We believe Intelligent Ultrasound is within months of receiving first royalties from the sale of its lead artificial intelligence (AI) software product. This will mark a considerable milestone in the company's development and deliver a significant positive value inflection in our opinion. While the company expects to have sufficient funds for the next 12 months, which should see it to this milestone, it has announced the raise of c£5.2m (gross) to support and de-risk its on-going product develop ....
17 Apr 2020
Cenkos: Intelligent Ultrasound Group Plc -- Path to profitability
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Cenkos: Intelligent Ultrasound Group Plc -- Path to profitability
Intelligent Ultrasound Group Plc (IUG:LON) | 9.0 0 2.9% | Mkt Cap: 29.4m
- Published:
17 Apr 2020 -
Author:
Chris Donnellan -
Pages:
16
We believe Intelligent Ultrasound is within months of receiving first royalties from the sale of its lead artificial intelligence (AI) software product. This will mark a considerable milestone in the company's development and deliver a significant positive value inflection in our opinion. While the company expects to have sufficient funds for the next 12 months, which should see it to this milestone, it has announced the raise of c£5.2m (gross) to support and de-risk its on-going product develop ....