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Butterfly Network Inc. is an innovative medical technology company operating in the ultrasound sector. It is best known for its handheld, semiconductor-based ultrasound device, the Butterfly iQ. This device aims to democratize ultrasound imaging by making it more portable, affordable, and accessible. The company�s core technology allows for the creation of a single ultrasound transducer chip capable of performing a wide range of imaging applications. Butterfly Network's mission is to put a powerful ultrasound tool in the hands of every healthcare professional, from emergency rooms to remote clinics. This positions them within the broader medical imaging and diagnostics industry, challenging traditional bulky and expensive ultrasound equipment. Their target market includes physicians, clinicians, and healthcare providers across various specialties, seeking to improve diagnostic capabilities at the point of care.
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