Butterfly Network signs a 5-year deal to co-develop ultrasound brain interfaces with Forest Neurotech

Arbor Neuroscience (formerly Forest Neurotech)/Forest 1 ultrasound platform

Butterfly Network agreed to supply its ultrasound-on-chip technology to Forest Neurotech for a brain-computer interface, in a five-year deal worth up to $20M in milestones and licence fees to Butterfly. Forest is a nonprofit Focused Research Organization created through Convergent Research.