Multiwave is building a portable, AI-powered MRI that aims to make preventive whole-body screening affordable for everyday patients. Conventional MRI scanners weigh several tons, need special rooms and cooling, and a preventive whole-body scan typically costs $2,500 or more. Multiwave’s device runs from a standard wall outlet, needs no cooling or shielding, and is small enough to move through doors and elevators into clinics.
Founded in Switzerland in 2015, Multiwave has already sold research scanners to leading hospitals and universities in the U.S. and Europe, including Mount Sinai and Johns Hopkins. It now manufactures in Lowell, Massachusetts. Its portable brain MRI is under FDA review, and longevity clinics have signed letters of intent to launch a portable MRI service.
A preventive whole-body MRI costs $2,500 or more, which puts regular screening out of reach for almost everyone. Multiwave is building a portable MRI that aims to bring the price of that scan down to $399, opening preventive imaging to a much wider market.
A preventive whole-body MRI costs $2,500 or more, which puts regular screening out of reach for almost everyone. Multiwave is building a portable MRI that aims to bring the price of that scan down to $399, opening preventive imaging to a much wider market.
A preventive whole-body MRI costs $2,500 or more, which puts regular screening out of reach for almost everyone. Multiwave is building a portable MRI that aims to bring the price of that scan down to $399, opening preventive imaging to a much wider market.
“Our goal is to make MRI available to all. Today, 2/3 of the world has no access to medical imaging and 90% of the world doesn’t have access to an MRI.”
The Team
Panos Antonakakis
Co-Founder & Co-CEO
A technology entrepreneur with a background in economics and finance. Panos co-founded Multiwave with his brother in 2015 and leads its commercial and business strategy, including fundraising and the company’s shift into medical imaging. He was previously an economist at the World Trade Organization and an investment director at a consumer goods company’s pension fund.
Tryfon Antonakakis, PhD
Co-Founder & Co-CEO
A scientist and former professional mogul skier with a background in engineering and applied mathematics. Tryfon leads Multiwave’s research and its portable MRI patent portfolio, and previously worked at CERN, Imperial College London and a hedge fund.
Michael Limoli
VP Engineering
A medical imaging engineer who was VP of Engineering at Samsung NeuroLogica from 2012 to 2023, where he helped lead the design of several CT scanners. Michael was a founding member of NeuroLogica, previously worked at Analogic, and joined Multiwave in 2025 to lead engineering from its U.S. base in Massachusetts.
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