SmartMetric Secures $1M For Assembly Robots - Robotics Business Review
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SmartMetric Secures $1M For Assembly Robots
Robot purchases will finalize SmartMetric's full-scale manufacturing capabilities of its enhanced fingerprint activated EMV Cards
By Casey Nobile

SmartMetric, Inc.developer of secured by Biometrics Credit and Identity Cards, announced today that it has secured another $1million in funding from private strategic investors which will go primarily towards purchasing robots for assembly purposes at its global manufacturing plant in Buenos Aries, Argentina.

The company, in the midst of litigation with both Visa and Mastercard over patent infringement of its biometrics technology, needs the robots to install the SmartMetric “chips” that recognize consumers’ fingerprints for security. The investment will finalize SmartMetric’s full-scale manufacturing capabilities of its enhanced fingerprint activated EMV Cards.

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About the author

Casey Nobile is Manager of EH Publishing’s Robotics Division, including Robotics Business Review, Robotics Trends, RoboBusiness and the Robotics Marketplace at CES. She is passionate about developing connections between robotics technologies and the corporate world. Nobile has a master’s degree in Writing, Literature and Publishing from Emerson College.

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