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Butterfly Network Shares Jump as Midjourney Unveils Imaging Platform Built on Ultrasound-on-Chip Technology (BFLY)

Midjourney Medical has unveiled the Midjourney Scanner, a full-body ultrasound system using Butterfly Network's Ultrasound-on-Chip technology. The device uses a water pool and a sensor ring to image patients. Butterfly Network shares rose 56 percent to a four-year high following the news.

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What changed

New details emerge regarding the scanner's design, production targets, and current prototype performance.

Live updates

  1. Butterfly Network Shares Surge as Midjourney Medical Debuts Full-Body Scanner

    Midjourney Medical has unveiled the Midjourney Scanner, a full-body ultrasound system using Butterfly Network's Ultrasound-on-Chip technology. The device uses a water pool and a sensor ring to image patients. Butterfly Network shares rose 56 percent to a four-year high following the news.

    What's confirmed:

    • The Midjourney Scanner prototype integrates 40 Ultrasound-on-Chip imaging modules per system.
    • A co-development agreement disclosed in a November 2025 SEC filing allows for payments up to $74 million to Butterfly Network over five years.
    • The scanner images a person by lowering them into a shallow water pool surrounded by a ring of sensors.
    • Butterfly Network shares surged 56 percent to a four-year high.

    Still unconfirmed:

    • Midjourney aims for a scan time under 60 seconds, though the current prototype takes about 20 minutes.
    • Midjourney targets 50,000 scanners and 1 billion scans per month by 2031.
    • A flagship spa in San Francisco is planned for the end of 2027.
    • The device currently lacks FDA clearance and will provide body-composition maps instead of diagnoses.
    • Radiologists and clinical observers have questioned the evidence for the company's marketing claims.
    confidence 90%

  2. Butterfly Network Shares Hit Record High on Midjourney Scanner Deal

    Butterfly Network is licensing its Ultrasound-on-Chip technology to Midjourney Medical for a full-body scanner prototype. The co-development agreement could pay Butterfly Network up to $74 million over five years. BFLY shares surged following the announcement, marking the stock's best trading day ever.

    What's confirmed:

    • Butterfly Network will earn up to $74 million over five years under the co-development agreement.
    • The Midjourney scanner prototype uses 40 Ultrasound-on-Chip modules per system.
    • BFLY shares surged 56% following the announcement.
    • The stock increase marked the best trading day in the company's history.

    Still unconfirmed:

    • The scanner will eventually complete a full internal body scan in 60 seconds.
    • Midjourney plans to open spa-like scanning locations.
    • Investor Michael Burry praised the imaging platform.
    • The stock reached a four-year high.
    confidence 90%

  3. Butterfly Network Shares Rise as Midjourney Details Full-Body Scanner

    Midjourney Medical has unveiled a full-body tomographic imaging machine using Butterfly Network's Ultrasound-on-Chip technology. The current prototype utilizes 40 imaging modules under a co-development agreement. Butterfly Network shares saw significant gains following the announcement.

    What's confirmed:

    • The Midjourney Scanner prototype uses 40 Butterfly Ultrasound-on-Chip imaging modules.
    • Butterfly Network and Midjourney operate under a co-development agreement.
    • Butterfly Network shares increased following the Midjourney announcement.

    Still unconfirmed:

    • The partnership is valued at $74 million.
    • Midjourney targets the production of over 50,000 units.
    • Butterfly Network shares surged over 50%.
    • Butterfly Network shares jumped 31%.
    confidence 80%

  4. Butterfly Network Shares Surge After Midjourney Medical Scanner Reveal

    AI startup Midjourney launched a new healthcare division and a full-body ultrasound scanner called the Midjourney Scan. The device uses Butterfly Network's Ultrasound-on-Chip technology. BFLY shares reached a four-year high following the announcement.

    What's confirmed:

    • Midjourney launched a new healthcare division called Midjourney Medical.
    • The Midjourney Scan is a full-body ultrasound scanner using Butterfly Network's Ultrasound-on-Chip technology.
    • Butterfly Network shares hit a four-year high.
    • The Midjourney Scan was introduced during a launch event in San Francisco.

    Still unconfirmed:

    • BFLY shares rose 56% after appearing on the NYSE top gainers list for two consecutive days.
    confidence 90%