Neonode Shares Jump After Touch Sensor Modules Selected for Contactless Airport Kiosk Trials

Sep 29, 2021 By MarketDepth

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Revenue Growth

Neonode Inc. (NASDAQ: NEON) stock jumped more than 20% on Wednesday after the technology company announced that TNB Tech, a Neonode value-added reseller, has been selected by Doostek for contactless self check-in kiosk trials at a major Korean airport featuring Neonode contactless touch technology. In 2020, Doostek, a Korean contactless solution provider, started evaluation of Neonode touch sensor modules and, following a successful testing period, Doostek decided to develop a contactless kiosk solution for airport self check-in.

International Deployments

Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, gesture sensing, and in-cabin monitoring in the United States, Japan, South Korea, China, and internationally. The contactless retrofit solution, called Touch Catch, has been installed on several self check-in kiosks at a major Korean airport.

“The interactive kiosk segment is important to Neonode’s contactless business and I am delighted having a new customer in Doostek with a capable solution that is now making its way into the Korean airport kiosks.”

Urban Forssell, CEO of Neonode

Daniel Kim, CEO of Doostek, said: “I am proud of Touch Catch and the self check-in airport installation. Thanks to Neonode’s contactless touch technology, we will contribute to a virus free travel and I am looking forward to expanding Doostek through product adoption at many Korean airports.”