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Elliptic Laboratories AS ( (DE:EIP) ) has shared an update.
Elliptic Labs has signed a new agreement with an existing global laptop manufacturer customer to deploy its AI Virtual Human Presence Sensor across at least 11 upcoming consumer laptop models. The deal spans both high-volume and premium devices and showcases the scalability of its software-only sensor platform across diverse hardware configurations within the partner’s consumer portfolio.
The contracted laptop models are slated to begin shipping in 2027, expanding Elliptic Labs’ footprint beyond high-end PCs into broader consumer segments. By replacing costly dedicated hardware sensors with its software-defined presence detection, the company is positioned to capitalize on growing demand for human presence capabilities, potentially strengthening its role as a key enabler of next-generation AI-driven user experiences in the PC market.
More about Elliptic Laboratories AS
Elliptic Laboratories AS is a Norway-headquartered technology company specializing in AI-powered virtual smart sensors that bring contextual intelligence to electronic devices. Its software-based platform, deployed in nearly one billion devices, uses deep neural networks and system-level telemetry to enable features such as human presence detection across PCs, laptops, and other hardware, enhancing personalization, privacy, and productivity for global OEMs.
YTD Price Performance: -33.73%
Average Trading Volume: 440,832
Current Market Cap: NOK473.8M
See more data about EIP stock on TipRanks’ Stock Analysis page.