From Nano-X Imaging Ltd. Q4 2025 Earnings Call | Revenue Surges 112% · · Investing 101
“As part of these plans and our broader cost reduction efforts, we are closing our chip manufacturing plant in South Korea, downsizing our fabrication facilities and shifting production to established international manufacturing partners including a Switzerland based manufacturing partners. With these actions, we expect to reduce structural and overhead cost, lower our cash burn, and enhance overall operation efficiency.”
On , Erez Meltzer, CEO & Acting Chairman at Nano-X Imaging, spoke about restructuring during Nano-X Imaging Ltd. Q4 2025 Earnings Call | Revenue Surges 112% on Investing 101.
Erez Meltzer, CEO and acting chairman of Nano-X Imaging, participated in the company's Q4 2025 earnings call on April 1, 2026, reporting a 23% increase in revenue to $3.7 million compared to the prior-year quarter. He announced a restructuring plan that includes closing a chip manufacturing plant in South Korea and shifting production to international partners, resulting in a $17.5 million impairment charge. Meltzer stated that the company signed a commercial agreement expected to lead to the placement of 400 systems globally over two to three years, and reiterated a 2026 revenue target of $35 million. He also noted that Nano-X had entered into an agreement with Howard Technology Solutions to deploy up to 300 Nanox.ARC systems over three years, with 50 indicated for the first year. On May 8, 2026, Meltzer appeared on a prayer call organized by JH Israel, where he discussed his work with AI-based medical imaging systems that analyze cardiac calcium scoring, bone density, fatty liver, and biological age. He also mentioned chairing a large irrigation company and addressed security concerns in Israel, stating that discussions in the country anticipate a possible attack by Iran in the coming weeks. Meltzer commented on the strength of the Israeli shekel versus the dollar and its effect on exports, and described President Trump as "the most influential individual right now on our lives." He also noted that despite the geopolitical situation, Nano-X had not experienced material disruption to its operations.