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NEXT and ACPL have collaborated to develop a new, more advanced fingerprint sensor. This solution will support the global expansion of biometric verification systems for national ID programs, facilitating access to government aid, financial services and more. These sensors are set to be integrated into ACPL devices marked for roll out across countries including Chile, India, Mexico, Morocco, South Africa and Uganda.
NEXTâs existing partnership with ACPL was announced in 2022. This order extends the relationship and demonstrates ACPLâs gaining growing market share. NEXT recently supported ACPL in successfully completing the rigorous Aadhaar L1 certification process, demonstrating exceptional in-field performance and security. The systemâs accuracy, performance and security were tested to ensure the system correctly identifies and authenticates users, works swiftly and that it can also withstand various types of attacks and manipulations. NEXTâs solutions are also MOSIP compliant and certified by a number of other bodies, including FBI-PIV and NIBSS.
âPartnering with NEXT Biometrics has enabled us to deliver faster, more secure, and Aadhaar-compliant fingerprint authentication solutions,â states Ajay Sinha, Managing Director at ACPL. âNEXTâs sensor technology has helped us meet stringent L1 certification requirements while enhancing the overall citizen experience through faster transactions and superior reliability. The close technical collaboration with their engineering team was a major factor in the successful integration and rollout of our latest products.â
âThis is a significant milestone in a truly collaborative partnership,â adds Ulf Ritsvall, CEO of NEXT Biometrics. âWe share a commitment to delivering strong and convenient biometric authentication for India and beyond. ACPL has identified the value of Active Thermal biometrics in both meeting the stringent security and liveness requirements of government deployments while ensuring high-speed, convenient and accurate authentications for citizens. This is why weâre seeing the growth in demand globally and look forward to working closely with ACPL to deliver on this next wave of national ID initiatives.â
As the new, more advanced sensor has a higher unit price, ACPL has the option to replace some of the sensors with the standard version of our flagship FAP20 sensor, which in this case will reduce the order value accordingly.
NEXT will officially launch the sensor to the wider market later this year. For more information about NEXT Biometricsâ solutions, visit our website.
This information in this stock exchange announcement is considered to be inside information pursuant to the EU Market Abuse Regulation and is published in accordance with section 5-12 the Norwegian Securities Trading Act.
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the payment and fintech, government ID, access control and office and notebook markets. The companyâs patented NEXT Active Thermal ÂŽ principle allows the development of large, high-quality fingerprint sensors with superior security level. NEXT Biometrics Group ASA is headquartered in Oslo, with sales, support, and development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.
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NEXT Investor contact:
Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com
This stock exchange announcement was published by Eirik Underthun, CFO at NEXT Biometrics Group ASA, on 13 May 2025, at 17:00 hours (CEST).
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