Sentry Enterprises, X-Core Technologies complete merger

WEST CHESTER, Pa.—Global identity solutions provider Sentry Enterprises announced this morning that it has completed its merger with Smart Card device developer X-Core Technologies.

For more than 15 years, X-Core Technologies has been a pioneer in Smart Card device development and card manufacturing technology in the payment and microelectronic industry, staffed by an engineering team led by Mark Cox, its founder and CEO.

X-Core is the inventor of the Prelaminate Core Sheet, a technology that makes scaled, complex, ultra-thin microelectronic manufacturing possible using hot lamination.

“This merger will allow Sentry Enterprises to offer unrivaled capabilities and products to a global market,” Cox said. “We made a strategic decision early on to partner with Sentry and together we plan to unveil solutions in the identity, payment, access control, and crypto markets that the world has never seen.”

Sentry Enterprises initially completed a strategic investment in X-Core in late 2021.  The now completed merger was an all-equity transaction at an undisclosed valuation. Maintaining its presence in West Chester, Pa., the combined entity will operate under the Sentry Enterprises name while retaining the X-Core brand.

“As a deep tech company, we have always recognized the need to be aggressive as a market disruptor,” noted Mark Bennett, Sentry CEO. “The combination of our biometric hardware and software ecosystem, in conjunction with X-Core’s patented technology, will position Sentry as the leader in the rapidly growing trillion-dollar digital identity market with expertise in access control, self-sovereign identity (SSI), crypto, payment, healthcare, and beyond.”

For more information about Sentry Enterprises and X-Core Technologies, please visit www.sentryenterprises.com and www.sentryenterprises.com/xcore-technologies/