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The latest announcement is out from Elliptic Laboratories AS ( (DE:EIP) ).
Elliptic Labs announced the deployment of its AI Virtual Smart Sensor Platform on nine new smartphone models in September 2025, bringing the total to 54 models for the year. This expansion underscores the company’s leadership in providing software-only proximity detection solutions, which reduce device costs and eliminate sourcing risks, potentially enhancing its market position and stakeholder value.
More about Elliptic Laboratories AS
Elliptic Labs is a global AI software company headquartered in Norway, specializing in AI Virtual Smart Sensors that enhance user experiences by providing contextual intelligence to devices. Their technology, deployed in over 500 million devices, uses deep neural networks to create AI-powered sensors that improve personalization, privacy, and productivity. The company operates across various countries and is listed on the Oslo Stock Exchange.
YTD Price Performance: -11.26%
Average Trading Volume: 330,408
Current Market Cap: NOK979.2M
Find detailed analytics on EIP stock on TipRanks’ Stock Analysis page.