Next Biometrics signs letter of intent with Indian OEM
The agreement is valued at NOK 18 million per year.
The collaboration targets the law enforcement and banking industries in Europe and South Africa, as well as a growing Mosip market in Asia and Africa.
"Under the terms of the MoU, the Indian OEM will design and manufacture an authentication device using Next's new FAP30 sensor, which will be compatible with both Windows and Android devices," the press release states.
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