BFLY stock hits four-year high; Midjourney unveils whole-body scanner with no radiation and low cost.
MidjourneyButterfly Network, Inc.

BFLY stock hits four-year high; Midjourney unveils whole-body scanner with no radiation and low cost.

BFLY stock surged 32% to a four-year high, while Midjourney introduced a groundbreaking whole-body scanner that operates without radiation and at a low cost. The scanner, featuring 40 imaging modules, aims to revolutionize health diagnostics with a projected fleet of 50,000 units by 2031.

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BFLY stock has nearly doubled in value this year and tripled over the past 12 months, outperforming the S&P 500. The stock's recent surge of 32% marks its highest level in four years, making it a trending topic on Stocktwits.12

In a significant technological advancement, Midjourney unveiled a whole-body scanner that operates without radiation, featuring 40 Butterfly Ultrasound-on-Chip imaging modules. This innovative device is designed to be low-cost and accessible, boasting half a million sensors that scan simultaneously and over two petaflops of processing power.347

Midjourney plans to establish a health facility in San Francisco, named the "Midjourney Spa," which will house the body-scanning equipment and is set to open by the end of 2027. The facility will include 10 scanners capable of performing more body scans annually than all MRI scanners combined.

The company aims to have a fleet of over 50,000 scanners worldwide by 2031, with a total scanning capacity of a billion scans a month. Butterfly expects to earn up to $74 million over a five-year period, indicating strong market potential for this technology.

Key Insight
“BFLY stock has surged 32%, reaching its highest level in nearly four years, as Midjourney introduces a groundbreaking whole-body scanner. The scanner promises no radiation and low costs, aiming for a fleet of over 50,000 units by 2031.”
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“Midjourney’s current scanner prototype incorporates 40 Butterfly Ultrasound-on-Chip imaging modules.”
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