Nano-X Imaging Ltd NNOX

Nano-X Imaging Ltd is a global medical imaging technology company with its headquarters in Neve Ilan, Israel. The company offers cloud-based image analysis, online diagnosis, and medical billing services. Founded in 2018, the company has developed a highly cost effective digital x-ray source, and serves governments, hospitals, clinics and health professionals both in Israel and internationally.

The firm trades on the NASDAQ GM where it is listed under the ticker NNOX. In December 2020 the NNOX price chart showed a 52 week high of $69.18 and a 52 week low of $20.26, with a market cap of $2.03bn.

Nano-X Imaging Ltd has developed Cold Cathode technology that can be successfully upgraded to be suitable for medical applications, effectively changing the way medical imaging machines work, and leading to a notable reduction in the costs involved. This is significant, given that medical imaging technology such as CT, PET and MRI are vital early detection tools for diagnosing cancer and other symptomatic diseases. In the near term, the firm aims to deploy 15,000 imaging systems globally to help develop preventative healthcare.

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