Compumedics Secures Major MEG Contract in China

Fri 21 Mar 25, 12:14 AM | Team Kalkine

Image source: Shutterstock

Highlights

Compumedics wins a new MEG system contract with Hangzhou Normal University (HZNU) in China.

The MEG system and CURRY neuroimaging software will be delivered in early 2026, with a significant deposit expected this month.

CMP shares surged 21% to AU$0.31 on 21 March 2025, following the contract announcement.

Compumedics Limited (ASX:CMP) has confirmed a new MEG system contract with Hangzhou Normal University (HZNU) in China, reinforcing its position as the leading supplier of MEG technology in the country.

The contract, facilitated through Beijing Fistar, Compumedics' long-term Chinese distributor, includes the MEG system, CURRY neuroimaging software, and ancillary equipment. The system is set to be shipped in early 2026, following site preparations, with initial deposits expected this month and further payments linked to shipment and installation.

Cutting-Edge Technology Enhancements

Compumedics continues to refine its Orion LifeSpan™ MEG system, incorporating several technological improvements such as:

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