other material
confidence high
sentiment positive
materiality 0.80
Spectral AI subsidiary awarded up to $149M BARDA contract for DeepView burn imaging device
Spectral AI, Inc.
- Total BARDA contract value up to $149M; initial award of $55M for DeepView clinical validation and FDA clearance.
- Contract includes options up to $95M for additional development, procurement, and deployment.
- Combined with prior awards, total BARDA support reaches nearly $251M; largest contract for SMD.
- Up to 30 DeepView devices placed at burn centers for study; device has 92% diagnostic accuracy.
- Contract supports U.S. government burn mass casualty preparedness; BARDA can terminate for convenience.