Neonode Inc.

Neonode provides software solutions for machine perception, utilizing advanced machine learning algorithms to detect and track people and objects in video streams from cameras and other imagers. These solutions are built on their MultiSensing® technology platform and are primarily marketed to customers in the automotive market. Neonode also offers advanced optical sensing solutions for touch, contactless touch, and gesture sensing through its zForce® technology platform. Since 2010, the company has licensed its technology to Original Equipment Manufacturers ("OEMs") and automotive Tier 1 suppliers, who have subsequently sold over 95 million products incorporating Neonode's technology. In October 2017, Neonode expanded into manufacturing and shipping touch sensor modules ("TSMs") that integrated its patented technology. However, on December 12, 2023, the company announced a strategic shift to fully focus on its licensing business. As a result, the TSM product business was phased out during 2024 through licensing the TSM technology to strategic partners and selling remaining TSMs. This TSM product business phase-out is reported as discontinued operations. In September 2025, Neonode strategically transitioned the zForce platform into maintenance mode, ceasing new sales but continuing support for existing customers across various markets and segments, including office equipment, automotive, industrial automation, medical, military, and avionics. The company's continuing operations involve licensing both its MultiSensing and zForce technologies to OEMs and automotive Tier 1 suppliers.