Radio Frequency Identification Technology for Logistics, Tagging and EPC

VeriChip lands $10m investment from Optimus

Tuesday, September 29, 2009

Florida-based VeriChip Corporation, maker of the world’s first human implantable RFID chip, has announced that it will receive a $10 million investment from Optimus Technology Capital Partners.

VeriChip plans to use a portion of the investment to fully fund its program with RECEPTORS LLC to develop a virus triage detection system for the H1N1 virus and an in vivo glucose-sensing RFID microchip. The rest will be reserved for working capital. [end] 

Related Articles
LG launches two new 'Gingerbread' phones

LG Electronics has announced the addition of two new Android-based Optimus Series smart phones, the LG Optimus Pro and the LG Optimus Net.

According to LG, both phones will run on the latest NFC-enabled Android 2.3 platform, ‘Gingerbread.’ However, only some of the phones launched in Europe will be NFC capable for mobile payments, depending on the carrier.

read more »
Honeywell enters the RFID space with new retail solution

Proclaiming its entrance into the RFID space, Honeywell introduced part of a new product portfolio designed to bring efficiency to the retail industry, the Optimus 5900 RFID mobile computer.

read more »
PositiveID receives VeriChip Order for Israeli Military

PositiveID announced that it has received an order for its VeriChip microchip to be used for disaster preparedness and emergency management by the Israeli Military.

read more »
VeriTeQ acquires VeriChip implantable microchip, focuses on patient and animal ID

VeriTeQ announced it has acquired the VeriChip implantable microchip and related technologies and Health Link Web-based personal health record (PHR) from Positive ID. VeriChip is the FDA-cleared RFID implantable microchip for humans and patient identification.

read more »
Samsung, LG & RIM phones get Visa payWave certification

Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

read more »
VeriTeQ offers implantable microchip for traceability of breast implants and other medical devices

VeriTeQ announced its plans to offer the FDA-cleared VeriChip microchip, a rice grain-sized passive RFID microchip, for the identification of breast implants and other medical devices.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.