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IDEX Biometrics ( (IDXAD) ) has issued an announcement.
IDEX Biometrics has secured a significant order for developing and delivering biometric sensor systems from DigAware, aimed at enhancing enterprise security solutions in the US and globally. This collaboration will see IDEX creating a customized biometric solution for DigAware’s employee ID cards, integrating features like Bluetooth and RFID, with expected delivery by Q1 2025. The partnership is poised to boost IDEX’s market presence in the growing secure identity sector, aligning with DigAware’s strategy to meet the rising demand for advanced physical security solutions.
More about IDEX Biometrics
IDEX Biometrics ASA is a leading global technology company specializing in fingerprint biometrics. The company offers authentication solutions for payments, access control, and digital identity, utilizing patented sensor technologies and integrated circuit designs. IDEX partners with card manufacturers and technology firms to deliver card-based applications for secure and convenient user experiences worldwide.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.75M
For a thorough assessment of IDXAD stock, go to TipRanks’ Stock Analysis page.
