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YPB Group Ltd. ( (AU:CDE) ) has provided an announcement.
Codeifai Limited has commenced a strategic review of its material science division, terminating its exclusive license with M.I.T. for various patents related to its anti-counterfeit technology. This move aligns with the company’s ‘Digital First Engagement First’ strategy, focusing on digital transfer technologies and AI-based overlays, which eliminate the need for material shipment and reduce lead times. The termination allows Codeifai to save on costs and consider selling existing patents, potentially blocking competitors from launching similar technologies. This shift is expected to enhance the company’s financial performance by driving revenue growth in its self-service SaaS and AI offerings, particularly in QR code generation and management.
More about YPB Group Ltd.
Codeifai Limited (ASX: CDE) is a leading provider of digital and AI-powered brand solutions listed on the Australian Stock Exchange. The company focuses on empowering brands through smart digital engagement, offering high-margin solutions designed for scalability and profitability. Codeifai’s offerings enable brands to connect deeper, faster, and smarter with consumers, providing a digital code for everyone and everything.
Current Market Cap: A$3.15M
See more data about CDE stock on TipRanks’ Stock Analysis page.
