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Stock impact report

Bruker Announces $500 Million in Multi-Year Orders from Two Global Healthcare Companies for Supply of High-Performance Superconductors for MRI [Yahoo! Finance]

Bruker Corporation (BRKR) 
Last bruker corporation earnings: 10/31 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.bruker.com/investors/default.aspx
Company Research Source: Yahoo! Finance
announced two multi-year supply agreements for Bruker's latest superconductors, which are used by global radiology companies to build their next generations of magnetic resonance imaging (MRI) magnets. The combined order value of the two agreements is approximately $500 million in expected future BEST revenues, with different agreement duration periods, with one agreement extending up to seven years. These recently concluded agreements represent expansions of previous superconductor supply framework agreements. Under the expanded agreements, BEST will deliver its high-performance superconductors, designed to meet highest MRI magnet performance and quality requirements, primarily to MRI magnet production sites in the United States and the United Kingdom, from Bruker's resilient supply chain and superconductor manufacturing sites in Europe and the US. Bruker's advanced superconductors also support new helium-free MRI magnet architectures in maintaining demanding field stability and Show less Read more
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