iWave

iWave Systems is an embedded systems engineering and solutions company that supplies System on Modules, single-board computers, FPGA designs, IP cores, ODM solutions, and custom product development services. The company serves multiple end markets including medical, industrial, automotive, and avionics, and positions medical as one of its core verticals. In healthcare, iWave provides embedded hardware and software used in medical imaging, remote surgery, telemedicine, patient monitoring, diagnostic equipment, and other connected medical devices. Its business appears to be centered on enabling OEMs and device makers rather than developing therapeutics. The company therefore fits healthcare technology and medical device infrastructure more than biotech or pharma.