Image Systems' Motion Analysis Unit Secures 1.4 MSEK Order from Leading U.S. Medical Device Innovator
Image Systems’ Business Area Motion Analysis has received a significant order valued at approximately 1.4 MSEK from a prominent U.S.-based medical device company specializing in advanced cardiovascular implants.
The company, a recognized leader in the development of transcatheter aortic valve replacement (TAVR) technologies, will integrate Image Systems’ TEMA® motion analysis software into its research and development operations. This strategic investment aims to accelerate innovation and enhance the performance of next-generation TAVR devices, ultimately improving outcomes for patients suffering from critical heart conditions.
The agreement includes multiple three-year software subscriptions, with revenue recognized on a monthly basis throughout the contract period.
“This order underscores the growing importance of precision motion analysis in the development of life-saving medical technologies, and we are proud to support our customer’s mission to advance cardiovascular care through innovation.”
Says Johan Friberg, CEO Image Systems Motion Analysis
For further information, please contact:
Emilien Saindon
CEO
emilien.saindon@imagesystems.se
Image Systems is a Swedish high-tech company and a leading provider of products and services in high-resolution image processing. By continuously challenging market concepts and instead offering new and more efficient solutions, we help our customers achieve greater success in their businesses. The company serves a wide range of industries globally and operates through two business areas: RemaSawco and Motion Analysis. Image Systems has approximately 75 employees in several countries. In 2024, the group had a turnover of SEK 200 million.
The company’s share is listed on Nasdaq Stockholm’s Small Cap list and is traded under the ticker IS.
For more information, please visit our website www.imagesystemsgroup.se.
https://news.cision.com/image-systems-ab/r/image-systems--motion-analysis-unit-secures-1-4-msek-order-from-leading-u-s--medical-device-innovato%2Cc4207948
