Spectral AI Secures $850K Award From Medical Technology Enterprise Consortium To Advance Development Of AI-Driven DeepView SnapShot M For Battlefield Burn Wound Assessment, Bringing Total Non-Dilutive Government Funding To Over $7M
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Spectral AI has received an $850K award from the Medical Technology Enterprise Consortium to further develop its AI-driven DeepView SnapShot M for assessing battlefield burn wounds. This brings its total non-dilutive government funding to over $7 million.
September 05, 2024 | 12:24 pm
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Spectral AI, trading under MDAI, has secured an $850K award to advance its AI-driven DeepView SnapShot M technology for battlefield burn wound assessment. This funding increases its total non-dilutive government support to over $7 million.
The $850K award is a positive development for Spectral AI (MDAI), as it supports the advancement of its innovative AI technology. The increase in non-dilutive funding to over $7 million indicates strong government backing, which is likely to boost investor confidence and positively impact the stock price in the short term.
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