Elliptic Laboratories ASA (ELABS.OL)
Elliptic Laboratories ASA operates in the Software - Infrastructure industry of the Technology sector, headquartered in Oslo, PS, NO. The stock last traded at $3.49, down 3.06% on the session, giving a market capitalisation of $440.9M. Its beta of 0.83 implies it has historically moved less than the broad market.
Elliptic Laboratories ASA is an artificial intelligence (AI) software company that develops and supplies AI-powered virtual smart sensor technology for a broad range of industries, including smartphones, laptops, the Internet of Things (IoT), and automotive. Its innovative solutions encompass the AI Virtual Presence Sensor, which bolsters data security on laptops and offers general presence-sensing abilities for devices featuring a speaker, microphone, and audio processor. The company also provides the AI Virtual Proximity Sensor, crucial for enabling sophisticated full-screen devices, and the AI Virtual Gesture Sensor, which employs touch-free ultrasound technology for 3D gesture control. Furthermore, its 3D touchless gesture support service and AI Virtual Connection Sensor allow for seamless pairing and authentication of smart devices in close proximity. With its origins in 2006, Elliptic Laboratories ASA is based in Oslo, Norway, and operates globally, serving markets in Norway, China, Taiwan, South Korea, the United States, and Japan.
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