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Nanox Signs Distribution Agreement with Radiology Oncology Systems to Expand Nanox.ARC Adoption in the United States

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Nanox (NASDAQ:NNOX) announced that Nanox Impact signed a U.S. distribution agreement with Radiology Oncology Systems to roll out the Nanox.ARC across U.S. clinical settings. The Nanox.ARC is an FDA-cleared multisource digital tomosynthesis system intended to expand 3D imaging access with lower dose and cost.

The agreement leverages Radiology Oncology Systems’ distribution and service network to support planned deployments in oncology-adjacent and other clinical environments.

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Positive

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Negative

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News Market Reaction – NNOX

-14.25% 2.4x vol
28 alerts
-14.25% Session close to close
-11.0% Trough in 4 hr 22 min
$132.92M Market Cap
2.4x Rel. Volume

In the Apr 23 session, NNOX declined 14.25%, reflecting a significant negative market reaction. Argus tracked a trough of -11.0% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility. Trading volume was elevated at 2.4x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -14.3% in the session following this news. A negative reaction despite another U.S...
Analysis

The stock dropped -14.3% in the session following this news. A negative reaction despite another U.S. distribution agreement fits a pattern where commercial progress did not always support the share price. The Howard Technology deal and Q4 2025 update on Apr 20 coincided with a -24.39% move, highlighting sensitivity to earnings quality, losses, and financing capacity. An active Form F-3/A shelf filed on Mar 26, 2026 and lack of profitability may have reinforced concerns that overshadowed the incremental expansion of the Nanox.ARC network.

Historical Context

5 past events · Latest: Apr 20 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 20 U.S. deployment deal Positive -24.4% Howard agreement to deploy 300 Nanox.ARC systems over three years.
Apr 20 Earnings update Negative -24.4% Q4 2025 results with $3.7M revenue and $33.4M net loss, large impairment.
Apr 16 Product award Positive +4.6% Nanox.ARC X winning 2026 Red Dot Award for product design.
Apr 14 Clinical collaboration Positive +3.8% Meir Medical Center study of Nanox.ARC for emergency orthopedic imaging.
Apr 13 Regional distribution deal Positive +4.8% Distribution agreement with Digital X-Ray Imaging to expand Nanox.ARC in Arkansas.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news often moved the stock, with four aligned reactions and one notable divergence when a major U.S. deployment deal coincided with a sharp selloff.

Recent Company History

Over April 2026, Nanox announced multiple milestones: new U.S. distribution deals, a clinical collaboration for orthopedic imaging, and a design award for Nanox.ARC X. A Howard Technology agreement to deploy 300 systems over three years and Q4 2025 earnings (revenue $3.7M, net loss $33.4M) both coincided with a -24.39% move. Earlier, clinical and distribution announcements, plus the Red Dot award, saw positive price reactions. Today’s U.S. distribution expansion fits this commercialization push but comes after recent volatility around business updates and contracts.

Key Terms

digital tomosynthesis, fda-cleared
2 terms
digital tomosynthesis medical
"an FDA-cleared, multisource digital tomosynthesis system that makes 3D imaging possible"
A medical imaging method that takes multiple low-dose X-ray pictures from different angles and combines them into thin 'slices' of a body part, like slicing a loaf of bread to see interior layers rather than one flat cut. For investors, it matters because the technology can improve diagnostic accuracy and workflow in hospitals and clinics, influencing device sales, reimbursement decisions, competitive positioning, and the pace at which healthcare providers adopt new equipment.
fda-cleared regulatory
"an FDA-cleared, multisource digital tomosynthesis system that makes 3D imaging possible"
FDA-cleared means a medical product—typically a device or diagnostic—has passed a U.S. regulator’s review showing it is substantially similar to an existing approved product and is safe and effective for its intended use. For investors, clearance acts like an official safety stamp that lowers regulatory risk and can speed market access, comparable to getting a trusted roadworthy certificate before selling cars, which can make sales and adoption happen faster.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Expands Nanox’s growing network of U.S. distribution partnerships

PETAH TIKVA, Israel, April 23, 2026 (GLOBE NEWSWIRE) -- Nano-X Imaging Ltd. (“Nanox”, or the “Company”, NASDAQ: NNOX), a leader in innovative medical imaging technology, today announced that its U.S.-based subsidiary, Nanox Impact Inc., has signed a distribution agreement with Radiology Oncology Systems, a U.S. provider of diagnostic imaging and oncology equipment solutions serving hospitals and clinics nationwide, to distribute its Nanox.ARC systems across the U.S.

