Inspira Technologies (IINN) has secured a binding $22.5M purchase order for its FDA-cleared ART100 system, representing a major commercial inflection point for the Company. The order was placed by a privately held company headquartered outside the United States, in a global strategic hub, with an established track record and active commercial ties to both government entities and institutional healthcare customers. Under the terms of the binding purchase order, full payment of $22.5M is to be made during 2025. Inspira and the purchasing organization have initiated onboarding, logistics planning, and deployment scheduling, with immediate implementation.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IINN:
- Inspira Technologies Expands Share Offering to Boost Capital
- Inspira Technologies Shareholders Approve Key Agenda Item at June 2025 Meeting
- Inspira Technologies’ ART100 Gains Traction in U.S. Hospitals
- Inspira Technologies says ART100 in use at Tier-1 U.S. hospitals
- Inspira Technologies Boosts ART100 Production Amid European Negotiations