Butterfly Network Inc. BFLY

Butterfly Network, Inc. is an American healthcare technology company with a focus on the advancement of medical imaging and non-invasive surgery by leveraging advances in semiconductors, deep learning, and cloud computing. The company is engaged in the development, manufacture, and commercialisation of ultrasound imaging solutions, within the United States and internationally. The firm was founded in 2011 and is headquartered in Guilford, Connecticut.

The firm’s products include Butterfly iQ, a handheld and single-probe whole body ultrasound system, and Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smart phone or tablet. The firm serves healthcare professionals, including critical access and community hospitals, and also supplies veterinary practices with IQ+ Vet, a product which focuses on improving health outcomes with handheld, multi-species medical imaging for the veterinary sector.

Butterfly iQ is commercially available in approximately 20 countries, including the United States, Canada, Australia, New Zealand and Europe. The firm also has an eCommerce platform through which it sells its Butterfly iQ+ direct to healthcare practitioners around the world. The firm is listed on the NYSE where it trades under the ticker BFLY.

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