16:18:56 EDT Sun 21 Apr 2024
Enter Symbol
or Name
USA
CA



Butterfly Network launches ¢ € œButterfly Garden ¢ €  AI Marketplace for custom AI applications

2023-08-02 17:05 ET - News Release

Medical device companies, virtual care companies, and AI developers can now access Butterfly’s software development kit (SDK) to build new applications that reach Butterfly’s prominent installed base

The Company is accepting applications for SDK access on a rolling basis via www.butterflynetwork.com/butterfly-garden


BURLINGTON, Mass. -- (Business Wire)

Butterfly Network, Inc. a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, today announced the release of its software development kit (SDK) for use by third parties. The SDK can be leveraged by artificial intelligence (AI) software developers, medical device companies building ultrasound into their platforms, and telemedicine companies adding ultrasound into their virtual care workflows. The kit will allow developers to utilize Butterfly’s platform to build custom applications that can be commercialized to Butterfly’s customer base – the largest user network in handheld point-of-care ultrasound.1 The Company ultimately plans to open “Butterfly Garden,” an AI Marketplace where new apps will be hosted for Butterfly users to discover and purchase the latest AI capabilities.

"As a technology-enabled software company, we’re committed to supporting mass access to AI solutions. Opening our SDK and launching Butterfly Garden demonstrates this priority by creating an easy pathway for third parties to develop new AI tools with our platform, access larger audiences through our leading installed base, and ultimately drive more value for our mutual customers,” said Joe DeVivo, Butterfly’s President, Chairman and Chief Executive Officer. “We have a SDK and API roadmap that will continue to bring additional capabilities to outside developers, so together we build a rich ecosystem of imaging AI.”

Butterfly’s SDK can be used to develop a range of AI solutions that aim to…

  • Improve ease of use by augmenting practitioners with image acquisition assistance, automatic clinical measurements, or clinical decision support;
  • Expand care settings to new clinical environments, such as patient homes or resource-limited global settings;
  • Build learner and student competency with just-in-time training, education, or other simulation tools;
  • Integrate ultrasound into new modalities, such as augmented reality, virtual reality, or robotics.

"Our aim with Butterfly Garden is to create the premier destinationfor hosting new and exciting AI innovation in imaging,” said Darius Shahida, Chief Strategy & Business Development Officer, Butterfly Network. “With this marketplace, we open the gates to easier distribution and scaling of AI solutions from developers who share our vision for bringing impactful technology to all of our customers, and ultimately, to patients worldwide.”

Butterfly is accepting applications for third-party SDK access on a rolling basis, if you are interested in learning more or applying, visit https://www.butterflynetwork.com/butterfly-garden.

About Butterfly Network

Founded by Dr. Jonathan Rothberg in 2011 and listed on the New York Stock Exchange through a business combination with Longview Acquisition Corp., Butterfly created the world's first handheld, single probe whole-body ultrasound system using semiconductor technology, the Butterfly iQ+. Butterfly's mission is to democratize medical imaging and contribute to the aspiration of global health equity, making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Through its proprietary Ultrasound-on-Chip™ technology, Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ+ can be purchased today by trained healthcare practitioners in areas including, but not limited to, parts of Africa, Asia, Australia, Europe, North America and South America; to learn more about available countries, visit: butterflynetwork.com/choose-your-country.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to financial results, future performance, development of products and services, and the size and potential growth of current or future markets for its products and services. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside the Company’s control and are difficult to predict. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions you not to place undue reliance upon any forward-looking statements, which speak only as of the date of this press release. The Company does not undertake or accept any obligation or undertake to release publicly any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based.

1Harras S, Hassan M. 2022 Handheld DeepDive Report: Point of Care Clinical Application Trends. Signify Research. 2022 (section 3.2c, page 38)

Contacts:

Butterfly Network:

Business Inquiries:
Darius Shahida, Chief Business Development Officer
dshahida@butterflynetinc.com

Media:
Liz Learned, Head of Corporate Communications
media@butterflynetwork.com

Investors:
Heather Getz, Chief Financial and Operations Officers
investors@butterflynetwork.com

Source: Butterfly Network, Inc.

© 2024 Canjex Publishing Ltd. All rights reserved.