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Mantra Softech Expands Market Reach with Extended FPC Iris Technology License

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Fingerprint Cards ( ($SE:FING.B) ) has issued an update.

Fingerprint Cards AB (FPC) has announced that Mantra Softech India Private Limited has extended its license for FPC’s iris recognition software, aiming to enhance its market presence in India and expand into emerging markets. This extension will allow Mantra to integrate FPC’s advanced iris technology into various applications, including government ID systems, banking, and healthcare, supporting their mission to deliver secure biometric solutions globally.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a leading global biometrics company based in Sweden, known for its advanced identification and authentication solutions. The company’s technology is integrated into millions of devices worldwide, providing secure and convenient biometric solutions. FPC is publicly traded on Nasdaq Stockholm. Mantra Softech, an Indian biometrics leader, specializes in fingerprint, iris, and facial recognition technologies, serving over 50 countries with a robust network of partners and distributors.

Technical Sentiment Signal: Sell

Current Market Cap: $25.79M

For a thorough assessment of FING.B stock, go to TipRanks’ Stock Analysis page.

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