Facial recognition system developer Papillon plans to go public

2023-11-06 23:11:15

The Russian developer of biometric identification systems, Group of Companies Papillon Systems, is studying the possibility of entering an IPO. Vedomosti found a vacancy on HH.ru for a director of PR and investor relations for System Papillon’s subsidiary, 3DiVi. The card states that the applicant must have experience in PR support for IPOs. We are talking about plans for an IPO of the entire group of companies, a Vedomosti source close to 3DiVi emphasized, clarifying that the company estimates the “window of opportunity” to be one to two years. A representative for the company itself declined to comment.