Under the terms of the agreement, Radiology Oncology Systems will support the commercial rollout of the Nanox.ARC, an FDA-cleared, multisource digital tomosynthesis system that makes 3D imaging possible in more clinical settings, at a lower cost and reduced radiation dose compared to traditional CT. Radiology Oncology Systems has a strong track record of supporting U.S. hospitals and clinics with reliable, cost-effective technologies designed to expand access to imaging and oncology-related clinical applications.

Through this collaboration, Nanox and Radiology Oncology Systems aim to broaden access to advanced imaging solutions across additional U.S. clinical settings, including oncology-adjacent care environments. The agreement includes the planned deployment of Nanox.ARC systems, leveraging Radiology Oncology Systems’ established distribution network and service infrastructure to support deployment.

“We continue to systematically expand our U.S. commercial footprint through targeted distribution agreements,” said Erez Meltzer, Chief Executive Officer and Acting Chairman of Nanox. “Radiology Oncology Systems adds another experienced partner to our growing U.S. network, bringing specialized expertise in oncology and diagnostic imaging that complements our existing channel partners and supports measured deployment and continued commercial execution.”

John Vano, President and Chief Executive Officer of Radiology Oncology Systems, said, “We are pleased to enter into this agreement with Nanox. We believe the Nanox.ARC aligns well with our focus on delivering practical, accessible imaging solutions to U.S. healthcare providers.”

This agreement represents another step in Nanox’s expanding U.S. distribution strategy, as the company continues to advance its channel partner strategy, building a diversified distribution network to support commercial deployment across the United States.

About Nanox

Nanox (NASDAQ: NNOX) is focused on driving the world’s transition to preventive health care by delivering an integrated, end-to-end medical imaging and healthcare services platform.

Nanox combines affordable imaging hardware, advanced AI-based solutions, cloud-based software, access to remote radiology, health IT solutions, and a marketplace to enable earlier detection, improved clinical efficiency, and broader access to care.

Nanox’s vision is to expand the reach of medical imaging both within and beyond traditional hospital settings by providing a seamless solution from scan to interpretation and beyond. By leveraging proprietary digital X-ray technology, AI-driven analytics, and a clinically driven approach, Nanox aims to enhance the efficiency of routine imaging workflows, support early detection of disease, and improve patient outcomes.

The Nanox ecosystem includes Nanox.ARC, a cost-effective, 3D multi-source digital tomosynthesis imaging system designed for ease of use and scalability; Nanox.AI, a suite of AI-based algorithms that augment the interpretation of routine CT imaging to identify early signs often associated with chronic disease; Nanox.CLOUD, a cloud-based platform for secure data management, storage, and advanced imaging analytics; Nanox.MARKETPLACE and USARAD Holdings, which provide access to remote radiology and cardiology experts and comprehensive teleradiology services; and Nanox Health IT, which combines deep healthcare IT expertise with leading technology partners to deliver RIS, PACS, AI, dictation, and secure infrastructure solutions that streamline workflows and support safer, more efficient care delivery.

By integrating imaging technology, AI, cloud infrastructure, clinical expertise, a marketplace, and health information technology, Nanox seeks to lower barriers to adoption, improve utilization, and advance preventive care worldwide. For more information, please visit www.nanox.vision.

About Radiology Oncology Systems (ROS)

For over 25 years, ROS has been providing affordable, high-quality, reconditioned radiation therapy and diagnostic imaging equipment solutions with proven end-to-end reliability. Solutions include refurbished Linear Accelerators (Linacs), CT scanners, MRI systems, PET/CT scanners, CT simulators, replacement parts, accessories, and related services for facilities around the world, increasing access to quality healthcare services for millions of patients.

