Norwegian biometrics company NEXT Biometrics (NEXT) has received 6 MNOK purchase order for NEXT FAP20 sensors targeted for the market in India. Delivery will be in Q1 2024. The purchase order is from a new distributor focusing on the market in Asia. The sensor deliveries will be in Q1 2024. NEXT continues to evolve its distributor footprint in Asia and is proud to announce this new distributor agreement and purchase order. The NEXT products are targeted to be delivered to NEXT OEM partners in India, a total of three Indian OEM have applied for prestigious Aadhaar L1 certification using NEXT’s ..read more

Norwegian biometrics company NEXT Biometrics (NEXT) and its Indian partner Access Computech Pvt Ltd (ACPL) announces the first third party sale of ACPL’s L1 certified biometric module. The end-user product is already in the market. It is a significant achievement for NEXT as the company continues its transformation to a biometric solution provider. ACPL’s module is integrated in a third party’s Point of Service device and is for the Aadhaar Indian market and will also be targeting the PDS segment (Public Distribution Segment), which represent one of the largest biometric authentication market ..read more

On February 14th, 2024, it was time for both NEXT’s Q4 2023 report as well as our Capital Markets Day. The Capital Markets Day was arranged at Hotel Continental in Oslo, but it was also possible to view the event through our online live stream. Couldn’t make it? No worries, below we have summarized the key takeaways of the day for you. Please note that the summary below focuses on the Capital Markets Day. If you’re looking for the details of the Q4 2023 report and presentation material, you can find it here. Participants and Speakers of the Day Ulf Ritsvall, Chief Executive Officer Eirik Unde ..read more

Norwegian biometrics company NEXT Biometrics enters a new and very large business area in China. NEXT has signed a strategic partnership with a Beijing-based company (the Partner) in the healthcare and medical insurance market. The Partner has a dominating position in these markets, and the aim is to make NEXT´s technology a preferred solution and industry standard in applicable markets. NEXT expects to start delivering sensors to this partner to this partner during the second half of 2024. Biometric verification is a requirement in large parts of the healthcare sector. One example is machines ..read more

Oslo, 24 January 2024NEXT Biometrics would like to welcome investors to its presentation of Q4 2023 results and 2024 Capital Markets Day. The joint event will take place on Wednesday 14 February 2024 from 11:00 to approximately 14:00 CET, with opportunity for both in-person and virtual attendance. The event will be held at Hotel Continental, Stortingsgata 24/26, 0117 Oslo. NEXT will present Q4 2023 results on Wednesday, 14 February from 11.00 to 11.30 CET. Management will be represented by CEO Ulf Ritsvall and CFO Eirik Underthun. The Capital Market Day Presentations will start after the Q4 pr ..read more

Norwegian biometrics company NEXT Biometrics (NEXT) continues to evolve its footprint in Asia. NEXT is pleased to announce that FAP20 has now received its prestigious China ID certification through a local Chinese partner. China ID is a nationwide security requirement similar to India’s Aadhaar program, providing NEXT’s customers access to otherwise closed market segments. NEXT’s products are now ready to launch, targeting the highly demanding government and banking segment, featuring the integration of NEXT’s high-security, flagship fingerprint sensor FAP20. A China ID certification resembles ..read more

Let’s get started by rewinding to the beginning of the year! In January, we announced our ambitions to further expand in China and how our partner, Wiser, would help us with this. Shortly after, our efforts in India paid off as we got a USD 1 million shipment request from an Indian OEM later on identified as ACPL. Meanwhile, the Indian authorities also communicated the generational upgrade of India’s national Aadhaar program. In short, all current so called ”L0 devices” would need to be upgraded to the next security level, the so-called ”L1 level”. If you have followed us, you already know thi ..read more

NEXT Biometrics (NEXT) has received a new volume order from a Singapore-based distributor, amounting to NOK 12 million, to deliver its flagship fingerprint sensor FAP20. NEXT will start its deliveries in Q4 2023 and expects to complete deliveries for this order by the end of Q1 2024. In line with its strategy, NEXT continues to make progress in the rapidly evolving Indian biometrics market. Today, NEXT serves and supports several high-security business segments, such as the financial industry, law enforcement and top tier PC OEMs, with its fingerprint sensors based on its patented Active Therm ..read more

NEXT Biometrics (NEXT) continues to rapidly scale its operations – the Norwegian biometrics company has now received a new order to deliver its FAP20 fingerprint sensors. On May 23, 2023, NEXT announced a breakthrough deal with a new Asian distributor, which was structured as a three-year preferred supplier contract with a minimum volume commitment. NEXT has now received its first and initial stocking order relating to this contract. The distributor’s end-customers are targeting the China ID market with their products and the first customer plans for mass production in Q1 2024. NEXT’s deliveri ..read more

NEXT Biometrics (NEXT) announces new volume order to deliver its flagship, recently Aadhaar certified, FAP20 fingerprint sensor to one of its Indian OEM customers in Q4 2023. The order is a part of the NOK 65 million order that was announced on 3 July 2023. The customer’s products target the Point of Sales (POS) market. As previously announced, the Indian government is upgrading India’s biometric and digital ID services program, Aadhaar, to the next generation security standard. Thus, as per June 2024, all devices to be used within the ID program must now meet new, stricter security requiremen ..read more