Next Biometrics books $2.2 million order of fingerprint sensors to new Indian partner

0

Next Biometrics has received a purchase order with a conditional value of $2.2 million from an unidentified Indian partner for FAP20 fingerprint sensors.

The partnership with an Indian OEM (original equipment manufacturer) will begin with a shipment of ten percent of the total number of sensors in April. The rest of the biometric sensors are expected to be delivered in the second half of 2022 and the first half of 2023, subject to the approval of the products incorporating the biometric sensors by the Unique Identification Authority of India (UIDAI).

The products will be tested for Aadhaar program pre-certification in the second quarter of 2022, according to the announcement.

Incoming CEO Peter Heuman says the OEM is one of the fastest growing authentication vendors in the Indian market, and the deal expands the company’s market access.

“With this agreement, Next is accelerating the execution of our updated Go-To-Market strategy for India,” Heuman said. “Next will continue to work with strong partners such as this OEM. With their strong local presence and biometric expertise, Next FAP20 fingerprint sensor sales have the potential to increase our market share more profitably.

The company is making steady progress in the Indian market, including an order form for point-of-sale devices last year.

Article topics

adhar | biometrics | fingerprint sensors | India | Next Biometrics | OEM

Share.

Comments are closed.