Forward-Looking Statements

This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements that are not historical facts contained in this press release are forward-looking statements. Such statements include, but are not limited to, any statements relating to the initiation, timing, progress and results of the Company’s research and development, manufacturing, and commercialization activities with respect to its X-ray source technology and the Nanox.ARC, the ability to realize the expected benefits of its recent acquisitions and the projected business prospects of the Company and the acquired companies. In some cases, you can identify forward-looking statements by terminology such as “can,” “might,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “should,” “could,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. Forward-looking statements are based on information the Company has when those statements are made or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause actual results to differ materially from those currently anticipated include: risks related to (i) Nanox’s ability to complete development of the Nanox System; (ii) Nanox’s ability to successfully demonstrate the feasibility of its technology for commercial applications; (iii) Nanox’s expectations regarding the necessity of, timing of filing for, and receipt and maintenance of, regulatory clearances or approvals regarding its technology, the Nanox.ARC and Nanox.CLOUD from regulatory agencies worldwide and its ongoing compliance with applicable quality standards and regulatory requirements; (iv) Nanox’s ability to realize the anticipated benefits of the acquisitions, which may be affected by, among other things, competition, brand recognition, the ability of the acquired companies to grow and manage growth profitably and retain their key employees; (v) Nanox’s ability to enter into and maintain commercially reasonable arrangements with third-party manufacturers and suppliers to manufacture the Nanox.ARC; (vi) the market acceptance of the Nanox System and the proposed pay-per-scan business model; (vii) Nanox’s expectations regarding collaborations with third-parties and their potential benefits; (viii) Nanox’s ability to conduct business globally; (ix) changes in global, political, economic, business, competitive, market and regulatory forces; (x) risks related to the current war between Israel and Hamas and any worsening of the situation in Israel; (xi) risks related to business interruptions resulting from the COVID-19 pandemic or similar public health crises, among other things; and (xii) potential litigation associated with our transactions.

For a discussion of other risks and uncertainties, and other important factors, any of which could cause Nanox’s actual results to differ from those contained in the Forward-Looking Statements, see the section titled “Risk Factors” in Nanox’s Annual Report on Form 20-F for the year ended December 31, 2024, and subsequent filings with the U.S. Securities and Exchange Commission. The reader should not place undue reliance on any forward-looking statements included in this press release. Except as required by law, Nanox undertakes no obligation to update publicly any forward-looking statements after the date of this press release to conform these statements to actual results or to changes in the Company’s expectations.

Contacts

Media Contact:
Ben Shannon
ICR Healthcare
NanoxPR@icrinc.com

Investor Contact:
Mike Cavanaugh
ICR Healthcare
mike.cavanaugh@icrhealthcare.com


FAQ

What does the Nanox distribution agreement with Radiology Oncology Systems mean for NNOX shareholders?

It expands Nanox's U.S. commercial channel through a signed distribution agreement. According to Nanox, Radiology Oncology Systems will support commercial rollout, leveraging its distribution and service network to deploy Nanox.ARC systems across additional U.S. clinical settings.

Which Nanox product will Radiology Oncology Systems distribute in the United States under the NNOX deal?

Radiology Oncology Systems will distribute the Nanox.ARC multisource digital tomosynthesis system. According to Nanox, the Nanox.ARC is FDA-cleared and designed to enable 3D imaging with reduced radiation dose and lower cost versus traditional CT.

How will the Radiology Oncology Systems partnership affect Nanox.ARC deployment timelines for NNOX?

The agreement plans deployment using Radiology Oncology Systems’ established network and service infrastructure. According to Nanox, this collaboration is intended to support measured commercial deployment across oncology-adjacent and other U.S. clinical environments.

Does the Nanox press release provide financial terms or shipment volumes for the NNOX distribution deal?

No, the announcement does not disclose financial terms, shipment volumes, or pricing for the distribution agreement. According to Nanox, the agreement focuses on leveraging partner networks for planned deployment rather than reporting contract values or unit counts.

What clinical advantages does the Nanox.ARC claim to offer that relate to the NNOX agreement?

Nanox.ARC is described as an FDA-cleared multisource digital tomosynthesis system with 3D imaging capability at lower cost and reduced radiation dose compared to traditional CT. According to Nanox, these features aim to broaden access to advanced imaging in more clinical settings.