authID signs $2 million licensing and support agreement with EinStrong Foundation
PUBT · 1d ago
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- AuthID signed a USD 2 million technology licensing, services, support agreement with the EinStrong Charitable Foundation.
- EinStrong paid USD 1 million for a non-exclusive license. It committed another USD 1 million for biometric de-duplication development support.
- Deal supports EinStrong’s universal ID program. It uses AuthID biometrics to verify recipients for direct cash transfers.
- AuthID reported monthly cash operating expenses down roughly 40% versus the first quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Authid Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060800PRIMZONEFULLFEED9840276) on October 06, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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