Exhibit
99.1
Pulsenmore
Receives Second AI Grant Within One Month: Israel Innovation Authority Approves $1.27 Million for SmartScan AI Program
The
new grant brings the total AI grants approved for Pulsenmore over the past month to approximately $1.6 million, supporting two programs
with a combined scope of approximately $3.12 million.
The
program is designed to advance the next generation of home ultrasound through AI-powered real-time ultrasound analysis and dynamic guidance
of the image acquisition process, with the goal of improving scan quality and consistency and enabling home ultrasound to be deployed
at greater scale.
Ramat
Gan, Israel, August 17, 2026 – Pulsenmore Ltd. (NASDAQ, TASE: PLSM), a global leader in home ultrasound technology, today announced
that the Israel Innovation Authority has approved a grant of $1.27 million for the Company’s SmartScan AI research and development
program. The 12-month program is intended to develop technology combining artificial intelligence, and real-time feedback to independently
guide pregnant women while performing ultrasound scans at home.
This
is Pulsenmore’s second AI project to receive support from the Israel Innovation Authority within one month, further advancing the
Company’s strategy to develop the next generation of home ultrasound.
SmartScan
AI is designed to address one of the key challenges in ultrasound, the dependence on user skill to acquire high-quality images. The planned
system will combine position data from a new transducer and guide the user until a suitable image is obtained. The goal is to reduce
operator dependency and enable clinical teams to support a greater volume of remote examinations. Development is expected to draw on
data from more than 250,000 clinical scans accumulated on the Company’s platform and include the optimization of advanced
models for fast, on-device processing using Edge AI.
Dr.
Elazar Sonnenschein, Founder and CEO of Pulsenmore, commented: “Receiving a second grant for an AI program within one month
represents another vote of confidence in our technology and the Company’s strategic direction. We are building an AI layer that
will operate across the process, from ultrasound image acquisition through the clinical workflow. Our goal is to enable our platform
to support a significantly greater number of home examinations without requiring a corresponding increase in clinical resources. We believe
this is one of the keys to making home ultrasound a more significant part of pregnancy monitoring and fertility care.”
SmartScan
AI is intended to support three applications in women’s health: fetal well-being and growth monitoring; the use of ultrasound in
advanced pregnancy to provide women with visual feedback on fetal head position and the effect of their pushing efforts as part of preparation
for delivery; and monitoring of follicles and endometrial thickness during fertility treatment.
The
new grant follows Pulsenmore’s selection in July 2026 for a joint Israel Innovation Authority and Ministry of Health program focused
on the development and clinical validation of AI applications for clinical workflow efficiency. Together, the two programs advance
complementary elements of Pulsenmore’s AI strategy, applying AI across both home ultrasound acquisition and the clinical workflow,
with the goal of enabling the Company’s home ultrasound platform to support a growing volume of examinations efficiently and at
scale.
About
Pulsenmore
Pulsenmore
Ltd. is dedicated to revolutionizing maternal health through home-use ultrasound technology that connects mothers and healthcare providers
remotely. By leveraging advanced imaging and telemedicine, Pulsenmore makes prenatal care patient-centric, expanding access and improving
continuity of care. For more information, visit www.pulsenmore.com
This
press release contains forward-looking statements. In particular, statements using words such as “may,” “seek,”
“will,” “consider,” “likely,” “assume,” “estimate,” “expect,”
“anticipate,” “intend,” “believe,” “contemplate,” “do not believe,” “aim,”
“goal,” “due,” “predict,” “plan,” “project,” “continue,” “potential,”
“positioned,” “guidance,” “objective,” “outlook,” “trends,” “future,”
“could,” “would,” “should,” “target,” “on track” or their negatives or variations,
and similar terminology and words of similar import, generally involve future or forward-looking statements. Such forward-looking statements
include, but are not limited to, statements relating to the expected development, timing, performance, validation, regulatory pathway
and commercial potential of the SmartScan AI program, and the use of the grant. Forward-looking statements reflect Pulsenmore’s
current views, plans, or expectations with respect to future events or financial performance. They are inherently subject to significant
business, economic, competitive, and other risks, uncertainties, and contingencies. Forward-looking statements are based on Pulsenmore’s
current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including, but not
limited to, the following: the Company’s lack of operating history; the Company’s current and future capital requirements
and the Company’s belief that its existing cash will be sufficient to fund its operations for more than one year from the date
that the financial statements are issued; the Company’s ability to manufacture, market and sell its products and to generate revenues;
the Company’s ability to maintain its relationships with key partners and grow relationships with new partners; the Company’s
ability to maintain or protect the validity of its U.S. and other patents and other intellectual property; the Company’s ability
to launch and penetrate markets in new locations and new market segments; the Company’s ability to retain key executive members
and hire additional personnel; the Company’s ability to maintain and expand intellectual property rights; interpretations of current
laws and the passages of future laws; the Company’s ability to achieve greater regulatory compliance needed in existing and new
markets; the Company’s ability to achieve key performance milestones in its planned operational testing; the Company’s ability
to establish adequate sales, marketing and distribution channels; security, political and economic instability in the Middle East that
could harm its business; and acceptance of the Company’s business model by investors. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties
affecting the Company, reference is made to the Company’s reports filed from time to time with the SEC, including, but not limited
to, the risks, uncertainties and other factors included in the Company’s Annual Report on Form 20-F, filed with the SEC on March
30, 2026. The inclusion of forward-looking statements in this or any other communication should not be considered as a representation
by Pulsenmore or any other person that current plans or expectations will be achieved. Forward-looking statements speak only as of the
date on which they are made, and Pulsenmore undertakes no obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future developments, or otherwise, except as otherwise required by law.
Investor
Contact:
Miri
Segal-Scharia
MS-IR
LLC
msegal@ms-ir.com