Neural Analytics receives $10M contract from Department of Defense: 5 insights


Neural Analytics signed a $10 million contract with the U.S. Department of Defense to develop and supply a portable, point-of-injury ultrasound for assessing combat-related traumatic brain injuries.

Here are five insights:


1. Over the next 18 months, Neural Analytics will develop its Lucid System to measure and monitor physiological parameters relevant to moderate to severe traumatic brain injury and to operate in prolonged

field care scenarios.


2. Lucid System is expected to operate as a single, portable unit with minimally required training and maintenance. The contract was awarded by the U.S. Army Medical Research and Material Command.


3. Additionally, after the device is completed, Neural Analytics will continue to supply the system to the Department of Defense and commercialize the system into its brain health platforms.


4. It is estimated more than 370,000 military service members have suffered traumatic brain injuries over the last 16 years, and combat-related traumatic brain injury remains the most common source.


5. Neural Analytics creates devices and services to measure, diagnose and track brain health. The company focuses on acute ischemic stroke, traumatic brain injury and dementia, as well as created

portable and autonomous devices.


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