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Fractus Extends Licensing to US Point-of-Sale Market
Fractus, a leader in antenna technology and IP licensing, has entered into a new licensing agreement with one of the top five Point-of-Sale (POS) providers in the United States. This agreement enhances Fractus' presence across various industries, demonstrating the significance of its technology in connected devices.
Through decades of research and a strong patent portfolio, Fractus provides compact, reliable wireless solutions. The agreement enables payment terminals to integrate high-performance, multiband connectivity without extensive R&D duplication. CEO Jordi Ilario highlights this expansion as crucial for making connectivity ubiquitous.
With demand for POS terminals strong, manufacturers shipped 121.8 million units globally in 2023. The versatility of POS devices drives this growth, supporting secure mobile transactions and emphasizing the shift to software-defined terminals.
R. H.
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