Global Expansion and New Partnerships
Nano-X Imaging Ltd. has signed new agreements in the Czech Republic and France, expanding their presence in Europe. The company is also collaborating with prominent organizations like Cedars-Sinai and has acquired Vaso Healthcare IT to bolster its AI infrastructure.
Technology and AI Integration
The company is launching a new Nano-X ArcX system, which extends commercial reach with a smaller footprint and simplified installation. Additionally, the system is AI-ready, supporting future AI solutions under development.
Revenue Growth and Projections
The company projects revenue of over $35 million in 2026 and expects its AI business segment to achieve EBITDA breakeven on a quarterly basis in 2026.
Teleradiology Services Growth
Revenue from teleradiology services increased to $3.1 million, with a gross profit margin of approximately 25% on a GAAP basis, up from 13% in the comparable period.