A leader in ultra-low cost flexible electronics, PragmatIC, is reinventing Radio Frequency IDentification (RFID) and Near Field Communications (NFC) for the mass market applications.
PragmatIC will present how its unique flexible integrated circuits (FlexICs) can be assembled into inlays and tags at a price point up to 80% lower than the conventional silicon-based solutions at an electronics show coming up. This radical change in price, coupled with the incredibly thin, flexible and robust nature of FlexICs, opens up the potential for fast moving consumer goods (FMCG) brands to engage directly with their customers through trillions of everyday products. PragmatIC will also update on the status of its FlexLogIC™ “fab-in-a-box” that supports the capital-efficient scalability of production to meet such high-volume use cases, with the first system on track to be commissioned in January 2018.
Re-evaluating costs, usability and scalability of RFID and NFC has motivated major tag manufacturers to adopt PragmatIC’s technology. In October 2016, PragmatIC received a strategic investment from Avery Dennison, a Fortune 500 company with leading global positions in labeling and packaging materials as well as RFID. PragmatIC has also been working with Smartrac, a leader in RFID products and IoT solutions, under the EU-funded PING project since 2015. And just this past week, global packaging solutions provider TALKIN’ THINGS has announced a partnership with PragmatIC.
“We are very privileged that these prominent global RFID and NFC companies have chosen to work with us and integrate our unique technology for ultra-low cost flexible electronics,” said Scott White, CEO of PragmatIC. “With these strong partners we can now enable the world’s largest consumer brands to add intelligence into everyday items.”
This could be a game changer in the RFID space. With so many different solutions available to the consumer and larger, mass type customers, this will be something everyone will want to keep an eye on!