Neonode Inc. (NEON)
Neonode Inc. operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in Stockholm, AB, SE. The stock last traded at $1.04, up 6.11% on the session, giving a market capitalisation of $17.5M. On trailing twelve-month figures it carries a trailing P/E of 2.12, a net margin of 397.8%. Its beta of 1.12 implies it has historically moved more than the broad market.
Neonode Inc., along with its subsidiaries, specializes in developing optical sensing technology for touch, contactless touch, and gesture recognition. These innovative solutions are deployed across diverse international markets, including the United States, Japan, South Korea, and China. The company also furnishes sophisticated software solutions that utilize advanced machine learning algorithms for scene analysis. This capability enables the detection and tracking of individuals and objects within video streams from cameras and various other imaging devices. Neonode licenses its proprietary technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Additionally, they supply embedded sensor modules to OEMs, original design manufacturers (ODMs), and systems integrators, while also offering expert engineering consulting services. Furthermore, Neonode markets its own branded sensor products, such as the AirBar series, through a network of distributors. Its extensive market reach covers sectors including office equipment, automotive, industrial automation, medical, military, and avionics. Established in 1997, Neonode Inc. maintains its corporate headquarters in Stockholm, Sweden.
Neonode Inc. is most often compared with the following Technology names: