Mach7 Technologies (ASX:M7T) secured a total of AU$4.6 million in contracts for its picture archiving and communications system Mach 7 platform, according to a Monday filing with the Australian bourse.
The medical imaging firm secured a five-year license from four hospitals associated with non-profit Adventist Health in the US with a total value of AU$2.5 million, the filing said.
It also secured a new three-year license for the Blackford AI platform of the US Veterans Health Administration with a value of up to AU$2.1 million on a fee per study basis, the filing added.
Company shares rose 6% in recent Monday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.