Bio-key International shares rise 43.07% after-hours following partnership with Visualforma to enhance digital identity and access management.

BIO-key International surged 43.07% in after-hours trading following the announcement of a strategic partnership with Portuguese technology integrator Visualforma to expand its digital identity and access management solutions. The collaboration, which was also cited as the catalyst for a 70% premarket gain earlier, signals the company’s potential to strengthen its market position in identity verification technologies through European expansion. The partnership aligns with the stock’s upward trajectory, reflecting investor optimism about enhanced growth opportunities and operational scalability through the integration of Visualforma’s expertise.