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NEXT Biometrics Group ASA ( (NXTBF) ) has provided an update.
NEXT Biometrics has signed a Memorandum of Understanding with a new Indian partner to develop a biometric module featuring advanced liveness detection, targeting growth in the Aadhaar L1 and MOSIP markets and national ID programs. This collaboration aims to complete integrations by Q1 2025 and expects initial volume orders by H2 2025, enhancing NEXT’s position in the global biometric ID market.
More about NEXT Biometrics Group ASA
NEXT Biometrics Group ASA is a global leader in advanced fingerprint sensor technology, specializing in the Active Thermal® principle for high-quality, secure fingerprint sensors. The company serves various markets, including payment and fintech, government ID, access control, and office and notebook sectors. Headquartered in Oslo, NEXT operates with sales, support, and development offices in Seattle, Taipei, Tokyo, New Delhi, and Shanghai.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $63.53M
Find detailed analytics on NXTBF stock on TipRanks’ Stock Analysis page.
