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Elliptic Laboratories AS ( (DE:EIP) ) has issued an announcement.
Elliptic Labs reported a 20% increase in revenue from customer contracts for 2025, reaching NOK 26.6 million, and a 19% increase in total revenue and other operating income for the first quarter. The company has rapidly expanded its product deployment, launching its platform on 23 new laptop models and 23 new smartphone models in the early months of 2025. With commitments for an additional 45 smartphone models, Elliptic Labs is demonstrating strong commercial momentum and strategic execution, solidifying its position in the AI-native device market.
More about Elliptic Laboratories AS
Elliptic Labs is a company specializing in AI Virtual Smart Sensor Platforms, which enhance user experiences by bringing contextual intelligence to devices. Their technology leverages proprietary deep neural networks to create AI-powered Virtual Smart Sensors that improve personalization, privacy, and productivity. With a presence in Norway, the USA, China, South Korea, Taiwan, and Japan, Elliptic Labs’ platform is deployed in over 500 million devices globally, and the company is listed on the Oslo Stock Exchange.
Average Trading Volume: 228,971
Current Market Cap: NOK1.32B
Learn more about EIP stock on TipRanks’ Stock Analysis page.