Stock Post

Nano X Imaging

NNOX
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Bullish
Bullish

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Demonstrated at the 2020 RSNA, Nano-X Imaging has developed the first digital x-ray source, which promises to completely revolutionize the field of medical imaging. The company has plans to complement its novel, low-cost, x-ray emitter with a cloud platform enhanced with AI to help connect underserved patients with radiologists and to enhance diagnosis with machine learning. With over 15,000 units expected to be delivered by 2024, and a unique pay-per-scan business model, some analysts estimate Nano-X could generate over $1Billion in annual revenues by 2024. Given NNOX recently received FDA approval for its single-source emitter, and announced plans to expand production capacity, the company seems well positioned to disrupt medical imaging.

10

/ 10
Technology
8

/ 10
Market
7

/ 10
Risk
8.3
/ 10
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Apr 30
2021
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