NEXT Biometrics, NEXT, a global leader in advanced, Active Thermal® fingerprint sensor technology, is pleased to announce the signing of a new, multi-year Memorandum of Understanding (MoU) with an Indian OEM. Through this strategic agreement, valued at approximately 18 MNOK per year, the parties target the law enforcement and banking industries in Europe and South Africa as well as the growing MOSIP market in Asia and Africa. Under the terms of the MoU, the Indian OEM will design and manufacture an authentication device featuring NEXT’s new FAP30 sensor, which will be compatible with both Windows and Android devices.

Following the recent announcement that engineering samples of its new FAP30 sensor are now available, NEXT is pleased to announce it has already signed the first agreement which will introduce its newest family member of the FAP sensor family to the world. NEXT’s Partner, the Indian OEM, will design and manufacture a battery-driven authentication device, which targets the continuous need for secure biometric authentication in the law enforcement and banking industry. NEXT’s new FAP30 sensor comes with higher than ever seen before biometric security, and it will be integrated in the device to provide state-of-the-art biometric authentication.

Digvijay Singh Kanwar, Senior Vice President and Head of Sales, India, US, EU and Africa at NEXT, explained the importance of product penetration on the South African market:
“South Africa is the leader on the African continent and as such, a significant and powerful trend setter. Due to Africa’s unique climate, sensor solutions for this market must be resistant to weather conditions and durable. Our new FAP30 fingerprint sensor is a premium biometric security product, which not only meet all the above-mentioned demands, but it is also easy to integrate and consumes less battery than competing optical solutions.”

Mr. Kanwar noted that the market’s reception of NEXT’s FAP30 sensor samples has far exceeded the company’s expectations. A contributing driver to the market’s large interest in NEXT’s new sensor samples is the size of the FAP30 sensor, as it is also the de-facto size for all United Nations (UN) projects based in Africa.

Mr. Kanwar concluded:
“Step by step, we have continued to develop our Active Thermal® technology and increase our efforts on the African continent. The market has started to understand the benefits of having a solid partner like NEXT onboard. I believe signing this MoU is also proof of the market’s trust in our ability to deliver on our promises and provide enhanced biometric security to protect the most sensitive and business-critical authentication processes.”

To cater to the needs of the African market, the Indian OEM’s device will be slim, and battery driven. To further improve the user-experience and its system compatibility, it will come in both a USB wired version and a Bluetooth version and be compatible with both Windows and Android devices. Mr. Kanwar said the FAP30 will be ready for mass-production in the latter half of 2025 and expects NEXT’s shipments of improved samples to this Indian OEM to start in first half of 2025.

For more information, please contact:

Ulf Ritsvall
Chief Executive Officer, NEXT
ulf.ritsvall@nextbiometrics.com

Eirik Underthun
Chief Financial Officer, NEXT
eirik.underthun@nextbiometrics.com

About NEXT Biometrics

NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the payment and fintech, government ID, access control and office and notebook markets. The company’s patented NEXT Active Thermal ® principle allows the development of large, high-quality fingerprint sensors with superior security level. NEXT Biometrics Group ASA is headquartered in Oslo, with sales, support, and development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.

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