Core Insights - Butterfly Network (BFLY) plans to launch its Beam Steering API in the first half of 2026, enabling third-party developers to access advanced imaging capabilities previously exclusive to BFLY's applications [1][6] - The API will enhance imaging AI tools and simplify image capture, utilizing software-based beam steering on a semiconductor chip [2][8] - Following the announcement, BFLY shares increased by 4.9%, marking a 115.9% rise over the past six months, while the industry saw a decline of 0.7% [3][6] Company Developments - The Beam Steering API will allow developers to leverage BFLY's 3D imaging capabilities, fostering innovation and expanding ultrasound applications across various healthcare settings [4][9] - BFLY's current market capitalization stands at $977.57 million [4] - The technology is based on a semiconductor chip with approximately 9,000 elements, allowing for software-controlled ultrasound beams and improved imaging precision [8] Industry Context - The AI in ultrasound imaging market is projected to reach $1.12 billion by 2025, with a CAGR of 8.45% through 2034, driven by the increasing recognition of AI benefits in diagnostics [10] - The demand for AI-assisted workflows is critical as portable ultrasound technology becomes more prevalent in diverse clinical environments [9]

Core Insights - Butterfly Network, Inc. is set to release its Beam Steering API aimed at enhancing third-party AI application and technology development within its Butterfly Garden and Ultrasound-on-Chip co-development programs [1] Group 1 - The Beam Steering API is expected to be launched in the first half of 2026 [1] - This new API will facilitate advanced development opportunities for third-party applications in the digital health sector [1] - The company focuses on transforming care through handheld, whole-body ultrasound technology and intuitive software [1]