Nanox Secures Three-Year Deal for 300 Nanox.ARC Deployments with Howard
Nanox posted Q4 2025 revenue of $3.7M, up from $3.0M, and a net loss of $33.4M driven by a $17.5M impairment, while advancing 36 Nanox.ARC deployments. It also signed with Howard Technology Solutions to market and install 300 Nanox.ARC systems across U.S. healthcare and public sectors over three years.
1. Fourth Quarter Financial Results
Nanox reported revenue of $3.7 million in Q4 2025, up from $3.0 million in the year-ago quarter, and recorded a net loss of $33.4 million primarily due to a $17.5 million impairment of long-lived assets in its South Korean facility.
2. Manufacturing Restructuring and CFO Transition
The company initiated a restructuring of its South Korean semiconductor manufacturing operations to reduce costs and enhance efficiency, and announced that Guy Nathanzon will become CFO on August 1, 2026, succeeding Ran Daniel after a transition period.
3. Distribution Agreements and Deployment Plans
Nanox has secured distribution deals for approximately 360 Nanox.ARC systems over the next two to three years, highlighted by a three-year agreement with Howard Technology Solutions to deploy 300 units—60 in the first year—while 36 systems are live and 17 more are slated for installation soon.