Verified Nov 2026
Bearings & Components
·
Melville, New York
·
Since 1978
Fonar Corporation designs, manufactures, and services MRI scanners, including its Upright Multi-Position MRI system that images patients standing, sitting, or lying down. The company is headquartered in Melville, New York, was founded in 1978, and has an estimated 500 to 1,000 employees. It is privately held and serves medical imaging customers, along with automotive, electric-vehicle, and industrial equipment markets. In June 2026, a cash acquisition of the remaining 94.9% stake in the company was completed, and its shares are set to be delisted.
Fonar Corporation at a glance
Revenue
$50-100M
Est. band
Employees
500-1,000
Founded
1978
Headquarters
Melville, New York
Certifications
ISO 13485 · ISO 9001
Industries
Automotive
Electric Vehicles
Medical
Industrial Equipment
STABILITY SIGNALS
Established & active
48 years in operation (founded 1978).
Holds ISO 13485, ISO 9001 certification(s) per public sources.
Overview
Fonar Corporation designs, manufactures, and services MRI scanners, including its Upright Multi-Position MRI system that images patients standing, sitting, or lying down. The company is headquartered in Melville, New York, was founded in 1978, and has an estimated 500 to 1,000 employees. It is privately held and serves medical imaging customers, along with automotive, electric-vehicle, and industrial equipment markets. In June 2026, a cash acquisition of the remaining 94.9% stake in the company was completed, and its shares are set to be delisted.
At a glance
Attribute | Detail |
|---|---|
Founded | 1978 |
Headquarters | Melville, New York |
Employees | 500-1,000 |
Revenue | $50-100M (estimated) |
Primary capability | Bearings & Components |
Certifications | ISO 13485 · ISO 9001 |
What Fonar Corporation makes
The company holds ISO 9001 and ISO 13485 certifications and lists bearing and electronics products among its offerings.
Products and capabilities described on the company's own site include Bearing, Electronics (source: fonar.com).
Certifications
Fonar Corporation is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
Latest developments
2026-06-03 — FONAR acquired in cash deal, to delist shares | FONR 8-K Filing (stocktitan.net)
2026-06-02 — Timothy Raymond Damadian along with management team, board of directors of FONAR Corporation and third parties completed the acquisition of remaining 94.9% stake in FONAR Corporation. | MarketScreener (marketscreener.com)
2026-05-29 — FONAR CORP Form 8-K filed May 29, 2026 (sec.gov)
2026-05-11 — FONAR CORP Form 10-Q for the period ended March 31, 2026 (sec.gov)
2026-05-11 — Fonar (FONR) Stock News & Updates | StockTitan (stocktitan.net)
2026-02-17 — FONAR CORP Form DEFA14A filed February 17, 2026 (sec.gov)
Company details
Fonar operates in medical equipment and, through its subsidiary Health Management Company of America, provides management and administrative support to diagnostic imaging providers. Fonar Corporation was founded in 1978, has an estimated 500-1,000 employees, and is headquartered in Melville, New York. On the LightSource stability read it is rated "Established & active": 48 years in operation (founded 1978). Holds ISO 13485, ISO 9001 certification(s) per public sources.
Frequently asked questions
What does Fonar Corporation make?
Fonar Corporation designs, manufactures, and services MRI scanners, including its Upright Multi-Position MRI system that images patients standing, sitting, or lying down. The company is headquartered in Melville, New York, was founded in 1978, and has an estimated 500 to 1,000 employees. It is privately held and serves medical imaging customers, along with automotive, electric-vehicle, and industrial equipment markets. In June 2026, a cash acquisition of the remaining 94.9% stake in the company was completed, and its shares are set to be delisted.
Where is Fonar Corporation headquartered?
Fonar Corporation is headquartered in Melville, New York (110 Marcus Drive, Melville, New York, 11747).
When was Fonar Corporation founded?
Fonar Corporation was founded in 1978.
How big is Fonar Corporation?
Fonar Corporation has an estimated 500-1,000 employees, with revenue in the $50-100M range (estimated).
What certifications does Fonar Corporation hold?
Fonar Corporation lists ISO 13485 · ISO 9001 on its website. Confirm the certified scope for the specific plant producing your part.
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Last verified Nov 2026. Is this your company? Request a correction.
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