secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2023-09-28T23:59:59+00:00
Accession:  0001213900-23-080478
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI subsidiary awarded up to $149M BARDA contract for DeepView burn imaging device
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390023080478/0001213900-23-080478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390023080478/ea185884-8k_spectral.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-080478

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer