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Nanox Opens South Korean Fabrication Plant to Produce Semiconductor Chips for Novel Digital Nanox.ARC 3D X-ray System
Fully operational facility will produce Nanox.SOURCE chip, the core innovative component of Nanox.ARC, which has potential to bring X-ray technology to
About this update from Nano-x Imaging Ltd
[{"type":"text","content":"\nFully operational facility will produce Nanox.SOURCE chip, the core innovative component of Nanox.ARC, which has potential to bring X-ray technology to two-thirds of the world without meaningful access\n\nRamp up in production and preparation for shipments of the Nanox.ARC system\n\n12,000-square-meter facility strategically located next to world’s largest semiconductor cluster in Yongin, South Korea\n\n NEVE ILAN, Israel & YONGIN, South Korea--(BUSINESS WIRE)--\nNANO-X IMAGING LTD (“Nanox” or the “Company,” Nasdaq: NNOX), an innovative medical imaging technology company, today announced that it has opened its new semiconductor chip fabrication plant in South Korea. The facility is operational, opened on schedule, and will be the main production site of Nanox micro-electro-mechanical systems (“MEMs”) known as Nanox.SOURCE, a chip that produces the digital X-ray source for the Company’s Nanox.ARC system, a 3D medical imaging system that has the potential to democratize meaningful access to imaging not currently available in approximately two-thirds of the world.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220405005736/en/Nanox technician working inside chip fabrication plant in Yongin, South Korea (Photo: Nanox)\nNanox expects to get to scale for production by mid-year 2022. Additionally, Nanox has been building its production line capabilities and establishing an operational assembly line at its Israeli facility to enable the expected ramp up in production and preparation for shipments of the Nanox.ARC system.\n\nThe new facility is a highly advanced fabrication plant, dedicated to the production of MEMs. Strategically located next to the world’s largest semiconductor cluster in Yongin, South Korea, the Nanox facility spans 12,000 square meters, including a 1,200-square-meter MEMs clean room.\n\nThe Company’s core proprietary technology is a transformation from an analog X-ray source to a digital X-ray source, which we believe will result in a decrease in costs of our Nanox.ARC system compared to traditional 3D imaging systems that use a legacy analog X-ray source.\n\nThe Nanox.SOURCE is a semiconductor chip that replaces the filament in the analog X-ray tube, similar to a light-emitting diode (LED) source, and has an on/off toggling feature designed to reduce t...