Hyperfine Research Inc. develops, manufactures, and sells the Swoop® system, a portable magnetic resonance imaging device powered by artificial intelligence software designed for brain imaging in clinical settings. The company generates revenue through direct sales of the Swoop® system to healthcare facilities, hospitals, clinics, and qualified healthcare providers, along with associated service and support agreements. The portable MRI market represents a new and rapidly evolving sector within healthcare imaging, and the company's success depends on healthcare organizations' adoption of the technology, clinical validation of its value and cost-effectiveness, and differentiation from both emerging competitors and established traditional MRI manufacturers.