908 Devices Inc.

Nine Hundred Eight Devices Inc. (NASDAQ: PHMD) is a technology company that designs, manufactures, and commercializes handheld devices for point-of-need chemical analysis. The company's website is www.908devices.com.

908 Devices has developed an innovative suite of purpose-built handheld instruments leveraging mass spectrometry and optical spectroscopy technologies combined with advanced analytics and machine learning to deliver laboratory-grade chemical analysis capabilities in portable, user-friendly formats. The company's core technology platform centers on proprietary microscale mass spectrometry, known as High-Pressure Mass Spec or HPMS, which enables devices that are approximately one thousand times smaller than conventional laboratory instruments while consuming significantly less power and maintaining comparable analytical performance.

The company's primary product portfolio includes the MX908, a handheld mass spectrometry device for analyzing solids, liquids, vapors, and aerosols; the XplorIR, an FTIR spectroscopy device for detecting gases and vapors; the ThreatID, a portable FTIR device for identifying gases, vapors, powders, and liquids; the ProtectIR, a compact FTIR device for solid and liquid analysis; and the VipIR, a three-in-one analyzer integrating FTIR and Raman spectroscopy technologies. The company also offers consumables including sampling swabs, extended warranty service plans, technical support through its Reachback program, and on-site training services.

908 Devices has sold more than 3,700 handheld devices to over 700 customers worldwide, including numerous domestic and foreign government agencies, law enforcement organizations, military units, and first responders. The company operates manufacturing facilities in Danbury, Connecticut, and precision machining operations in Stamford, Connecticut, and Georgetown, Massachusetts. As of December 31, 2025, the company employed 43 full-time research and development personnel, of which approximately 49 percent hold advanced degrees in science and engineering, and 35 people in sales, marketing, and support roles. The company distributes its products through a combination of direct sales force and more than 64 third-party channel partners across domestic and international markets.