Inspira (NASDAQ:IINN) secures first purchase order for INSPIRA ART100 Systems

Inspira Technologies (NASDAQ:IINN), a pioneer in medical technology, announced today that it has received its first purchase order from Glo-Med Networks for five units of its INSPIRA™ ART100 systems.

These units are slated for shipment in the fourth quarter of 2024.

Additionally, the agreement includes an option for Glo-Med to purchase up to 20 more systems, pending further negotiations.

This initial order and the potential future purchases represent a significant milestone in Inspira’s growth strategy.

The company is currently developing the INSPIRA™ ART (Gen 2), which targets the $19 billion mechanical ventilator market.

This next-generation technology aims to offer an alternative to traditional mechanical ventilation.