NEXT Biometrics Expands in India with New Order
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NEXT Biometrics Expands in India with New Order

NEXT Biometrics Group ASA (NXTBF) has released an update.

NEXT Biometrics has secured a 6 MNOK purchase order for their advanced NEXT FAP20 sensors, slated for Q3 2024 delivery to the Indian market. This order signifies NEXT’s growing influence in India, as their sensors are instrumental for local OEMs seeking Aadhaar L1 certification. The company’s Senior VP highlighted the sensor’s unique security features as a factor in expanding NEXT’s global biometrics industry footprint.

For further insights into NXTBF stock, check out TipRanks’ Stock Analysis page.

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