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630 units, 7 years, pay-per-scan,
Guaranteed


Nanox Signs Agreement With SPI Medical for the Deployment of 630 Nanox.ARC Units in Mexico
Subject to regulatory approval and acceptance test, the agreement guarantees minimum service fees of $119 million to Nanox over seven years aiming to service both public and private sectors.

...
a range of medical imaging services, from 2D X-ray to 3D Tomosynthesis.

...

The Nanox System will offer a range of medical imaging services, from 2D X-ray to 3D Tomosynthesis. Nanox will provide the Nanox Systems to SPI for pilots in the public and private sectors. The services are planned to be offered on a pay-per-scan business model.

According to the agreement and subject to regulatory approval, SPI commits to a minimum annual service fee to Nanox of $17 million per year, guaranteed by a standby letter of credit in favor of Nanox and renewable on an annual basis.



https://www.businesswire.com/news/home/20200909005546/en/Nan...


NNOX up today 20+- %.
https://stockcharts.com/h-sc/ui?s=NNOX
The market is showing NNOX the love, on a day when the indices and SaaS are down (so far) 1 to 2%.

😷
ralph
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