Here’s how Micro-X spearheaded the only innovation in X-Ray generation since its conception in 1895.
Micro-X was founded in Victoria, Australia by Managing Director, Mr Peter Rowland.
Micro-X signed exclusive Heads of Agreement with global medical equipment supplier, Carestream Health Inc. of Rochester, New York.
Mr Richard Hannebery joined the Micro-X Board of Directors as Executive Director, Corporate Development. Mr Hannebery champions Series A and Series B funding tranches of $13M enabling the full scale development to start for the Carestream product.
In between relocating to South Australia and listing on the Australian Stock Exchange with a A$20M IPO, Micro-X secured a contract with the Australian Defence Force to create a mobile X-ray to be used in deployed military hospitals and explosive detection.
Micro-X secured another contract with Carestream Health Inc. for the exclusive development and OEM supply of a mobile X-ray unit – the DRX Revolution Nano.
Business continued to grow, along with demand. The Carestream DRX Revolution Nano received approval in the USA and the ‘first from production’ units were accepted by Carestream Health – both of which came shortly before we won the ‘Design for Export’ award for the design of the product.
Meanwhile, Micro-X also established the US entity, Micro-X Inc. as a wholly-owned subsidiary, and hosted an exhibition stand at the 103rd annual Radiological Society of North America Scientific Meeting in Chicago.
2018 was the year Micro-X received the first purchase order from Carestream Health for the DRX Revolution Nano, which also won “Best in Class” for Product Design at the Australia Good Design Awards. Major investments in manufacturing plants and equipment were also made possible with $2.4M in Grant Funding from the Federal Government Advanced Manufacturing Growth Fund.
This wide-spread success saw a new contract with the UK Ministry of Defence, under the Future Aviation Security Solutions (FASS) programme for the demonstration of technology to be used to find explosives hidden in electrical items.
2019 – 2020
Over the next two years, Micro-X revealed and published a patent for the next generation proprietary CNT X-ray tubes and installed the first Australian DRX revolution Nano at Alfred Hospital, Melbourne. At the same time, the newly introduced Rover Mobile X-ray was cleared in the US.
Word continued to spread, and Micro-X saw more than $1M new Australian orders and $1.4m contract sales for our second product – the Rover. As demand increased, Micro-X was recognised as a finalist in the 2020 SA Science Excellence and Innovation Awards and was awarded a Airport Security Contract by U.S. Department of Homeland Security.