Inspira Technologies received a $580,000 order from NYU Langone for its ART100 extracorporeal blood circulation systems after successful clinical evaluations.
Quiver AI Summary
Inspira Technologies Oxy B.H.N. Ltd. announced a $580,000 purchase order from NYU Langone Hospital for its FDA-cleared ART100 extracorporeal blood circulation systems, following the successful completion of a clinical evaluation involving over 30 patients. This commercial order signifies the hospital's confidence in the ART100's operational value and its integration into hospital workflows. Mike Hershkovitz, VP of Global Sales at Inspira, highlighted the importance of this order as a reference point for further discussions with other hospital systems. NYU Langone's Director of Extracorporeal Technology, Fred Hill, emphasized the ART100's flexibility and economic potential for future extracorporeal support. The order aligns with Inspira's ongoing strategic process involving potential transactions concerning the ART100 and other medical assets.
Potential Positives
- Inspira Technologies received a significant $580,000 commercial purchase order from NYU Langone Hospital, indicating strong market demand for its ART100 extracorporeal blood circulation systems.
- The purchase order followed a successful multi-patient clinical evaluation, showcasing the effective integration and operational value of the ART100 platform in real hospital workflows.
- This order serves as an important commercial reference point, potentially influencing further discussions with additional U.S. and international hospital systems regarding the ART100 technology.
- NYU Langone's reputation as a nationally recognized academic health system lends credibility to the ART100 system, enhancing its perceived value in the market.
Potential Negatives
- The press release mentions the company's ongoing strategic process regarding the ART100 platform, which may indicate that there are underlying uncertainties about the company's direction or potential changes to its business strategy.
- The forward-looking statements highlight potential risks and uncertainties, suggesting that the company may not achieve the anticipated benefits of the ART100 system or secure additional commercial agreements.
- There is a lack of detailed financial information regarding the impact of the $580,000 purchase order on the company's overall revenue, which may raise concerns about the sufficiency of this order to support long-term growth.
FAQ
What recent milestone has Inspira Technologies achieved?
Inspira Technologies received a $580,000 purchase order from NYU Langone Hospital for its ART100 blood circulation systems.
What is the ART100 system used for?
The ART100 is an FDA-cleared extracorporeal blood circulation system intended for cardiopulmonary bypass procedures.
How many patients were evaluated with the ART100 system at NYU Langone?
Over 30 patients were treated using the ART100 system during its clinical evaluation at NYU Langone Hospital.
What significance does this order hold for Inspira Technologies?
This order provides an important commercial reference as Inspira engages with other hospitals regarding extracorporeal support technologies.
Which specialties is NYU Langone Hospital ranked highly in?
NYU Langone is ranked No. 1 in multiple specialties, including cardiology and neurology, according to U.S. News & World Report.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
RA'ANANA, Israel, May 18, 2026 (GLOBE NEWSWIRE) -- Inspira Technologies Oxy B.H.N. Ltd. (Nasdaq: IINN, IINNW) ("Inspira" or the "Company") today announced that it has received a $580,000 commercial purchase order from NYU Langone Hospital in New York City (“NYU Langone”) for the Company’s FDA-cleared ART100 extracorporeal blood circulation systems. The order was placed through Inspira’s U.S. distributor following the successful completion of a multi-patient clinical evaluation at the hospital, and the systems are scheduled for immediate fulfillment. This commercial milestone is in parallel with the Company’s previously disclosed active strategic process involving the ART100 platform and broader medical assets.
The purchase order follows the successful completion of an extensive hospital-based clinical evaluation, during which ART100 systems were deployed in the treatment of more than 30 patients across a broad range of cardiopulmonary and surgical cases. The evaluation provided NYU Langone with direct operational experience integrating the ART100 platform into the hospital workflows and led directly to the hospital’s decision to transition from clinical assessment to commercial procurement.
“NYU Langone’s transition from hospital-based evaluation to commercial purchase reflects the operational value of the ART100 platform in real hospital use,” said Mike Hershkovitz, VP of Global Sales at Inspira Technologies. “This order provides an important hospital reference as we continue commercial discussions with additional U.S. and international hospital systems evaluating extracorporeal support technologies.”
“Our search for the future of extracorporeal support through innovation and cost-effective technology led us to Inspira,” said Fred Hill, Director of Extracorporeal Technology at NYU Langone Hospital. “The ART100 demonstrated the type of flexibility, usability, and economic potential we believe will be important for the future of extracorporeal support.”
NYU Langone is part of NYU Langone Health, a nationally recognized academic health system named to the 2025–2026 U.S. News & World Report “Best Hospitals” Honor Roll and ranked No. 1 in the United States in multiple specialties, including cardiology, heart and vascular surgery, pulmonology and lung surgery, neurology and neurosurgery, and geriatrics.
The ART100 is a U.S. FDA-cleared extracorporeal blood circulation system intended for use in cardiopulmonary bypass procedures. The system is currently active and under evaluation at additional U.S. hospitals. As previously disclosed, Inspira is advancing an active strategic process involving multiple counterparties regarding potential transactions involving the ART100 system and additional medical assets. The Company believes the purchase order from NYU Langone provides an important commercial reference point within this process.
About Inspira Technologies
Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) is a technology company focused on advanced connectivity and electronics manufacturing solutions for next-generation hardware markets. Following its acquisition of the Additively Manufactured Electronics (AME) platform, the Company is developing high-density, thermally optimized quantum connectivity solutions for dilution cryostats and advancing AME applications for defense, aerospace, missile, space, and other mission-critical environments. Inspira also continues to advance its medical technology portfolio, including respiratory support and blood monitoring platforms, while actively working to monetize certain parts of the medical business. For more information, please visit:
www.q-trex.com
and
www.inspira-technologies.com
Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the benefits, advantages and capabilities of its ART100 system, that it is also engaged in discussions with multiple counterparties regarding potential strategic transactions involving the ART100 system and additional medical assets and its belief that the purchase order from NYU Langone provides an important commercial reference point within this process. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.
Company Contact
Inspira Technologies
Email:
[email protected]
Phone: +972-9-9664485
Investor Relations Contact
Arx Investor Relations
North American Equities Desk
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