Spectral AI receives $31.7 million BARDA funding for burn imaging system

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Spectral AI Awarded $31.7 Million of BARDA Funding to Accelerate Development of the DeepView® System

March 18, 2026 4:05 PM EDT

DALLAS, March 18, 2026 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (Spectral AI or the Company), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it has received $31.7 million in funding from the Biomedical Advanced Research and Development Authority (BARDA) to accelerate and support additional feature aspects for the Companys DeepView® System, its AI-driven burn wound imaging technology. As part of the ongoing partnership, Spectral AI has committed to provide an additional $9.7 million to the total overall development costs associated... More