NANO-X IMAGING LTD.
NNOX.US | Manufacture of irradiation, electromedical and electrotherapeutic equipment
Nano-X Imaging Ltd. is an innovative medical imaging technology company focused on transforming global healthcare by making advanced medical imaging more accessible and affordable. The company has developed a novel digital X-ray source, based on microelectromechanical systems (MEMS) technology, desi...Show More
Better Health for All
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Nano-X Imaging's core products, the Nanox.ARC and Nanox.AI suite, are designed to deliver revolutionary health benefits by improving early detection, diagnostic accuracy, and reducing radiation exposure by 30-95%.
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The company's entire portfolio is dedicated to these health-positive outcomes, resulting in no revenue from harmful products since inception.
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The Nanox.ARC X system is priced at $60,000-$80,000,
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significantly lower than traditional CT scanners costing millions,
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and its pay-per-scan model further enhances affordability.
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This cost-effectiveness, combined with its design for rural clinics and underserved regions, aims to reach 90-95% of vulnerable populations. The company's R&D expenses were $5.0 million in Q1 2025,
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representing 166% of its $3.0 million revenue for the same quarter,
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indicating a substantial investment in health innovation. Nanox AI solutions are explicitly designed to enable preventive care before symptoms appear,
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driving a transition to preventive healthcare.
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However, the company faces ethical challenges regarding algorithmic bias and data privacy,
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with a stated objective to ingest, structure, and anonymize over 2 million new images,
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and a need to ensure compliance with GDPR and HIPAA.
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The company's products also enhance patient safety by reducing radiation exposure by 30-95%
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and feature a cable-free design to reduce tripping hazards.
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Fair Money & Economic Opportunity
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Nano-X Imaging Ltd. is a medical imaging technology company focused on developing and deploying digital X-ray systems and cloud-based infrastructure for medical imaging services.
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Its business model involves providing systems and generating revenue through pay-per-scan services. The company does not engage in activities related to lending, insuring, moving, or storing money, nor does it offer financial products or services to consumers.
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Therefore, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable, and no relevant evidence could be extracted from the provided articles.
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Fair Pay & Worker Respect
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No evidence available to assess NANO-X IMAGING LTD on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess NANO-X IMAGING LTD on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Nano-X Imaging Ltd. incurred a $650,000 SEC fine related to an investigation into development and assembly cost estimates for Nanox.ARC, which the company and its former Chairman settled.
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The company has a whistleblower policy, established in January 2023, which includes a confidential and anonymous hotline and web form for reporting accounting or auditing matters.
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The Audit Committee is responsible for receiving and addressing these complaints and following up with complainants, but there is no evidence of independent investigation processes.
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Kind to Animals
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The company has a stated "No Animal Testing" policy.
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This indicates a global corporate ban on animal testing, aligning with a score of 100 for `animal_testing_policy`. Given the company's business model as a medical imaging technology and service provider, there is no evidence of operations involving animal-derived products, animal husbandry, or direct impact on wildlife habitats. Therefore, KPIs such as `cruelty_free_cert_share`, `alt_testing_usage`, `humane_cert_ops_pct`, `wildlife_conservation_impact`, `ethical_input_sub_pct`, `supplier_audit_pct`, `cage_free_source_pct`, `innovation_investment_pct`, `animal_agriculture_ethics`, `animal_free_rd_collaboration`, and `public_policy_engagement` are not applicable, resulting in a score of 0 (N/A) for these metrics. For `animal_testing_volume`, the "No Animal Testing" policy means no animals are used, which maps to N/A (0) as per the rubric.
No War, No Weapons
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The company entered into MSaaS agreements in 2020 with JSC Roel Group in the Russian Federation for $12.6 million and with Clarity Medical Solution in Belarus for $3.7 million.
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No other information regarding sales to embargoed regimes, dual-use technologies, or peacebuilding initiatives was found.
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Planet-Friendly Business
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The provided articles do not contain specific quantitative data points for any of the 'Planet-Friendly Business' KPIs.
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Information regarding environmental performance, such as greenhouse gas emissions, renewable energy use, water consumption, waste diversion, or climate targets, is not available.
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The articles explicitly state a lack of relevant sustainability metrics for Nano-X Imaging Ltd.
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Respect for Cultures & Communities
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The company has a 'Controversy Level' of 'None', indicating no reported cultural appropriation incidents.
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Safe & Smart Tech
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The company's privacy policy outlines data subject rights, including access, correction, deletion, and data portability, and provides mechanisms for users to opt-out of targeted advertising and profiling.
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A data subject request form is available for exercising these rights under various US privacy laws (CCPA, VCDPA, CPA, CTDPA, UCPA, OCPA, MCDPA, TDPSA, FDBR) and GDPR/UK GDPR.
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The privacy policy states that data is retained only as necessary for stated purposes, subject to legal requirements.
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The company mentions compliance with GDPR and other data protection laws, including specific provisions for EU and UK data transfers.
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Zero Waste & Sustainable Products
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The company has no mentioned waste disposal violations, regulatory actions, fines, or compliance issues in the provided articles.
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