Very cool. There was something on HN about a year ago about why ultrasound machines are so expensive. This might provide some background on why something low cost makes sense.
"Still I ended up north of $3k for hardware, and several hundred projected work-hours. A lot of the cost comes from needing 50-100 transducers to get a useable image."
https://news.ycombinator.com/item?id=13231831
So you can make a very low cost one, but you trade off what use cases it's good for.
But if it's just a few hundred piezos in an array, now THAT makes a lot more sense.
Source: I looked into building one last time we had a baby but didn't get around to it.
But also if you can't afford one.