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Mantra Softech Extends FPC Iris Technology License for Global Expansion

Story Highlights
  • Fingerprint Cards AB’s iris technology license with Mantra Softech has been extended.
  • The extension supports Mantra’s market expansion and enhances security solutions globally.
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Mantra Softech Extends FPC Iris Technology License for Global Expansion

Confident Investing Starts Here:

Fingerprint Cards ( ($SE:FING.B) ) just unveiled an update.

Fingerprint Cards AB has announced that Mantra Softech has extended its license for FPC’s iris recognition technology, aiming to strengthen its position in India and expand into emerging markets. This extension will allow Mantra to incorporate FPC’s advanced technology into various applications, including government ID systems, banking, and healthcare, enhancing security and convenience for users globally.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a leading global biometrics company based in Sweden, specializing in providing secure and convenient identification and authentication solutions. Their technologies are integrated into hundreds of millions of devices worldwide. Mantra Softech is a prominent biometric technology company in India, known for its fingerprint, IRIS, and facial-recognition devices, serving over 50 countries with a strong network of partners.

Technical Sentiment Signal: Sell

Current Market Cap: $25.79M

For detailed information about FING.B stock, go to TipRanks’ Stock Analysis page.

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