical milestones over the past year, including the development of a portable Head CT scanner and advancements in airport security technology. The company secured over $36 million in external funding, including a substantial contract from the US Government, and formed a co-development partnership in Asia. These achievements underscore Micro-X’s commitment to innovation and strategic growth, with a focus on expanding its product roadmap and enhancing its market presence in medical imaging and security technology.
The most recent analyst rating on (AU:MX1) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.
More about Micro-X Ltd.
Micro-X Ltd. operates in the medical imaging and security technology industry, focusing on the development of innovative X-ray imaging solutions. The company is known for its miniaturized X-ray tubes and portable CT scanners, with a market focus on medical imaging and airport security systems.
Average Trading Volume: 502,184
Technical Sentiment Signal: Hold
Current Market Cap: A$65.45M
For detailed information about MX1 stock, go to TipRanks’ Stock Analysis page.