Inspira Technologies secures $27M order from African Ministry of Health; shares up

* Inspira Technologies (NASDAQ:IINN [https://seekingalpha.com/symbol/IINN]) received a $27M binding purchase order for its FDA-cleared ART100 systems.
* The order was placed by a national Ministry of Health in Africa through Inspira’s exclusive distribution partner.
* The deal initiates a nationwide deployment program for the ART100 devices.
* Full contractual payment is scheduled to be completed during 2025.
* Shipments, installation, training, and onboarding will be coordinated with the Ministry.
* The purchase is expected to accelerate Inspira’s revenue growth.
* IINN shares up 20.5% premarket on Tuesday.
* Source: Press release [https://seekingalpha.com/pr/20204887-inspira-secures-27-million-government-binding-purchase-order-for-art100-systems-with-full]

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