
The U.S. government awarded Accuray Inc. (NSDQ:ARAY) a $1 million Small Business Innovation Research grant to fund the development of a compact X-ray device for scanning cargo.
The Sunnyvale, Calif.-based radiosurgery device maker has been developing an X-ray device with a high-energy linear accelerator for the Dept. of Homeland Security and completed SBIR-funded research for a prototype in June.
“As a leader in advanced linear accelerator technology, it’s great to see how our proven technology, used to treat cancer, can also be applicable and equally as effective for other important applications,” Accuray COO Chris Raanes said in prepared remarks.
Most of the company’s revenue comes from its CyberKnife robotic radiosurgery system, designed to non-invasively treat tumors anywhere in the body using continual image guidance technology.
The company said the cargo-scanning project should be complete in two years.
