other material
confidence high
sentiment positive
materiality 0.80
SS Innovations approved for Nasdaq listing; trading begins April 25 under SSII
SS Innovations International, Inc.
- Common stock approved for listing on Nasdaq Capital Market; trading begins April 25, 2025 under symbol SSII.
- Installed 80 SSi Mantra systems in 75 hospitals; performed 3,500+ surgeries including 195 robotic cardiac surgeries with zero device-related mortality.
- Received CDSCO approval for telesurgery/tele-proctoring; performed 16 telesurgeries including world's first robotic cardiac telesurgery up to 1,200 miles.
- FY2024 revenue $20.6M (+251% YoY); gross margin 40.9% (up from 12.3% in 2023).
- Pursuing EU CE Mark (late 2025) and U.S. FDA approval (early 2026) for SSi Mantra system.