NEXT Biometrics secures an additional order of NEXT Basalt, FAP20 sensors from existing OEM in India
NEXT Biometrics, the world leader in advanced high-security fingerprint sensor technology, has received an additional purchase order valued 1 MNOK from an existing OEM in India, under existing MoU (https://nextbiometrics.com/news_archive_2023/next-biometrics-signs-mou-with-additional-oem-partner-in-india/).
This order represents deliveries of NEXT Basalt, FAP20 sensors and will be taken from the existing inventory for deliveries starting in Q3. NEXT sensors will be used for verification purposes in Banking & Finance applications worldwide.
“It is encouraging to see the Indian market continue to drive demand. Globally, MOSIP is also continuously adding more countries, making it a major demand engine for the biometrics industry. With AI-enabled fraud and identity threats increasing, biometrics stands out as an economical, proven, and trusted technology that provides strong security and a clear return on investment delivering more protection and value for every dollar spent,” said Digvijay Singh Kanwar, Senior Vice President, Head of Sales IUEA.
For more information, please contact: Ulf Ritsvall, Chief Executive Officer ulf.ritsvall@nextbiometrics.com
About NEXT Biometrics
NEXT Biometrics is a pioneer of high-security biometric authentication, enabling users to live simpler, safer lives.
NEXT Biometrics was founded on the belief that strong authentication and identification can be secure, seamless and cost effective for governments and businesses with Active Thermal® technology. More than 25 years later, NEXT has retained its Norwegian heritage and grown to serve customers globally.
Today, our solutions are used by billions of users each year across 10+ national ID and local programs, 150.000+ POS terminals, 25+ laptop and tablet models from tier-1 OEMs, and physical and logical access control implementations. Through state-of-the-art technology, deep industry expertise and close collaboration with partners for seamless integration, Active Thermal® biometrics can make life simpler and safer for everyone. For more information, visit nextbiometrics.com, read our blog and follow us on LinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).