Welcome to our dedicated page for Aware news (Ticker: AWRE), a resource for investors and traders seeking the latest updates and insights on Aware stock.
Aware Inc (NASDAQ: AWRE) is a global leader in biometric identity solutions, specializing in AI-driven authentication technologies for government and commercial sectors. This page serves as a comprehensive resource for all official company announcements, financial updates, and strategic developments.
Key benefits for users: Track AWRE's innovations in fingerprint/face recognition systems, monitor regulatory compliance updates, and analyze market positioning through verified news sources. Content includes earnings reports, product launches, partnership announcements, and industry recognition.
News categories featured: Quarterly financial results, technology patents, government contract awards, cybersecurity advancements, and executive leadership changes. All content is sourced directly from company filings and accredited financial publications.
Bookmark this page for real-time updates on AWRE's role in shaping secure identity verification standards across border control, financial services, and enterprise security markets.
Aware, Inc. (NASDAQ: AWRE) announced a webcast scheduled for July 27, 2021, at 5:00 p.m. Eastern Time to discuss its financial results for Q2 2021, ending June 30. A press release detailing the financial results will precede the call. The presentation will include a Q&A session and will be available for replay for 90 days post-event. Aware specializes in biometric software solutions and serves various industries, including financial services, healthcare, and law enforcement.
Aware, a leader in biometrics, has announced a new partnership with Iris ID Systems to enhance identification technologies for state and local agencies. This collaboration aims to utilize the FBI's Next Generation Identification (NGI) Iris Service, promoting fast and accurate iris-based identification in criminal justice. Aware's products, including AwareABIS and Nexa|Iris, will be integrated with Iris ID's hardware to provide improved recognition capabilities. The partnership supports law enforcement by facilitating better access to biometric data and quicker apprehension of individuals.
Aware, Inc. (NASDAQ: AWRE) announced a partnership with Imprivata to integrate its biometric facial recognition technology into Imprivata's electronic prescriptions for controlled substances (EPCS) solution. This innovation allows healthcare providers to self-enroll securely when prescribing controlled substances, enhancing patient safety and compliance. Aware's biometrics improve healthcare workflows by offering secure mobile patient registration, accurate patient identification, and streamlined mobile authentication. The collaboration aims to bolster cybersecurity while meeting compliance demands in the healthcare sector.
Aware, Inc. (NASDAQ: AWRE) reported strong financial results for Q1 2021, achieving a 29% sequential revenue increase to $4.4 million, up 26% year-over-year. The surge is attributed to rising subscription revenue driven by transaction growth. Over 7 million transactions were secured by Knomi, supporting its 5x year-on-year subscription revenue growth. Despite a net loss of $1.4 million, cash reserves stand at $36 million. Partnerships, including one with Intercede for the U.S. Department of State, and advancing technology like the NIST evaluation bolster Aware's continued growth prospects.
Aware, Inc. (NASDAQ: AWRE), a leader in biometrics software, announced a webcast on April 27, 2021, at 5:00 p.m. Eastern to discuss its Q1 2021 financial results. The results will be released prior to the call, allowing investors to gain insights into the company's performance. A question-and-answer session will follow the presentation. Interested parties can submit questions in advance via email. A replay of the presentation will be available for 90 days in the investor relations section of Aware’s website.
Aware (NASDAQ: AWRE) has announced a partnership with Intercede to enhance cybersecurity solutions using Aware's biometric expertise. This five-year collaboration aims to bolster digital identity security, specifically targeting federal agencies and enterprises. Their combined solutions will strengthen Intercede's MyID Credential Management System, which enables secure multi-factor authentication. Both companies have already secured a contract with a US federal agency. Aware's biometric software will integrate into Intercede's platform, ensuring high security amidst rising identity theft threats.
Aware, Inc. (NASDAQ: AWRE) has appointed Gary Evee as a Class I director on its Board, enhancing its expertise in business, technology, and cybersecurity. Evee, founder of Evee Consulting Group, brings over 25 years of experience, particularly from his role at IBM's Cybersecurity Business Unit. His leadership is expected to bolster Aware's mission of empowering individuals to Own their Identity™. The board welcomes this addition to further strengthen its capabilities in the growing biometrics market.
