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Neonode and Japan Aerospace Sign Value-Added Reseller Agreement

Neonode Inc. (NASDAQ: NEON) has partnered with Japan Aerospace Corp. through a value-added reseller agreement.

(Moderate)

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Rhea-AI Summary

Neonode Inc. (NASDAQ: NEON) has partnered with Japan Aerospace Corp. through a value-added reseller agreement. This collaboration will focus on developing contactless self-service kiosks equipped with Neonode's touch sensor modules for customers in Japan. Japan Aerospace has already produced contactless terminals for Japan Airlines that are currently being trialed at Tokyo's Haneda airport. Both companies express optimism about the partnership, citing a shared commitment to innovation and safety in the aerospace sector.

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Positive

  • New partnership with Japan Aerospace Corp. enhances market opportunities in Japan.
  • Development of innovative contactless self-service kiosks could increase product demand.
  • Existing trials with Japan Airlines demonstrate practical application and potential for success.

Negative

  • None.
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News Market Reaction – NEON

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STOCKHOLM, Oct. 26, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) and Japan Aerospace Corp. have signed a value-added reseller agreement whereby Japan Aerospace will develop contactless self-service kiosks with Neonode's touch sensor modules to customers in Japan. Japan Aerospace has already created contactless self check-in and self-service bag drop terminals for Japan Airlines (JAL). These contactless terminals have been undergoing trials at Tokyo's Haneda airport during October.

"Japan Aerospace has a history of more than 60 years delivering premium, unique services to the Japanese aerospace market. As Japan Aerospace expands its offering of new value-added engineering and technical services, we think they are an excellent partner," said Dr. Urban Forssell, CEO of Neonode. "We are excited to work with the Japan Aerospace team and customers in Japan to offer superior contactless solutions into many new applications."

Hiroshi Kuramae, President & CEO of Japan Aerospace Corp., added, "Our corporate mission is to provide qualified and unique services that enhance safety, comfort and affordability in social infrastructure and Japanese skies. We believe Neonode's unique technology is the right choice for us to enable contactless solutions in response to customer needs."

For more information, please contact:

CONTACT:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
 
Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/neonode/r/neonode-and-japan-aerospace-sign-value-added-reseller-agreement,c3225383

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https://mb.cision.com/Main/17297/3225383/1326056.pdf

Neonode and Japan Aerospace Sign Value-Added Reseller Agreement

Cision View original content:http://www.prnewswire.com/news-releases/neonode-and-japan-aerospace-sign-value-added-reseller-agreement-301159567.html

SOURCE Neonode

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the recent partnership between Neonode and Japan Aerospace?

Neonode has signed a value-added reseller agreement with Japan Aerospace Corp. to develop contactless kiosks in Japan.

How will the partnership with Japan Aerospace affect Neonode's business?

The partnership aims to leverage Neonode's technology to enhance contactless solutions, potentially increasing market presence in Japan.

What technology will Japan Aerospace be using from Neonode?

Japan Aerospace will utilize Neonode's touch sensor modules to develop self-service kiosks.

Where are the kiosks being trialed?

The contactless kiosks are currently undergoing trials at Tokyo's Haneda airport.

Which airline is involved in the trials for the contactless kiosks?

The kiosks are being tested with Japan Airlines (JAL).

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