Strong Defense Sector Momentum
BIO-key is gaining significant traction in the defense sector with deployments among two of the top four largest global defense agencies. These contracts, including a new large deployment in the Middle East, signify substantial growth potential.
High Renewal Rates
The company enjoys very high renewal rates in excess of 90%, indicating strong customer satisfaction and retention.
New Product Launches
BIO-key introduced the FBI FAP 20 certified EcoID III fingerprint scanner and plans to release a significant update to the PortalGuard identity platform, enhancing its product offerings.
Cost Management and Financial Position
Operating expenses were reduced by over 10% through the first nine months of 2025, and the company raised approximately $3 million post-Q3, enhancing its cash liquidity.